Episode 16 | The truth about what really makes property prices go up or down | Luke Metcalfe, Microburbs

Is it possible to do long term property forecasting?

Have you ever wondered what you should be looking for in a property? Does infrastructure matter? What about the impact of driverless cars, noise cancelling and the changing nature of the workplace? The answers are in the data and Luke Metcalfe opens a fascinating window into what really matters. We discover:

• How machine learning can help us understand the property market and where it falls short.

• The 8 criteria that matter when determining future price growth.

• The importance of liveability and how it impacts land value.

• What else you need to know about train stations.

• Problems with short term data versus long term hold strategies.

• What banks do with renovation data.

• 3D imaging, voice activation, drones & image recognition; what will they mean for the property industry?

• Red herring data and the truth about space and tranquility.

• The ethnic predictors of poor growth.

• The behavioural biases that good data can help us overcome

The future meets the past in this interview. And don’t miss the biggest single factor that affects price growth.

Links:
www.microburbs.com.au
www.rapint.com