Australia Is Heading For Its Biggest Price Drop In 40 Years - No BS Property Show

Australia just banned SMSFs from borrowing to buy residential property, and Dan says the government admitted it had done no financial modelling on what that would do to housing supply. In episode 5 of the No BS Property Show, buyer's agents Daniel Beardall and Josh Yun get fired up about a government making decisions nobody voted for, while families feel the squeeze and a single day in August set a record for business insolvencies. Then they show why, for the people who know how to play it, this market is creating some of the best deals they've ever seen. In this episode, they explain: → Why Josh says "the government are our employees", and why Dan calls it "the furthest thing from a democracy" → The SMSF lending ban, and why 30 to 40% of some of the country's biggest developers' pre-sales were SMSF buyers → Why Australia is likely heading for two years of negative growth in a row, a first in 40 years → The Albanese HECS skit Josh calls "so tone deaf" while families are struggling → How they're making more money this year in a falling market than they did in a rising one → The two deals this year with $770K and $800K+ of instant equity on purchase → The formula they use to succeed in any market, whether it's going up, down or sideways If you're angry about where the market is heading, this is the episode that turns it into a plan. The government keeps changing the rules. The four points Dan and Josh use to pick a property that makes money without relying on the market don't change. Dan walks through them in this episode, and the free guide has all four with real deals scored against them: https://go.bothsides.au/score Follow Josh: ◼️ Instagram - https://www.instagram.com/thejoshyun/ Bothsides: ◼️ The weekly email - https://bothsides.au ◼️ Dan - https://www.instagram.com/daniel_beardall/ ◼️ Watch on YouTube - https://www.youtube.com/@bothsidespodcast General information only. Not financial, tax, legal or credit advice. Bothsides is not a mortgage broker or credit provider. 0:00 Intro: the highest cash rate since the GFC 1:01 Why buyer and vendor sentiment has flipped 2:10 A record day for insolvencies 3:26 "Families are falling into quicksand" 5:09 Two negative years in a row, a first in 40 years 5:42 Productivity, AI and the job market 8:10 The wealth effect: why everyone feels poorer 11:44 The SMSF lending ban and "no financial modelling" 12:58 "The government are our employees" 15:03 The Albanese HECS skit 16:18 30 to 40% of developer pre-sales were SMSF 17:50 Why investors stopped buying off the plan 21:30 Buying below the bank's valuation 23:17 Two deals with $770K+ of instant equity 23:51 More money in a falling market than a rising one 29:49 The risk nobody talks about 31:17 Buy at $900K, valued at $1.6M? 36:19 "These loopholes work until they don't" 39:14 How serviceability really works 41:51 Company structures and unlimited borrowing 44:17 The 3 stages of a property investor 47:40 Sell at a loss, end up $70K ahead 51:30 Investing with young kids 53:29 What 40 years of data says about recoveries 55:29 Subdivide: invest $50K to make $500K 56:08 There's no such thing as passive income 57:01 The 4-point score for any market 1:00:41 The Rule of 72 1:05:08 Why granny flats are their best friend 1:12:55 What's hot right now 1:16:51 Why duplex sites will sell for less 1:21:50 Should you buy now or wait? 1:23:41 The window of opportunity 1:25:22 Outro