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Do You Buy Now or Drop Your Standards Later?

Choices are getting difficult.For the moment at least, choices are getting harder to make. If you’re trying to keep up with property prices by working harder and saving more, you’re currently fighting a losing battle. Right now, you’d be flat out keeping pace let...

If It Ain’t Broke, Don’t Fix It

This age old saying in the vernacular also works with mortgages. But why? Fixed interest rates on a home loan are often higher than variable rates, but it’s all dependant on the global bond market. Fixed rates are funded by the global bond markets, meaning the bank...

Why Haven’t Prices Plummeted?

We’ve got Covid, a recession and had lockdown all over the place, but property remains strong and seemingly getting stronger?We all remember the dire predictions in the press this time last year with most property pundits espousing everything up to a total collapse of...

How Many Property Booms Have You Missed So Far?

You can count them on this graph.Personally, I haven’t missed any since 1998. Can you guess why that is? The reason is because I bought my first property in 1998, so I’ve had my toe in the water ever since then. Sure, there have been a couple of slower periods in that...

How Fast is Your Dream Slipping……Ahh…..Powering Away From You?

Have you been keeping a close eye on the market lately? Haven’t we all! It’s hard to believe some of the crazy things going on at the moment. This makes it all the more important to take action so you don’t see your dreams like you see a jet fighter…………disappearing...

The Cheap Money Boom!

Are we really in a property boom period just now? Maybe, but is it really a property boom? What I believe we are seeing just now is the largest, most concentrated cheap money boom that I for one have ever seen in my entire life and I’ve lived a lot of my life, so...

Perfect Urban 5 Bed Oasis

522Have you got a ‘Brady Bunch’ family? Are Mum and Dad living with you?If either of these are true, this is the house for you. If you’re up for dual occupancy as an investment strategy, this works as well. The original home as a renovated self contained granny flat ...

Are You Positive that You’re Negative?

Jehoshaphat, “Negative gearing is the best property investment strategy”. Geraldine, “Are you positive?” Jehoshaphat, "Huh???" OK, so we’ve all heard about positive and negative gearing with regard to property investment. But which one is the best strategy? Put...

To Be or Not To Be……….a Rent-vestor.

It seems it was easier back in the olden days. Remember back when you were a kid? More to the point, remember back when I was a kid, back in the 60s and 70s. You either rented or you bought your own home. It seemed that there were only the privileged few who could...

5 Bedroom Brand New Near Elite Schools and Walk to the CBD

52 2The selling agent has made this property is available for PPBA to buy for you. Elevated position, literately brand new, yet retaining the classy Colonial look is this colossal 5 bedroom residence mere walking distance to CBD and surrounded by a number of the best...
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What is the future of Australia’s housing going to look like?

How has the pandemic affected our desire to live in each other’s pockets?

 

My wife and I battle with this constantly even without a pandemic. It’s not really a battle actually, she just tells me where she wants to live and unfortunately for me, she’s a city girl and likes apartment buildings. As for me, I’m like Don Mclean, “City born, but I love the country life”. I love getting out in the garden, mowing the lawn and trimming a few extra kilos off myself by trimming the edges with a hand trimmer. That self-trimming in itself is also a bit of a battle because my neighbour and I then sit down on our newly mown grass to partake of a quiet Sunday afternoon cleansing ale or two…….sometimes three. 🙂

So, what about everybody here? Where is your thinking along living with the (next) pandemic?

Could you handle living in a building with communal facilities, in close proximity to hundreds of other people? Would you want to share the same community laundry facilities, your kids using the same playground equipment, using the same lifts and touching the same lift buttons as a myriad of other people? Remembering the total shutdown of a number of Melbourne’s public housing high rise buildings, I’m thinking that is the last place I would want myself or my family living. Add to that the results of a health study some years ago, of what was found on bank ATM buttons (shudder) and I’m thinking that such close living isn’t necessarily a healthy environment.

Early indications are that there is a move away from the city and the close living environment. Recent search activity indicates increased interest in the sea/tree change environment and the suburban, even outer suburban areas are showing signs of increased interest.

Lo and behold!   Working from home works!

Whooda thunk it!

In addition to the apparent increased desire of individuals for a more relaxed, more diversified living environment, there is also the seemingly sudden realisation by not only many small businesses, but also the larger corporations, that working from home actually works. The result being that many businesses now accept that staff can work permanently or semi-permanently from home, particularly those in the tech sector or those using new technology. With this realisation comes the reduced requirement for office space and the resultant reduced requirement for living in the CBD close to the office.

It will be very interesting to see how the current emerging patterns morph into 2021, assuming no catastrophic bushfires, floods, droughts or any further pandemics to send us all into another period of uncertainty. Stay tuned into PPBA to see how that unfolds. We’ll be keeping a close eye on that development.

What is your thinking? Are you ok with living where you are constantly required to handle the same door handles, elevator buttons, entry code buttons and stair rails as everyone else in the building, or are you thinking that a bit of self-isolation out on a small hobby farm might be the go?

To my mind, a bit of peace and quiet goes a long way, so my wife and I will continue to ‘discuss’ the merits of city living vs watching the horses graze quietly in the paddocks.

Once you’ve decided on location, be it CBD, suburbs or rural living, PPBA is here to help you get into your home at your price. Regardless of what your choice is, PPBA is not here to tell you where to live, but we do help fit location into your plan.

Call today for your FREE consultation.

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