836 Australian property booms, busts & cycles deep dive with Vince Scully

Rachelle's book, The Quick-Start Guide to Your First Property: https://amzn.to/4svhyoH

John's book, Sort Your Property Out & Build Your Future: https://amzn.to/45l7n9M

A Sydney suburb has made headlines falling nearly $600,000 in a year according to the AFR. In this episode John chats with Vince Scully from Life Sherpa to unpack the data and context that isn't mentioned, leading into a wider chat about boom and busts cycles. They touch on:

👉🏼 what the headline doesn't tell us about the Sydney suburb that fell

👉🏽 understanding that there are markets within markets

👉🏾 what happens to property during a downturn?

👉🏿 is the 18.6 year cycle theory legit?

👉🏻 was it easier or harder to buy a house when interest rates were 17%?

👉 where does Vince see the unemployment rate and house prices going

👉🏽 tips for investors

👉🏾 will the property changes be reversed or are they here to stay?

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