Ep 71 It’s open season for Australia’s property market

With Australia on the brink of fully emerging out of the shadows cast by COVID in 2021, it’s now officially open season for the property market. Will the current real estate trends buckle or boom under the “new normal” conditions? In this episode, hosts Phil Tarrant, Steve Waters and Victor Kumar tackle a raft of geopolitical, financial, and economic factors and events that are shaping the spring selling season this year. While it does currently seem to be all systems go for the property market, the trio warn investors against chasing get-rich-quick schemes that are proliferating the real estate industry. They also argue on whether trends that have dominated the property market scene at the height of the pandemic will continue as cities emerge out of lockdowns and borders reopen, before touching on APRA’s recent move to tighten lending standards and how it could potentially affect current dynamics.