which stage of the property cycle are we in?

[TMNT]

Which stage of the property cycle do you think the major markets overall are in??


Here are my picks :

Qld: 8-9 o'clock
NSW: 10-11 o'clock
Vic: 9 o'clock
Wa: 9-10 o'clock

I feel as a whole nsw is too late
And Qld and Vic are the only ones worth pursuing

Although many true investors say you should.only buy between 5 and 7 o'clock

"be fearful when others are greedy and greedy when others are fearful" buffet

I guess the mass are greedy or getting greedy now, so is it a time to be fearful???

 

[ok180]

so is it a time to be fearful???

A time to get a watch?

 

[Richard Feynman]

And on to one of the minor markets.

I think the battery has died in the TAS clock.

 

[plusnq]

And on to one of the minor markets.

I think the battery has died in the TAS clock.

Probably. But the time is still right twice a decade
Seems to be stuck at about 6.00 sadly.

 

[D.T.]

The 2 markets Im following at the moment Perth and Adelaide, I'd put them at 11pm and 7pm respectively.

 

[redwing]

And a picture for some perspective

You may have others

 

[TMNT]

redwing, nice cycle, but I dont know which is wrong, but prices shouldnt start rising at 12am, it should be more about 7-8pm

see mine

 

[Aaron Sice]

As much as I cant stand Tas, I think that Hobart is good buying for a small dev site - and there are still awesome little opportunities in Perth.

Otherwise, hold your cash and wait for the bum to fall out of the Inner West Sydney market.

 

[D.T.]

I think most of us refer to TMNT's clock rather than redwings

 

[Rumplestiltskin]

In Perth I think it is becoming quite precarious, between 5:15pm and 5:45pm.

 

[tess85]

Really? Which Perth areas? I was under the impression Perth had been rising of late. The ABS says it went up 7.3% between Mar Qtr 13 to Mar Qtr 14...

 

[D.T.]

In Perth I think it is becoming quite precarious, between 5:15pm and 5:45pm.

I think you're mad

 

[Blair007]

I think you're mad

maybe he is referring to redwings clock, which would make more sense.

 

[norwoodman]

The last time I looked at an analogue clock, there were 12 hours in each cycle, not 24...

 

[datto]

We're at the the cashed to the eyeballs stage.

Won't be that long till its lose your shirt time lol.

 

[MTR]

Datto
Did you get into the early start of the rising market in Syd and then sell, therefore cashed up??? Just curious

 

[datto]

I had a few properties going into the rising market. In that situation if you don't make money in todays market you are doing something wrong.

In my circumstances being cashed to the eyeballs means having a couple of Ks in the bank lol. All legit, nothing for Hockey to worry about lol, it'll be declared I promise.