Prices are declining in Sydney for the first time in a while. As investors we have a recency bias. When things are good we think they will never end, and when they are bad we think they will never be good again, but they will be. If you understand your history you will know that prices in Sydney have risen by over 9% a year for the last 50 years. These averages take into account recessions, depressions, wars, flat markets, hot markets and cold markets. Stop stressing about what you can not control and start looking at the bigger picture.
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WHAT CAN YOU EXPECT FROM YOUR STRATEGY SESSION?
By the end of your session you’ll have identified:
- Where you are right now in terms of your property investing goals.
- Where you want to be by the time you retire.
- The roadblocks currently holding you back from achieving your goals and how to address them.
- Your next action steps.
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