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Property values fluctuate for a variety of reasons, from economic recessions to rising interest rates. It is important to understand the factors that can cause these fluctuations so that property owners can make informed decisions about their investments.
The most common cause of property value fluctuations is an economic recession. When the economy enters a recession, people tend to be more cautious with their spending, which can lead to a decrease in property values. This is why it is important to stay informed about economic trends and to be prepared for any potential downturns.
In this week’s episode we talk about are we in a property recession? We discuss factors such as falling property values, rising interest rates, and economic recession and decipher whether these factors indicate a recession or would be better interpreted in isolation. So stick around and get the information you need to make the right decisions with your property development, you won’t want to miss this week’s episode!
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For more information about our investment opportunity, email: admin@propertymastermind.com.au
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Episode Highlights:
- Are we in a property recession? [01:47]
- Have properties gone down in value? [06:21]
- Has there been any changes with property rentals? [10:33]
- The importance of knowing your market [16:08]
- Has there been change with construction? [19:20]
- How has the availability of materials affected property development? [22:06]
- Should you ask construction how many projects they have worked on? [24:14]
- Would there be an impact for no stamp duty or no land tax? [31:40]