UPI 54 – How to Understand Real Estate Stats
When it comes to real estate, there is a lot of data out there. Some of that data is important for your success as a property investor, and some of that data is absolutely useless or even misguiding. So what stats are you meant to pay attention to and what should you absolutely ignore?
This episode is a guide to real estate stats that is so simple that it could fit on the back of a beer coaster. Listen to this episode to journey through macro and micro data that will help you to excel as a property investor.
I also discuss –
4:04 – Knowing the data isn’t enough
6:51 – The 6 hat theory
10:38 – The most important things can’t be measured
23:05 – Beware the false growth cycles
29:42 – Macro-economic stats you need to know
31:50 – Price is the least-important stat
34:23 – Be smarter than the clickbait
40:50 – 4 ways money moves in real estate
51:28 – The best types of real estate to buy
Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions 🙂
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