What Drives Property Prices Up (or Down)?

In a booming property market, people often think that prices will
always go up - but that’s not really the case. Prices could
actually go down despite the boom!


The property market is all about supply and demand, so if there
are heaps of buyers and not enough properties on the market,
prices will rise, and vice-versa. Today, we’re going to look at
what factors drive property prices up and what makes them fall.


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with others! We have loads of resources available and if you’d
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We are also holding a live Where to Buy Workshop - Investor
Edition on Wednesday, Nov 24, 2021, 7-9PM AEDT (6-8PM Brisbane
time)! If you want to join us, check out the link
here!


Let’s dive in!


 


Episode Highlights:
“The Floating House” in Seattle, Washington
[03:40] What influences supply in property?
[06:08]

The problem with having low supply in rising property markets
[08:48]

Financial stress & desirable yet tightly-held locations
[10:11]

Unpacking demand in the context of property
[11:36]

One powerful factor that affects demand in property
[12:35] 

How does F.O.M.O. contribute to demand in property?
[13:48]

Markets can overstretch themselves & vendors can get
greedy [16:29]

Home buyers CAN get decision fatigue!
[18:31]

Prudential regulations have a HUGE impact on demand
[20:54]

Supply and demand creates market conditions
[24:52] Why do different cities perform
differently at the same time? [27:27] Appreciation
of land & depreciation of buildings [29:05]

 


Links from the Show:


What Could Make Property Prices Slow Down?

Where Should You Invest? 



 


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