The next Property Boom may last to 2050
With Australia’s projected population revised by 7 million extra to a projected 35 million by 2050, this means we will need an extra 70,000 homes a year, according to an HIA spokesperson.
Australia already has a substantial gap between supply and demand and can’t build enough properties to keep up.
And the Global Credit Crisis has simply caused this gap to widen, with many Developers unable to get finance to complete existing developments or start new ones.
Thus the gap is set to widen with obvious consequences for house prices and rents and affordability.
Despite these obvious long-term pressures on house prices, there are still a few so called commentators who delight in trying to talk people out of Property investing, because it’s going to crash.
Professor Keen and others such as Neil Jenman claimed prices would crash 40% because of the Credit Crisis.
As predicted by myself and others, it wouldn’t happen and it didn’t.
Shares crashed by up to 80%, whereas Property in many places didn’t drop but remained flat. Other suburbs had a small drop which has largely recovered already and are on the rise again.
The larger drops were restricted mainly to the top end, particularly in suburbs like Mosman in Sydney, however even this suburb has seen some significant price rises of late.
Despite this, they are still claiming Australian Property will crash.
There are also some intelligent people who believe the Earth is still flat and belong to the ‘flat Earth’ society, despite the majority accepting it’s not flat and dealing with an updated view of the world.
I’m not saying Property will be all smooth sailing, but I’m strongly suggesting the fundamentals do not suggest a Property Crash of significant proportions.
Personally I think many of the so called Property Naysayers have ulterior agendas.
Some being, they dislike Financial Educators like me who have made millions from investing in Real Estate and don’t like us inspiring others to make money from Real Estate as well.
I mean, are we meant to keep the truth a secret and not disclose one of the most obvious secrets of the wealthy in Australia?
I’ve heard many sad stories of people that have listened to the naysayers years ago with tears in their eyes, as they now realise how much money they’ve lost by listening to those with agendas.
I mean who would have liked to have bought more Real Estate 15 years ago in Australia?
Of course, we all would have.
But that’s hindsight.
To become wealthy we have to have courage and take foresight.
And I’m willing to bet that in 15 years’ time there will be more tearful people who listened to the naysayers and didn’t invest into quality Australian Real Estate and will be regretting it.
My advice…
Get educated, have courage, ignore those naysayers with agendas or bias and make intelligent decisions and above all, take action.
It’s what you do today that will determine your results in 5, 10, or 15 years from now.
Personally, I’ve inspired tens of thousands to become investors in Australia and around the world over the last decade.
And to highlight I’m not bias towards Property, I’ve taught people also to profit from the Share Market via Share Renting and other effective strategies.
You see if you make a fortune from Real Estate or the Share Market, I don’t make anything from that. I have no bias, other than as an educator to want my students to succeed as much as possible.
I was thinking the other day just how much money has been made by the Real Estate Industry and the Share Broking Industry because of the tens of thousands of investors 21st Century has educated and inspired to become active investors.
The only industry that hasn’t liked what I’ve done is the Financial Planning Industry, as when you learn how to invest yourself, you rarely, if ever, require them.
And that’s tens of millions in commissions and fees that industry has missed out on because more and more people are getting educated.
Ignorance is not bliss.
Ignorance results in Financial Pain in life and being easily fooled by the naysayers in life.
My millionaire mentor always said;
“Jamie the key in life is not to be cynical and never take a risk, nor to be too gullible and fall for anything, but to have a healthy dose of scepticism. And remain open minded so you do your due diligence and take intelligent action, rather than being paralysed by fear, or doing something you’d later regret”.
Thus why most never make it financially.
It’s not because they can’t, it’s because they are either too cynical or too gullible.
Tread the path down the middle where it’s less crowded.










Thanks Jamie, my husband and I are about to take the plunge and invest in Real Estate after being too fearful in years gone by and missed some excellent opportunities.
These naysayer are people that we don’t need in our face feeding our self doubt. Thanks for the advice.
Awesome Jamie.. and I am totally with you on that path..
i couldn’t agree more with you Jamie. i guess our world will never stop growing and people who are missing out on a good opportunity with real estate, should really take a good look around themselves, knowing this the right time to be buying. if you want a new home for your family in the suburbs where it’s close to schools and the city, then my advice, as well as everyone else’s — start buying a new house TODAY! you’ll never know what you are missing out on.