People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Sure I'm not alone in my chain of thoughts.

@CharlesArthur-fq5sx

3 күн бұрын

Buy now, home prices will not go lower. If rates drop, you can refinance.

@Franklin-gq4si

3 күн бұрын

The government will have no choice but to print more notes and lower interest rates.

@williamDonaldson432

3 күн бұрын

Well i think, home prices will need to fall by at least 40% before the market normalizes. If you do not know whether to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in return on investments.

@foreverlaura-fq4eu

3 күн бұрын

this is quite huge! what have you invested in ? much more info needed please ...I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

@williamDonaldson432

3 күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with Annette Marie Holt for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

Just buy gold instead of property investment, no repair cost, tennant issues and as world goes in meltdown Gold always surges.

@alanliang9538

5 күн бұрын

wait till a huge gold asteroid collide with earth

If the mining boom cools off then you will see a lot of people sell up and return to where they came from with all their money. I own a home but I don’t think it’s a good idea that they keep increasing. I would be happy if I atleast get what I paid for it. I paid 520k in May 2022. I could probably sell it for 650-700+ at the moment. Really feel sorry for the next generations.

@deborahcurtis1385

17 күн бұрын

I feel sick when I hear yet another property owner bragging about their paper gains, and then saying they feel sorry for the next generations. How is this helping? It's just empty words and being smug.

@KaiserSoze357

16 күн бұрын

​@@deborahcurtis1385Mine was worth 600k all day in a decent suburb...Now it's hitting the million dollar mark...I feel absolutely nothing for the next generations...never met such a bunch of lazy humans in all my life. They all owe hecs but won't do a crap job until something better comes up...I've been doing crap jobs my whole life...Hope you feel better🤷‍♂️

@Russh1

15 күн бұрын

Sell up and return where they came from?? I think you're forgetting most (6x the natural growth) of our population growth is from overseas migrants. Most of which never want to return.

@03marshall

14 күн бұрын

But you would be getting back what you paid for it due to inflation

@03marshall

14 күн бұрын

*Would not* edit

Bad advice is always delivered with confidence.

great point at the end about how to be cautious about comparisons between cities based on median and especially average prices. No doubt Sydney is more expensive but the influence of the luxury home and harbour-side property market inflates this where the majority of Sydney home prices are only modestly higher than other capital cities.

Property prices are not inflated due demand per se; it's due to the liberal lending behaviour of mortgage providers; given the ponzi effect, whereby "equity" from other properties is accepted as legitimate collateral and secondly depends on the percentage of income stream that can be dedicated to mortgage repayments without placing the household in poverty or negative cashflow for prolonged periods (generally that depends on the overall income of the potential market population and their other commitments) this applies to both owner occs and investors

Great news. I'm buying a beach house post collapse.

@oggyoggy1299

17 күн бұрын

No, everyone else is.

next 3 years nothing stopping perth.

Thank you great review 👍

This trend is very similar to the last boom we had. Mirgration rapidly increased, house prices sky rocketed and then the slowdown happened. Everybody left and prices dropped. Boom & bust.

@scottmenhennet9933

27 күн бұрын

Last time the median house price rose higher than all the other states, this time if theres another 20% rise in prices it will probably still be cheaper than Sydney, Melbourne, Brisbane, Canberra and maybe Adelaide too. Therefore isnt this a completely different scenario? Where are people going to pack up and go to? A more expensive city?

@raccuia1

18 күн бұрын

Curiously and historically Perth has (most times) had a median house price which places it in 4th position viz-a-vis other Australian capital cities. Now it is in 6th position. I wonder what implications that will have for the remainder of the decade.

@Forster45

11 күн бұрын

Last boom in 2007 Perth became more expensive than Sydney. Still Perth is cheaper than Brisbane and Adelaide. Perth house price has been par with Brisbane based on 30 year long term period. It isn't similar trend at all. Please study data. You can read free data from ABS and Corelogic. Thanks.

Appreciate your insights! Can you do one video on regional WA? Thanks.

Perth has great fundamentals and stable job market. Great place to live. Its def not a mining boom abd house prices will keep rising

Perth is expected a Rise in the Property Valuation Market over the next 3 Years!!!

@oggyoggy1299

17 күн бұрын

Of course. About 10% per annum.

There’s not much for sale in Perth I found it hard to buy here in Perth .

Only thing going to happen is intrest rates are going up very soon

If i was to give any advice to people reading this, speaking from a home owner in WA go with you gut instinct

@Fanta....

10 күн бұрын

Advice unclear, too much fat in the way

I saved 10 rental properties to go view on real estate . 4 ended up with a rent reduction after a few weeks on the advertisement

@captainkesh

Ай бұрын

Other than indicating oversupply; rental reductions are more interestingly an indication of reduced income streams of the areas potential renters; signalling overall unemployment increase or exodus of renters/population

@SnowofLight

6 күн бұрын

​​@@captainkeshIn this case, I'm seeing properties being bought by eastern investors then end up on the rental market 3 months later. Only to sit, because about 20 other eastern investors had the exact same idea for the area!

There is a serious mistake in your housing affordability calculation. You used the average earnings per week BY STATE, compared with house price BY CAPITAL CITY. WA has higher average income because people in REGIONAL WA are richer than regional NSW due to mining, but it’s not true for capital cities. You should use the average earnings BY CAPITAL CITY instead, which you will see those live in Perth earn less than those live in Sydney.

Ive lived in Sydney most of my life, Perth is still great bang for buck..

This dude (and many other real estate agents/property investment 'gurus') are doing their last ditch effort to pump this current bubble and earn a few quid off our demise before the bubble pops 😂

@chookie131

Ай бұрын

😂 let’s see shall we…. Let me guess you are waiting for a ‘crash’?

@IamRenter

Ай бұрын

I don't know about crash but we are going on rental strike. once we have 1 million people we will go on rental strike for two months. Early stages with only 8k users so far in the movement

@Peter-zv4dx

Ай бұрын

@@IamRenterhahahahhaha and be homeless

@PradyVK

Ай бұрын

Mate , this is not a bubble or a ponzi scheme but basic 101 economics ! Massive supply and demand imbalance in Perth that will take 3 more years to become balanced . My mate is building a property in Perth and it's into the 20th month of construction and still going , average build times are 2 years .At this rate , wouldn't suprise me if Perth overtakes Brisbane median house price by the end of next year . The bubble will pop only if supply is way more than demand , that will never happen as developers are cautious in this market and are not taking on new projects . This is a watershed moment in Perth's housing market , it will soon be a 1 million market in a couple of years and stay there .There might be corrections from time to time but not the big corrections like what we saw during the mining bust till 2019 .The big difference this time is the boom is not caused by a mining related population explosion but organic increase.Perth's economy has also diversified the last 6 to 7 years.Perth will be the 3rd highest median in terms of house price in the country by the end of 2026.

@PradyVK

Ай бұрын

You clearly haven't played monoply as a kid , people with assets control the game. That's life in general , if you go on a rental strike , you will be evicted in no time and end up in a tent . No different to anyone defaulting on a mortgage , bank will give you a few months and then repossess the house .You are delusional. Get real.

A lot of reason why in a rising market a certain suburb goes down in median price is due to massive subdivisions going on in that suburb… eg a one million property is subdivided into three blocks and build three houses on each block and sells for $700 000 each …. Wouldn’t this bring down the medium price of that suburb if it was done on a mass amount ?

@jamesaustralian9829

27 күн бұрын

Correct

@Russh1

15 күн бұрын

Exactly, that graph is basically meaningless without adjustments for land size per property sale. Joondalup for example has only just started splitting quarter acre blocks in half, of course half a block isn't going to sell for the same $. Some older suburbs split blocks years ago and are now mostly split, others are just starting. Craigie for example is amongst the highest population density in Perth now, yet 15 years ago most blocks were 700sqm+.

@Russh1

15 күн бұрын

The fact he can only show a handfull of suburbs out of 350 in Perth with a decline of >2% also proves this is useless info.

All the numbers make sense, there is no reason why WA won't have a medium of 1 mill very soon.

This is base on historical data from 2023 and past years. If you have the current data for population growth and property completion i think the gap is reducing. With immigration tightening back again population growth will significantly drop and return back to normal enabling the supply to catch up. Unless a big interstate migration happens then wa will still have that huge shortage. But highly unlikely that will happen and the government wont be taking in that huge amount of immigration in due to housing shortage displacing australians m from work and a shelter on their head. Thats my take for future. Property prices in wa slump between 2015 to 2020. If it happened before it will happen again. Its just the cycle. You can ride the housing boom and cash out soon or just hold for long term.

People in WA, leave your crap driving habbits behind and move to regional SA. Its cheap and growing.

@Fanta....

10 күн бұрын

"Habbits".. Also no thanks, I don't want to end up in a Barrel in a old bank vault,k,thx,bai

@baydonsgreenthumb6174

5 күн бұрын

Pretty sure it’s more expensive in SA At the moment .

Thanks for that. The title was a bit misleading but all good

@InvestmentRiseTV

Ай бұрын

Thank you. Hope you stayed until the end to hear the warning.

@fredsalfa

Ай бұрын

@@InvestmentRiseTV Yes I have 2 properties in Perth atm and intend to buy as many as I can till the boom cools off in a few years hopefully. But I’ll be watching videos like yours to see the real end of the boom!

@anna-liesehovell8430

28 күн бұрын

I hope you're not competing with first home buyers and lower income families that are struggling to buy since out of towners are "snapping up properties" inflating rent and generally stuffing communities. I get that you want to invest. But really do you need more?

Australian citizens only - not foreigners, residents or dual citizens - should be able to purchase Australian real estate. Citizenship should be reduced to about 80,000 annually.

@trvrclancy

Күн бұрын

😂 🤡 no one would move here than and your housing market would collapse your companies wouldn’t have the staff to meet demand and your economy would go to shit

What's the distribution for population increase?.. are these working professionals or mostly students.. if they are students then they might move to other capitals cities like Melbourne, Sydney and Brisbane after completing their courses or requirement to stay in Perth before they have permanent residency..

Clearly you have no clue about Perth. The economy may look good on paper, but we have a huge house shortage and rentals are unaffordable. Yes the prices will rise but the crash is coming. When I can predict. But as a single person trying to find a rental, it's impossible. So investors can make hay while the sun shines, they will lose that hay when the crash comes. Inflation is through the roof and people are struggling to afford to put food on the table and pay their bills. But hey you invest. I've seen this cycle twice in my lifetime, and both times the investors lost big.

@oggyoggy1299

17 күн бұрын

Nah, there won’t be a crash in Perth for another 10 years.

@aaronfitzgerald9109

6 күн бұрын

​@oggyoggy1299 that's impossible, it's too unaffordable and unsustainable now, there needs to be a massive market correction

@baydonsgreenthumb6174

5 күн бұрын

Won’t be relief in Western Australia for another 2-3 years . Everyone is migrating from other states into W.A

@danielpolette4334

4 күн бұрын

@@aaronfitzgerald9109 Massive correction unlikely. When correction comes, it will be a soft one. Same as Sydney, high price homes will correct more than the medium priced homes. Don't invest in the top end.

Maybe if you did not already bite the bullet, you were not going to...

It’s only going to rise more, it will take another year or 2 for the supply to catch up.

investing is about future earnings... who is to say all future profits are not already factored into the price? Buy now and you are probably buying at the top of the market. see how that works out for you

@chookie131

Ай бұрын

😂 still got a few years until the top of the 18.6 year cycle

I’m closing in on my retirement and I’d like to move from Cooma to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently almost 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyway?

@rogerwheelers4322

3 күн бұрын

Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.

@joshbarney114

3 күн бұрын

I've remained in touch with a financial analyst since the start of my business. Amid today's dynamic market, the key difficulty is pinpointing the right time to buy or sell when dealing with trending stocks - a seemingly simple task but challenging in reality. My portfolio has grown by more than $600k within just a year, and I've entrusted my advisor with the task of determining entry and exit points.

@FabioOdelega876

3 күн бұрын

@@joshbarney114 I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.

@joshbarney114

3 күн бұрын

I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@FabioOdelega876

3 күн бұрын

Marisa has the appearance of being a great authority in her profession. I looked her up online and found her website, which I reviewed and went through to learn more about her credentials, academic background, and employment. She has a fiduciary duty to protect my best interests. I sent her an email outlining my objectives and also booked a session with her; thanks for sharing.

Government policy and capital investment have A LOT to answer for, sadly we need a recession to hold them accountable.

You are not taking into consideration a black swan event in WA *pardon the pun, " If China stops buying iron ore tomorrow, we will all be Inaloo .

@aussieebayfashion

28 күн бұрын

And anyone could win a lottery tomorrow 😂

@jamesaustralian9829

27 күн бұрын

China stops buying tomorrow, we sell to India the next day.

@user-hj2kt4xc9h

27 күн бұрын

They are setting us up for an Invasion. Gun owners are under attack, Especially long range calibres used by Station Owners in the North West

@erwin734

7 күн бұрын

@@jamesaustralian9829india industrial output is far lower than China. When was the last time you see anything made in India other than what you can buy from Indian grocer.

I don't care about the property market. I follow the debt market. You see everything is debt.

Mate, look at the over supply of houses prior to this surge of demand....

@jonpratt4564

26 күн бұрын

Hah hah, exactly. And the post covid distortion in immigration numbers that is now rectifying itself. Anyone who thinks this video is based on any semblance of truth needs a lobotomy

@Russh1

15 күн бұрын

You mean prior to us increasing migraton levels 10 fold after covid?

My house went up again a couple days ago. 200k in under 2 years.

@shelby6622

Ай бұрын

I've apparently made the same amount on my lock of land here in Perth and I only bought it back in December 2023.

@antpoo

29 күн бұрын

Houses dont ‘go up’ in value. There is only a market, and those who sell and make an actual profit can say their house went up ‘this much’.

@leevancleef553

8 күн бұрын

Very true ​@@antpoo. My house has increased in value, but unfortunately I live there therefore I've made zero dollars.

Send it 🚀🚀🚀

Our houses get advertised in India and China months before they advertise in Perth and they keep bringing Indians and Africans in

Strong stench of snake oil from this video.

No one buy house now the price will come down automatically 😅

@jamesaustralian9829

27 күн бұрын

Prices in the NT have gone down because of scarce buyers. Rent is still dear there

@oggyoggy1299

17 күн бұрын

Is that what you want when you sell your house?

You can't tell me that there are not outside influences.

@aaronfitzgerald9109

6 күн бұрын

Black Rock

This....guy......speaks.......like.......this.......an...d.......it.......is........really.......ann....oy......ing

@juantokyo_

Ай бұрын

😂

@aksrp258

Ай бұрын

Because hesnt a native speaker.

@AusMarineRobotics

27 күн бұрын

I think he does a good job at communicating - is easy to understand and has a pleasant manner and voice.

@happyhappy888888

26 күн бұрын

😂hahhaaaaaaaa

@Fanta....

10 күн бұрын

protip: left click and hold to make it 2x. you............ are.................. welcome.

Please don't pump up the house price. There are so many homeless people and people living in caravan parks. Do you want to contribute to more people joining them?

@alech120

Ай бұрын

Property investment in this situation is against humanity. No good human increases their number of properties in this situation, while young people and the poor have a dream of having a roof over their kids' heads. At least if you own an investment property, be fair to your hard-working tenants.

@chookie131

Ай бұрын

@@alech120you are blaming the wrong people …. Point to the government - if it weren’t for mum and dad investor landlords millions of people would be homeless ..

@vincentcacciola7161

Ай бұрын

What utter rubbish if investors were not in market the property numbers would be higher and the prices would be lower investors are driving property inflation

@michaellim4795

Ай бұрын

Without investors, builders would not build. When prices were more affordable 3-4 years ago why didn't these renters purchase ppor.

@mileysong1117

Ай бұрын

Why are there so many homeless when a single income female can buy and house...it's called sacrifice work hard and no hand outs....there are still affordable properties now

I’m mad as hell!!!

Real estate people are the main reason for homelessness

@jamesaustralian9829

27 күн бұрын

Wrong. If there was no landlords, there would be no rentals for those on low incomes that can't muster a deposit to buy.

Perth will always remain a Boom Bust Town, the social options compared to Syd or Melb are zero Even freezing cold Hobart gets more action than Perth Melb has over a dozen ''Hot Spots'' as opposed to Perth's 3 News flash Rocky near Man dura is a dive in Clubbing terms

Giving up on ever owning our own home 😢

@danielpolette4334

4 күн бұрын

NEVER GIVE UP.

Placebo effect.

Misleading title

Should I sale.my house now?

@I4NI_

Ай бұрын

Don't take this guys advice ever.

@aussieebayfashion

28 күн бұрын

You should never sell your house unless it's the last option.

@dinochin4287

28 күн бұрын

Thanks guy

@kevinbalkwill8426

6 күн бұрын

Problem with selling your house is then being able to buy another or if you are going to rent afording another to rent stay put for long term

@danielpolette4334

4 күн бұрын

No. Don't sell a tax free asset. Don't risk it as collateral for another investment either unless you have the means to pay for it. Take out wage insurance by a reputable company, especially if you over extend.

Perth has grown up. It isn’t just a mining town anymore. It will catch up and pass Sydney again as it is a better place to live.

@pommygeezer9309

11 күн бұрын

😂 What??

Yes salaries are higher in WA than other states. And now, yall going to start degrading the quailty of life previously enjoyed here of an entire state so few can make MORE monetary gains, that will eventualyl disappear in the ether of high costs of living. Bravo...I think not! Why is everyone so greedy. Own a nice house, let others own a house too, and use your extra income to enjoy life.

@jamesaustralian9829

27 күн бұрын

Per capita. But as a whole, no

@anna-liesehovell8430

27 күн бұрын

@@jamesaustralian9829 per capita = less $

Strong affordability? You have to be joking lol

Stats 6:11

Easy fix just leave 😂😂 See property prices drop

You forgot one major issue mate. Credit is drying up . The banks are broke . No credit no sale.

Can you beeee any more wrong.

pray for a recession

LOL

Send all the immigrants to WA...

@KaiserSoze357

16 күн бұрын

So they can live in the parks...Where are you from?

@Fanta....

10 күн бұрын

you can keep all your habbibbbi's thanks

If iron ore crashes, Perth will be a nightmare investment.

@danielpolette4334

4 күн бұрын

Don't think so....lots more mines in WA . Not just iron ore. Plus, big miners are always preparing for the next mine - jobs, jobs, jobs. And yes, i am in mining, but not Iron Ore😁