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May 15, 2023 31 mins

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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