Note: This episode is a re-run of one of our older episodes. It originally aired on 12th November 2015 😊    In today's episode, we dive deep into why the old adage of 'location, location, location' still rings true for property investment. We explore how 80% of your return is determined by where you buy, and only 20% by what you buy.    One of the three filters in our asset selection criteria is scarcity, and today we take a close look at that concept. What exactly do we mean when we refer to scarcity in property investing? Are there certain elements in particular to look out for that will increase your property’s value?  Throughout the episode, we'll also underscore the importance of considering owner occupier appeal in your investments, why developers favour high-density projects, and why smaller investors should hone in on scarcity in top-tier locations.  Get comfy because this bonus episode is all about helping you understand the crucial role of scarcity and how it can ensure your next investment decision is a savvy one!    Free Stuff Mentioned  FREE PROPERTY REPORT: Learn how your suburb is performing in this comprehensive 39-page report. A treasure trove of data insights + 20 key stats covering long-term growth, market cycle timing, days on market, etc. Get it while it’s free! Previous episodes with Peter Koulizos – The Property Professor Ep 30 (Part I): Five Golden Rules of Property Investment Ep 30 (Part II): What is Gentrification and Signs to Look Out For Ep 204: What He’d Like to do About Negative Gearing Ep 241: 12 Steps to a Profitable Property Development Ep 288: How He Survived Multiple Recessions & Why He Still Believes in Property, Even During a Pandemic  LISTEN TO THE FIRST 20 EPISODES HERE >> MOORR MONEY MANAGEMENT APP: 👉 Apple: https://apple.co/3ioICGW 👉 Google Play: https://bit.ly/3OT86bW 👉 Web platform: https://www.moorr.com.au/ FREE MASTERCLASS: - How to Build a Property Portfolio and Retire on $2,000 a week >> FREE BEST-SELLING BOOKS: - The Armchair Guide to Property Investing - Make Money Simple Again FIND US HERE: - Website - Instagram - Facebook - Youtube