Have you ever wondered how property markets really work? Or did you know that there are many layers to peel back and explore to know what truly makes a ‘market’ in the property realm? Well, there is and we are here to give you the scoop!
Macroeconomic factors such as interest rates, inflation, and government interventions all can affect property values. It’s also important to be ‘street smart’ when it comes to trends and using data to decode market dynamics.
In this week’s episode, Bob and Hilary talk about how to make money in property development when the market is going up, down or sideways. They delve into the intricate world of property markets, dissecting the multifaceted layers that define them. They also expand on the impact of macroeconomic factors like interest rates, inflation, and government interventions on property values.
Join us as we explore the art of predicting trends and understanding market shifts in the ever-evolving world of property development!
Episode Highlights:
- Bob’s tip of the week [01:46]
- What are property markets? [04:50]
- What is the biggest impact? [07:09]
- Why were people not prepared to buy? [20:49]
- Data is your best friend [22:29]
- How is data useful in helping you? [27:27]
- For those developing right now, how does overseas migration affect that? [32:00]
- Summary [36:21]
