Is a Property Crash Inevitable?
b"https://www.youtube.com/watch?v=r8TWc1q3r-8\\n\\n\\n\\n\\n\\n\\n\\n\\nWith everything that's happening in the world right now is an imminent property crash inevitable? Or could the opposite potentially happen?\\n\\n\\n\\nIn this episode I explore this idea in more detail and talk about some of the reasons it may happens as well as some of the reasons it may not.\\n\\n\\n\\nBook a Free Property Strategy Session\\n\\n\\n\\nIs a Property Crash Inevitable? 2:06\\n\\n\\n\\nWhat Are The Signs A Property Crash May Occur 4:46\\n\\n\\n\\nOther Factors To Take Into Account 6:45\\n\\n\\n\\n7:56 What Could Have a Positive Effect On Property Prices Over The Medium Term?\\n\\n\\n\\nThe U-Shaped Recovery 10:20\\n\\n\\n\\nWill We See Hyperinflation? 10:55\\n\\n\\n\\nIs The Property Crash Inevitable In The Short Term? 12:25\\n\\n\\n\\nWhat Can You Do To Improve Your Finances During This Time? 13:55\\n\\n\\n\\nMy Strategy To Thrive During This Time 15:06\\n\\n\\n\\nWhat To Do If You Want To Take Advantage Of This Time In History 18:23\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nRay Dalio's Video on Cycles\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:00with everything that's happening in the world right now a lot of people especially my youtube comments are talking about how there is this inevitable property crash down the line an economic crash because while the government is propping up people now through this health crisis that as time goes on and people don't have jobs and can't afford their mortgages we're going to start to see this major crash and major decline in the australian property market so in this video i want to talk about whether or not the property crash that these people are talking about is inevitable and what are some of the things that suggest that it may happen and what are some things that suggest that the opposite may be true and we may actually be in for a bull run and markets do actually go up and assets to go up in value so we're going to talk about that and kind of have an honest chat about that in this video hi i'm ryan from onproperty helping you achieve financial freedom and while it's really interesting to look at these economic cycles and to try and predict the future with our crystal ball as to what's going to happen through this cycle and through this phase of the cycle what i actually think is more important is actually you and how you're responding to this and how you're improving your finances through this so for me personally while i think this is really interesting and while this plays a role in the decisions that i make i actually need to focus on myself and focus on creating good income for myself focus on setting up my financial future focus on creating passive income streams in my life so that when the cycles do come when these market crashes do come when recessions do happen that i'm set up because let's face it there's a lot of people losing their jobs at the moment but if you're one of the people who hasn't lost their job and you've still got a job safe steady income then you'll actually find through this and through recessions a lot of people are fine you want to not be one of those people that gets hit hard so that's the most important and we'll talk more about that towards the end but is a property crash inevitable the short answer is no the longer answer is maybe and the really long answer is yes and i'll kind of explain what i mean by that and it's a bit of tongue in cheek there but i'll explain what i mean by that so first thing is it inevitable so are we set for an imminent property crash in the next couple of months or within the next year is that definitely going to happen now i interviewed steve cain who is an australian economist back in 2016 so a little under four years ago now and he was talking to me then about the australian property bubble and how it was due to crash and how it should drop by about 40 or 50% he was talking about that in 2016 to me i'm pretty sure he was talking about that before the financial crisis and didn't really expect what the government would do to actually prop up the australian economy and to prop up ..."