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Property Buzz: Buyer's agents in trouble, economic pressure, and a looming property supply crunch: The experts speak
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Fuel costs rising, the economy wobbling, buyer's agents under scrutiny, and negative gearing sparking debate. There's a lot shaking the market.
In the latest episode of Property Buzz, Phil Tarrant and Liam Garman dive into the issues shaping Australia's property market right now, from dodgy financial advice to a teetering building industry.
They examine the growing scrutiny on buyer's agents, highlighting cases where unqualified advice crosses into financial guidance. Phil and Liam stress that proper expertise isn't optional, it's increasingly under the regulator's microscope.
The discussion also turns to housing supply, sparked by comments from Jim Penman suggesting negative gearing should be scrapped to encourage more builds. Phil and Liam argue that cutting investor incentives while construction is slowing could worsen affordability rather than improve it.