19 Jul How are the world’s economic troubles going to affect our property markets?
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It’s been an interesting few weeks for the world’s economy.
While many of the headlines were focused on Greece’s economy, another financial crisis has been competing for the world’s attention – shares on China’s stock markets have nosedived, prompting fears of the biggest financial disaster since the 1929 Wall Street crash.
At one stage more than $3.2 trillion has been wiped out in the Chinese stock market in less than a month – an amount more than 10 times the size of the entire Greek economy.
So how is this going to affect us in Australia and what does this mean to you and me and our property markets?
In this month’s Real Estate Talk Explainer video I’ve invited 2 experts to help make some sense of what’s going on and what’s ahead.
- Michael Yardney, director of Metropole Property Strategists and one of Australia’s leading experts in wealth creation, and
- John Lindeman, the research columnist for API Magazine and chief property consultant at innovative housing market analysts, Property Power Partners,
Whether you’re a successful property investor or keen to become one, understanding the major significant changes ahead of us will be critical, so enjoy the video interview.