Op-Ed: The problem and solution to the rental crisis.
Kevin Young, founder of Property Club says the only solution to resolving the rental crisis quickly is for the Federal Government to immediately reverse two policy decisions that are crippling the private sector rental market. An additional $44 billion per year is being imposed on renters throughout…
Are mum and dad investors ‘a threatened species’?
Kevin Young, president of Property Club, stated that Australia’s rental crisis would only be fixed if governments stopped attacking mum and dad investors and instead incentivised them to enter the real estate market. Acknowledging his own 50-plus years of property investment experience, Mr Young is…
SELECT COMMITTEE ON THE COST OF LIVING
__YOUNG, Mr Kevin, President, Property Club __ CHAIR: I welcome representatives from the Real Estate Institute of Western Australia and the Property Club. Thank you both very much for taking time to speak to the committee today. Information on parliamentary privilege and the protection of witnesses…
Bring back mum and dad investors
The Courier Mail: Des Houghton Rental housing shortages are a direct result of unnecessary state and federal government interference in the market, says a Queenslander described as Australia's most successful property investor. And Kevin Young believes the crisis could be solved quickly and simply…
Kevin Young Speech
The Property Club members are mum and dad investors from throughout Australia and I am here today to give them a voice on how we can solve the cost of the rental crisis in Australia. The cost-of-living crisis in Australia has been worsened by the rental crisis and surging rents. For example, the…
How To Fix The Rental Crisis
The historic rental crisis gripping Australia can be solved in 24 hours according to one of Australia’s most successful property investors. President of Property Club Australia’s largest property investment membership group, Kevin Young, said it needs to be a two-fold process. “Firstly we have to…
RBA Interest Rate Rises Deliver Banks $88 Billion Income Bonanza
The twelve interest rate rises by the RBA since May last year have collectively boosted the income of the banks by $88 billion accourding to Kevin Young, President of the Property Club, Australia's largest independent property club. Mr Young said that Australians hold over $2.2 Trillion in home loan…
How The RBA Wiped Out 35,000 Rental Properties
Rising interest rates have helped to worsen Australia’s rental crisis, with a new study showing that the 11 interest rate rises imposed by the RBA from May 2022 to May 2023 resulted in 35,000 fewer rental properties coming onto the market due to a big fall in lending to property investors. The study…
The Future of Affordable Rentals in Australia: A Call to Action for the Federal Budget
The upcoming Federal Budget is a crucial opportunity for the Australian government to tackle the ongoing rental crisis and provide much-needed relief for millions of Australians struggling with skyrocketing rental costs. Here are some key steps that the government can take to help alleviate this…
The Hidden Costs of RBA's Interest Rate Hike: How It Harms Lower-Income Australians and What We Can Do Instead
The recent announcement by the Reserve Bank of Australia to increase interest rates following the release of the latest inflation figures for March 2023 has left me troubled. As the President of Australia’s largest independent property investment group, I firmly believe that the fall in inflation…