2-Sense podcast
This week on the Australian Property Podcast I was joined by Chris Bates to discuss the big three property news stories of the week.
We discuss Domain's house price forecasts, which anticipate new highs, and also record mortgage repayments expected next year.
Tune in here (or click on the image below):
The YouTube version will go live at some point as well.
Chris notes have incredibly tight lending policy settings are at the moment, and it's obliterating the housing supply, and particularly of rentals.
Today News reported how Brisbane has become the latest city to turn into a "Hunger Games" style rental market, with one mother reporting being rejected from over 800 applications.
There don't appear to be any workable plans to tackle this, with Victoria's state government now reducing incentives for off-the-plan purchases and increasing land taxes for landlords in the face of record population growth.