Father warns the Australian Real Estate Market Is Set for a major Correction

 My father had a front-row seat to the global real estate market, with over 55 years of experience spanning Canada, the United States, and Bali, he's seen every possible market scenario—the dizzying highs and the hard-hitting lows.

Father Lawrence speaking at real estate expo 19 years ago

His insights aren't just from a textbook; they’re from a lifetime of hands-on experience.

For a long time, he's been warning that the relentless rise in real estate prices in Western countries, especially, Australia, is simply not sustainable.

He always says that a market cannot defy gravity forever. 

While everyone talks about demand, my father explains that demand ultimately disappears when prices reach a point where no one can afford to buy. 

We're now seeing a disturbing trend where people with full-time jobs can’t even afford to rent, let alone purchase a home. This is the ultimate red flag.

My father believes a market correction is coming, and it's as inevitable as the changing of the seasons. He isn't saying this to cause panic, but to encourage preparation.

His best advice to anyone in the market today is simple: be proactive. He believes that if you're in a position to sell, you should consider doing so.

Based on his experience with past cycles, he predicts that once the market bottoms out, you could have the opportunity to buy back in at a discount of 30 to 70%.

And for those looking for a different path, he always points to the opportunities we know firsthand. In Bali, for example, you can still find a two-bedroom villa with an 80-year lease for as little as 4.4 Miliar IDR ( approximately $440,000 AUD.)

 

Bali Luxury Retirement Villas

It's a different way of thinking about investment and lifestyle.

This isn't about fear; it's about positioning yourself wisely for what's ahead.

My father has built his career on understanding these cycles, and his guidance has always been about preparing for the future. 

For more of his insights and our listings, you can visit our website: www.bestbalirealestate.com.