It’s finally here! We have talked about the Game of Property Investing for a few weeks now and we are glad to announce that it is finally ready. If you missed out on previous podcasts, you must be thinking, what IS the Game of Property Investing?
To start with, it is not something that you can play like a board game but rather, a real-life game that you join when you want to invest in property. We call it a game because there are a lot of moving parts when it comes to property investing and the more you know about these parts, the more advantage you would get.
In this video, Bryce Holdaway and Ben Kingsley will be ‘unpacking’ the relationship between the buyers’ psychology and asset selection. The property market is affected by supply and demand. On the demand side, owner occupiers make up 70% of the market and hence, they are the price makers. Investors are merely price takers. So, if you want to know which property to add to your property portfolio, you should first understand the buyer’s psychology. What are they looking for, what is investment grade and does it pass the practicality test?
Watch this video to learn more and if you want to find out more about us, click here.
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Disclaimer: while due care is taken, the viewpoints expressed by contributors do not necessarily reflect the opinions of Your Investment Property.