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.
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