Mastering The Emotions of Real Estate

Human beings are so irrational when it comes to real estate. We are a sensitive bunch, human beings. And when you study real estate you are studying what people think about property. Becoming a great property investor is about understanding psychology and behavioral economics. Today’s show is about investigating some of the dynamics of how people interact with the real estate economy.

On this episode -

6:14 - Mistakes people make when the market goes down

10:02 - Don’t follow the crowd with your investment decisions

14:03 - The optimism trap

16:49 - Beware of FOMO with your investments

20:35 - When the market is unsustainable

25:01 - The money-illusion

29:34 - Regret theory

33:51 - Mental accounting

Don’t hesitate to hit me up on Facebook @SamSaggers. DM me any of your questions :)

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Take care,

Sam