In the latest episode of Realty Talk, KnowHow founder Bushy Martin is joined by guests Stuart Wemyss, Eliza Owen and Simon Pressley for a robust discussion around whether converting from long-term to short-term rental investment is short-sighted.
Just when you thought the threat of changes to negative gearing was over when Labor lost the last Federal election, it is under pressure again. With 60% of Australia’s 2.2 million property investors being negatively geared, I would have thought that the ALP might have learned a lesson. But that is politics, I guess. More on that today in the show. Simon Pressley makes a return, and he brings some of those enlightening graphics with him. This time, it is demonstrated that Melbourne’s fundamentals are still quite fragile despite growth of 5 and a half percent in property prices in the last 3 months. But first up today, CoreLogic’s Eliza Owen tells Bushy that Australia’s housing boom is rolling on with national home values lifting another 2.2% in May. The improvement was almost universal being recorded in 97% of subregions across the nation. Eliza lists the reasons driving the continued improvement and if it is likely to continue.
Stuart Wemyss also shares his insights, along with some final words of wisdom from Bushy.
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