In today's installment of our Bad Advice Series, we delve deep into the notion that property values double every decade. It's an enticing prospect, and you may have even come across statistics that seem to support this claim. However, as with everything, the devil truly is in the details.
We explore the factors that can make or break this rule, from location and market trends to economic fluctuations and property type. We'll help you understand why blindly following this advice can lead to costly mistakes and why a tailored approach is essential for your specific circumstances.
Get ready to shatter the illusion that buying a property is a guaranteed ticket to wealth.
➼ The long game ... 30 years of housing values https://www.corelogic.com.au/news-research/news/2022/the-long-game-30-years-of-housing-values
Veronica Morgan & Meighan Wells
Veronica & Meighan are both licensed real estate agents who exclusively help buyers. Together they have nearly 40 years experience as property professionals.
Veronica is principal of Sydney based Good Deeds Property Buyers and is also co-host of The Elephant in the Room property podcast as well as Location Location Location Australia on Foxtel and author of Auction Ready: how to buy property at auction even though you're scared s#!tless!
Meighan is the multi award winning principal of Brisbane based Property Pursuit, chairperson of the REIQ Buyers Agent Chapter & a regular media commentator.