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Another GFC when its clear that all the major global economies...

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booz

2,171 Posts.

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09/03/18

09:56

Post #: 31640491
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Originally posted by Hingdog ↑

Looking at where we are now at in the market cycles, the next crash(financial markets) is likely to hit in the not to distant future. I doubt it will be till at least late this year or possibly sometime next year. Personally I wouldn't be looking to buy realestate until that is over as I think it's quite possible that will tie in with a decent correction in Australian property prices. I'm happy to hold what I currently have though as I bought years ago and there is zero chance of seeing it go anywhere near my buy in, let alone below. Could be some bargains around after it though.

This tweet about sums up the situation I think

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Another GFC when its clear that all the major global economies are growing comparatively strongly?

Anyhow, back to reality, the following article comprises some interesting empirical data...

https://www.businessinsider.com.au/sydney-house-prices-net-interstate-migration-patterns-2018-3
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