Ray is CEO of First National Real Estate, Australia’s largest independent real estate network. Since his appointment, the network has undergone an almost complete revolution of its product and service offering, and adopted an innovative social media strategy. Ray is a former director of the Real Estate Institute of Australia.
If we abolish or restrict negative gearing, the potential for investors to choose other asset classes instead of property could exacerbate the already slowing trend of investor lending.
While it is reasonable to review the fairness of the current negative gearing/capital gains tax arrangements, the Reserve Bank has indicated it would rather change capital gains tax arrangements than negative gearing.
Make no mistake, the average property investor is not a multi-millionaire, it’s a person who owns just one investment property and has an income under $80,000.
While such a tax might reduce pressure on the Government to increase the GST, it could affect Australians in unexpected ways.
Green communities attract residents and this bodes well for real estate values.
Because tenants understand how difficult it can be to rent a property with their pet, many are prepared to discuss the amount of rent they'll pay.
The stereotype that real estate agents are untrustworthy smooth-talkers who put their needs ahead of their clients no longer stands.
It’s vital that sales agents and property managers operate within an inspirational, forward thinking culture when the goal is peak performance.
With all the talk of affordability issues in the media, it’s easy for consumers to be blinded to the truths that underpin Australian real estate.
Your next investment property may actually be more affordable than you think if property depreciation is correctly claimed.