Can Housing Be Fixed Without Hurting Investors?

100,000 Approved Homes: So Why Aren't They Being Built?

For years, Australia's housing crisis has been framed as a simple supply problem: cut planning red tape, approve more developments, and housing affordability will improve. But what if we've been solving the wrong problem all along? In this episode, urban economist and town planner Tim Sneesby joins Veronica Morgan and Chris Bates to challenge one of the most widely accepted narratives in Australian property. Drawing on his experience in planning, urban economics, and public policy, Tim unpacks why planning regulations may not be the primary barrier to housing delivery. Together, they explore why more than 100,000 approved homes in New South Wales remain unbuilt, what developer feasibility has to do with housing supply, and why interest rates, financial markets, and broader economic conditions may have a far greater influence on affordability than planning reform alone. The conversation also dives into the NSW Government's planning reforms, including low and mid-rise housing policies, transport-oriented development, and the growing debate between state-led rezoning and strategic local planning. Tim explains why blanket upzoning may not deliver the housing outcomes governments are hoping for, and why infrastructure, long-term planning, and genuine affordable housing should be part of the conversation if Australia is serious about tackling its housing affordability crisis. Whether you're a property investor, home buyer, industry professional, or simply trying to make sense of Australia's housing debate, this episode offers a fresh perspective on one of the country's biggest policy challenges. If you've ever wondered why housing remains so expensive despite years of planning reform, this conversation will challenge your assumptions and help you see the bigger picture. EPISODE HIGHLIGHTS 01:50 – Meet the Expert Challenging Housing Myths 08:56 – What's Really Driving House Prices? 16:47 – Is NIMBYism Really Blocking Housing? 19:55 – A Better Alternative to Blanket Rezoning 23:09 – The Affordable Housing Catch 30:46 – The Truth About Infill vs Greenfield 34:56 – Why Interest Rates Matter More Than Supply 36:26 – What Really Drives Housing Demand? 39:02 – The Hidden Labour Crisis Behind Housing 43:00 – Why Equity Keeps Driving Property Prices 47:06 – Why Developers Can't Build Everything 49:04 – Why Approved Projects Never Get Built 52:09 – Is Australia's Housing Crisis Misdiagnosed? 55:49 – When Planning Reform Creates More Uncertainty ABOUT THE GUEST Tim Sneesby is an urban economist, town planner, and planning policy expert with extensive experience across local government, strategic planning, and urban economics. Having worked in both the public and private sectors, Tim brings a unique perspective to Australia's housing debate, combining practical experience in development assessment with a deep understanding of the economic forces shaping cities and housing markets. Currently serving as Manager of Town Planning at a Sydney council, Tim also teaches urban economics at the University of New South Wales and the University of Sydney. Recognised as a former Australian Young Planner of the Year, he is widely respected for challenging conventional thinking around housing affordability, planning reform, and urban policy through evidence-based analysis and practical insight. Passionate about creating better cities and better housing outcomes, Tim advocates for strategic planning that balances housing supply, infrastructure, affordability, and long-term community outcomes rather than relying on simplified policy solutions. CONNECT WITH TIM * E-mail | Tim Sneesby [tim.sneesby@waverley.nsw.gov.au] RESOURCES * Visit our website: https://www.theelephantintheroom.com.au [https://www.theelephantintheroom.com.au] * If you have any questions or would like to be featured on our show, contact us at: * The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au [questions@theelephantintheroom.com.au] * Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au [http://www.gooddeeds.com.au/] * Work with Veronica: https://www.veronicamorgan.com.au [http://www.veronicamorgan.com.au] * Looking for a Mortgage Broker? alcove.com.au [http://alcove.com.au] * Work with Chris: chrisbates@alcove.com.au [chrisbates@alcove.com.au] Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now! * Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast [https://www.youtube.com/@theelephantintheroom-podcast] * Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 [https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719] * Subscribe on Spotify: https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E [https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E] If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! See you on the inside, Veronica & Chris

What Your Builder's Credit History Can Tell You

You're about to invest hundreds of thousands of dollars into building or renovating your home—but how much do you really know about the builder you're hiring? While most Australians compare quotes, browse reviews, and check licences, few dig deeper into the warning signs that could reveal financial instability, recurring disputes, or other hidden risks before signing a contract. In this episode, we sit down with Angus Luffman, founder of Trust Signal and one of Australia's pioneers in credit reporting, to explore why builder due diligence has become more important than ever. Angus explains how information already sitting in tribunal records, company histories, insolvency data, licensing registers, and insurance eligibility can paint a much clearer picture of a builder's track record—if you know where to look. Together, we unpack why builder collapses are rarely as sudden as they appear, the red flags homeowners and investors often overlook, and why construction remains one of Australia's highest-risk industries. We also discuss the emotional side of building, why consumers tend to skip proper due diligence, and the practical questions everyone should ask before committing to one of the biggest financial decisions of their lives. Whether you're building your dream home, renovating, or investing in your next property project, this conversation will help you approach the process with greater confidence, ask better questions, and avoid costly mistakes before construction even begins. EPISODE HIGHLIGHTS 02:03 – Why Builder Due Diligence Matters More Than Ever 05:37 – What Tribunal Records Can Reveal About a Builder 07:21 – Can You Predict a Builder Collapse? 09:27 – Phoenixing: The Warning Signs to Watch For 19:41 – Could Banks Help Prevent Builder Collapses? 21:27 – Renovating? The Insurance Mistakes to Avoid 24:42 – The Builder Red Flags Most People Miss 25:28 – The Insurance and Supplier Checks That Matter 28:35 – How to Read a Builder Due Diligence Report 33:11 – Why You Should Check Your Own Credit File 34:38 – Should Banks Check Builder Risk Too? 39:50 – Why the Cheapest Builder Can Cost You More 42:02 – Can More Regulation Fix the Building Industry? 45:34 – Builder Due Diligence in Plain English ABOUT THE GUEST Angus Luffman is the Founder and CEO of Trust Signal, a technology company helping Australians make more informed decisions before hiring a builder. With a career spanning more than two decades in data, credit reporting, and risk intelligence, Angus played a pivotal role in introducing Australia's first consumer credit score and has long been at the forefront of improving transparency through data. Today, Angus applies that expertise to the construction industry, bringing together information from builder licences, tribunal records, insolvency histories, insurance eligibility, and company data to help homeowners, investors, and industry professionals better understand builder risk before signing a contract. His mission is simple: empower consumers with the information they need to ask better questions, reduce uncertainty, and make smarter building decisions. CONNECT WITH ANGUS * LinkedIn | Angus Luffman [https://www.linkedin.com/in/angusluffman/] * LinkedIn | Trust Signal Builder [https://www.linkedin.com/company/trustsignalbuilder/] * Website | TrustSignal [https://trustsignal.com.au/] RESOURCES * Visit our website: https://www.theelephantintheroom.com.au [https://www.theelephantintheroom.com.au] * If you have any questions or would like to be featured on our show, contact us at: * The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au [questions@theelephantintheroom.com.au] * Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au [http://www.gooddeeds.com.au/] * Work with Veronica: https://www.veronicamorgan.com.au [http://www.veronicamorgan.com.au] * Looking for a Mortgage Broker? alcove.com.au [http://alcove.com.au] * Work with Chris: chrisbates@alcove.com.au [chrisbates@alcove.com.au] Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now! * Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast [https://www.youtube.com/@theelephantintheroom-podcast] * Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 [https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719] * Subscribe on Spotify: https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E [https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E] If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! See you on the inside, Veronica & Chris

Are You Paying for the House or the Presentation?

Most people assume property presentation is just about styling. But what if presentation is actually influencing how buyers perceive value—and what they’re willing to pay? In this episode, Veronica and Chris sit down with Peter Karaoglanis, founder of Presenting Homes Australia, to unpack the psychology behind property presentation. Peter explains why styling is only a small part of the equation and why understanding buyer behaviour, emotional decision-making, and perceived value can have a bigger impact on sale outcomes than many renovations. Together, they explore how buyers form emotional attachments to homes, why people struggle to visualise a property's potential, and the concept Peter calls "selling future memories." The conversation also tackles one of the industry's most controversial questions: where is the line between strategic presentation and "lipstick on a pig"? Peter shares his approach to cosmetic renovations, reveals the upgrades that consistently deliver the strongest return on investment, and explains why cleaning, paint, lighting, flooring, and presentation often outperform expensive structural renovations. Whether you're preparing to sell, looking to buy, or investing for the long term, this episode will change the way you think about value creation in property. Because sometimes the biggest driver of price isn't the property itself—it's how buyers experience it. EPISODE HIGHLIGHTS 01:23 – Meet the Man Behind Australia's Presentation Strategy 05:17 – Why Selling to Everyone Is a Mistake 08:41 – When Renovations Become Red Flags 14:11 – The Croydon Reno That Paid Off Big 18:21 – Why More Investors Are Selling Up 22:46 – Can Virtual Styling Fool Buyers? 23:50 – Virtual Styling vs Real Staging 24:41 – The Upgrades Investors Should Make Before Selling 26:10 – Why Buyers Struggle to See Potential 27:54 – Buyers Purchase Emotion Before Logic 29:26 – Are Agents Finally Getting Presentation Right? 30:06 – How Instagram Changed Buyer Expectations 32:08 – Does Styling Beat Market Competition? 34:00 – Peter's Three-Step Presentation Framework 35:07 – The Landscaping Upgrades Buyers Notice Most 37:13 – How Neighbourhood Appeal Impacts Value 38:30 – The Home That Became Too Good to Sell 39:55 – Final Thoughts and Listener Questions ABOUT THE GUEST Peter Karaoglanis is the founder of Presenting Homes Australia, a property presentation consultancy that helps homeowners, investors, and real estate professionals maximise property sale outcomes through strategic presentation, buyer psychology, and targeted cosmetic improvements. With a background spanning property sales, marketing, new home construction, and presentation strategy, Peter has spent decades studying how buyers perceive value and make purchasing decisions. Known for his philosophy that "styling isn't strategy," Peter focuses on helping clients improve presentation without unnecessary spending or overcapitalising. Through pre-sale audits, cosmetic renovation planning, and buyer-focused presentation strategies, he works to bridge the gap between a property's potential and how that potential is perceived in the market. CONNECT WITH PETER * LinkedIn - Peter Karaoglanis [https://www.linkedin.com/in/peter-karaoglanis-22a64390/] * Instagram - Presenting Homes Australia [https://www.instagram.com/presentinghomesaustralia/] RESOURCES * Visit our website: https://www.theelephantintheroom.com.au [https://www.theelephantintheroom.com.au] * If you have any questions or would like to be featured on our show, contact us at: * The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au [questions@theelephantintheroom.com.au] * Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au [http://www.gooddeeds.com.au/] * Work with Veronica: https://www.veronicamorgan.com.au [http://www.veronicamorgan.com.au] * Looking for a Mortgage Broker? alcove.com.au [http://alcove.com.au] * Work with Chris: chrisbates@alcove.com.au [chrisbates@alcove.com.au] Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now! * Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast [https://www.youtube.com/@theelephantintheroom-podcast] * Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 [https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719] * Subscribe on Spotify: https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E [https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E] If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! See you on the inside, Veronica & Chris

What If Australia's Housing Crisis Isn't About Housing?

Australia's housing crisis is usually framed as a simple supply problem: build more homes, increase density, and affordability will improve. But what if we've been asking the wrong question all along? In this episode, Ross Elliott joins Veronica and Chris to challenge some of the biggest assumptions underpinning Australian housing policy. From the belief that everyone works in a CBD to the idea that high-density housing is automatically cheaper, Ross argues that many of the planning principles guiding our cities are decades out of date. Instead of focusing solely on housing supply, he believes we should be asking whether we're creating places where people can actually live, work, and thrive. Together, they explore why Australia's population growth continues to concentrate in a handful of capital cities, why regional centres have been overlooked, and how decades of planning decisions have contributed to today's affordability challenges. They also unpack the unintended consequences of density-led housing strategies, infrastructure bottlenecks, planning delays, and whether recent government policies will actually increase housing supply or simply drive costs even higher. This conversation goes beyond property and politics to tackle a bigger question: what should Australian cities look like in the future? Whether you're a homeowner, investor, policymaker, or simply concerned about housing affordability, this episode offers a fresh perspective on one of the country's most important challenges. EPISODE HIGHLIGHTS 02:07 – The Biggest Myth in Australian City Planning 09:52 – Why Australia Needs More Than Capital Cities 15:19 – The Problem With Building Up Instead of Out 17:45 – Homes First, Infrastructure Later? 19:28 – What Australia's Best Communities Have in Common 22:44 – Are Investors Really to Blame? 27:09 – The Planning Bottleneck Nobody Talks About 34:11 – Running Out of Land? Not So Fast 43:16 – Brisbane's Growth Challenge Is Just Beginning 47:29 – The Hidden Cost of Apartment Living 49:48 – How Dumbo Became One of New York's Best Precincts 51:14 – What Great Cities Can Teach Australia 55:13 – Why the Best Cities Happen by Accident ABOUT THE GUEST Ross Elliott is one of Australia's leading voices on urban development, housing policy, and city planning. With almost four decades of experience spanning research, construction, development, infrastructure, and public policy, he has worked at the intersection of the industries that shape how Australian communities are built and governed. Ross is widely recognised for his contributions to urban policy and place-making, including his role as Chair of Brisbane's Better Suburbs Initiative, where he has helped drive discussions around suburban renewal, community development, and long-term city planning. Throughout his career, he has advised industry and government stakeholders on housing, infrastructure, population growth, and economic development. His work focuses on understanding how cities evolve and what is required to create communities that are not only affordable but functional, connected, and resilient. Ross brings a rare systems-level perspective to the housing conversation, examining the relationship between planning, infrastructure, jobs, demographics, and housing outcomes. CONNECT WITH ROSS * LinkedIn | Ross Elliott [https://www.linkedin.com/in/ross-elliott-576b3217/] * LinkedIn | Brisbane City Council [https://www.linkedin.com/company/brisbane-city-council/] * Website | Brisbane City Council [https://www.brisbane.qld.gov.au/] RESOURCES * Visit our website: https://www.theelephantintheroom.com.au [https://www.theelephantintheroom.com.au] * If you have any questions or would like to be featured on our show, contact us at: * The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au [questions@theelephantintheroom.com.au] * Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au [http://www.gooddeeds.com.au/] * Work with Veronica: https://www.veronicamorgan.com.au [http://www.veronicamorgan.com.au] * Looking for a Mortgage Broker? alcove.com.au [http://alcove.com.au] * Work with Chris: chrisbates@alcove.com.au [chrisbates@alcove.com.au] Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now! * Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast [https://www.youtube.com/@theelephantintheroom-podcast] * Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 [https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719] * Subscribe on Spotify: https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E [https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E] If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! See you on the inside, Veronica & Chris

When Your Property Valuation Comes In Short

What happens when a property's agreed purchase price and the bank's valuation are tens of thousands of dollars apart? More importantly, who is right? In this episode, Certified Practising Valuer and Registered Tax Agent Belinda Botzolis joins us to unpack one of the most misunderstood areas of property investing: valuation. Drawing on more than 20 years of experience and over 15,000 property valuations, Belinda explains how bank valuations actually work, why they often differ from market expectations, and why valuers are increasingly under pressure to deliver reports faster and cheaper. We explore the rise of desktop valuations, the legal responsibilities valuers carry, and why many buyers misunderstand what a valuation is truly designed to measure. We also examine the risks facing off-the-plan buyers, how developers can create misleading perceptions of value, and why some investors discover at settlement that their property is worth significantly less than they paid. Belinda shares practical insights into challenging valuations, avoiding common property mistakes, and understanding where valuation and tax decisions intersect. Along the way, we discuss land tax assessments, capital gains tax considerations, proposed tax changes, and one surprisingly common mistake that can destroy a property's value: paying for bedrooms that don't legally exist. If you've ever wondered how property value is determined—or whether you're paying too much—this episode is essential listening. EPISODE HIGHLIGHTS 01:36 - What Property Valuations Really Measure 09:56 - Why Valuers Seem Conservative 16:33 - Who Does the Valuer Actually Work For? 20:17 - The Off-The-Plan Valuation Trap 29:43 - Developer Pricing Tricks and Valuation Gaps 32:40 - The Coming CGT Valuation Rush 41:23 - Land Tax, Fake Bedrooms and Other Valuation Mistakes ABOUT THE GUEST Belinda Botzolis is a Certified Practising Valuer and Registered Tax Agent with more than 20 years of experience across residential, commercial, development, and specialised property assets. Throughout her career, she has personally valued more than 15,000 properties representing over $12 billion in property value. Known for her ability to simplify complex valuation and tax concepts, Belinda has built a reputation as one of Australia's leading voices on property valuation. She is also Australia's most followed property valuer across social media platforms, where she is helping bring greater transparency, education, and public understanding to an industry that often operates behind the scenes. Through her media appearances, content, keynote presentations, and community engagement, Belinda is reshaping how valuation knowledge is shared and helping everyday Australians make more informed property decisions. CONNECT WITH BELINDA * Website [https://addvaluer.com/] * LinkedIn [https://www.linkedin.com/in/belinda-botzolis-30010a151/] * TikTok [https://www.tiktok.com/@thevaluer] * Instagram [https://www.instagram.com/belinda.the.valuer/] RESOURCES * Visit our website: https://www.theelephantintheroom.com.au [https://www.theelephantintheroom.com.au] * If you have any questions or would like to be featured on our show, contact us at: * The Elephant in the Room Property Podcast - questions@theelephantintheroom.com.au [questions@theelephantintheroom.com.au] * Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au [http://www.gooddeeds.com.au/] * Work with Veronica: https://www.veronicamorgan.com.au [http://www.veronicamorgan.com.au] * Looking for a Mortgage Broker? alcove.com.au [http://alcove.com.au] * Work with Chris: chrisbates@alcove.com.au [chrisbates@alcove.com.au] Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word, and join us for more insightful discussions in real estate. Your journey starts now! * Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast [https://www.youtube.com/@theelephantintheroom-podcast] * Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719 [https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719] * Subscribe on Spotify: https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E [https://open.spotify.com/show/3r0nnJrLUu3t1GpO7X3j6E] If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey! See you on the inside, Veronica & Chris