Listen "14 | Should You Buy During a Boom and Are We in a Property Bubble?!"
Episode Synopsis
There’s no denying that Sydney and Melbourne are in a boom right now…But what does that mean for the everyday investor?Here’s the deal: We’re exploring WHAT you should be considering if you’re thinking of jumping into these heated markets…WHY having the fundamentals of property selection is important during this time and discussing the Australian Prudential Regulation Authority’s (APRA) new changes to lending policies that seriously affect pre-approvals for investors!!In fact, we’re answering if you should even be investing at all during a boom – After all, how do you know the market hasn’t already peaked? We’ll also be sharing our strategy for dealing with booming markets! (Check out our episode on buying counter-cyclical as part of this!)And remember folks…It’s not a bubble, it’s a balloon!You heard it here first!! Now that we’ve verbally trademarked it (Yep, that’s 100% legitimate )…what do we mean?Well, you’ll have to tune in to find out!All we’re saying, for now, is that Sydney’s currently in a property balloon…Listen in now! Free Stuff Mentioned: Just starting your property investing journey? Check out our FREE Binge Guide to the Foundations of Property, Finance and Money Management, which show you which episodes you need to understand the basics! Or fill in the form below and we’ll email it to you right away! Watch Ben’s Commentary on RBA’s releaseShould you be a Borderless InvestorHow To Spot A Property Spruiker?Renovation does not equal RichesTop 10 Suburbs in Sydney in 2003 and what happened to them in 2007?LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS:- How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube
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