Steve Goodey: Property Investment Coach on the tough decision facing investors - sell or wait?

It’s another slow patch for the property market, with some who bought in the post-Covid boom now tossing up their options.   Cotality's latest data shows property sales down 2.4% in March, compared to the same time last year – the third consecutive month to fall.   Property investment coach Steve Goodey says they’re seeing a large number of people struggling with whether to swallow a paper loss or rent out the property.   He told Kerre Woodham when it comes to waiting it out, people don’t necessarily do the numbers and account for how long that may take.  Goodey says someone could be losing $200 a week in cash and be down $200,000 in equity, and recovery may take quite a few years.  LISTEN ABOVE See omnystudio.com/listener for privacy information.