here it comes again!!
Grant Tenni – March 2015
The Property Cycle is gearing up to be in full swing in Australia within 2-3 years.
A controversial statement?
We believe not.
Just think back to “the recession we had to have” in 1990. Property suffered in Australia, its lowest point being 1992. The share market had already recovered substantially from its crash in 1987, by 1995 residential property was on the way up again, the remaining vacant land was being taken up, interest rates were low, rents were on the increase, it was becoming easier to get a loan.
Do you recognise that was exactly what happened in 2015 in the USA? We followed the US lead then, and we are following it again now.
In 2022, we are now seeing the same things occurring as happened from 1983 through to 1989, from 2001 through to 2007, and certainly looking like repeating from 2021 through to 2026.
What happened in each of those 5-6 years leading up to the major crash?
Interest rates rose, inflation rose, governments spent trillions on infrastructure and Housing Prices went Higher. Other than the USA bringing in the Single Land Tax, or a World War, there is nothing else likely to stop an almost inevitable rise in house/land prices around the Western world.
The greatest growth in the last few years has been the recovery in land prices in the USA. Enormous profits have already been made. Many of our clients invested in the USA in 2013. The returns achieved have been outstanding. Coming out of the 2020 recession land prices in the USA are on the march again.
From 1999 to 2003 we assisted clients with purchasing investment properties in Melbourne. Those who followed the guidelines achieved very good returns. At least a 100% gain on what they paid for their property for everyone who followed the guidelines.
In 2016 we wrote we were "entering the part of the cycle where it is time to invest again. This will be supported hugely by the banks, who are priming themselves to lend huge amounts of money in the near future. Note, the banks always find ways to lend more which equals – make more profits! And the 5 reasons housing affordability is going to improve are yet to occur in a major way!"
From 2015 on we predicted a recession would occur around 2019 or 2020.
As we work through the final stage of the Investment Cycle the banks are about to create huge new amounts of credit, which always flows through to increasing land prices. Now is your chance to get your share.
Why are we bullish about the property market?
What are the 5 reasons Australian housing is going to become more affordable?
Why do we refer to Club 2026?
What is the Property Cycle?
Why do people say you can’t predict the future when, after you understand the cycle, it is so blindingly obvious what will happen next?
How long is the cycle that was first identified in Chicago in 1800?
At Tenni & Associates Pty Ltd we are guiding our clients through this property cycle to help them successfully invest in property as we approach the next major crash.
Think, 1973, 1990, 2008 .......Next?
Call us on 03 9720 9880 for an appointment to set you on your Path to Freedom.