Off Plan Property - market collapses present opportunities, not problems
Inexperienced property investors are terrified by the thought of a recession decimating their property portfolios. Until you have invested through a recession, it’s natural to be worried. After all, during recessions people lose their jobs, wages are cut, and doom and gloom stop people spending what money they do have.
During a recession, stock markets will probably fall, and lower interest rates will reduce the income you receive on your savings accounts. For most investors, a recession spells losses.
In this post, you’ll find out why you don’t need to be scared of a recession as a property investor. You’ll also meet Dan, whose lifestyle was catapulted skyward through a recession because of his property investments.