{"id":12597,"date":"2017-07-09T03:00:25","date_gmt":"2017-07-08T17:00:25","guid":{"rendered":"http:\/\/realestatetalk.com.au\/?p=12597"},"modified":"2017-07-09T03:00:25","modified_gmt":"2017-07-08T17:00:25","slug":"what-people-will-sacrifice-to-get-a-property-bessie-hassan","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/what-people-will-sacrifice-to-get-a-property-bessie-hassan\/","title":{"rendered":"What people will sacrifice to get a property – Bessie Hassan"},"content":{"rendered":"

78% of Aussies would tolerate undesirable property and suburb features to break into the market.\u00a0 This was revealed in a study released recently.\u00a0 So, what would you put up with to get into the property market?\u00a0 You might be surprised what some people are prepared to do.\u00a0 We discuss that with Bessie Hassan<\/strong>.
\nTranscript:\u00a0<\/strong>
\nKevin:<\/b>\u00a0 As property becomes harder to get into, it\u2019s only a matter of time before people start to put aside some of their prejudices, some of the reasons why they wouldn\u2019t want to live in a certain area. That\u2019s according to some research that was done recently by Finder.com.au. From that organization, Bessie Hassan joins me.
\nBessie, I\u2019m not real surprised about this, but let\u2019s go through some of these results. Firstly, hello and welcome to the show.
\nBessie:<\/b>\u00a0 Hi, Kevin. How are you?
\nKevin:<\/b>\u00a0 Good. Not really a surprise \u2013 is it? \u2013 that people would forego some of their predetermined thoughts, I guess, things like the number 13 not being unlucky.
\nBessie:<\/b>\u00a0 Yes. The good news is that 78% of Aussies say that they are willing to compromise to an extent. We are understanding just how difficult it is to buy a property in today\u2019s market and that there really is no such thing as the perfect home, so we are willing to make some compromise there \u2013 and it can certainly go a long way, too.
\nKevin:<\/b>\u00a0 What are some of the things that they wouldn\u2019t compromise on, Bessie?
\nBessie:<\/b>\u00a0 You mentioned number 13 there. That\u2019s been deemed an acceptable issue, as is the deceased estate. People are really seeing the potential in those sorts of properties as well.But when it comes to unacceptable issues, the top one there was a bad smell. If the property itself or the suburb has a bit of a bad smell, there\u2019s a bit of a health concern associated with that, so that was the top one.
\nThat was followed by asbestos, a high crime rate, abandoned vehicles in the same street, or being located in an industrial area.
\nKevin:<\/b>\u00a0 Is it surprising that people aren\u2019t concerned about\u2026 Well, I suppose deceased estates, but a property that had a murder take place in it, did that come up in the survey at all or does that come under deceased estate?
\nBessie:<\/b>\u00a0 It came under here. We didn\u2019t specify exactly. But even then, we\u2019re noticing that the mindset is shifting. I\u2019m not suggesting that someone goes to actively seek a property with asbestos or anything like that, but if you are serious about breaking in, you are going to have to look past some issues, certainly.
\nKevin:<\/b>\u00a0 Here is a really interesting one, I think, for anyone who is looking at putting their property on the market: a street that contains abandoned cars, trailers, or boats.There\u2019s nothing worse than driving down the street and seeing this all on the footpath and so on. It\u2019s a big turnoff for buyers.
\nBessie:<\/b>\u00a0 Yes, it can take up valuable parking space as well, and it can be a sign of crime in the area \u2013 something that people don\u2019t really want to fit into. They don\u2019t want to live in that sort of community.
\nBut I have personal experience with this. I actually had to compromise on three of those supposed deal-breakers. I live in an industrial area. We have a red bus that appears and disappears from time to time; nobody knows who owns this red bus. And also, our rear extension was completely asbestos. We had to get rid of that safely, as well. And it turned out to be more affordable than we were expecting as well.
\nWhile these aren\u2019t things that you wish for or are actively looking for, you need to decide if they really are deal-breakers or really just flaws that can be looked past.
\nKevin:<\/b>\u00a0 What about things like fast-food outlets? Did that come up at all?
\nBessie:<\/b>\u00a0 It sure did. That was actually deemed an acceptable issue.We asked people if they\u2019d mind living within two kilometers to a fast-food chain. It seems that people do not mind at all. They don\u2019t mind that late night McMackersrun for a thick shake.
\nKevin:<\/b>Bessie, what about male and female? Were there many differences between the sexes?
\nBessie:<\/b>\u00a0 There were a few. It seems that overall, men are more willing to put up with anything just to get on the property ladder. Women were more willing to put up with pets fur. We did ask people about whether evidence of pets would turn them off. It seems that women are more likely to put up with that. Men are more likely to tolerate things like brothels, high crime areas, and deceased estates.
\nKevin:<\/b>Interesting. What about state by state? Were you able to relate at all to any kind of affordability study?
\nBessie:<\/b>\u00a0 South Australians are the most desperate to get into the property market, so they told us that they\u2019d put up with just about anything to get onto the ladder, and that was followed by Sydneysiders, perhaps unsurprisingly there. Queensland is the least likely to put up with a lack of suburb trendiness, it seems. Only 42% are willing to do so. Also, South Australians are the most tolerant of asbestos in the walls and ceilings.
\nSo, there were some differences between the states, definitely.
\nKevin:<\/b>\u00a0 Bessie, before I let you go, were there any people in the survey who said that they\u2019d be willing to accept all of the above just to get into the market?
\nBessie:<\/b>\u00a0 There were, indeed. Nine percent of property hunters tell us that they\u2019d be happy to put up with all of these things just to have their chance at home ownership.
\nKevin:<\/b>\u00a0 Wow.And we can probably expect that to grow, I would think, Bessie.
\nBessie:<\/b>\u00a0 Yes, absolutely. I think it\u2019s a sign of things to come.
\nKevin:<\/b>\u00a0 Bessie Hassan from Finder.com.au.Thank you so much for your time, Bessie.
\nBessie:<\/b>\u00a0 Thanks so much, Kevin.
\n 
\n <\/p>\n","protected":false},"excerpt":{"rendered":"

78% of Aussies would tolerate undesirable property and suburb features to break into the market.\u00a0 This was revealed in a study released recently.\u00a0 So, what would you put up with to get into the property market?\u00a0 You might be surprised what some people are prepared…<\/p>\n","protected":false},"author":176692471,"featured_media":14908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32,10,11,13,22,25],"tags":[70,101],"class_list":["post-12597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying-a-property-topic","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-research-topic","category-sponsored-channels","tag-featured","tag-podcast"],"yoast_head":"\nWhat people will sacrifice to get a property - Bessie Hassan - Realty Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/channels.realty.com.au\/realtytalk\/what-people-will-sacrifice-to-get-a-property-bessie-hassan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What people will sacrifice to get a property - 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