{"id":3018,"date":"2022-07-07T08:27:26","date_gmt":"2022-07-07T08:27:26","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/heres-how-to-survive-difficult-property-markets\/"},"modified":"2022-07-07T08:27:26","modified_gmt":"2022-07-07T08:27:26","slug":"heres-how-to-survive-difficult-property-markets","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/heres-how-to-survive-difficult-property-markets\/","title":{"rendered":"Here\u2019s how to survive difficult property markets"},"content":{"rendered":"

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\n<\/p>\n

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I hate to repeat what everyone else is saying, but clearly, we are living in challenging times.<\/p>\n

Despite all the bad news in the media, there is also good news out there if you look for it.<\/p>\n

\"Oliver<\/p>\n

But there\u2019s no doubt there are still many challenges ahead of us<\/p>\n

    \n
  1. The Corona Virus Pandemic is still hanging over us<\/li>\n
  2. Inflation is on the rise as are interest rates.<\/li>\n
  3. There is concern that property values will fall<\/li>\n
  4. There is political and social unrest around the world.<\/li>\n
  5. There’s even talk of a recession caused by the rapid rise in interest rates<\/li>\n<\/ol>\n

    It\u2019s easy to forget the good times we experienced not that long ago.<\/p>\n

    It\u2019s easy to forget that this phase is just part of the normal economic and property cycle.<\/p>\n

    \"Business<\/p>\n

    Sure we\u2019re heading into the Winter of the cycle but just like in nature, Spring follows Winter.<\/p>\n

    It has for tens of thousands of years and I\u2019m prepared to put my money on the fact that it will happen again this time<\/p>\n

    I came across the following story from one of my early mentors, the late Jim Rohn<\/a> that puts things into perspective.<\/p>\n

    It\u2019s definitely worth the short read\u2026<\/p>\n

    He’s what Jim Rohn said…<\/p>\n

    If you change yourself, you can change your life<\/span><\/h2>\n

    Life is about constant, predictable patterns of change, and the only constant factor will be our feelings and attitudes toward life.<\/p>\n

    We as human beings have the power of attitude and that attitude determines the choice, and choice determines results.<\/p>\n

    All that we are and all that we can become has indeed been left to us to decide and interpret through our attitude and choices.<\/p>\n

    Life is like the changing seasons\u2014you cannot change the seasons, but you can change yourself.<\/p>\n

    So the first major lesson in life to learn is how to handle the winters<\/span><\/h2>\n

    They come regularly, right after autumn.<\/p>\n

    Some are long, some are short, some are difficult, and some are easy, but they always come right after autumn.<\/p>\n

    That is never going to change.<\/p>\n

    \n

    There are all kinds of winters: the \u201cwinter\u201d when you can\u2019t figure it out, the \u201cwinter\u201d when everything seems to go awry.<\/p>\n

    There are economic winters, social winters and personal winters.<\/p>\n

    Wintertime can bring disappointment, and disappointment is common to all of us.<\/p>\n

    \"winter-house\"<\/p>\n

    So you must learn how to handle the winters.<\/p>\n

    You must learn how to handle difficulty; it always comes after opportunity.<\/p>\n

    That is never going to change.<\/p>\n

    The big question is what to do about winters.<\/p>\n

    You can\u2019t get rid of January (American winter) simply by tearing it off the calendar.<\/p>\n

    But here is what you can do: You can get stronger; you can get wiser; you can get better.<\/p>\n

    Remember that trio of words: stronger, wiser, better.<\/p>\n

    The winters won\u2019t change, but you can.<\/p>\n

    Before I understood this, I used to wish for summer when it was winter<\/span><\/h2>\n

    When things were difficult, I wished they were easy.<\/p>\n

    I didn\u2019t know any better.<\/p>\n

    \"Property<\/p>\n

    Then my mentor Earl Shoaff gave me the answer from a part of his unique philosophy when he said, \u201cDon\u2019t wish it were easier, wish you were better. Don\u2019t wish for fewer problems, wish for more skills.<\/p>\n

    Don\u2019t wish for less challenge, wish for more wisdom.\u201d<\/p>\n

    Another great lesson from Jim Rohn.<\/p>\n