EP 025: In this week’s podcast episode, Grant and I are back with our May 2023 property round up!
To keep you up to date on the market, we've compiled everything that has happened in property since last month's episode.
We’ll be discussing:
- The effects of interest rates
- Psychology and human behaviour
- The CoreLogic property report for May
- As well as inflation, our forecasts and more!
P.S. What are your predictions for the next RBA meeting?
Episode Highlights:
00:00 Welcome to Property and Investing
01:54 RBA surprise increase
04:39 Knock-on effects of rate increases
05:58 Psychology and human behavior during rate increases vice versa
11:29 Why does real estate work? Supply and demand
18:32 The biggest proprietor of inflation
20:44 Revenue government gets from property
23:35 Will interest rates go up next month?
31:32 What are we forecasting now with our properties?
33:25 CoreLogic report for May
40:02 The inefficiencies in property everywhere
42:02 Rents are up, supplies are getting worse
45:15 Our outlook on property overall
47:43 Mortgage prison
52:04 How long before anything breaks
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Resources:
○ Property and Investing website: https://propertyandinvesting.com/
○ RBA Rate Tracker https://www2.asx.com.au/markets/trade-our-derivatives-market/futures-market/rba-rate-tracker
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DISCLAIMER:
All information we share is NOT financial or investment advice and is purely intended for entertainment and educational purposes only. Always seek professional advice before acting on any financial decision.