JH & Siarn talk housing crisis and what can be done with REIQ CEO Antonia Mercorella.

This is a big ep and we cover a heap of topics, thanks to the REIQ for lending us their CEO for 90 mins :D Topics covered:

1. Queensland's Real Estate Industry Overview - The state of the housing market in Queensland - Challenges faced by the real estate industry

2. Housing Crisis and Contributing Factors - Low vacancy rates and high buyer demand - Insufficient housing supply contributing to crisis conditions - Homeownership rates in Queensland

3. Government Policies Impacting Real Estate - Analysis of current government policies related to home ownership and construction - Upcoming election implications for real estate

4. Innovative Solutions for Housing Supply Shortage - Prefab dwellings and modern construction methods as solutions - Modular homes and 3D-printed houses potential

5. Local Government Processes & Development Issues - Streamlining local government processes for housing development – Case study: Council-funded residential lot development success

6. Changing Work Patterns Influencing Housing Choices – Impact of hybrid working on location preferences – Shifts towards work-life balance over proximity to workplaces

7. Legislative Reforms Affecting Rental Market Dynamics – Recent legislative changes favoring tenant protection – Effects on private investors’ decisions regarding property rentals 8. Strategies for Balancing Tenant Protection with Property Owner Rights – Negotiable terms such as pet bonds instead of strict mandates – Targeted measures versus blanket legislation

9. Understanding Rental Rate Increases from Landlord Perspective – Analyzing rental cost increases relative to property expenses – Media’s role in shaping perceptions about rent hikes

10.REIQ Initiatives Enhancing Trust within the Industry – Prop IQ video series launch by REIQ — Community education efforts through media engagement

11.Real Estate Education & Compliance Importance — Role of REIQ in providing information, training, and guidelines — Commitment required by REIQ members toward ethical standards

12.Solutions Proposed to Alleviate Rental & Wider Housing Crisis — Selling rental properties exclusively to investors — Maintaining rental inventory while increasing overall housing supply

13.Role of Multiple Stakeholders in Addressing Housing Shortages — Collaboration between governments, builders, developers — Policy reforms needed alongside confidence-building measures

14.Encouraging Tradespeople Participation to Boost Construction — Promoting apprenticeships within trades sectors — Attracting skilled tradespeople regionally

15.Technological Innovations Potential Role Future Developments -- Considering new technologies like 3D printing for future housing needs

16.Multi-faceted Approach Required Solving Supply Issue -- Comprehensive strategies involving government action private sector involvement

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