In this episode, we dive into the fascinating world of real estate investing, through the lens of behavioral science, economics, and emerging technologies. Gone are the days of location alone being the golden rule of property investment. Today’s savvy investors are employing a range of insights and tools to stay ahead of the game and we’re here to learn more. Guiding us through this is property and real estate lecturer Yang Shi, who sits on the faculty of Deakin University’s Department of Finance. Coming from a background in mathematics at undergraduate level, Yang Shi recently received her PhD degree in finance from The University of Melbourne, and her primary research interests lie in real estate finance and behavioral economics in housing markets.  In this episode, Yang Shi explains the common behavioural biases at play in the real estate investment world, such as recency and overconfidence. She explains how we can harness PropTech (property technology) to advantage us and do our own research on the market, keep on top of the news, but also take into account historical data.  Together, host Sarah Stancombe and Yang Shi discuss seeking advice from professionals on financial matters. While you should do your one research to avoid paying a premium for the ‘information cemetery’ that a professional might charge, you should also listen to their advice and not be over-confident in what you’ve been able to research yourself. It is good to be aware, be careful of believing you know everything.  Follow Yang Shi’s work via the following links:https://sites.google.com/view/yangshi/homehttps://experts.deakin.edu.au/67781-yang-shi  Connect with Yang Shi on LinkedIn: https://www.linkedin.com/in/shiyangnicole/  Produced by the Affluence Science Labs, a division of LMSL, the Life Management Science Labs.  Explore LMSL at https://lifemanagementsciencelabs.com/ and visit https://affluence.lifemanagementsciencelabs.com/ for additional information about Affluence Science Labs. Follow us on social media to stay updated:YouTube: https://www.youtube.com/@AffluenceScienceLabs Facebook: https://www.facebook.com/affluence.science.labs/ Instagram: https://www.instagram.com/affluence.science.labs/ LinkedIn: http://linkedin.com/showcase/affluence-science-labs  Twitter: https://twitter.com/AFScienceLabs TikTok: http://www.tiktok.com/@affluence.science.labs  You can also subscribe and listen to our podcasts on your preferred podcasting platforms:Apple Podcasts: https://podcasts.apple.com/us/podcast/wealth-pathways-the-affluence-science-insights-podcast/id1776049410/Spotify: https://open.spotify.com/show/1sjHkrJioQi1EPqifOtOCB/Amazon: https://music.amazon.com/podcasts/b42ff29e-5f29-444d-8d81-dbdf2b8ac287/wealth-pathways-the-affluence-science-insights-podcast/ iHeart Radio: https://www.iheart.com/podcast/1323-wealth-pathways-the-afflu-231093343/ Podbean: https://affluencescienceinsights.podbean.com/ PlayerFM: https://player.fm/series/wealth-pathways-the-affluence-science-insights-podcast/ Podchaser: https://www.podchaser.com/podcasts/wealth-pathways-the-affluence-5871405/