Hi guys, in this video, I want to be talking about the coming construction industry boom.
Is it here now? How to identify it and how to get involved in it?
Alright Shaun. So we're at a very excited time.
Most people are seeing recession. It's in the headlines everywhere, but in fact, you're talking
about a construction industry boom. Why are you thinking that way? Explain what that's about.
It's, look one follows the other, you know, as anybody can see in the recessions have the peak,
the down, we've got a boom. So we've got to mid cycles. The best way to relate this is just look
back at the GFC. It wasn't that long ago, all of us can identify with it. And I'd say we're
roughly, if you knew how to put a date on it, where at 2007 heading into 2008. So we know that
we're about to have drops in property prices, but at the same time, we start seeing the emergence of
the property boom, and where that starts is off the plan property. It gets spiked or energized
by the government and doing all of the subsidies that they're doing at the moment, because they're
trying to raise the economy. So what we see is just the massive increase in property purchases,
you know, and, you know, interest rates down to like, what did I have, like 1.3%
at the moment. So that's how we identified the where we're at at the moment.
So what you're saying is that we can identify the conditions by looking at the last recession.
We sort of still on the way in, but all of those stimulus measures such as money from
the government, new home grants, low interest rates mean that we're priming ourselves for
sort of a massive property boom, coming out of the recession. Have I got that right?
Absolutely. And that's what energizes the construction industry because the government gets
behind it and says, right, we're going to spend trillions of dollars on the construction industry.
We're going to improve lots of infrastructure play, which is roads and bridges, et cetera. But
also there's those stimulus packages that we spoke about, you know, first timers grants,
builders grants, whatever it is. So that's why we say the construction industry start to boom.
And as this video, we're talking about the construction industry itself. So it's not just
looking at the property cycle of the off the plan properties. We know we're going through that boom,
but just the engagement by the government for all of that building, we start to see, you
know, and this is the areas that I'm identifying. Look at everything around building, look at crane
companies. I'm looking very deeply at crane companies and investing in those at the moment.
Anything to do with the construction industry at all is where we're starting to see this
growth. And they're bringing on contracts. For example, when the government says we're approving,
you know, an extra $200 billion of infrastructure projects in Southeast Queensland, that's not built
today. That's being built over the next three to five years. So they start buying more machinery,
hiring more staff, getting in more product. So we know that that's not today, that they're trying to
make the money. They're trying to make the money over the next three years. So as we come out
of that recession naturally, we've got a boom in that property sector and it's Australia, you know,
we're resource and property industry. So what I'm hearing is that we can think
across the entire construction industry. And I know everyone's used to sort of thinking about
investing in real estate, maybe connect with a developer, buy property, et cetera. How do you
find a way beyond buying a crane company, which might not be accessible to everyone right now?
What are some good ways to get involved as an investor in that massive windfall of
infrastructure development that's happening right now? How do I put my 10 grand, 20 grand, 50 grand
into something that can leverage that momentum? This is a great question. And I encourage everyone
to do this. Number one, become best friends with your accountant. That's the first step because
he's going to help safeguard everything you're doing. So get your tribe together, or your village
together. Number one is the accountant. Number two. Look, it really is as simple as the example
of the crank company. If you've got friends who are builders or friends who are looking to expand
their business, friends who are right now doing poorly because of the current environment and
need some money to get by. Leverage that money into a place of ownership of that business.
A lot of these guys have got projects in the future, but they have no income now. So use your
account to help safeguard that money you're going to don't invest blindly, but that you can actually
safeguard that money as well and get involved in, honestly, it's almost like taking a shotgun blast.
It pretty much doesn't matter which aspect of the construction industry you want to get into right
now. They're all going to be doing really well over the next sort of three and five years.
For those of you who'd like to find out more or maybe participate in one of our training programs,
please find us online shaunfox.net and we will see you there.