{"id":25411,"date":"2019-04-26T12:45:26","date_gmt":"2019-04-26T02:45:26","guid":{"rendered":"https:\/\/realestatetalk.com.au\/?p=25313"},"modified":"2019-04-26T12:45:26","modified_gmt":"2019-04-26T02:45:26","slug":"boomers-millennial-bank-jenny-craig-sheds-dollars-not-pounds-lj-hookers-mistake-and-more","status":"publish","type":"post","link":"https:\/\/channels.realty.com.au\/realtytalk\/boomers-millennial-bank-jenny-craig-sheds-dollars-not-pounds-lj-hookers-mistake-and-more\/","title":{"rendered":"Boomers\u2019 Millennial bank + Jenny Craig sheds dollars, not pounds + LJ Hooker\u2019s mistake(?) and more!"},"content":{"rendered":"

We\u2019re back with Nicola McDougall and Kevin Turner as they discuss interesting stories in the real estate industry this week.<\/p>\n

And since we missed you over the Easter break, we\u2019re featuring some long articles and specials in the \u201cWhy Women Live Longer than Men\u201d and \u201cBuilding Stuffs Up\u201d series!<\/strong><\/p>\n

Living above your station is something most people want to do, even though it\u2019s not the wisest decision. But what if we take it literally? <\/em>To improve commute speeds, 300,000 homes may be built above London\u2019s railway tracks.<\/a><\/u><\/strong><\/p>\n

Clapham Junction, for example, remains a problem for the burgeoning population in Battersea and Wandsworth. It is the fourth busiest railway station in the UK and runs workers into London from Surrey, Sussex, Hampshire, and even Milton Keynes.<\/p>\n

A recent customer service survey gave damning results with reports of Clapham being too congested, with poor shopping options, and only one step-free entrance.<\/p>\n

A new proposal by the collaborative efforts of Homes & Property, Hawkins\\Brown, Mott MacDonald, and Laing O\u2019Rourke, maps out a dramatic overhaul of the station that mirrors the success of King\u2019s Cross. \u201cOne that could be enjoyed by local people and not act solely as a transit point for commuters.\u201d<\/p>\n

A recent report from engineers WSP also mentions that around 300,000 homes can be built above London\u2019s railway tracks. \u201cThere are challenges, of course. The building of homes must interfere with signaling or site lines. There\u2019s the issue of getting natural light into the railway station if you are building on top and around it.\u201d Mott MacDonald\u2019s Watkins says.<\/p>\n

Our second story talks about the millennial bank for mums and dads<\/a><\/u><\/strong>. In nearly every media, millennials get a bad rap about their finances and mindsets in life. But these young adults stepped in when their parents faced money troubles.<\/p>\n

32-year old Darcy\u2019s* life changed when her father died of pancreatic cancer. Her mother had a traditional relationship with her father and thus, did not have a hand in managing their money. The parents managed to buy a house in the 1980s but they still had a large chunk of the mortgage to pay off.<\/p>\n

Darcy teamed up with her siblings with a plan to help pay the mortgage. Selling the house and moving somewhere smaller or not helping their mother wasn\u2019t an option for them.<\/p>\n

Aged pension can be enough if a person lives in their own house, but it\u2019s not enough if they\u2019re paying rent.<\/p>\n

Other stories include millennials teaching their parents how to budget and manage their finances and aiding with emergency expenses like house and vehicle repairs.<\/p>\n

For our third story, we discuss the 8 year flood cycle<\/a><\/u>. <\/strong>Luxury homes in Brisbane are on the upswing after 8 years of floods. Prices and interest in prestige properties have remained strong in recent months.<\/p>\n

Brisbane River was subjected to terrible flooding in 2011, which caused widespread and devastating damage to the city\u2019s property market. Prices dropped immediately, but the city has staged a slow and steady recovery.<\/p>\n

Real estate agents report that they\u2019re receiving multiple offers on prestige waterfront homes with prices around A$4 million to A$10 million. They remain cautiously optimistic however, citing that competition was what led to the price spike.<\/p>\n

Experts say that there aren\u2019t enough prestige and good quality homes for cashed-up buyers. \u201cQuality sells,\u201d Mr. Juresic of NGU Real Estate says, \u201c…don\u2019t bother putting your house on the market unless it\u2019s in perfect condition because buyers in that price range don\u2019t want to renovate or do anything to it. Make it perfect because you\u2019ll get your money back or make dollar on top.\u201d<\/p>\n

\u201cBrisbane is an extremely liveable city at the moment. It\u2019s not a little village anymore,\u201d Juresic adds.<\/p>\n

Our fourth story deals with a viral video that we\u2019re not sure was a mistake or a marketing masterstroke.<\/a><\/u> <\/strong>\u00a0We\u2019re talking about the sexy video posted by LJ Hooker Bankstown to promote an upscale listing. The Sydney-based brokerage arranged for the production in a style resembling an R&B music video that featured a male and female model dancing and flirting with each other before disappearing in a bedroom.<\/p>\n

Social media viewers are divided in opinion with some calling the video humorous, while others called it an embarrassment or a smear in the reputation of the brokerage industry. Some viewers also noted that the female model in the house was not the same one in wedding photos hung on a wall.<\/p>\n

The video featuring the flirtatious couple had gone viral by the time LJ Hooker Bankstown removed it from the firm\u2019s website.<\/p>\n

The brokerage has then canceled the open house for the residence in light of the \u201cunforeseen circumstances.\u201d<\/p>\n

For our last story this week, we discuss how Jenny Craig has shed dollars, not pounds<\/a><\/u><\/strong> as her California Home sheds another $7 million off its listing price.<\/p>\n

\u201cThe beachfront home, located north of San Diego, has been listed twice before, according to public listing records. In 2014, Ms. Craig listed the home for $39.5 million and it was available for about 18 months. It returned to the market for the majority of 2017, asking $35 million. It’s latest price decreased occurred earlier this week.<\/p>\n

Inside the 7,625-square-foot oceanfront home are five bedrooms, six-and-a-half baths, and two guest units. The property, which sits on three-quarters of an acre of land, includes a private gated driveway, a four-car garage, a swimming pool, spa, and indoor-outdoor kitchen. Del Mar Beach is also steps away from the home\u2019s back patio.\u201d<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re back with Nicola McDougall and Kevin Turner as they discuss interesting stories in the real estate industry this week. And since we missed you over the Easter break, we\u2019re featuring some long articles and specials in the \u201cWhy Women Live Longer than Men\u201d and…<\/p>\n","protected":false},"author":176692473,"featured_media":25314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10,11,13,19,25,29],"tags":[70,131],"class_list":["post-25411","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-kevin-turner-sponsored-channels","category-kevin-update","category-latest-story","category-property-news-update","category-sponsored-channels","category-video","tag-featured","tag-videos","post_format-post-format-video"],"yoast_head":"\nBoomers\u2019 Millennial bank + Jenny Craig sheds dollars, not pounds + LJ Hooker\u2019s mistake(?) and more! - 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\/boomers-millennial-bank-jenny-craig-sheds-dollars-not-pounds-lj-hookers-mistake-and-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boomers\u2019 Millennial bank + Jenny Craig sheds dollars, not pounds + LJ Hooker\u2019s mistake(?) and more! - Realty Talk\" \/>\n<meta property=\"og:description\" content=\"We\u2019re back with Nicola McDougall and Kevin Turner as they discuss interesting stories in the real estate industry this week. 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