The political state of the investor, with Bryce Holdaway – Ep. 93

In this latest episode of the Geared for Growth podcast, Mike is joined by renowned Property Investment Advisor, Bryce Holdaway, to dig into the status of the investor amidst the current political landscape, where housing affordability and the rental crisis is front page news.

Perhaps best known for his co-hosting of TV shows such as Location, Location, Location Australia, and Escape from the City, Bryce is also author of Make Money Simple Again and The Armchair Guide to Property Investing and Co-Host of the The Property Couch podcast.

In this conversation, Mike and Bryce discuss the role that private landlords play in the rental affordability space and consider why they get such a bad rap when the majority are Mum & Dad investors just trying to get ahead. Covering such topics as the recently debated rental freeze and the multiplier effect of Build to Rent projects, Mike and Bryce make a clear case for the landlord as a small business owner.

Bryce also explains why property investment is a long term game and delves into the reasons why property will remain a strong asset class over the next decade.

This episode is essential listening for anyone feeling a tad disheartened in light of recent negative press, or just wanting to get a better understanding of the current landscape.

Here at MCG, we are passionate about creating a forum and education series for property owners and investors. We do depreciation differently, and offer a set rate for Replacement Cost Estimate reports. A first in the industry. Join our clients saving more on their tax today https://www.mcgqs.com.au

 

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http://bryceholdaway.com/

Mike is joined by renowned Property Investment Advisor, Bryce Holdaway, to dig into the status of the investor amidst the current political landscape, where housing affordability and the rental crisis is front page news. Mike and Bryce discuss the role that private landlords play in the rental affordability space and consider why they get such a bad rap when the majority are Mum & Dad investors just trying to get ahead.

• The role that landlords have in the rental affordability space
• Changing the narrative of property investors to that of small business owners
• The irony of the negative gearing “loophole”
• The political debate surrounding rent freezes
• The importance of private investors in the property market
• The multipier effect of big business build to rent
• Why property investing is a long term game

“A very large percentage of the rental stock is provided by private landlords ie mum and dad investors and I think it’s easy to just read the headlines but once you look under the bonnet you realise that most people who were trying to create some form of financial freedom, wealth, lifestyle by design, whatever you want to call it using property, they’re doing it in a way to self fund retirement which is actually good for the Australian taxation system so that they won’t be relying on the pension” Bryce 2:17

“If it’s 73% stop at one, and to your point, 91% stop at one or two the reality is that the property investor isn’t a greedy fat cat that’s leeching off the tax system it’s generally probably someone that you meet at the school yard gate or someone that you bump into at the water cooler at work or someone that you meet having a drink on a Friday they’re probably just like you and me” Bryce 5:42

“It just seems like everyone’s trying to have a piece of piece of the poor old property investor and whilst the last the perception remains greedy fat cats it will continue to be an easy target” Bryce 10:25

“If the rental freeze was to happen investors would leave the market in droves and so what would happen is the poor old tenant who the legislation is intended to protect would be worse off by a country mile” Bryce 12:55

“Unless you actually get in the arena it doesn’t matter, as long as you’re directionally correct and there’s a few basics you need to get right and buying the right asset is really crucial ” Bryce 27:40

“You don’t have to find the perfect property, just have to find the property that works with your plan so that you can actually do it within the boundaries and the parameters of your risk profile and just get on with it” Bryce 29:48

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