# 9 Michael Boersen | The Current State of Land
Will property prices keep going up? 🤔 This is a question we've all asked more than once. In this episode of First Home Foundations, we dive deep into the land and development market to uncover the truth. 🔍 Learn how COVID-19 has impacted prices, understand the latest trends shaping the home buying landscape, and discover expert tips for navigating the process. 🏡 This episode will explore: The impact of COVID-19 on the property market: How has the pandemic affected prices and demand? The current state of land supply: Is there enough land to meet the growing demand for housing? Expert tips for navigating the home buying process: Learn from the mistakes of others and make informed decisions. By having a better understanding of the hidden world of land and development, you will be able to make informed decisions about your home purchase. Discover the factors driving property prices, understand the role of land supply, and learn about the latest trends in property. Chapter Timestamps 0:00 Getting to know the guest 03:19 Investing in Managed Funds 06:05 Investing in Property 09:13 Lessons in Property 12:20 Purchasing Land 15:10 The effect of COVID in Melbourne 18:39 First Home Buying in Melbourne 20:55 Helping First Home Buyers 23:05 Prices in SE Queensland Properties 25:57 Land Supply 29:24 Property Prices Trend 38:01 Working with Builders 43:04 Build Quality of Homes 48:43 The importance of experts 52:29 Buying your First Home 57:18 Michael's Home Buying Journey