American incomes are rising . This development is extremely important… Rising income will drive the US economy forward. The Census Bureau said this week that the median household income in 2015 was up 5.2% from the previous year.
At Cycles, Trends and Forecasts we say we’re on schedule for the biggest property boom of all time. People are often sceptical. But just consider what’s happening right now across the globe.
Whether Purplebricks can make inroads into the Australian real estate market is now the big question. There’s no doubt the industry is ripe for the picking.
A major part of that growth will come from increased property construction and household formation. It’s happening in the US already — not to mention the ongoing drop in foreclosure rates — and will drive the American economy forward for the foreseeable future.
According to our resident property cycles guru, Phil Anderson, you shouldn’t worry about this too much. It’s not going to have an effect on the long term cycle.
If there are overseas fears over UK property, are these fears likely to reach our shores? It’s no secret that the media loves to hype up our property market.
The weight of money will tell you far more than the opinions of financial pundits.
Interest rates are pinned so low that the hunt is on to find yielding assets and buy them. That’s before investors get pushed further and further up the risk scale.
Guarantor home loans may allow your kids to take the leap from renting to ownership sooner…but they can also ruin your financial life…and theirs.
Property prices all over the world vary. What you get in Melbourne versus what you get in Berlin, London, Amsterdam, New York, Madrid or Paris vary wildly.