Property Investment Myth: Property Doubles Every 7-10 Years

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📽️ CHAPTERS
0:00 Introduction.
1:38 Show starts.
3:30 A common saying that I hear a lot of property investors say once and again: “Property value double in value every 7-10 years”.
6:25 It’s a very misleading saying, some properties double, some triple, some don’t go up in value at all.
7:00 We should look at the median and averages to explain why this saying still exists.
8:45 It doesn’t happen to EVERY SINGLE property.
9:37 What does financial freedom for you?
11:25 Most people I talk to create a portfolio of about 4 to 5 investment properties, what would be their destination in 15 years time?
12:30 Cashflow in your acquisition phase.
15:15 This is a 15 to 20 year process, not 7 to 10. You’re in for the long term.
17:40 Let’s have a look at some recent statistics. Median house prices.
19:20 Let’s have a look at some RP Data information. Years to double.
21: 15 How can you make that go faster? You buy a quality property in the right location.
23:20 The process, simplified.
24:01 Closing thoughts.

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