Floods and rising risks – How investors can tread uncharted and uncertain waters
With the flood catastrophe across the east coast being labelled as one of the most extreme disasters in Australia’s history, here’s a survival guide on how property investors and their portfolios can weather out natural calamities.
In this episode, Smart Property Investment’s Phil Tarrant sits down with Paul Glossop, director of Pure Property Investment, to put a magnifying glass on the unfolding flood crisis across NSW and its immediate and long-term impact on rental yields, supply and demand, property values, vacancy rates, consumer sentiment, local economy, and other market dynamics.
And while there is no foolproof way to avoid natural disasters and their devastation, Paul emphasises the importance of looking at the historical trends and data to help investors minimise risks and make smarter investment decisions in the future.
The duo also touches on the rising global uncertainty and local headwinds faced by property markets while discussing which recent predictions for property values may be far-fetched and which ones are well-grounded.
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