Hi
We have a few investment properties and we a seriously thinking about another one , but with rising interest rates and and economy that is a little unstable we have been trying to access excactly where the economy is in relation to the so called economical clock as to try and predict where and what to invest our cash reservses in. Any feed back as to where we are in the cycle would be greatly appreciated
Thank you [fez]
[email protected]jomari59
I would say there is not just one market, but many markets in Australia. Look at Perth and Sydney for example. And even within cities, there are different suburbs at different stages of the cycle. So it may be a bit hard to generalise too much.
Terryw
Discover Home Loans
Parramatta
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Hi Jomari,
I am not sure if this is what you are chasing – butit may help.
http://www.propertyupdate.com.au/articles/96/1/Property-Market-Update—July/print/96
Derek
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http://www.mononpoly.tic.com.au
0409 882 958
Skype – derekjones2113Hi Jomari59,
I’ve just had a quick squizz at the Foundation Economic Clock of Doom (FEC’D) and it appears that we’re currently passing at 1 minute to midnight, with the second hand just starting to tick through the last 60 seconds to and event that the FEC’D describes as “The Greater Depression”.
This indicates that the true state of the economic cycle will be starting to become clear by Xmas next year.
Cheers, F.[cowboy2]
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