As we approach the end of 2023, it’s time to reflect on the significant changes and growth we have experienced.
WELCOME TO SEASON 5 | EPISODE 39
Reflections on 2023
This year has been filled with challenges, opportunities, and valuable lessons. In this episode I share my reflections on 2023. I’ll dive into this year’s highs and lows, and discuss the impact they have had on the housing market, our lives, and our aspirations.
2023 has been dominated by discussions around interest rates, affordability, and inflation. These factors have greatly influenced the housing market and people’s ability to afford the houses they live in. We also witnessed a lot of fear-driven property dumping and buying. The fear of construction costs and uncertainty surrounding the market led many to make hasty decisions. While it’s natural to be cautious and reactive when our pockets are at stake, it’s essential to approach the market with a level head. When evaluating investment opportunities, consider the potential for reasonable interest rates and the specifics of each project.
A desire for more has influenced the property market, creating a demand for increasingly extravagant design choices resulting in inflated construction costs. Gone are the days of simple kitchen joinery and functional vanities. We now face the challenge of integrating numerous joinery elements throughout our homes, driving up costs and pushing the boundaries of functionality. By critically assessing our needs, wants, and future goals, we can design homes that strike the right balance. It’s essential to avoid falling into the trap of unnecessary expense and prioritize functional design that aligns with our budgets.
For me, this year has been one of significant personal and professional changes. As my family and I embraced the country life, we sold our beloved family home in Northcote and settled on 20 acres in Panton Hill. Additionally, we acquired a winery in Gippsland and embarked on transforming it into a remarkable space. These changes have highlighted the importance of connection and appreciation. I’ve realized the value of working alongside my husband, John, and the joy of creating a community of like-minded individuals. The trials and triumphs of our various projects have shaped me and strengthened my resolve.
As we look ahead to 2024, it’s a time to celebrate the progress we’ve made and to anticipate the boundless possibilities that lie ahead.
Wishing you a joyful and prosperous New Year!
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