With the Coronavirus outbreak spreading across the globe and impacting the economy, it begs the question… Is buying property right now still a good idea?
Well, without giving away today’s episode, the message we want to put out there is this… Keep Calm and Carry On.
Because when wide-spread contagions like the Coronavirus break out, they snowball into something else that’s also highly contagious… irrational human behaviour. So, our intention with this special episode is to separate facts from fiction so we stay informed about what’s really going on here without exasperating the issue until we have a crisis of confidence on our hands.
While we’re 100% NOT health experts, we’ve taken some very useful snippets from a recent ABC’s 7.30pm program, so you can hear from those who are experts on infectious diseases. They will give you a clear look at the Coronavirus, explaining in detail how it’s spread, who’s most at risk, what you can do to protect yourself and – perhaps most importantly – give you a realistic look at the numbers.
We have a few tidbits to add on the property side, incl. the Coronavirus’s potential impact on property prices and who should be mindful of taking out a home loan during this time.
Basically, for the majority of folk, it will be this… go full steam ahead. Don’t stop what you’re doing. Don’t be irrational. Just keep calm and carry on…
(And for goodness sake, don’t hoard the toilet paper… it only exasperates the issue! 🧻🧻🧻 )
Psst… in case you’re wondering, we’re talking about our epic New Framework NEXT WEEK!!! (Today’s episode just couldn’t wait 😉)
Free Resources Mentioned
- 7.30 Report: Coronavirus Special
- FACEBOOK LIVE with Nerida Conisbee: This Fast Food Chain Impacts Property Prices… PLUS The Coronavirus’s Impact On The Economy
- BEN’S RBA Announcement: RBA March 2020 – The Coronavirus Spreads Right Across The Economy
- Episode 273 | Calling out the Bad Guys – How we Found our Voice & Our Top 5 Frameworks to Defend Against Bad Advice
- FACEBOOK LIVE: The Top Frameworks & How They Work Together
- FREE REPORT: Our Top 5 Frameworks for Property Investors
- THE BINGE GUIDE: The Gold From Our First 20 Episodes
Last week’s Freebie
Yup, we’ve curated all the frameworks mentioned last week and threw in all the links to the episodes and videos! Just fill in the form below and we’ll email the list… and heaps more!
- The FACTS of Coronavirus – incl. symptoms, fatality rate, prevalence, the chances of getting it, what to prepare for
- How you can PREVENT yourself from getting Coronavirus
- What causes an economic slowdown?
- Coronavirus’s impact on Property Prices
- Who should be mindful of getting into debt right now?
- Is now a good time to buy?
- How should we respond to the uptick in panic?
- Key Takeaways for Property Investors…