Time Preference & The 4 Key Factors To Real Estate Decision-making in Singapore | NOTG S3 Ep34

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 --------------------------------------------- List of Links PLB Our Main Website: https://www.propertylimbrothers.com/ YouTube:    / @propertylimbrothers   Facebook:   / propertylimbrothers   Instagram:   / propertylimbrothers   TikTok:   / propertylimbrothers   NOTG Website: https://www.propertylimbrothers.com/n... YouTube:    / @notgpodcast   Facebook:   / notgpodcast   Instagram:   / notgpodcast   TIkTok:   / notgpodcast   PLB INSIGHTS YouTube:    / @plbinsights   Website: https://plbinsights.com/read-all/ Facebook:   / insightsbyplb   Instagram:   / insights_plb   Webinars: https://www.propertylimbrothers.com/w... Melvin About Melvin: https://www.propertylimbrothers.com/o... Facebook:   / melvinlimwk   Instagram:   / melvin_propertylimbrothers   LinkedIn:   / melvin-propertylimbrothers   TO LIST YOUR PROPERTY https://www.propertylimbrothers.com CONTACT PLB HOTLINE AT https://wa.me/6597457388 NUGGETS ON THE GO Spotify: https://spoti.fi/3u8UFsR Apple Podcast: https://apple.co/3cvBaEH SOFA SO GOOD Spotify: https://spoti.fi/2PdqqSs Apple Podcast: https://bit.ly/plb-sofasogood Disclaimer of NOTG Podcast: https://propertylimbrothers.com/discl... "This podcast is for informational and entertainment purposes only. The views and opinions expressed on this podcast are solely those of the host and guests, and do not necessarily reflect the views, opinions or positions of any individuals, organizations or companies mentioned or discussed on the show. The content provided on this podcast is not intended to and does not constitute legal, financial, or professional advice, and is not a substitute for professional advice. Listeners should not act upon any information provided on this podcast without seeking advice from a professional. The host and guests on this podcast make no representations as to the accuracy or completeness of any information on this show or found by following any links mentioned on this show. The host and guests will not be liable for any errors or omissions in this information nor for the availability of this information. The host and guests will not be liable for any losses, injuries, or damages from the display or use of this information. Listeners of this podcast assume all risks and responsibilities for any actions taken based on the information provided on this podcast. The host and guests disclaim any liability for any claims or damages that may arise from reliance on the information provided on this podcast."