Should You Wait to Buy a Property During Economic Turmoil?

As a first home buyer in Australia, you may have been watching
changes in the economy around the world unfold with trepidation,
wondering whether now is the right time to enter the property
market.


Join us in today's episode as we explore the potential impacts of
the global economic situation on the Australian property market.
While rising living costs and a rental crisis make buying a home
an attractive option, the prospect of rising interest rates and
rumours of a recession can also be intimidating. So, what should
you do?


We're here to give you the lowdown on the property market,
whether you're ready to take the plunge or still weighing your
options on your first property purchase. It is our goal to help
you retain a long term perspective while making your choices with
the utmost confidence. Let’s get started!


Episode Highlights:


00:00 - What does economic doom and gloom mean for first home
buyers?


02:15 - Meighan’s unique house of the week


03:11 - Lessons from the past: How major events shaped today's
property market


07:06 - The surprising patterns about market catastrophe and
property prices


11:15 - The cyclical nature of the real estate market


13:32 -  Lessons we can learn from the failure of real
estate in mining towns


15:47 - Making sound property investment decisions for the long
term


20:54 - Revealing the secret to making gains in a downturned
property market


Resources:


Visit our website https://www.homebuyeracademy.com.au/

Learn how to buy property without making a mistake with our
10-step online course for first time home buyers
https://homebuyeracademy.com.au/YFHBG

If you have any questions or would like to be featured on our
show, contact us at: Your First Home Buyer Guide Podcast -
support@homebuyeracademy.com.au

Looking for a Sydney Buyers Agent?
https://www.gooddeeds.com.au

Work with Veronica: https://www.veronicamorgan.com.au

Looking for a Brisbane Buyers Agent?
https://www.propertypursuit.com.au/

Work with Meighan: https://www.linkedin.com/in/meighanwells/



If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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