Listen "Is Your Property Investment Strategy Outdated? | Suburb Trends June 2023"
Episode Synopsis
As the real estate market continues to evolve, prospective investors are facing new challenges that demand attention and strategic planning. And resident data geek, Kent Lardner is back to provide valuable insights into the factors contributing to the rising unaffordability and explore potential solutions to mitigate its impact. In this insightful June 2023 Suburb Trends report, we delve deep into the essential information that property investors must be aware of when considering investment opportunities across the country. Throughout this episode, we discuss the impact of fluctuating housing prices, inflation rates, and other economic indicators on property affordability. We also talk about the pivotal role that government policies and regulations play when it comes to shaping the investment landscape, and how investors can adapt their strategies to navigate these changes. Join us as we bring you the most up-to-date data, expert advice, and actionable insights to help you make informed property investment decisions. Tune in and arm yourself with the knowledge you need to navigate the complexities of the current investment landscape and achieve your financial goals. Episode Highlights: 00:00 - Introduction 01:21 - What economic metrics tells us about the effects of AI on jobs and housing 03:41 - What are the specific areas where property is becoming too expensive to rent or buy? 08:22 - Why it’s hard to measure income growth in a suburb 11:02 - Early signs of a rental crisis in the country 14:07 - The potential risks of AI on jobs and housing affordability 19:57 - What factors are currently affecting housing supply and demand? 24:11 - Which housing markets will be most affected by AI's impact on jobs? 31:57 - What’s happening in the property market in Sydney? 34:56 - Assessing affordability risks in different suburbs 40:12 - The impacts of a falling market on the rental market 45:29 - Discussing two different approaches when entering the property market 48:39 - The impact of AI on the real estate market About Kent Lardner: Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media. Connect with Kent Lardner: Kent Lardner’s LinkedIn: https://au.linkedin.com/in/kentlardner Kent Lardner’s Website: Suburbtrends https://suburbtrends.com/ Resources mentioned in the episode: Stepping Stone Strategy Tutorial Workshop: https://homebuyeracademy.com.au/ssw Resources: Visit our website https://www.theelephantintheroom.com.au If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast [email protected] Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au Work with Veronica: https://www.veronicamorgan.com.au Looking for a Mortgage Broker?
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