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Aussie Real Estate Podcast

Mortgage Squeeze | Slow Auctions

26 Jul 2022

Transcription

What is the main topic discussed in this episode?

2.596 - 7.543 Unknown

It's the Real Estate Podcast, across every state, city and town of Australia.

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7.863 - 33.557 Craig

And welcome to another episode of the Real Estate Podcast, available on iHeartRadio every morning, also on Spotify and Apple and wherever you get your podcasts from. It's a Wednesday, the 27th day of July for 2022, and coming up, we are talking to a The first is Anthony.

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33.597 - 59.282 Craig

We're going to be looking at the banks who are watching very closely with the extra spending that is going on from household budgets and also talking about the mortgage squeeze that is taking place. Then Michael is here. We're going to have a look at this slow auction process over weeks rather than the quick auction that takes place on the day.

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59.262 - 90.603 Craig

If you're celebrating your birthday today for the 27th of July, you share it on the same day as AB, Alan Borda, the former Australian cricket captain. He is turning 67 today. You know, I tell you what, he had a fantastic batting test average. I was just having a look at that. He played 156 test matches, scored over 11,174 runs, and his batting average was 50.6. That's pretty good, eh?

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90.643 - 94.136 Craig

That's not bad at all. So happy birthday, Alan Borda.

94.317 - 105.142 Unknown

Grab your coffee and switch on your real estate breakfast every weekday morning from 6.30. It's the main centre forecast with propertybuyer.com.au.

105.543 - 130.798 Craig

And checking on your weather around Australia. First, we go to Sydney, a sunny fine day, expecting a high of 17. Melbourne, the showers are going to ease back, a temperature of 15 degrees today. Brisbane, the blue skies are picture perfect, your top of 19. And in Perth, some cloudy skies, but a dry day and your high of 21 degrees.

130.778 - 137.888 Unknown

From first home buyers to property investors and everything in between, every morning on The Real Estate Podcast.

137.908 - 157.922 Craig

Well, as I mentioned yesterday, if you're trying to save for a deposit, especially if you're a first home buyer, banks are starting to scrutinise even more than in normal circumstances. And the household squeeze is being financially felt and in some cases to breaking point.

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