Rachelle's book, The Quick-Start Guide to Your First Property: https://amzn.to/4svhyoH
John's book, Sort Your Property Out & Build Your Future: https://amzn.to/45l7n9M
A Sydney suburb has made headlines falling nearly $600,000 in a year according to the AFR. In this episode John chats with Vince Scully from Life Sherpa to unpack the data and context that isn't mentioned, leading into a wider chat about boom and busts cycles. They touch on:
👉🏼 what the headline doesn't tell us about the Sydney suburb that fell
👉🏽 understanding that there are markets within markets
👉🏾 what happens to property during a downturn?
👉🏿 is the 18.6 year cycle theory legit?
👉🏻 was it easier or harder to buy a house when interest rates were 17%?
👉 where does Vince see the unemployment rate and house prices going
👉🏽 tips for investors
👉🏾 will the property changes be reversed or are they here to stay?
Related episodes:
739 the boom bust property cycle explained + where are we now? Listen on Apple | Listen on Spotify
344 timing the market: Listen on Apple Podcast | Listen on Spotify
Book 15min free chat with John Pidgeon here: https://www.envisageproperty.com.au/free-consultation
Glen James' and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgE
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