Wednesday, February 4, 2009

The market is great! Stay positive!

Hello to everyone.

The first month of 2009 has been a very active one for the real estate world.

For those of you buying it's a great time because there's plenty of property out there to choose from.

For those of you selling it's terrific because there are plenty of people out there looking to buy and many of them are ready to use their first home buyers grant.

As a community we need to make sure we stay positive in these times. Sometimes that's difficult to do when government leaders and the media are constantly telling us how awful everything is.
I urge everybody to take a closer look before deciding to panic about the economy.

The Government
Unfortunately governments of all persuasions sometimes tend to put politics before economics when things are tough. Today's government is no different.
Our government is currently building up the global financial crisis into the greatest doomsday story in history. The reason they're doing this is to create a fall back position for themselves so when the outcome is half as bad as what they said it was going to be they'll come out smelling like roses.
This is a simple political tactic that we must try to ignore. We must stay positive.

The Media
Print, T.V. & radio press love crisis. They love disaster, misfortune and sorrow. Why? because we as a population watch it, read it and listen to it, therefore the large media companies make money. It's in the best interests of the media to inflate the doom & gloom because it's profitable.
We need to try and filter out the information we get from the press. A good rule of thumb is to "have it and halve it".

The Reality
We as a nation are still in great shape. Australia is in the best position in the world to tackle this so called crisis. Out of every problem comes a solution and there are always positives out there. For example, the real estate market is great at the moment.

Take a drive around Devonport this weekend and see how many people are out eating at places like the Elimatta & Molly Malones. Take a look down the Rooke St. Mall in Devonport to see how many people are out shopping. I assure you the numbers are still good. If you don't live in Devonport check out your own home town.
These things are often the best indicators of how the economy is travelling, not what Govt. and the media have to say. The simple day to day things are the best indicators.

Stay positive everyone!


Buying or Selling Real Estate - Halliwell First National Real Estate.

Alan Halliwell - Director.

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