That’s what I’m talking about! The property market, that is. Judging by the length of time I just spent scrolling through the offerings on my real estate app, it’s bouncing back from a bit of a tumble at the hands of a particularly nasty flu season. As a prolific property investor, this bodes well for me. I was starting to fear that all the rigmarole had been for zilch.
Evidently, people are still keen to buy property regardless of whether or not they have the flu, which makes sense when you think about it. Granted, there seems to be a trend towards moving away from the city centre, and all my properties are fairly metropolitan. It does make me wonder if I should have had more foresight around my more recent purchases, but then again, I’m not a psychic.
I remember my brother Malcolm mentioning this offhandedly, the very moment I’d completed the conveyancing and settlement on my most recent acquisition. The ink was literally still drying on the contract. I mean, it would have been literally still drying if it hadn’t been an e-signature scenario. Maybe there wasn’t even a signature at all. Whatever.
To add insult to injury, it was Malcolm who had originally suggested I buy in the inner city suburb in question. He even set me up with conveyancing local to St Kilda. I kind of assumed, then, that he believed it all to be good buy. I tend to think of him as good authority on real estate, as he’s had a fair bit of success leveraging undervalued properties in up-and-coming areas to his advantage.
I was like, Malcolm, why didn’t you mention this earlier? He said he thought this was common knowledge and didn’t really warrant a mention. I suppose that’s fair, now that I think about it. It’s up to me to do my own due diligence. In the end, I suspect that some people are going to want to be by the water, for the curative properties of Antarctic negative ions and whatnot.