1
00:00:00,280 --> 00:00:04,880
Speaker 1: Selling Houses Australia is back for another season. Andrew Winter

2
00:00:05,040 --> 00:00:05,520
Speaker 1: is with us.

3
00:00:05,559 --> 00:00:07,840
Speaker 2: Hello, Hello, how are you?

4
00:00:07,920 --> 00:00:10,280
Speaker 1: I can't believe it's season fifteen?

5
00:00:10,840 --> 00:00:12,719
Speaker 2: I know, can you believe it? No?

6
00:00:12,880 --> 00:00:15,160
Speaker 3: I don't want to bribe that I had to pay

7
00:00:15,200 --> 00:00:16,280
Speaker 3: to get them to go again.

8
00:00:18,440 --> 00:00:22,000
Speaker 1: Well, it's what everyone is talking about, Andrew, rising interest rates.

9
00:00:22,000 --> 00:00:25,040
Speaker 1: So in this time of rising interest rates, falling real

10
00:00:25,120 --> 00:00:27,720
Speaker 1: estate values, although not so much here in wa and

11
00:00:27,800 --> 00:00:31,520
Speaker 1: financially strapped homeowners, it's a very important season for the

12
00:00:31,520 --> 00:00:32,920
Speaker 1: show and for people who want to watch.

13
00:00:33,640 --> 00:00:36,560
Speaker 2: Yes, and where is anybody to watch last season? Where

14
00:00:36,600 --> 00:00:38,920
Speaker 2: you go? If we do really well, we might be

15
00:00:38,920 --> 00:00:40,400
Speaker 2: able to get nine hundred to a million and then

16
00:00:40,440 --> 00:00:42,560
Speaker 2: theyselve within two days.

17
00:00:43,000 --> 00:00:48,400
Speaker 4: Yeah, it's not like that changes so quickly. It does change, correct, But.

18
00:00:48,400 --> 00:00:50,760
Speaker 2: It does because when this season was shot, which actually

19
00:00:50,760 --> 00:00:52,920
Speaker 2: isn't that long ago, it was a very different market

20
00:00:52,920 --> 00:00:53,840
Speaker 2: of what it is now.

21
00:00:54,520 --> 00:00:55,480
Speaker 4: It turns very quickly.

22
00:00:56,280 --> 00:00:58,600
Speaker 2: And let's put it this way, it's not all happy endings.

23
00:00:58,880 --> 00:01:00,000
Speaker 4: No, that's right, Andrew.

24
00:01:00,360 --> 00:01:02,200
Speaker 5: What we're saying over here at the moment in person,

25
00:01:02,480 --> 00:01:04,520
Speaker 5: I'm sure around the country is people waiting three or

26
00:01:04,520 --> 00:01:06,720
Speaker 5: four years for their builds to be finished, which is said,

27
00:01:06,720 --> 00:01:09,039
Speaker 5: but even charities at Lisa and I have noticed they're

28
00:01:09,040 --> 00:01:11,000
Speaker 5: buying ready made homes as opposed to building them for

29
00:01:11,040 --> 00:01:11,920
Speaker 5: their refel drawers.

30
00:01:12,120 --> 00:01:13,320
Speaker 3: Yeah, and this is a problem.

31
00:01:13,319 --> 00:01:16,600
Speaker 2: There's a whole you know, everybody's got a lot of

32
00:01:16,640 --> 00:01:19,120
Speaker 2: people aren't building at the moment. That's putting pressure on

33
00:01:19,160 --> 00:01:22,560
Speaker 2: stop levels, aren't listing their home at the moment, or

34
00:01:22,840 --> 00:01:24,760
Speaker 2: maybe they're words they can't find someone to rent, or

35
00:01:24,760 --> 00:01:28,119
Speaker 2: I can't find somewhere to buy. So it's there's generally

36
00:01:28,200 --> 00:01:30,480
Speaker 2: a lot less on the market, which is partly why

37
00:01:30,480 --> 00:01:33,960
Speaker 2: the prices haven't crumbled, because they can't there's not enough stops.

38
00:01:33,959 --> 00:01:36,920
Speaker 2: Although there's less people looking, how is it for them

39
00:01:36,959 --> 00:01:39,720
Speaker 2: to find to make It's still really a little bit

40
00:01:39,760 --> 00:01:42,560
Speaker 2: of Aller's market, which I don't think any of us

41
00:01:42,640 --> 00:01:43,959
Speaker 2: really expected to be on it.

42
00:01:44,240 --> 00:01:46,360
Speaker 1: No, so where do you see the market heading over

43
00:01:46,400 --> 00:01:47,520
Speaker 1: the next twelve months.

44
00:01:47,640 --> 00:01:51,600
Speaker 2: Oh, it's all going to crash, mister doom.

45
00:01:51,840 --> 00:01:56,240
Speaker 4: I must be due to sell, mister doom.

46
00:01:56,520 --> 00:02:00,360
Speaker 2: Yeah, No, absolutely no, it's all down good old fashioned

47
00:02:00,360 --> 00:02:03,280
Speaker 2: old supply and demand. Just thinking is the old mortgage

48
00:02:03,320 --> 00:02:05,520
Speaker 2: cliff that we're all worried about. People coming off fixed

49
00:02:05,600 --> 00:02:09,280
Speaker 2: rates and their homeowned. Rocketing has already happened to most people,

50
00:02:09,280 --> 00:02:11,960
Speaker 2: to be quite honest. Yea, the difference with this, and

51
00:02:12,040 --> 00:02:16,200
Speaker 2: I've seen this happen over many decades because I'm that old. Normally,

52
00:02:16,240 --> 00:02:18,680
Speaker 2: when we have these sort of scenarios and rates start rocketing,

53
00:02:18,840 --> 00:02:21,799
Speaker 2: we don't get an awful lot of warning. We had

54
00:02:21,840 --> 00:02:24,440
Speaker 2: an awful lot of warning. We all knew rapes were

55
00:02:24,760 --> 00:02:29,320
Speaker 2: insanely lowe. Lenders already sort of taking that into account

56
00:02:29,320 --> 00:02:32,320
Speaker 2: with some of their lending criteria, and sensible buyers were going.

57
00:02:32,480 --> 00:02:34,839
Speaker 2: The bank says, I can have eight hundred, I'll take

58
00:02:35,040 --> 00:02:36,480
Speaker 2: seven just in case.

59
00:02:36,720 --> 00:02:40,480
Speaker 1: Yeah, you know when they're almost zero that you know

60
00:02:40,520 --> 00:02:42,760
Speaker 1: you don't have to be told that the only way

61
00:02:42,800 --> 00:02:43,040
Speaker 1: is up.

62
00:02:44,560 --> 00:02:47,360
Speaker 2: Correct. Yeah, there's all sorts of starting. A lot of

63
00:02:47,360 --> 00:02:50,679
Speaker 2: people were making extra payments that the mortgage debt the

64
00:02:50,720 --> 00:02:52,760
Speaker 2: people in a rear at the moment is tiny. It's

65
00:02:52,840 --> 00:02:57,120
Speaker 2: lower than ever. Yeah, that may change, obviously, that may change.

66
00:02:57,120 --> 00:02:58,880
Speaker 2: It starts about and also I think when people had

67
00:02:58,919 --> 00:03:02,040
Speaker 2: warning the family get the third job, they rent out

68
00:03:02,040 --> 00:03:05,200
Speaker 2: a spare room, they find they maybe they can't sadly

69
00:03:05,240 --> 00:03:07,640
Speaker 2: they can't an overseas trip or something like that. That

70
00:03:07,760 --> 00:03:09,800
Speaker 2: there seems to be when you've got a bit of warning,

71
00:03:09,880 --> 00:03:12,680
Speaker 2: you can even if it's really tough, you can sort

72
00:03:12,680 --> 00:03:15,320
Speaker 2: of start to make provisions. And whereas in the past

73
00:03:15,360 --> 00:03:17,480
Speaker 2: we've had these sort of scenarios, and to be quite honest,

74
00:03:17,560 --> 00:03:20,359
Speaker 2: they have literally come without any warning.

75
00:03:20,520 --> 00:03:23,320
Speaker 5: It's no time to work up a buffer. Excuse me,

76
00:03:23,320 --> 00:03:25,079
Speaker 5: Andrew with the show man, I mean, over the years,

77
00:03:25,120 --> 00:03:27,960
Speaker 5: let's be honest, you've been brutally honest with these homeowners

78
00:03:27,960 --> 00:03:29,919
Speaker 5: and at times there have been some tears before bedtime.

79
00:03:30,440 --> 00:03:33,359
Speaker 5: By season fifteen, have you softened with the homeowners? Oh?

80
00:03:33,440 --> 00:03:34,040
Speaker 4: I don't know.

81
00:03:34,200 --> 00:03:38,360
Speaker 2: I'm a little bit. Not much depends what production tells

82
00:03:38,360 --> 00:03:40,160
Speaker 2: me sees this day, right, Andrew wanted to go in

83
00:03:40,240 --> 00:03:42,880
Speaker 2: half Okay, to soften up a bit.

84
00:03:43,080 --> 00:03:43,920
Speaker 4: It's tough love.

85
00:03:44,600 --> 00:03:45,800
Speaker 2: I'm going to blame it on them.

86
00:03:45,960 --> 00:03:47,960
Speaker 4: Yeah yeah, yeah, Well Dan handle that one.

87
00:03:48,080 --> 00:03:50,760
Speaker 1: It's no good being, you know, sort.

88
00:03:50,520 --> 00:03:52,320
Speaker 4: Of lied to doesn't help them.

89
00:03:52,360 --> 00:03:56,000
Speaker 2: No, no, no, exactly. And I'm always you know, that's

90
00:03:56,240 --> 00:03:58,320
Speaker 2: that's the whole point of it. I always want to

91
00:03:58,320 --> 00:04:00,760
Speaker 2: be honest with the home because you know, you've just

92
00:04:00,920 --> 00:04:02,040
Speaker 2: that's the way it's got to be.

93
00:04:02,800 --> 00:04:05,680
Speaker 1: So that's the way we try don't do what we

94
00:04:05,760 --> 00:04:08,000
Speaker 1: see any Perth properties this season.

95
00:04:08,440 --> 00:04:11,440
Speaker 2: I don't think the season we've just shot, no, because you,

96
00:04:12,040 --> 00:04:18,080
Speaker 2: thank you, you are about we are about to shoot

97
00:04:18,120 --> 00:04:22,320
Speaker 2: another season, So me over to see the old Swan

98
00:04:22,400 --> 00:04:26,480
Speaker 2: River again. You never know and you let people in

99
00:04:26,520 --> 00:04:27,000
Speaker 2: and everything.

100
00:04:27,040 --> 00:04:30,560
Speaker 4: Now, yes we do, we do. Isn't it good stuff?

101
00:04:31,040 --> 00:04:35,120
Speaker 4: Houses wise, great Wall of Western Australia great is gone.

102
00:04:35,920 --> 00:04:38,400
Speaker 2: Yes, but you know that there's I mean, don't tell

103
00:04:38,440 --> 00:04:40,560
Speaker 2: the rest of Australia this, but I have a little

104
00:04:40,600 --> 00:04:43,480
Speaker 2: bit of a bustle w a because of the next

105
00:04:43,520 --> 00:04:46,240
Speaker 2: brit real estate agent. For many years. I do love

106
00:04:46,320 --> 00:04:47,200
Speaker 2: my double.

107
00:04:46,920 --> 00:04:51,640
Speaker 4: Brick ye, yes, yes, of course the don't.

108
00:04:52,360 --> 00:04:54,800
Speaker 2: Yeah, you you don't build your houses out of match

109
00:04:54,800 --> 00:04:55,760
Speaker 2: sticks and paper.

110
00:04:55,560 --> 00:05:00,200
Speaker 3: Like that when you come to do renovations, it is

111
00:05:00,279 --> 00:05:02,840
Speaker 3: I him, it's the nightmare.

112
00:05:03,400 --> 00:05:05,440
Speaker 4: Yeah, and in a good slow gamma.

113
00:05:06,040 --> 00:05:08,080
Speaker 2: Yeah, because that's one thing I really approve of.

114
00:05:09,120 --> 00:05:15,200
Speaker 1: Season fifteen locked in and season sixteen also sounding guarantee.

115
00:05:15,320 --> 00:05:18,560
Speaker 1: So we look forward to continuing to watching Selling Houses

116
00:05:18,640 --> 00:05:19,880
Speaker 1: Australia Andrew.

117
00:05:19,640 --> 00:05:22,560
Speaker 4: Then more of that every winter sense of humor ma relation.

118
00:05:22,680 --> 00:05:23,680
Speaker 1: Yeah, I don't soften.

119
00:05:24,600 --> 00:05:25,400
Speaker 2: It's all scripted.

120
00:05:26,360 --> 00:05:28,600
Speaker 1: Thank you so much, Andrew, thanks