For those of you that are not in the mood to buy your property today. This article gives a perspective on managing the noise so you can proceed towards an informed decision; that it is an ideal time to buy a property, especially with AffordAssist. The current mood plays a role for many in whether or not they choose to buy now.
Mood – noun – a temporary state of mind or feeling.
What is causing this mood?The media is only able to influence the readers for a short period, hence the repetitive nature of this method of communication. News about property attracts eyeballs, bad news doubly so.
The mood is not created by the mediaFor the past 30 or so years in real estate, I have seen many shifting headlines and heard many commentators share their views on the economy and property industry. My sense is that the present mood is not a direct result of the media channels and it never has been. In most cases the media is trying to predict what the mood is. No, I sense as Australians we see and hear where these headlines are going and have deciphered their true motivations. My take is the mood of a family, state, nation or people at a given time is more a delicately balanced level of security. A fickle feeling within us that determines much. Do we feel safe? Do we have clarity of thought? From this mood, a number of feelings are expressed: cautiousness, hope and excitement all contribute to our decision making process. The mood may be created due to the interpretation of the myriad of conflicting signals that surround us, thus also creating anxiety and fear which further fuels the mood. Maybe even mental health concerns, depression and family disunity.
Just not feeling it at presentThe reason why some try to shift into a feeling or mood is the need to find comfort in removing any form of doubt and instead replacing this with questionable certainty. This may result in going along with the view of the fickle masses. Making you feel empty. Something is missing. How long can you keep ruminating….?? Not everybody wants to buy a property. Some will argue:
- that renting is better
- they are waiting for a better time, maybe
- they are waiting for an inheritance
- that someone, somehow, will make it possible with no effort; i.e. the government
- they don’t have enough cash
- that investing in the stock market is better
- the cost of living is too high
- that others are not doing it