In the seventh Podcast since Covid-19 took hold, we turned our thoughts to the alarmist headlines emerging, warning that the property market will drop by 20-30%. Why in all likelihood that won't be the case by taking a critical eye to data and forecasting, and jumping in the time machine to look at the economic impact of previous pandemics and recessions on the property market. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: •We share our insights as to what we are seeing at the coal facewith residential property transactions and buyer activity. •We discuss our property market forecasts, why we hold the position that we do, and why we urge you to seek data from credible sources, whose area of expertise and skill set specialises in residential property. •How property values actually increased in April across Australia during lockdown, and why this happened, despite the negative headlines. •Why you should give short thrift to shock headlines that property values will drop significantly, and why you should be careful what you read, and how headlines are often diametrically opposed to the actual content. •A look at the Spanish Flu and the Great Depressionand how the policy and events of the time stack up to our current situation and the economic recoveries. •Analyse the residential property market data from Australia's three most recent recessions and the GFC.The results will surprise you! •Why turning the finance tap off, or rising rates are the most likely key indicatorsto precipitate a significant reduction in residential property values. •And of course, our 'gold nuggets'! Visit the show notes - https://bit.ly/3c4D7p6