EP 87: Are We In A Property Recession? (FEB 2023)

Listen and Subscribe: Spotify | Apple Podcasts | YouTube   Property values fluctuate for a variety of reasons, from economic recessions to rising interest rates. It is important to understand the factors that can cause these fluctuations so that property owners can make informed decisions about their investments.   The most common cause of property value fluctuations is an economic recession. When the economy enters a recession, people tend to be more cautious with their spending, which can lead to a decrease in property values. This is why it is important to stay informed about economic trends and to be prepared for any potential downturns.    In this week's episode we talk about are we in a property recession? We discuss factors such as falling property values, rising interest rates, and economic recession and decipher whether these factors indicate a recession or would be better interpreted in isolation. So stick around and get the information you need to make the right decisions with your property development, you won’t want to miss this week's episode!    _______________________________________________   For more information about our investment opportunity, email: [email protected] _______________________________________________   Episode Highlights: Are we in a property recession?  [01:47] Have properties gone down in value?   [06:21] Has there been any changes with property rentals?  [10:33] The importance of knowing your market  [16:08]  Has there been change with construction?  [19:20]  How has the availability of materials affected property development?  [22:06] Should you ask construction how many projects they have worked on?  [24:14] Would there be an impact for no stamp duty or no land tax?  [31:40] About Hilary Saxton: Hilary Saxton is a performance and mindset strategist who motivates, trains, and coaches people who crave knowledge and success in their property and business life. Hilary has had a varied career in property and business spanning at around more than 25 years now. She takes an honest, upfront approach towards both people and process issues. Hilary provides solutions through incremental and transformational change that delivers the success her clients both want and need.   Resources: To contact us about our investment opportunity, please email [email protected] or phone 1300 729 550 If you’re interested in winning a free copy of the book “Secrets of Property Millionaires Exposed”, go ahead and leave a comment or send me an email. We’d love to hear from you! If you liked this episode, or have any comments and/or suggestions on how we can make this better, don’t hesitate to send us an email. For questions/things you’d like us to cover and discuss in this podcast, again, you can send an email at [email protected] If you’re interested in receiving a free copy of the book “Secrets of Property Millionaires Exposed”, send an email to [email protected]!  Or Subscribe and give us some great feedback on YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA Connect with Hilary Saxton: Property Mastermind Facebook: https://www.facebook.com/PropertyMastermind Property Developer Secrets and Hacks Facebook group: https://www.facebook.com/groups/2581187315284341 Hilary Saxton Facebook: https://www.facebook.com/HilarySaxtonCoach Instagram: https://www.instagram.com/hilarysaxtonproperty/ LinkedIn: https://www.linkedin.com/in/hilary-saxton/ YouTube: https://www.youtube.com/channel/UCt31KlQu9azoojEHPLvXgmA Property Mastermind Website: https://www.propertymastermind.com.au/ It has been a pleasure and we look forward to seeing you in the future episodes!See omnystudio.com/listener for privacy information.