Why do we continue to listen to so-called ‘economic experts’ telling us a collapse is imminent? The world is not going to collapse any time soon.
We worked that out years ago. But they’re now focused on creating their own wealth, rather than waiting for the next recession, if indeed if actually happens. It certainly won’t happen this year.
The property mid-cycle slowdown is due soon. A lot of ‘tall’ buildings will open up in 2019. And other things that are the biggest, longest or tallest.
Parker says there’s a property market ‘calamity’ coming. And he’s not alone. We had two calls for an Australian economic collapse last week.
The best way to get a decent idea of what’s going to happen next is with knowledge of the real estate cycle. This is not rocket science.
This is how your real estate cycle turns. A really big one is unfolding. Can you afford to not be aware of this cycle?
Every day from 1 January up until 4 May this year, you worked only to pay your government the taxes due. That’s the first 123 days of this year.
Interest rates have been trending down for years. The best way to show this is via the chart of bond prices.
Such gains WILL capitalise into the economic rent and land price WILL rise. If banks really start creating credit again, the second half of the cycle can again be really speculative.
You can see the property cycle and how it moves and turns, all around you. Get used to it. Australia is going to see one hell of a property cycle…
China’s economy has mightily affected the rest of the world. We will just have to be patient as things unfold. I think the US remains the more dominant player.
The choice is yours: renter, or rentier. But there’s much, much more to be gleaned from a study of the economic rent…
When events happen around the world, one of the best things you can do is go back to the chart, if one exists. Let’s look at the Malaysian Airline System (MAS) charts…