Chris Bates
speaker
1,659 appearances
5 recordings
1 series
first heard Jun 2021
last heard Dec 2022
Chris Bates’s voice in public audio — every appearance, attributed to the second.
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Appearances
So the aspirational, the higher end of the regions, I'm a bit more confident on, but the affordability part is,
Also, because prices are higher, it's now less affordable.
And so people are less likely to move to the region.
So it's got to be really careful with the regions.
I think people are just hitting and hoping because they can't afford the capital city.
And you could very easily say, higher interest rates put pressure on them.
And then people come back to the city if the return to works aren't as favorable for their roles.
Absolutely.
And that's the thing, you know, if you can, if you can rent in these regions first, that de-risk your personal sort of risk of going there and then having to come back and yeah, the financial cost of all that.
Absolutely.
This is one of my biggest pet hates, I guess you'd call it, you know, family members getting involved and either creating even more anxiety and FOMO, you're not successful to your by-property so they can tell their friends and how successful their kids are.
I think brothers and sisters, you know, putting pressure on their other brothers and sisters to, you know, follow them or colleagues or,
or friends, et cetera, giving them tips.
A lot of people act as financial advisors for people without any sort of knowledge or real true knowledge on the, and what worked for them 10, 20 years ago isn't going to necessarily work for you today.
And so you've got to be really careful.
And also at the moment, you've got to be careful of them all talking you out of it.
Oh, I can't believe you're buying a property at the moment.
That's just crazy.
Prices are going to fall.
And people talk you in and they also talk you out of making a good decision for yourself.
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