Aug 25, 2021
The resurgence of Covid-19 across the country is causing concern.
It wasn’t that long ago that we experienced minimal, or no cases of Covid around Australia and we thought we had this Coronavirus thing licked, and all of a sudden we are confronted with lockdowns, uncertainty, and everything that goes with it.
As Australia’s circumstances continue to rapidly evolve, many are wondering what this means for the economy and our property markets.
As our property markets don’t operate in isolation, to be a successful, strategic investor it’s important to have a telescopic view – a big picture view of the macroeconomic factors affecting not just Australia’s economy, but the world economy and that’s why each month I have these Big Picture podcast chats with Pete Wargent, a lifelong student of and commentator on our economy. After that, I’ll share my mindset message.
The Big Picture
When we recorded last month’s Big Picture Podcast Australia’s economic recovery was continuing to unfold, jobs kept being created and our property markets keep surging.
And this month’s headlines are full of concern and mixed messages.
Let’s look at the macroeconomic factors affecting our economy and the property markets to help gain some clarity about the future.
Some of the topics that Pete and I discussed:
Metropole’s Strategic Property Plan – to help both beginning and experienced investors
Gets your bundle of eBooks and reports here: www.PodcastBonus.com.au
Join Michael’s Property Update private Facebook group by clicking here
Pete Wargent’s new book Low Rates High Returns
Shownotes plus more here: The Big Picture – economic and property trends you must understand – August 2021- with Pete Wargent
Some of our favourite quotes from the show:
“When we get through this, the cash that we’ve stashed is going to help make the economy rebound.” –Michael Yardney
“But look how well all those people who made their decisions a year ago are doing in the property market.” – Michael Yardney
“Entitlement gets us nothing but heartache.” – Michael Yardney
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