Hello and welcome to The Room Xchange podcast. I’m Ludwina Dautovic and today I’m talking to Peter Schravemade. Peter is an international educator and speaker in the area of Property, Construction and Development Marketing. He’s on the board of Proptech Association of Australia (of which I’m a member). He’s also a managing partner of Reach Australia, a venture capital and private equity firm accelerating the top growth companies into the global real estate industry.
In episode #22, Ludwina Dautovic and Peter Shravemade talk about the archaic rental application process in Australia and the difficulties of applying for a rental property when living interstate.
00:58.14 - Peter Schravemade's background in the property industry
02:25.70 - Current state of the rental market
03:59.34 - Challenges in addressing housing affordability and shortage
04:27.91 - The need for an overarching solution
05:02.73 - Discussion about the broken rental market
06:32.46 - Peter's personal experience helping his daughter find a rental property
08:04.84 - Property inspections and application process
09:02.49 - Stringent financial scrutiny for rental applications
10:13.10 - Various application processes and their complexities
11:43.80 - Property inspections and overcrowding issues
12:36.90 - Mistake in lease duration and missed opportunity
13:27.73 - Frustration and anger over the costly experience
14:42.63 - Expenses incurred and the unfeasible nature of the process
15:10.88 - Conclusion and reflection on the rental process
16:06.60 - The Challenges of the Rental Application Process
16:47.68 - Difficulty in Finding Short-Term Rentals
17:01.58 - Overwhelming Experience of Renting and Lack of Six-Month Rental, lack of Transparency in Lease Requirements and Strain on Property Managers and Market Readiness
18:06.17 - Need for Clear Expectations in Lease Duration, Challenges of Renting from Interstate, International Students and Language Barriers
19:05.97 - Difficulty for International Students in Understanding Regulations
20:00.50 - Frustration with Inability to Secure Rental Accommodation
21:11.74 - Challenges Faced by Self-Manage Landlords
21:55.11 - The Need for Change in the Rental Process
22:27.20 - Excessive Financial Investigation of Tenants
23:59.23 - Concerns About Privacy and Data Security
24:35.11 - Requesting Deletion of Personal Data from Providers
25:13.50 - Importance of Cybersecurity and Data Protection
26:13.34 - Alternative Housing Options for University Students
26:24.73 - Understanding the Property Managers' Perspective
27:02.81 - Overregulation and Complex Application Process
28:22.19 - Centralised Application System and Potential Issues
29:23.38 - Lack of Landlord Influence in the Rental Process
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