Simon Pressley is founder and managing director of Propertyology and a Hall of Fame Inductee of Real Estate Institute of Australia. Simon has carved out a career that involves analysing the fundamentals of the property markets of every capital city and every regional location throughout Australia. Having studied Australian real estate history to the nth degree, Simon has an intimate understanding of the complexities of property markets, the machinations of the numerous inputs, and the knock-on effect that human actions have on property markets. There is no university degree or training course which teaches these things. When, during the onset of COVID-19, every single bank and a big bunch of economists were predicting the biggest downturn in Australian real estate history, Simon was the only person in Australia to correctly predict that property markets would actually boom and that it would only take a few months for that to occur.
How this property boom defies logic
The current boom’s causes pre date Covid, argues Simon Pressley