It’s the latest edition of our podcast and radio show. Join Simon, John, and Alistair as they reveal their personal journeys in investing.
They say it can’t be done, but here at Wealth Morning we attempt to broadly forecast what’s coming next for the economy. In this section we are looking at the property market.
Once you understand the underlying forces which drive the economy, you will have access to insight that few people ever attain.
It has less to do with the movement of central banks or the stock market. Or movements in interest rates, inflation, or some other mechanism.
It’s based on the real estate market.
What happens in the real estate market underlies the economic cycle. And the cycle simply continues to repeat.
Property Markets History
A man by the name of Homer Hoyt identified the repetition of this real estate cycle in a book written back in 1933, called ‘One Hundred Years of Land Values in Chicago.’
A study of history as Homer Hoyt did it, with a focus on land values, proved the economy moved in a very clear sequence of roughly 18 to 20 year cycles.
It’s directly related to land and property price and it repeats regardless of government policies and the type of government in power.
And nothing has changed since Homer Hoyt wrote the book in 1933. The real estate cycle simply keeps reaffirming itself.
The financial reforms initiated after the global financial crisis, have only guaranteed yet another real estate cycle, as that crisis was not financial in nature.
It was a land crisis
And whilst the underlying cause of the cycle is ignored, the real estate cycle must repeat.
We closely studied Warren Buffett’s presentation at this year’s Berkshire Hathaway AGM. Here are some surprising insights and takeaways…
It’s the latest edition of our podcast and radio show. Join our panel of experts as they discuss the secrets of value investing during this turbulent time.
As the lockdown lifts and pent-up demand starts to flow, how will stocks and property fare? Here’s our exclusive economic analysis of the road ahead…
It’s the latest edition of our podcast and radio show. Join our panel of experts as they discuss how the price of oil is impacting the global economy.
It’s the latest edition of our podcast and radio show. Join our panel of experts as they discuss the latest trends in stocks, property, and cryptocurrency.
Welcome to our first podcast and radio show! Join our panel of experts as they discuss the latest trends in stocks, property, and cryptocurrency.
Jobs. Stocks. Property. They have all taken a hit during this lockdown. What will the future look like once the COVID-19 storm has passed?
New Zealand’s housing market is broken. People are getting deeper into debt just to keep afloat. This is actually ruining lives and destroying futures.
Interest rates are hitting record lows. That means it’s never been cheaper to borrow. But beware: debt is a double-edged sword.
Billions have been wiped off the stock market as pandemic fears bite. But there’s a silver lining: you can now buy into quality companies at a discount.
Are you getting a mortgage? Watch out. Unless you structure your loan to suit your situation, you could end up paying a lot more interest than you need.
Financial success. Is this a magical quality available only to a chosen few? Or can someone like you tap into that fairy dust as well?
The Reserve Bank of New Zealand has kept the OCR at 1% for now. Here’s why fiddling with interest rates is a more difficult task than you might think.