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Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the week. Don’t forget to send Chris and Pete your questions!
In this week’s episode, Chris and Pete cover Immigration surges – biggest January on record, is property the best bet? Livewire/AFR and where cash buyers are splurging billions for a home
1 – Record January for population growth
We don’t have to do it. Bob Carr criticises latest immigration figures
https://www.skynews.com.au/opinion/we-dont-have-to-do-it-bob-carr-criticises-australias-record-immigration-levels/video/5bea7d1203516275db9056105a0b2ee2
“A disaster” – Dick Smith blasts record January intake
https://www.news.com.au/finance/economy/australian-economy/disaster-dick-smith-blasts-record-january-migrant-intake/news-story/40623094e2e857cb8d9cfef2097b9fc2
Immigration accelerates to new highs
https://petewargent.blogspot.com/2024/03/immigration-accelerates-to-new-highs.html
Build to Rent announcements in 3, 2, 1…
https://petewargent.blogspot.com/2024/03/build-to-rent-announcements-in-3-2-1.html
2 – A better way to build wealth than property investing
Residential property is a sub-par way to grow your wealth
https://www.livewiremarkets.com/wires/residential-investment-property-is-a-sub-par-way-to-grow-your-wealth-part-2-2
https://www.livewiremarkets.com/wires/residential-investment-property-is-a-sub-par-way-to-grow-your-wealth-part-1-2
A better way to build wealth than property investing
https://www.afr.com/markets/equity-markets/the-better-way-to-build-wealth-than-property-investing-20240305-p5f9z8
3 – Where cash buyers are active
Cash buyers report – PEXA
https://www.pexa.com.au/content-hub/cash-purchases-report-2023/More than 1 in 4 properties bought for cash in NSW, VIC, QLD
https://www.abc.net.au/news/2024-03-13/quarter-of-properties-purchased-with-cash-2023-nsw-vic-qld/103576718
Where cash buyers are splurging billions for a home
https://www.afr.com/property/residential/where-cash-buyers-are-splurging-billions-for-a-home-20240312-p5fbpw
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