Property market fact v fiction
Emotions are often extremely influential in making crucial financial decisions, but according to Simon Pressley, head of research at Propertyology, it’s in an investor’s best interest to simply stick to the facts.
Simon joins host Phil Tarrant on this episode of The Smart Property Investment Show to respond to current data that demonstrates the incongruencies between perceptions and reality in the property market.
He outlines why the average amount of aged pension might be a motivating factor for entering into the market, compares the rate of capital growth in regional and metropolitan cities, and addresses the myth that mass population growth equates to property price increases.
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AREAS MENTIONED
Mildura
Port Hedland
Geelong
Bendigo
Margaret River
Busselton
Wangaratta
Maitland
Cessnock
Bellingen
Coffs Harbour
Armadale
Badgerys Creek
South Yarra
Richmond
St Kilda
Parkville
Burnie
Blacktown
Balmain
Leichhardt
Parramatta