There are five groups of home buyers that create a boom market in real estate. They are -
1) First home buyers
2) Downsizers
3) Upgraders
4) Investors and
5) Foreign investors.
When all of those groups shop at once, you have a feeding frenzy, also known as a property boom!
On this episode I want to focus on one big feeder - foreign investment - and explain to you how it works, and most importantly, why it can help you unlock the code of real estate wealth.
9:51 - How a boom works
11:20 - How The Government command the economy
13:00 - Why Sydney boomed between 2013 and 2017
14:15 - Why Sydneysiders can no longer afford to live in Sydney
16:14 - I should be broke right now
17:42 - Inequality is real
19:26 - The Dubai Effect
22:50 - How Asian Foreign Investment Works
41:28 - Brand New Zealand and Brand Australia
And so much more!
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Apple https://pre.fyi/upi-apple
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Take care,
Sam
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