I really enjoyed listening to both of you, I could have listened for longer 🙂 the idea of a crash is holding me back. I have seen family friends in Ireland get wrecked following last recession in 2008
so hard to put emotions aside, but it's the way to go. When you buy in fear and you are fearful yourself, it is usually a very good sign that you are buying the bottom.
I am wondering what is better, buy a house now or wait 4-5 years? Not as an investment, we just planning to buy our first house here in Europa (but not urgent we could wait a couple of years) - just my question is whenever this next crash occurs, will the bottom be lower then the current price? Is it worth to wait?
That was great content guys, really great to see some Aussies discussing macro economics as most of the stuff is US and always requires some interpretation. I would encourage more of this in the future. Thanks again guys, great job 👍
Is it worth buying an investment property if it is going up about 20% over the next 2 years before a crash - considering all costs involved in buying and selling and CGT?
I think within the next 12 months. It's difficult to predict how the reserve bank is going to act. New governor seems less inclined for a boom bust approach. That could translate to longer term pain. Important to pay the right price.
Love the discussion! But as a newbie who's trying to learn all about investment properties, I'm getting even more confused whether now it is a time to invest in IP? Especially if the market is going to crush in like 2-3 years?
What happens when mortgage rates hit 10% & higher in australia? Very likely we will cos inflation tends to be sticky so likely we have high inflation for next 5 to 10 yrs
Thanks for the fantastic video. If the crash is coming in a few years around 2025/26, wouldn't it be better off wait until that happens and enter into market rather than going into the property market now and experience the crash after reap some profits for a couple years ?
China's $100 trillion housing bubble is bursting with Evergrande and City Garden etc. breaking up. It may affect Australia, because currently the vast majority of foreign investment in Australian housing is from China, leading by far.
Credit is seriously tight right now. I know this, I did a REFI recently. 23 separate documents, 3 weeks of constant submissions, checking etc. needed by the bank, for a 70% LVR loan! For 4.5 X income! How does Jason think we're at the "very easy money" stage?
Question fellas - I’m looking at buying my first home and I think I’ll be going ahead with a house an land package. My question is though do house and land packages vary in price and fluctuate with the property market? I.g would I pay more for a package now or less for one after the ‘crash’ ?
WW3 will be so much different it will be full nuclear Australia will probably look like the mad Max movie and the rest of the world. We are living in sad times. Australia has a household debt crisis and a high excess deaths rates that are not COVID related and the government cover-up and job vacancies exist because they have died suddenly.
"hoping for a downside to pick up cheaper prices": You've got it! The Aussie share market which cant actually crash, because it's already sunk into the sediment layer! No growth in 16 years, despite huge nominal GDP growth in that time.
The great Ponzi scheme driven by politicians who benefit from it as they own several investment properties! If a global recession was to start sometime in 2024, the housing market might bottom out around 2025 and 2026. The US being resilient (since most households fixed for 30 years at a very low rate) means the USD compared to AUD (due to RBA and people being in a lot of debt) is still very strong, which makes aussie property cheap for overseas investors.
18 year real estate cycle? Most experienced investors understand that there is no such thing as "the Australian property market." Rather, there are literally thousands of individual suburbs...which to some extent at least...are driven by micro-fundamentals. So in other words...there are always opportunities regardless of the macro fundamentals. With that said, therefore, I don't think the notion of the 18 year cycle is particularly useful in practical terms...unless I've missed something?
Great catching up with you mate! Always a pleasure :)
Hi from Twitter :)
Same bro! We could go on for hours haha see ya next month 😉
Great show guys. Let’s get it weekly. Needs a name though.
Name ideas? @@DBcr9
Sorry, Marvel Avengers was the most ambitious cross-over to date.
Definitely keen for a monthly catch-up between you two. Very insightful conversation 🙌
Yes that would be great
I really enjoyed listening to both of you, I could have listened for longer 🙂 the idea of a crash is holding me back. I have seen family friends in Ireland get wrecked following last recession in 2008
so hard to put emotions aside, but it's the way to go. When you buy in fear and you are fearful yourself, it is usually a very good sign that you are buying the bottom.
It's all about cashflow. You can handle any situation as long as you have the required cashflow.
They should do the same as Thailand and ban foreign land ownership. Just allow foreigners to buy apartments.
Love this combo. Two of my fave finance channels please keep it coming!!
I am wondering what is better, buy a house now or wait 4-5 years? Not as an investment, we just planning to buy our first house here in Europa (but not urgent we could wait a couple of years) - just my question is whenever this next crash occurs, will the bottom be lower then the current price? Is it worth to wait?
Me thinking about that too, first home buyer, for self-residence
Awesome stuff guys! My two favorite content creators. Well done!
Monthly catch up for sure guys! Great banter and info 🔥
More videos with Jason please.. especially about the 18 year cycle
That was great content guys, really great to see some Aussies discussing macro economics as most of the stuff is US and always requires some interpretation.
I would encourage more of this in the future.
Thanks again guys, great job 👍
Great work guys, Put everything into simple perspective, Thanks.
Is it worth buying an investment property if it is going up about 20% over the next 2 years before a crash - considering all costs involved in buying and selling and CGT?
I think within the next 12 months. It's difficult to predict how the reserve bank is going to act. New governor seems less inclined for a boom bust approach. That could translate to longer term pain. Important to pay the right price.
3 yrs 50%* of you in Australia
Definitely some more collaborations gents in the future. Great content
Love the discussion! But as a newbie who's trying to learn all about investment properties, I'm getting even more confused whether now it is a time to invest in IP? Especially if the market is going to crush in like 2-3 years?
Great content & collaboration. Would love to hear more about the IP market
Legends, looking forward to more collabs with Jason!
Great advice and your best work yet!! 🎉
Thanks!
What happens when mortgage rates hit 10% & higher in australia? Very likely we will cos inflation tends to be sticky so likely we have high inflation for next 5 to 10 yrs
Awesome 🎉
Thanks for the fantastic video. If the crash is coming in a few years around 2025/26, wouldn't it be better off wait until that happens and enter into market rather than going into the property market now and experience the crash after reap some profits for a couple years ?
wow what a collab.
Great insight would like more content like this. Jason to come back on please 🙏
love the content guys keep it up
China's $100 trillion housing bubble is bursting with Evergrande and City Garden etc. breaking up. It may affect Australia, because currently the vast majority of foreign investment in Australian housing is from China, leading by far.
Predicting the future is a fool’s game!
Fantastic content and alpha guys! 👌
1:20 Coorparoo! You must be insanely rich!!!
So how do ordinary people buy? Start with a 22 square meter student apartment in Melbourne?
Loved it ❤
Loved it. Very informative
I think your Brisbane prediction is way off
What is your prediction?
nice
Credit is seriously tight right now.
I know this, I did a REFI recently. 23 separate documents, 3 weeks of constant submissions, checking etc. needed by the bank, for a 70% LVR loan!
For 4.5 X income!
How does Jason think we're at the "very easy money" stage?
ohhh what a collab!
Great collab
Would’ve been good to hear more from Jason, great collaboration though. Please get him back on Ravi!
And yes to monthly catch ups 🤞🏽
Strang to hear that Australia is 1-2 years behind the rest of the world in the financial cycle
6-12 months roughly
Congratulations.
You're 90% lvr but planning to go to 40-50%. So if markets give you 20%, you need to sell down 30ish %? Is that your plan?
The problem is money printing, if just there were a global money the people owned you couldn’t make more of. 🤔
Question fellas - I’m looking at buying my first home and I think I’ll be going ahead with a house an land package. My question is though do house and land packages vary in price and fluctuate with the property market? I.g would I pay more for a package now or less for one after the ‘crash’ ?
Don’t buy a house and land package. Best advice you’ll get 🙌🏽
Awesome
👍More please
How would world events such as World War III affect the housing market?
Droves of young men dying = lots of deceased estates.
@@elmohead The Australian housing market boomed immediately after WW2.
WW3 will be so much different it will be full nuclear Australia will probably look like the mad Max movie and the rest of the world.
We are living in sad times.
Australia has a household debt crisis and a high excess deaths rates that are not COVID related and the government cover-up and job vacancies exist because they have died suddenly.
"hoping for a downside to pick up cheaper prices":
You've got it!
The Aussie share market which cant actually crash, because it's already sunk into the sediment layer!
No growth in 16 years, despite huge nominal GDP growth in that time.
Not Jason ffs
Yeah he’s a proper kook, the guy literally has noooooo idea!
Please do a monthly report like this sensational to have Aussie content.
Unless you have a crystal 🔮✨, buy...
The great Ponzi scheme driven by politicians who benefit from it as they own several investment properties! If a global recession was to start sometime in 2024, the housing market might bottom out around 2025 and 2026. The US being resilient (since most households fixed for 30 years at a very low rate) means the USD compared to AUD (due to RBA and people being in a lot of debt) is still very strong, which makes aussie property cheap for overseas investors.
18 year real estate cycle? Most experienced investors understand that there is no such thing as "the Australian property market."
Rather, there are literally thousands of individual suburbs...which to some extent at least...are driven by micro-fundamentals.
So in other words...there are always opportunities regardless of the macro fundamentals.
With that said, therefore, I don't think the notion of the 18 year cycle is particularly useful in practical terms...unless I've missed something?
Yes, I cant see this 18.6 year cycle at all.
Read the comments on other channels that have interviewed him, you’ll see what I mean
Congratulations.