Description
Lending to property investors has surged by 47% over the past 5 months, despite high interest rates, a drop in interest-only loans from 40% to 10%, rising property taxes, and stricter tenancy laws.
In today’s episode, guest host Stuart Wemyss speaks with Ben Kingsley from the Property Investors Council of Australia.
In today’s show we cover:
· The negative effects of the 2017 lending restrictions.
· The impact of rising property holding costs, including increased taxes and levies.
· Investor sentiment as reported in the PIPA survey, and strategies for navigating the current challenges for investors.
· How the government's policies on building more homes and increasing density in established suburbs might affect new and existing investors.
See omnystudio.com/listener for privacy information.
Need some advice about advice? At The Australian, we have expanded our annual roll call of the best advisers: The List: Top 150 Financial Advisers is out this week.
To mark the occasion I'm joined by an adviser who has managed to make the list every year since it was launched in 2017. Will...
Published 11/21/24
The Big Super funds are having a woeful run of high-profile cock-ups where customers have been let down by inept management procedures: Led by Cbus, the roll-call includes ART, Hesta and Unisuper. At what point do investors need to be concerned about failings in their super fund?
James Gerrard...
Published 11/19/24