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Summary
Welcome to edition 20 of the Boom Bust Bulletin. I have been hearing a lot of talk lately involving the word “bubble.” In this context. We are in a housing bubble. And now it’s going to burst! We are in a stock market bubble. And now it’s going to burst! You get the idea. I’ve also received correspondence from members asking if the real estate cycle has ended early? I’ve decided it’s an o…
Key Claims
- 9 © Property Share Market Economics WHAT THE MOST IMPORTANT MARKET CAN TELL US? Let’s review the state of the property market. It does amaze me personally just how negative the media have been taking up the subject. Source – rate city This is representative of the articles relating to the Sydney and Melbourne real estate market lately. But they are now appearing all over the globe currently. Here’s one about the regional markets of the US. Source – Fortune Finally, one from the UK. — confidence: medium
- 13 © Property Share Market Economics I won’t labor the point too much; suffice to say I’ve spoken about it in this prior BBB Edition 13 on page 7 here. And that’s how to relate the news in the media to the chart. You must understand it’s not a coincidence. Let’s look once again at Apple. I’ve highlighted two examples below. Click on the chart to expand it. Source – AFR — confidence: high
- 15 © Property Share Market Economics of intractable economic woes. You are being told as much for a reason, one which isn’t in your best interests. I’ve tried to make that very plain to you here. These drawdowns in markets are necessary and are a buying opportunity. According to your own investment strategy, financial advice, and experience. Hindsight equals foresight. Best wishes, Darren J. Wilson And your Property Sharemarket Economics team. — confidence: medium
Notable Quotes
“rely on the price chart Remember, you can always contact me via my email address darren@ propertysharemarketeconomics.com with your questions, queries, and feedback.”
“Take an example from Phil Anderson’s book The Secret Life of Real Estate and Banking: in the US, the 1908-1926 land market boom where Florida based land developers were selling large tracts of vacant zoned land to investors in the north of the country.”
“5 © Property Share Market Economics Source – Optuma It’s the same playbook as always; the US fed is tightening; therefore, the stimulus punchbowl is going to be taken away and overvalued tech stocks will drop.”
“8 © Property Share Market Economics All the most important stocks in the US are in correction mode today.”