Bernard Salt predicts future direction of the property market

Nov 13, 2017

36:03

forum

Ask episode

view_agenda

Chapters

auto_awesome

Transcript

info_circle

Episode notes

As an investor wired into the media you would have no doubt heard of Bernard Salt's comments around the need for Gen Y-ers to stop eating smashed avocado should they ever want to be able to save for a property.

Although taken out of context, the comments caused a wave of responses both at home and abroad about the affordability of Australian property, how a generation of investors will never crack the market and that a property bubble exists in Australia – and that it's about to burst.

In this special episode of the Smart Property Investment Show, we hear first-hand from Bernard Salt from The Demographics Group on the realities of investing in Australian property, where you should be channelling your dollars, whether there is a bubble (and if it's going to burst) and how our markets will develop in the future.

Bernard also shares his insights on the red flags all investors should be aware of when investing in property as well as the key economic and social change data you should be using to help establish trends and determine whether to invest in a suburb or area.

According to Bernard, job growth, wage growth and infrastructure growth are the essential factors to consider when looking at a new property. Accessibility, as well as transformation to make the way of life "easier", are also significant factors to consider.

Tune in to get the inside scoop on:

Bernard's tips on what's hot and what's not
How immigration has impacted the Australian property market and why it will continue to do so
His views on the markets subsiding, plummeting and going sideways
How we can create pathways for that next generation to get access to that property market
How different markets will look in hishe next few years
Why the strategy of buying within ten kilometres of the CBD is successful
How jobs increasing in areas outside the CBD will impact the central point of Sydney

SUBURBS MENTIONED IN THIS EPISODE