Who did you believe was going to be right about the market? Did you buy or sell based on an ‘experts’ predictions? In this years edition of the Fool or Forecaster report (releases on April Fools), Veronica and Chris discuss progression of the property market over the last year with investors representing a tiny fraction of purchases, Coronavirus’s impact, and those analyst that had a conflict of interest in their reports. Find out which experts got it right, who got it wrong and who was dramatically wrong; one expert predicted an 85% fall in the market that never came. 

Here’s what we covered:


When was the bottom of the market?


How long did it take the Sydney market to go down 15%?


What were the biggest names saying?


Who got it right? And who got it wrong?


What suburbs were hotspots?


What is the impact of these 'predictions' on individual people?


Why is most property not worth buying?


Who's pushing up prices? 


What things can you do to view a property's possible growth?


Who is missing the market?

MENTIONED EPISODES:Episode 61 | 2019 Fool or ForecasterEpisode 71 | Kent LardnerEpisode 73 | Roger MontgomeryEpisode 75 | Warren HoganEpisode 77 | Cameron KusherEpisode 81 | Eliza OwenEpisode 88 | Alan KohlerEpiosde 102 | Louis Christopher

LINKS:Veronica Morgan’s Article: Proof Sydney house prices have stopped fallingCore Logic Report: 2019 Fool or Forecaster Report2020 Fool or Forecaster Report

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: info@gooddeeds.com.au

Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless: www.getauctionready.com.au Use the coupon ELEPHANT for your 30% listener discount.

EPISODE TRANSCRIPT: https://www.theelephantintheroom.com.au/podcasts/114

Who did you believe was going to be right about the market? Did you buy or sell based on an ‘experts’ predictions? In this years edition of the Fool or Forecaster report (releases on April Fools), Veronica and Chris discuss progression of the property market over the last year with investors representing a tiny fraction of purchases, Coronavirus’s impact, and those analyst that had a conflict of interest in their reports. Find out which experts got it right, who got it wrong and who was dramatically wrong; one expert predicted an 85% fall in the market that never came.  Here’s what we covered: <ul> <li> When was the bottom of the market? </li> <li> How long did it take the Sydney market to go down 15%? </li> <li> What were the biggest names saying? </li> <li> Who got it right? And who got it wrong? </li> <li> What suburbs were hotspots? </li> <li> What is the impact of these 'predictions' on individual people? </li> <li> Why is most property not worth buying? </li> <li> Who's pushing up prices?  </li> <li> What things can you do to view a property's possible growth? </li> <li> Who is missing the market? </li> </ul> MENTIONED EPISODES:<a href="https://www.theelephantintheroom.com.au/podcasts/061" target="_blank" rel="noopener">Episode 61 | 2019 Fool or Forecaster</a> <a href="https://www.theelephantintheroom.com.au/podcasts/071" target="_blank" rel="noopener">Episode 71 | Kent Lardner</a> <a href="https://www.theelephantintheroom.com.au/podcasts/073" target="_blank" rel="noopener">Episode 73 | Roger Montgomery</a> <a href="https://www.theelephantintheroom.com.au/podcasts/075" target="_blank" rel="noopener">Episode 75 | Warren Hogan</a> <a href="https://www.theelephantintheroom.com.au/podcasts/077" target="_blank" rel="noopener">Episode 77 | Cameron Kusher</a> <a href="https://www.theelephantintheroom.com.au/podcasts/081" target="_blank" rel="noopener">Episode 81 | Eliza Owen</a> <a href="https://www.theelephantintheroom.com.au/podcasts/088" target="_blank" rel="noopener">Episode 88 | Alan Kohler</a> <a href="https://www.theelephantintheroom.com.au/podcasts/102" target="_blank" rel="noopener">Epiosde 102 | Louis Christopher</a> LINKS:Veronica Morgan’s Article: <a href="https://gooddeeds.com.au/sydney-property-market/proof-sydney-house-prices-have-stopped-falling/" target="_blank" rel="noopener">Proof Sydney house prices have stopped falling</a>Core Logic Report: <a href="https://www.theelephantintheroom.com.au/fool-or-forecaster" target="_blank" rel="noopener">2019 Fool or Forecaster Report</a><a href="https://www.theelephantintheroom.com.au/fool-or-forecaster"></a><a href="https://www.theelephantintheroom.com.au/fool-or-forecaster" target="_blank" rel="noopener">2020 Fool or Forecaster Report</a> HOST LINKS: Looking for a Sydney Buyers Agent? <a href="https://gooddeeds.com.au/contact/" target="_blank" rel="noopener">www.gooddeeds.com.au</a> Work with Veronica: <a href="mailto:info@gooddeeds.com.au">info@gooddeeds.com.au</a>  Looking for a Mortgage Broker? <a href="https://www.wealthful.com.au/new-page" target="_blank" rel="noopener">www.wealthful.com.au</a> Work with Chris: <a href="mailto:hello@wealthful.com.au">hello@wealthful.com.au</a> Buy the book - AUCTION READY How to buy property at auction even though you’re scared s#!tless: <a href="http://www.getauctionready.com.au" target="_blank" rel="noopener">www.getauctionready.com.au</a> Use the coupon ELEPHANT for your 30% listener discount. EPISODE TRANSCRIPT: <a href="https://www.theelephantintheroom.com.au/podcasts/114" target="_blank" rel="noopener">https://www.theelephantintheroom.com.au/podcasts/114</a>

Who's really in control when you buy a property?

The Elephant In The Room is where the things that no one wants to talk about, actually get talked about.  

Veronica Morgan, real estate agent, buyers agent and co-host of Foxtel’s Location Location Location Australia & Chris Bates, financial planner, mortgage broker and wealth coach have joined forces to find out what’s really going on in the world of real estate.

Veronica and Chris talk to property owners and buyers every day in their respective lines of business. They’ve observed a wide spectrum of confidence in people’s decision making ability when buying and selling property, often to the detriment of the individuals concerned. They are both fascinated by consumer behaviour and together they’re going to uncover who’s really making the decisions when you buy a property.

In each episode they get into the psyche of buyers, agents, auctioneers and other industry experts to learn the truth about how buyers are influenced and why they do the things they do. In every episode you’ll learn from the mistakes of a “property dumbo” as well as Chris & Veronica’s “elephant rider bootcamp” training session.

The plan? This property podcast has been created to help us all make better property decisions!

We talk about the things no one wants to talk about in the Property Market

The Elephant In The Room Property Podcast | Inside Australian Real Estate

Veronica and Chris review predictions made in the last year and the last 10 years revealing which experts to listen to.

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