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Build Wealth In The Tough Times.

Sep 13, 2024

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Sharp investors increase their wealth in the tough times and usually work in the opposite direction to where most people are taking action. In short, they seize the opportunity and take more risks by not following the herd.

The predominant trend over the last few years has been people downsizing. Higher inventory levels and fewer buyers in the higher price brackets has brought prices down proportionally more than in lower brackets where sales activity has been higher. The result is the property market is like an accordion squashed in on itself. Astute buyers are seizing this opportunity to sell their homes and buy up to homes at much greater value for a smaller price jump than in normal or booming markets.

The current state of the market offers an opportunity to build wealth by trading up while price differences are less than the true value differences.

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