Predicting the property market and getting it right doesn’t make you a nostradamus but when you get it right and people want an answer, what do you say? In this episode Stuart Wemyss Director of Prosolution and host of the Investopoly podcast joins us back from Episode 39. Stuart shares insights into how the lending space has tightened up on borrowing, why people are upgrading over investing and how he came to his accurate prediction. 

Here’s what we covered:

• How did Stuart get his 2018 forecast?
• Why are predictions not that reliable?
• What do the studies show and does it help you invest?
• Why asset selection is far more important than "getting a good deal".
• What happens at the bottom of the market?
• Does your property have the fundamentals that could lead to high capital growth?
• When should you sell a quality asset?
• How to become borrower ready?
• How to maximise your borrowing capacity? 
• How to best manage your spending.
• How have low interest rates changed investing strategy?
• Why to always approach the family home as an investment property?

MENTIONED EPISODES:Episode 39 | Stuart WemyssEpisode 117 | Dr. Shane OliverEpisode 123 | Martin North

GUEST LINKS:Buy Stuart’s book Rules of the lending game. And use code ‘elephant’ for a discount plus free postage. Buy Stuart’s book Investopoly Subscribe to Stuart’s blog Article: How important is buying below market value? The largest longitudinal study on forecasts Philip E. Tetlock

HOST LINKS: Looking for a Sydney Buyers Agent? www.gooddeeds.com.auWork with Veronica: [email protected] 

Looking for a Mortgage Broker? www.wealthful.com.auWork with Chris: [email protected]

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

EPISODE TRANSCRIPT:Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded on 5 May, 2020.

https://www.theelephantintheroom.com.au/podcasts/126

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