Who did you believe was going to be right about the market? Did you buy or sell based on an ‘experts’ predictions? In this years edition of the Fool or Forecaster report (releases on April Fools), Veronica and Chris discuss progression of the property market over the last year with investors representing a tiny fraction of purchases, Coronavirus’s impact, and those analyst that had a conflict of interest in their reports. Find out which experts got it right, who got it wrong and who was dramatically wrong; one expert predicted an 85% fall in the market that never came. 

Here’s what we covered:

• When was the bottom of the market?

• How long did it take the Sydney market to go down 15%?

• What were the biggest names saying?

• Who got it right? And who got it wrong?

• What suburbs were hotspots?

• What is the impact of these 'predictions' on individual people?

• Why is most property not worth buying?

• Who's pushing up prices? 

• What things can you do to view a property's possible growth?

• Who is missing the market?

MENTIONED EPISODES:Episode 61 | 2019 Fool or Forecaster Episode 71 | Kent Lardner Episode 73 | Roger Montgomery Episode 75 | Warren Hogan Episode 77 | Cameron Kusher Episode 81 | Eliza Owen Episode 88 | Alan Kohler Epiosde 102 | Louis Christopher

LINKS:Veronica Morgan’s Article: Proof Sydney house prices have stopped fallingCore Logic Report: 2019 Fool or Forecaster Report2020 Fool or Forecaster Report

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

Looking for a Mortgage Broker? www.wealthful.com.au Work 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.au Use the coupon ELEPHANT for your 30% listener discount.

EPISODE TRANSCRIPT: https://www.theelephantintheroom.com.au/podcasts/114

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