Wondering what’s ahead for Sydney property in 2019?
It is fair to say that many property investors experienced a crisis of confidence in 2018, especially if they were Sydney siders.
We saw changes in finance with much tighter lending conditions effecting the ability to borrow.
These tight lending conditions led to an orchestrated downturn in the Sydney property market and a transition to a new stage of the property cycle.
And consumer confidence is now at an all time low with most investors choosing to simply wait to see what happens over the next 6-12 months.
Throw in the Banking Royal Commission, an upcoming election with some interesting implications as well as relentless media who love their sensationalist headlines and it is no wonder that market sentiment is as low as it is.
The average Australian is fearful.
Do I need to remind you of the famous Jim Rohn quote? “Be fearful when others are greedy, be greedy when others are fearful.”
In this video, I discuss the following:
- The outlook for the Sydney market in 2019
- Current state of finance, property and market sentiment
- Top criteria when purchasing a property in 2019
- Top investment strategies for 2019
- The biggest mistake I have made in property
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