"Less Buyers, More Sellers" Mark Bouris & Angus Ferguson

Рет қаралды 21,818

Күн бұрын

Пікірлер: 60

@BaconSandwich72 Ай бұрын

If old mate is scratching his head over why a-grade properties are soaring and the lower grades aren’t…I would imagine our lack of money laundering laws are the answer.

@nathankelly1708 Ай бұрын

It's difficult to not draw on the likes of Chinese investors leaving numerous properties vacant and drug lords using properties as a way of laundering money to get an understanding of where Australian property prices have come to be as they are. Corruption and greed are factors that exist, "tens of millions of dollars worth of commission" from the mouth of this podcast participant is indicative of the culture around real estate.

@buildmotosykletist1987 Ай бұрын

@@larrydowling : Solicitors are at the top of that list.

@jesus_built_my_hotrod 25 күн бұрын

That's happening in every industry not just the property market

@rocknrod2545 Ай бұрын

Property "investing" is a religion in Australia.

@leonie563 Ай бұрын

Bank shareholders their shares are worth something...

@peterforsyth962 Ай бұрын

Obsession more likely. When Brisbane Olympics were announced and media headlines read: 'What this announcement means for Brisbane Property!!!!' Property is a Government Incentivised PONZI that shamefully favors INVESTORS over regular families wanting to buy just ONE single home!!!!!!😂😂😂😂 Bring on 2025🎉🎉🎉🎉🎉🎉🎉🎉🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘🏘

@jesus_built_my_hotrod 25 күн бұрын

More like a cult

@AD-mo5sg Ай бұрын

Another tool for agents to be tools

@coreyjones7202 Ай бұрын

We use car sales to sell our own vehicles. Why do we pay these agents tens of thousands to open a door to our homes. People will generally buy your house because it meets there needs not because of an Agent

@scottyates5758 Ай бұрын

Yep they will buy it, you’ll probably be low balled hard. Many wouldn’t be able to handle the pressure of selling.

@coreyjones7202 Ай бұрын

@@scottyates5758 Ill let ya know how i go

@Bobafe77a Ай бұрын

@@scottyates5758agents talk down vendors to get a quick sale. Agents may also play both ends against the middle. Also , with increasingly accurate online valuations, banks valuations and buyers' price expectations, agents are becoming less necessary.

@yongwarrior Ай бұрын

Why do people trade in their cars at dealership instead of private sale? Lots of risks and headaches. Low balling, no shows , theft and etc…

@brendan_13 Ай бұрын

Exactly, houses sell themselves.

@brendan_13 Ай бұрын

Actual insights starts at 16:24. Lots of real estate agent waffle beforehand.

@michelearcidiacono8631 Ай бұрын

thank you

@carlosf3917 Ай бұрын

Thank you

@satwindersaini4522 Ай бұрын

"Abolishing negative gearing, reforming capital gains tax, and banning foreign buyers from purchasing residential property while encouraging them to invest in commercial property could help balance the housing market. Providing tax incentives for first-home buyers on their mortgage interest payments for the first ten years (similar to the U.S. housing policy) would promote home ownership, reduce demand for rental properties, and lessen the burden on taxpayers in the form of rental assistance. Additionally, 80% of newly released land should be allocated to first-home buyers."

@leonie563 Ай бұрын

Or lock up Employer Contributions till age pension age of 67 no exclusions and they can play two-up with their Voluntary Contributions or their PPOR. That's the convo overdue.

@eh5369 Ай бұрын

Communist!!!!

@eh5369 Ай бұрын

The Federal and state governments should stay out of building... let private enterprise do it and stop competing with private businesses. Facilitate the infrastructure and remove all red tape and costs.

@eh5369 Ай бұрын

@@leonie563 Communist!!!

@andrewholmes210 Ай бұрын

You forgot to mention stop allowing 600 000 plus net overseas migration which is the real culprit when comes to housing and rental affordability,.It's economical,environmentally, and socially destructive and unsustainable. We can't provide housing, hospitals, schools etc for the population we already have so let's stop pretending we care about first home buyers and the environment.

@sdeko3336 Ай бұрын

Buying in Australia isn’t smart.

@buildmotosykletist1987 Ай бұрын

The facts show Australian real estate is one of the best investments in the world.

@giddyup3451 Ай бұрын

What a crock. More listings and dropping clearance rates.. No effect on price, yeah OK con man.

@richardminhle Ай бұрын

Why do they call seller the vendor? It is not like the seller usually has a warehouse of houses to sell.

@Helena-ou8ry Ай бұрын

It is the legal name used in the document of sale

@richardminhle Ай бұрын

@@Helena-ou8ry Ok. Interesting.

@Helena-ou8ry Ай бұрын

Why do people always think availability of stock leads to price decline! It doesn’t in retail and it doesn’t in the housing market, the only thing that leads to lower prices is the necessity of sales eg. Businesses is about to go bankrupt so lowers prices to get cashflow, house seller lowers price because of extreme financial stress of owning and sale makes problems go away.

@cruzrv4399 Ай бұрын

Thanks, Mark. Great content. Regarding retail sales it’s not the number of sales that is up, they are actually way way down. The cost of the goods due to inflation which has happened due to money printing and stimulus is what’s up. So the prices are up not the volume of transactions. A good example here in Agnes Water at our local grocery shop yesterday I spotted a 600 mL bottle of Coke priced at $5.90. A quick walk around the store to check. Other prices showed me that nearly everything is up by between 60 and 100%.

@loganschmick792 Ай бұрын

Firstly, I would like to say that I love Angus's initiative, but I must point out some points. What we have here is a monopoly that acquired Angus's business so that it can't compete with them in the future. I challenge the thought of a business turning over 1 million PA and paying 24 million for that. Whenever you hear Domain, that's Fairfax, whenever you hear REA, that's Murdoch monopolies. There is no venture capital in tech in Australia, so I congratulate Angus on his achievement. Anyone else who follows the blueprint for success is be a pain in the big boys' business and makes them buy you out. From what I gather from this interview, 10% will do it. As a tech person, can I also point out also that blockchain smart contracts will do all of this and more.

@SN-sl8so Ай бұрын

i baulked when he said doing $1m. I was confused, did he mean $1m per month, surely he couldnt mean $1m turnover a year thats impossible. especially when he said they had 30 staff. even at the lowest 50k per staff thats $1.5m in staff alone let alone expenses.

@givesy123 Ай бұрын

More time for the real estate agents to ignore tenants

@dunk1 Ай бұрын

Don't know I have a rental it appears the tennet has more the enough rights. Mime has stopped paying rent but is still there

@leonie563 Ай бұрын

@@dunk1gig is up, just as many Landlords are building mortgage arrears

@buildmotosykletist1987 Ай бұрын

@@dunk1 : That's not unusual. Landlords are selling up and turning to other investments in commercial, industrial real estate or the share market, often through a fund.

@BaileyJames-zv2ddd Ай бұрын

Clearly, this year was worse than the previous one. I lost a lot of money last year as a result of poor investing decisions that I would not have made if I hadn't been so worried about my portfolio. I continued to invest, but I was unsure whether I ought to start saving for a home. In the end, I sold my positions, and the house required more upkeep than I expected. I'm not sure how much longer I can keep going like this

@AlexClarkcompany Ай бұрын

Everybody has made mistakes in the past. Think about financial security

@LouisMorganxb3 Ай бұрын

A ranged set of exposures, particularly those that are currently creating cash flows, serves as essential for your portfolio. I engaged a planner in late 2023, and as a result of my portfolio overhaul, I have profited by well over half a million dollars in seven months across numerous markets. Planning for worst case scenarios needs to start while things appear to be growing

@OscarOwenn Ай бұрын

Who is this organizer that you work with?

@LouisMorganxb3 Ай бұрын

June Renae Matthysse. If you search for her online, you'll most likely find out more about her

@BaileyJames-zv2ddd Ай бұрын

She appears to be well educated and knowledgeable. I ran an online search on her name and found her webpage, thank you for sharing

@Brod92 Ай бұрын

The government is trying to fix the problem it started by bringing in more government and more government spending. Team red, team blue, it doesn’t matter, It ain’t about to get any easier. The working class always pays the bill

@satwindersaini4522 Ай бұрын

The government should introduce more attractive savings products to encourage investment beyond negative gearing. For example, infrastructure bonds could offer incentives such as a 10% tax offset on investments of $10,000 (providing a $1,000 tax benefit), with the investment locked in for the first ten years and tradable thereafter. These bonds should also provide a competitive dividend yield to attract investors. Funds raised through these bonds could then be used to finance infrastructure development.