The 6 Big Factors That Will Affect The Property Market In 2024 And Why You Need To Start Planning Now So You Don’t Miss Out! - Part 2 | #253

30/04/2024 47 min Temporada 1 Episodio 253
The 6 Big Factors That Will Affect The Property Market In 2024 And Why You Need To Start Planning Now So You Don’t Miss Out! - Part 2 | #253

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Episode Synopsis

Here’s a truth bomb:  From 2020 to 2022, the cost of living in Australia has skyrocketed. With the government putting $240 billion into the economy each year, household expenses have been on a continuous rise. At this rate, living costs could go up even further by 18-20% for a family of four. But it’s not just household expenses going up. With more money going around, property prices are getting pushed upwards, too.  In fact, some properties are already selling for much more than advertised due to high demand and not enough supply. This is squeezing more and more people out of the property market. So, if you’ve got the means to take advantage of this perfect storm while we’re in it, you better take quick action. If you do, then you could be in for a very good year of investing in property. So stay informed, have a plan, and seek expert advice to make the most of what is shaping up to be a record-breaking year for property growth. If you love this episode, email us at [email protected], and don’t forget to subscribe, rate, and share this podcast!  See you on the inside!    In this episode, we cover: 00:00 Coming Up 06:21 The Impact of Inflation on Investor Sentiment and the Property Market 09:25 Property Market Expansion, Affordability, and Crypto's Role 13:32 Crypto vs. Property Investment in Australia 19:32 Natural Disasters: A Force on Property Markets and Insurance Costs 23:08 Mitigating Risks in Real Estate Investing 27:05 Key Factors Shaping Property Market Growth 31:32 Navigating Property Investment Challenges 36:37 Strategies for Growing Your Property Portfolio 40:52 Renting vs. Owning   Connect With Us: Free Rentvesting Calculator (https://dashdot.com.au/rentvesting)  Subscribe on Youtube (https://www.youtube.com/@dashdotinsider)  Listen on Spotify (https://spoti.fi/3Np19x8) Dashdot Website (https://www.dashdot.com.au/) Ready to work with us directly? (https://dashdot.com.au/discovery) Get your Property Portfolio Growth Plan (https://dashdot.com.au/portfoliogrowthplan) See omnystudio.com/listener for privacy information.

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