This is how i see it!
Our ,recession/depression, has been hanging around knecks for a couple of years now, from the D&G reports on tv to the reduction of official interest rates, as i said before, i had expected to be off learning to shear sheep by now! anny way thats how those reports on the world econemy came accross to me.
So we have seen a turnaround ,the markets and local buisinesses are stronger, and may have some way to go as yet, for a full recovery to feel the confidence, we had three years ago, so its realy like starting from a new base line, pretend we are on zero, now and we have another 14 years before the next cycle disaster, if your thinking this way then you would be well within a safty margin in the next crash cycle, not that i saw evidence of this one we just had,
The scary 3% fall four days ago tells me their is little control over falling share prices, its like a fox entering a hen house , as soon as one hen see's a fox the rest go balistic fearing for their lives,
Mostly the arguments/dissagreements beetween the two asset classes, shares V's property has been going on for a long time, but lately, bricks and morter seems to be a safer punt, this might change, but as we move onto a new financial year, now would be the time to change asset class if it were me!
the homes will settel in july so that would be the new financial year, hence some of the 22% gains some have predicted over the comming years, happy punting y'all
