Our real estate markets have surprised many on the upside this year– especially considering high interest rate environment, but what lies ahead for our real estate markets now?
That’s what we discuss in today’s show
Looking back at how previous property cycles played out, I delved back into my memory to see what lessons I could learn from past property cycles I realised that I’ve probably learned more from the many mistakes I’ve made than from the things I got right.
Now there’s a powerful lesson in itself!
Anyway…in today’s show, I share 4 key lessons I wish I’d learned earlier in my investment journey about property cycles.
Takeaways
- Understanding property cycles is crucial for investors.
- The current property cycle began in 2023 and is still evolving.
- Market sentiment often misguides investors about property cycles.
- Quality properties outperform cheaper ones in the long run.
- Different property segments react differently to market changes.
- Allow for unforeseen events, or 'X factors', in investment planning.
- Investors should focus on long-term strategies rather than short-term gains.
- Investors should be cautious of crowd psychology in property markets.
- Planning is essential for successful property investment.
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
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