Times have certainly changed. Especially when we look back over the years of the seventies and eighties ‘era style’ of property management that many will remember, with regards to rights, obligations, expectations and legislation.
However, the purpose of investing remains the same – ‘To create long-term wealth and a secure financial future’. It just comes with a few more compliance issues now, that really should be a common-sense expectation for all parties.
The media plays a huge role in how consumers, property investors and people react and feel in general. They can create false emotions that are not necessary in many of the circumstances.
The key to successful investing is not to get caught up or distracted by media hype. Yes, we need to be mindful of market changes and global economics, but at the end of the day we also need to stay focused on the end result, which is ‘Property investment over time will prosper’.