This episode is all about the FUTURE! Picture this - for every two properties we already have, we need to build another one to accommodation our growing population. Specifically, we will need about 1.7 million new dwellings in New South Wales alone in the future.
We will have to increase the amount of real estate by 30 percent and Sydney is currently the second most expensive city on earth, so where is all of this new real estate going to come from? Will there be government initiatives to help people get into the market and create more dwellings?...
This episode is all about the FUTURE! Picture this - for every two properties we already have, we need to build another one to accommodation our growing population. Specifically, we will need about 1.7 million new dwellings in New South Wales alone in the future.
We will have to increase the amount of real estate by 30 percent and Sydney is currently the second most expensive city on earth, so where is all of this new real estate going to come from? Will there be government initiatives to help people get into the market and create more dwellings?
What it certainly means is if you make the right investments today and hold on, you could be retiring on a lot of income in the future.
I also discuss -
6:05 - Your retirement
9:19 - Why Australian real estate is about to blow up
12:39 - Why invest in hospital-belt real estate
18:47 - We are way behind in wage growth
24:03 - How cryptocurrency influences real estate
28:23 - Built to rent as the future of real estate
34:33 - Where will people live in the future?
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)
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And remember, I’m really good on 1.25 or 1.5 speed :)
Take care,
Sam
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