Time Preference & The 4 Key Factors To Real Estate Decision-making in Singapore | NOTG S3 Ep34
Video description from @notgpodcast
Melvin Lim from PropertyLimBrothers delves into an economic theory, speaking about the Time Preference Theory and how it's interconnected not just with economics, but also with real estate. In essence, when is the right time to make the transition from renting to owning a home?Find out how low and high time preference play a significant role in decision-making and learn about four key factors to understand before making any significant decision, whether it's related to investments, personal finances, or even life choices. This episode serves as a prelude to upcoming ones, so tune in to this one and get a head start!
00:00 Intro
01:03 What is time preference?
02:55 High / Low-Time Preference
05:37 Example : High Time Preference
08:13 Example : Low Time Preference
09:12 Low time Preference VS High time Preference - Salesperson
11:31 Time Preference as property buyer or investor
14:58 Deciding Your Time Preference
19:45 Oversea Property Investment
21:16 Singapore Property Market - Demographic
23:32 Wrap Up
#PropertyLimBrothers #notg #podcast
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