Why The Wrong Investment Strategy Will Hurt You In 2018
If only we could just throw a stone and buy the property it landed on – and still make money! After all, that’s what you could have done in Sydney and Melbourne in 2012 to 2016.
You could virtually buy any property in 2012 in Sydney or Melbourne and have made at least $250,000 or more by 2016!
However, in 2018, things have changed (as they always do).
APRA has tightened lending regulations
Investment from China has dried up to a trickle… at least, compared to what it once was.
And speculators are being forced out of the market.
So if you want to make money investing in property in the next few years, you can’t just copy what people you know have done in the last few years.
That’s a recipe for disaster.
Sydney prices are reversing in many suburbs. Melbourne growth rates are slowing.
And we still haven’t seen the full impact of the apartment oversupply.
Oh and rates haven’t risen… yet!
So what do you do?
Well, many will tell you that the market is about to crash!
Umm… how can I put this politely?
I do NOT believe there will be a property market crash.
So that means there are still investment opportunities out there – in the property market.
You just need to be more strategic.
And that’s exactly what I talk about in this video
Check it out and let me know your thoughts.
September 17, 2020
September 8, 2020