Jul 25, 2022
Australia’s property markets have experienced unprecedented demand over the last couple of years, despite tourists not coming from overseas, despite visa holders not coming, visa holders not coming, students not being here, and the borders being closed.
And now despite the market cooling, rising costs and supply shortages are causing one of the worst housing crises in history.
I don’t know about you, but I’ve been reading about families forced to live out of their cars, in camper vans, and even in tents. And these are respectable people with reliable incomes and good rental history to boot.
Today I’m going to share a couple of segments to help you understand what’s going on.
First, there’s a replay of one of my recent Property Insider chats with Dr Andrew Wilson where we share his latest rental reports and what we believe is ahead for rental markets.
Then I’m going to share some statistics from the census, including one that created a lot of furore about why there’s a housing crisis when about 10% of properties were vacant on census night. I will give you some ideas to help you be a better investor.
And of course, I’m going to share my popular mindset message.
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Dr. Andrew Wilson, Chief Economist My Housing Market
Subscribe to our weekly Property Insiders videos – www.PropertyInsiders.info
Get your bundle of eBooks and reports at www.PodcastBonus.com.au
Shownotes plus more here: A bleak outlook for renters is good news for investors with Dr. Andrew Wilson