Feb 27, 2023
Predicting the future of the property markets is a challenging task, especially when there are so many mixed messages and conflicting information available.
So welcome to this month’s Big Picture podcast where Pete Wargent and I explore the macroeconomic factors that are currently impacting the Australian property markets.
As usual, we'll cover everything from interest rates, inflation, consumer sentiment, and government policies, and explore how they affect supply and demand, property values, and market conditions and we’ll highlight the factors that we think you should understand.
Whether you're a seasoned investor or simply interested in the health of the property market, today’s show will provide you with valuable insights and expert analysis of the big picture.
The Big Picture with Pete Wargent
If you would have asked me this time last year, I wouldn't have thought we would be talking about an inflation rate of close to 8%, 9 consecutive interest rate rises, and that the war overseas which had just commenced would still be raging.
And considering the upbeat state of our markets last year and the fact that we were emerging from Covid, I would not have thought Australian consumer confidence would be at historic lows 12 months down the track.
But here we are.
Predicting the future direction of our property markers seems to be more challenging than it has been for a long time.
There are so many conflicting messages and so much conflicting information out there.
On the one hand, we have experts who believe we are nearing the bottom of this.
Links and Resources:
Metropole’s Strategic Property Plan – to help both beginning and experienced investors.
Get a bundle of free reports and eBooks – www.PodcastBonus.com.au
Join Pete Wargent and me at Wealth Retreat 2023 – click here to find out more
Shownotes plus more here: February 2023 Big Picture Podcast with Pete Wargent