The more you know about the most common mistakes that investors make, the better your likelihood of building lasting wealth.
In this series of short videos, I discuss the common mistakes I’ve seen investors make.
Today we discuss demographics and why it’s important to understand how this is changing and how demographics drives our property markets.
Watch today’s video as I explain why…
Some of the points we discuss:
* Demographics drives our property markets
* Two big drivers of future capital growth are: Population growth and the wealth of our nation
* Look for locations where people’s income grows more than average – where people have higher disposable incomes.
* You can get demographic data from*
* The Census - need to dig down deep
- SQM research, id.com.au, Property Update
With thanks to Michael Yardney's PropertyUpdate.com.au