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Pete Wargent of BuyersBuyers.com.au discusses the 2021 Budget, border closures, and the outlook for property on ausbiz TV.
Pete Wargent, co-founder of BuyersBuyers.com.au, says that Australia's slow vaccine rollout will likely lead to further erosion of rental yields in Sydney and Melbourne, and consequently lower investor demand.
Co-founder of BuyersBuyers.com.au Pete Wargent said that the end of the JobKeeper payment program will not represent a systemic risk for mortgage defaults in the housing market.
Doron Peleg, CEO of RiskWise Property Research said that the First Home Loan Deposit Scheme (FHLDS) has led to an expected return of higher loan to value (LVR) ratio lending in the housing market.
RiskWise Property Research CEO Doron Peleg says that credit restrictions are possible later in 2021 to slow down a firing housing market.
