29 Nov Queensland Gov’t stings tenants + Donald Trump could buy Australia + Time has run out for timeshare and more!
Kieran Clair joins Kevin Turner in this week’s episode of Property News Update. Director at Bricks & Mortar Media, Kieran is also an experienced journalist, editor, and communications professional.
Tune in as they discuss the following property stories:
- Queensland government stings tenants. Proposed changes to Queensland’s tenancy laws may slash thousands of jobs and cost renters more than $5000 a year. Propertyology head of research Simon Pressley says tenants may be faced with extreme household budget pressure sooner rather than later.
- Donald Trump could buy Australia. Now that the funds originally intended to purchase Greenland from Denmark have been freed up, Donald Trump needs to find something to do with the extra cash. Given Trump’s real estate proclivities, can he look farther afield and make an offer to buy Australia?
- Getting rich is like playing snakes and ladders. Christchurch based entrepreneur says he made his first $1 million without realising it. A $1500 investment to start his business in 1990 rolled into $15 million 14 years later.
- Time has run out for timeshare. It may have been a great investment and an appealing holiday destination once, but the idea of paying rising levies on an ageing resort facility that your friends and family no longer visit has lost its appeal. So when developers start showing interest in the resort’s land, selling out starts to look like a smart option.
- Queensland’s hottest house. For the first time in three lifetimes, QLD’s hottest house has been listed. It’s overgrown with weeds and needs some serious restoration, but 300 people turned up for its first open home.