Millennials and Gen Z are getting bent over and stuffed full of easy credit to buy property, not good property either, just D-grade type of property, at the peak of the housing market. This means they'll be trapped paying for an absolute rubbish grade property for the next 10-15 years, or have to sell for a loss when prices start to come down and be hit with a debt to pay off at the worst possible time, when the market is coming down, and eventually bottoming. In contrast, this is the time to buying up the bargains, not now when the government is doing everything possible to get every last buyer into the real estate market. #18yearcycle #winnerscurse #mortgage #realestate #housingprices
Two major Australian companies operating in the US building industry are now highlighting just how tough the trading environment has become.
Peter Wilson, CEO of plumbing materials giant Reece ($REH), described the past 12 months as “one of the most challenging years in our history”, with more strain still ahead as the US housing market remains weaker for longer.
This is worth paying attention to:
• In 2007, US homebuilders topped 18 months before the market peak.
• The US Homebuilders ETF last formed a top in October 2024. Adding 18 months points to April 2026. 🚩
Cycles matter. The housing sector continues to send clear signals.
@mcleishmclosh@MerrynSW A sense of worth , exactly the point . Fully skilled for 38 years , for nearly the minimum wage after tax ect , I feel embarrassed to even discuss it
Is a global real estate crash looming? 🏘️
Our director @AkhilGPatel explained how the progress of the 18.6 year real estate cycle, pointing to previous examples, current timing and the banking system.
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We often say that those who can see the fundamental role of land in explaining and forecasting cycles of boom and bust have “seen the cat”. Take a look at the image below. What do you see?
Once you see the cat you can never unsee it. Same with the importance of land. Happy #NationalCatDay
As many have warned….the stock market crash has arrived. Losses are substantial.
Rich dad taught his son and me when markets are crashing is the time the rich get richer….buying assets at bargain basement orices.
Markets are crashing. Great news. Asset markets are having a sale. This is your turn to get richer.