Grays Property Anatomy - 22 Jan 2021
Eliza Owen, Tim Reardon, Chris Gray
Tonight on Gray’s Property Anatomy, I discuss how you can still get into the property market, even when you don’t have a deposit or can’t get a mortgage.
You see, I recently surveyed a number of clients who were struggling with the banks and found they typically fell into 2 camps: (1) They’ve got a deposit but can’t get a mortgage or (2) They can get a mortgage but they haven’t got a deposit.
So how can you buy a home or investment property even if the banks won’t lend you enough money? To find out more, you’ll have to watch tonight’s show!
A lot has been made in the media about the state of unit prices in Melbourne and to a lesser extent, Brisbane as the worst of COVID hit last year and Australia lost its international student population. And CoreLogic's latest Pain & Gain Report for September shows quite a large divergence between the return on houses over units.
And it seems the government’s extension to its HomeBuilder program has worked its magic for the construction industry, with the Housing Industry Association publishing some remarkable data for December, in its New Home Sales Report this week.
Will this once in 20 year surge continue beyond 2021 though? Tim Reardon, HIA’s Chief Economist joins me tonight to share the good news.
Join me Chris Gray, every Friday night at 7pm AEDT for Gray’s Property Anatomy.
22 January, 2021
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