My Relationship Busted Over Property
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What stresses can impact relationships during financial crises?
It's The Real Estate Podcast, brought to you by Ray White, the largest real estate and property group in Australasia. And welcome to another episode of The Real Estate Podcast. We're talking to Joanne Wilson, a neuropsychotherapist and the relationship rejuvenator. Welcome to The Real Estate Podcast, Joanne. Oh, it's so great to join you, Craig. Thanks for having me. And it's great to have you on. You know, it doesn't matter what is going on in our lives. We all have different levels of stress. And when you add in the pandemic on top of these stress levels, sometimes it can be a little bit overwhelming. And unfortunately, one of the byproducts of investing in real estate can elevate our stress levels.
Then you add in, for good measure, the relationship.
How can stress levels affect our relationships?
And if that starts to stress, then it's no wonder that a lot of people are stressed out. Yes, Craig, you did mention stress and I think that's almost something that we can't see but has been affecting relationships more than ever. And I'll even say that, yeah, I have definitely suffered additional stress and I think it's more the uncertainty. We thrive on hope for the future. And whilst things are improving, for a long time there, it really was causing a lot of trouble with couples because if we're not putting forward our best version of ourselves... it's really hard to contribute to a great, thriving, dynamic relationship. So when you've got these really high stress cortisol levels running rampant and you're really not even noticing that that's happened, I think it's just really helpful to realize that when you are keeping your stress levels low and when you are managing your stress well through all the different strategies,
that coming through the pandemic that hopefully things will improve a lot more. But I think that was probably the main thing. And the couples that really anticipate adversity, like no one knew that we were going to get a pandemic, I must admit. I'm not sure how many people knew that was coming. But I think it's just helpful to realise that any adversity is going to happen and a full life is full of challenges. And we've got to have that comparison between the good and and the bad and couples that know and can really band together. They're the ones that have fared well, the ones that don't really talk about that and are the ones that really have struggled. So probably they're the main two things is stress and anticipating adversity.
And do you find that people are very sort of withdrawn as a result, like when this starts to take over in terms of stress, do they just kind of internalise a lot of the problems? I think people do it differently, Craig.
What role does communication play in managing financial stress?
Everyone responds differently to adversity. So some people definitely suffer from depressive symptoms and can withdraw, don't want to see people. Some people can be quite out there and scrambling to make connections or calling people or making it quite public on social media. So I think it depends on who you are as to how you manage your stress, but... Whatever you do, I think, is to ensure that you do have solid relationships. That's where I come in and probably a little bit unbiased to say that healthy relationships, not even just the intimate ones, but having a community that you can rely on is definitely the underpinning for your mental health and that supports reducing your stress levels. And have you noticed that your clientele, like we've discussed this quite a lot on the Real Estate Podcast, and that is there seems to be this huge emphasis now on
as a result of the pandemic, about home and the safety of home. As a result, we know globally around the world that real estate has just gone up and up and up and up. It's reversed every single trend because when the pandemic first broke, there was all the news that there was going to be doom and gloom, but that hasn't happened. So I just wonder if that is kind of echoed when you've sat down talking to some of your clients about whether or not they've bought an investment property, whether they're talking about the home, selling the home and that sort of thing.
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Chapters
6 chapters
1
What stresses can impact relationships during financial crises?
0:02–0:51
2
How can stress levels affect our relationships?
0:51–2:43
3
What role does communication play in managing financial stress?
2:43–4:20
4
How do different people respond to stress and adversity?
4:20–6:28
5
What impact has the pandemic had on home and relationship dynamics?
6:28–8:49
6
What strategies can couples use to navigate financial disagreements?
8:49–9:26
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