podcast

Dangers of buying into lifestyle markets

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Cameron Kusher, Dangers of buying into lifestyle markets

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With the lifestyle markets, the risks in those areas are that often they're only linked to one or two economic sectors. So coastal markets obviously are heavily reliant on tourism. With the high Australian dollar and an event like the financial crisis, we've seen those markets have generally been quite weak over the last six or seven years. The risks are that in a down turn, in a segment that that area is directly linked to can have a pretty damaging effect on both house prices and overall desirability of those lifestyle markets.

Listen to other instalments of The Smart Property Investment Show:
Episode 53: 6 properties in 2 years: how this investor is achieving his goals
Episode 52: Will property prices fall? When? And by how much? What investors need to know
Episode 51: SPECIAL EPISODE: SPI team reveals all the financial details of its portfolio
Episode 50: 8 properties by 25: Former housing commission kid reveals how he changed his life and created wealth
Episode 49: How to build a sophisticated multi-property portfolio
Episode 48: ‘From just $2,000 in my pocket to 6 properties’
Episode 47: The SPI Show answers more listener questions: Special episode
Episode 46: 4 properties by 24 – how to build a portfolio without sacrificing fun, travel or food
Episode 45: Special guest Mark Bouris on what really makes property prices rise and when to invest
Episode 44: ‘11 properties by 31, now I’m stuck: What’s next?’
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