The key to greatness in life, is to realise that you don’t need to reinvent the wheel.
You can learn from the mistakes and wisdom of others.
As Isaac Newton said: ‘If I have seen further, it’s because I have stood on the shoulder of giants’.
So, what can we learn from intellectual giants of past years that can help us be better property investors?
Well here’s a quote that we can all learn from.
“It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” Charles Darwin
Responsiveness to the changing property market is critical.
You see, people who continue to follow the old investing playbook…
Buy a property near them in their own city and wait for it to grow…
Are likely going to have a “challenging time” in coming years.
That’s because the wave of capital growth is shifting – and many suburbs that have performed well, are likely to flat line for up to 5-7 years.
That’s simply because average families in those areas are ‘maxed out’ – they can’t afford to keep buying houses at the current prices.
Wages are not keeping up with property price growth in many areas. You’ve seen this happening with your own eyes.
The exciting news is, at the upcoming Property Wealth Masterclass Todd Polke will talk you through the property clock…
And show you which areas have all but peaked…which areas still have some gas in them…
And which areas may be next to positively boom.
Don’t miss this….That’s because understanding this could make $100,000’s of difference in your next investment.
But you must hurry, because registrations for this event will close soon.