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/4svhyoHJohn's book, Sort Your Property Out & Build Your Future: https://amzn.to/45l7n9MA 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?Related episodes:739 the boom bust property cycle explained + where are we now? Listen on Apple | Listen on Spotify344 timing the market: Listen on Apple Podcast | Listen on SpotifyBook 15min free chat with John Pidgeon here: https://www.envisageproperty.com.au/free-consultationGlen James' and Vince Scully's new book, 12 Months to Retire Right: https://link.amazon/B07u9ZQgEthis is property is proudly brought to you by:Envisage Property: https://www.envisageproperty.com.au/ Sphere Home Loans: https://www.spherehomeloans.com.auJoin our Facebook community, Australian Property Chat: https://www.facebook.com/groups/2324273761134945/We're on Youtube! Subscribe to this is property: https://www.youtube.com/@thisisproperty Hosted on Acast. See acast.com/privacy for more information.