The property pessimists will still be out there next year telling us not
to invest and that our property markets are going to crash.
And as has been the case for the last few decades – they will be wrong.
Clearly, many of us would like to forget the last few years, but that
won’t be easy. Let’s hope 2022 will be a year we are going to want to remember.
It will be interesting to look back at the end of the year and see how
many of these trends have eventuated.
And with these forecasts of subdued growth, I can understand why some
would-be investors may be questioning whether property still represents a smart
On the other hand, strategic investors who have a long-term outlook will
see the period of slower growth as a buying opportunity.
Sure, investors may not see annual double-digit capital growth in the
short term; but the slower markets will give smart investors an opportunity to
buy the type of property they’d have to compete more strongly for over the last
few years when there were more buyers than sellers.
The type of property that will have them looking back in 10 years’ time
saying "boy I bought that cheaply!”
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Friday, 17 December 2021