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!
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