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Steve Waters

๐Ÿ‘ค Speaker
97 total appearances

Appearances Over Time

Podcast Appearances

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

It was something that I've been looking forward to for 12 months, believe it or not, because the last couple of years just seemed like one long day.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

Yeah, for sure.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

Yeah, that's a great question.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

Other than the economic pain, health, those obvious things, and then the ramifications of credit policy, first-time owners grants and all the government stimulus, some of those not so obvious changes are around the trends that are either going to be sustainable or not.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

And that might be the

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

the movement of populace away from areas to different areas as they wrestle with the employment slash affordability and lifestyle components that COVID has made fully aware to them that probably wasn't beforehand.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

So I think those trends that we're starting to see now, which is moving populations away from certain centres,

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

are really going to hold their own over the next, let's call it two to five years.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

But conversely, I also think there's been some short-term trends because of COVID that have had their time in the sun.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

And I would suggest that over the next few years may revert back to an element of normality.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

So it's certainly going to be interesting over the next couple of years.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

Yeah, I think it's been amazing.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

But there's somewhat of an element, when you look back in hindsight, it was quite an obvious change that could have happened given the right circumstances, which ended up being COVID.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

You look at an area like Queensland or Brisbane in particular, which has always got the highest intrastate migration numbers.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

But then you throw a COVID scenario in there and you've got populations, say, from Melbourne and its surrounds, which have declined because everybody's gone to Queensland.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

Same with New South Wales or Sydney to the regional areas, even to Tasmania.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

None of that was made possible before.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

in terms of longevity, unless employers and big business got their head around the fact that people can be just as productive working from home or in a blended scenario, whatever it looks like to them.

Aussie Real Estate Podcast
Can This Market Last | Any Losers?

And I can personally say that prior to COVID, I don't know if I'd have been too happy about everybody working from home.

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