Your First Home Buyer Guide Podcast

Should You Wait to Buy a Property During Economic Turmoil?


Listen Later

As a first home buyer in Australia, you may have been watching changes in the economy around the world unfold with trepidation, wondering whether now is the right time to enter the property market.

Join us in today's episode as we explore the potential impacts of the global economic situation on the Australian property market. While rising living costs and a rental crisis make buying a home an attractive option, the prospect of rising interest rates and rumours of a recession can also be intimidating. So, what should you do?

We're here to give you the lowdown on the property market, whether you're ready to take the plunge or still weighing your options on your first property purchase. It is our goal to help you retain a long term perspective while making your choices with the utmost confidence. Let’s get started!

Episode Highlights:

00:00 - What does economic doom and gloom mean for first home buyers?

02:15 - Meighan’s unique house of the week

03:11 - Lessons from the past: How major events shaped today's property market

07:06 - The surprising patterns about market catastrophe and property prices

11:15 - The cyclical nature of the real estate market

13:32 -  Lessons we can learn from the failure of real estate in mining towns

15:47 - Making sound property investment decisions for the long term

20:54 - Revealing the secret to making gains in a downturned property market

Resources:

  • Visit our website https://www.homebuyeracademy.com.au/
  • Learn how to buy property without making a mistake with our 10-step online course for first time home buyers https://homebuyeracademy.com.au/YFHBG
  • If you have any questions or would like to be featured on our show, contact us at: Your First Home Buyer Guide Podcast - [email protected]
  • Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
  • Work with Veronica: https://www.veronicamorgan.com.au
  • Looking for a Brisbane Buyers Agent? https://www.propertypursuit.com.au/
  • Work with Meighan: https://www.linkedin.com/in/meighanwells/

If you enjoyed today’s podcast, don’t forget to subscribe, rate, and share the show! There’s more to come, so we hope to have you along with us on this journey!

  • Subscribe on YouTube: https://www.youtube.com/@YourFirstHomeBuyerGuidePodcast
  • Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/your-first-home-buyer-guide-podcast/id1544701825
  • Subscribe on Spotify: https://open.spotify.com/show/7GyrfXoqvDxjqNRv40NVQs?si=7c8bc4362fab421f

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Your First Home Buyer Guide PodcastBy Veronica Morgan & Meighan Wells


More shows like Your First Home Buyer Guide Podcast

View all
The Property Couch by Bryce Holdaway & Ben Kingsley

The Property Couch

71 Listeners

Property Investment Podcast Network by Momentum Media

Property Investment Podcast Network

22 Listeners

Property Investment, Success & Money | The Michael Yardney Podcast by Michael Yardney; Australia's authority in wealth creation through property

Property Investment, Success & Money | The Michael Yardney Podcast

22 Listeners

Investopoly by Stuart Wemyss

Investopoly

15 Listeners

money money money by Glen James

money money money

55 Listeners

The Elephant In The Room Property Podcast | Inside Australian Real Estate by Veronica Morgan & Chris Bates

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

13 Listeners

Australian Finance Podcast by Rask

Australian Finance Podcast

30 Listeners

She's On The Money by Victoria Devine

She's On The Money

149 Listeners

Pizza and Property by P&P Media

Pizza and Property

17 Listeners

this is property by John Pidgeon

this is property

6 Listeners

Retire Right by Glen James

Retire Right

22 Listeners

Scouting Australia Podcast by Australian Property Scout

Scouting Australia Podcast

9 Listeners

Australian Property Podcast by Rask

Australian Property Podcast

8 Listeners

Aussie FIRE | Financial Independence Retire Early by Hayden Smith & Dave Gow

Aussie FIRE | Financial Independence Retire Early

6 Listeners

Financially Fierce by Jess Brady

Financially Fierce

4 Listeners