Property Cycles

[WebBoard]

From: Chris Legg


In Fred and Brett Johnson's book
"The Wealth Power of Property" they have a
Property Time Clock which shows that currently for Sydney and Melbourne we are at
five past "falling yields"

Lifes a beach at Caves

Chris

 

[WebBoard]

Reply: 1
From: Sergey Golovin


Chris,

Could you give us run down on those cycles please.
Interesting to see what is new.

Serge.

 

[Jacque]

Reply: 1.1
From: Jacque Parker


Chris,

Wouldn't you say it was more likely to be at 2- next to "oversupply" but before "rising interest rates"? I agree that we have passed the falling yields part (let's hope things improve here!) but I don't think we could accurately say that interest rates are rising, not yet, anyway!
Don't you just love these economic clocks? Everyone reads them differently...

Cheers, Jacque