Melvin Lim from PropertyLimBrothers delves into a fascinating economics theory, speaking about the concept of Time Preference and how it intercorrelates with not just economics, but real estate and decision-making in life. So in the essence When is the right time to make the transition from renting to owning a home? 

Defining low versus high time preference, find out how it plays a significant role in decision-making. We’ll also introduce 4 key factors you need to understand before making any significant decision, whether it’s about investments, personal finances, or life choices. A prelude to our upcoming few sessions, tune in to this episode to get a head start!

(00:00) Intro