We pick the brains of Dr. Andrew Wilson, possibly Australia's best known independent property economists.
Dr. Wilson publishes his auction clearance rates on a weekly basis on LinkedIn & breaks them down into regions. We discussed:
- What do auction clearance rates mean?
- Auctions, statistics, how is the data collected for these rates & is it reliable?
- Will interest rates ever rise again to past highs?
- Are Australia’s boom & bust housing cycles over?
- Misinformation & accountability of accurate reporting, don’t believe everything you read.
- What is the correlation between lower interest rates & house prices?
- RBA & APRA’s fundamental mistaken views.
- Asset selection - why the asset choice remains critical.
- Beware of spruikers - purchasing mistakes to avoid.
It’s a cracker of an episode, we hope you enjoy listening!
GUEST WEBSITE:Dr Andrew Wilson - My Housing Market Australian Urban Research infrastructure network
Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au
Read the transcript:www.theelephantintheroom.com.au/podcasts/096
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