The Psychology of Property Hotspotting

Property Hotspotting is as much about a mindset as it is about spending days looking at statistics and spreadsheets, and the two approaches are powerful in combination.

Empower Wealth’s Ben Kingsley sat down with Property Observer to provide an insight to his philosophy of finding the next suburb to grow in value, particularly in terms of longer-term areas. In this short video, Ben talks about buying in major cities and what buyers need to be aware of is the difference between price takers and price makers. What drives the value in these areas and what are the future changes to these drivers? It property hotspotting, it is crucial to not only understand if the factors that drives the values in an area is a short term or a long term one because investing in property is a high-value transaction and very often, a long term investment.