Join us this week as Frank gives us a little history lesson on the history of property cycles in Australia, uncovering how the market evolves over time and what that means for investors.
- 2:09: We delve into the recurring nature of property cycles across Australia, comparing the growth patterns of capital cities and regional areas. Does consistent growth only happen in capital cities?
- 6:05: Travel back to the 1970s when Perth was pricier than Melbourne and learn how population growth influenced the market.
- 12:10: Unpack the high-interest rate era of the 1990s and its impact on property trends.
- 14:35: Discover how interest rate fluctuations shaped the early 2000s property market.
- 20:53: What's the takeaway? Stay in the market for the long haul and watch your investments grow.
Whether you're a seasoned investor or just starting out, this episode offers timeless insights into navigating the property market. Don’t miss it!