2 Sense: Land tax, build to rent & low inventory. What this means for you?

Every Sunday the Australian Property Podcast team deep dive into the biggest news stories of the week, take a plain English look, and tell you what it means for your property.

Buyer's Agent Pete Wargent is joined by Rask founder Owen Rask this week to cover land tax, build to rent news & the current listing environment.

On this episode of the Australian Property Podcast, we cover these Big 3 stories of the week:

Land Tax

• The Victorian budget has hit property investors hard so what does this mean for you? Do the benefits outweigh the increasing costs?
• Question from our community: Is it better to hold other assets i.e. ETFs that can generate passive income instead?
• What are the monetary implications of selling property assets and moving into another asset class?
• Will increased costs be passed on to renters?

Build to Rent News

• New players in this space: foreign withholding tax that was cut from 30% to 15% meaning an increase in foreign investors could be imminent, what does this mean for Australians?
• Increases in rental supply: is this increasing the number of affordable housing?
• Corporate landlords: What are they? How can it be helpful for long-term renters?
• What are the trends overseas? Will it be the same here?

Listing environment. Why is inventory so low?

• With supply potentially at its lowest point in many years, why are people not selling good quality stocks?
• Why are people holding and renovating?
• When might this issue change?

Australian Property Podcast resources:

• Australian Property Podcast online - videos, notes & resources
• Ask a question
• Chris' mortgage broking
• Amy's new property course
• Amy's 100-point checklist (PDF)
• Pete Wargent's property coaching
• Join Owen's Rask Core  membership for $0.99

INFORMATION WARNING!

This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning Super funds, products, shares, bank accounts, etc.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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