The Pyramid of Liveability
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Today we are digging into the Pyramid of Liveability and how it can create incredible wealth in real estate. There are magnets that pull people to certain areas, and the magnets in recent years have become increasingly related to lifestyle. With more people working from home, and with the smart economy creating more wealthy people, live, work, play, are the factors that are influencing people’s decisions on where to live. In this episode, I talk about the three different lifestyle chasers to know as a real estate investor, and I talk about why the best real estate decisions are the ones that factor in traditional economics and behavioural economics.
1:56 – The economics every real estate investor should know
3:58 – The basics of the Pyramid of Liveability
6:16 – 3 distinct lifestyle groups
13:03 – Economic trends to follow as a real estate investor
15:27 – What the work from home movement means for real estate
16:36 – The hotelification of real estate
33:28 – The importance of mobility and accessibility
42:32 – Four forms of money
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