It seems so easy to anticipate a housing crash. To promote the doom and gloom view. The headlines are always emotional. Peppered with words such as ‘crash’ and ‘property Armageddon’ and such. But really, is the value of your house going to halve over the coming years?
Edward Dewey’s research couldn’t find the cause of the great depression. Most analysts put the Great Depression down to the 1929 stock market crash. The real cause that lay behind the 1929 crash and Great Depression was (and always has been) a speculation in an ever-rising land price...
If history is to repeat, property prices are likely to rise further in value, into a peak next decade. Study a little history and you’ll see how the boom/bust cycle repeats. It must repeat, because we never get to the underlying cause of the boom/bust cycle.
Nothing really ever surprises the market. This is why there is nothing more important than learning how to read a chart. And why you only ever trade with the trend. Because the chart is often pricing in conditions as best it can, weeks and months ahead.
You’d think two incomes would make life easier. But it doesn’t. It just means house prices can be bid up more. And that people can borrow more for real estate. Perhaps two incomes have even made things harder.
We’ve heard so much about 3D printing in recent years. Well now it’s being applied to housing. This is not science fiction anymore. Companies are making and delivering 3D printed houses to the market place, now.
A successful company relies heavily on the executives and employees who run the business. This is particularly important for a new business. A start-up needs a great idea to penetrate the market.
The share price of Cimic Group Ltd [ASX:CIM] is up again today.At the time of writing, the share price is trading strongly at $51.29, up $1.10 or 2.19%. Find out why here...
The share price of Credit Corp Group Ltd [ASX:CCP] is up today, trading strongly at $23.82 at the time of writing. First half results posted back in January revealed a 13% increase in net profit. And US revenues were growing strongly at 71%. The company also upgraded its 2019 outlook.
Here’s why the Easter date can fall anywhere between 22 March and 25 April. And remember, what follows is written from a northern hemisphere perspective. That’s because it’s where civilisation mainly grew out from.