Disclaimer: Nothing is this article is meant to constitute financial advice of any kind, and is the opinion of the author only. Seek professional advice before making any financial decision.
Booms, busts, bottoms of a property cycle, tops of a property cycle, peaks, troughs, recoveries, property clocks, you’ve no doubt heard them all before.
Are they important to know?
Do you need to understand what they mean?
Will they help you make a decision if you want to buy, or sell a property?
Where in the property cycle should I buy?
Where in the property cycle should I sell?
How do I know what the ‘time’ is on the property clock?
Why are people so obsessed with all this jargon; needing to understanding it and always trying so hard to work out where in this hypothetical ‘cycle’ we are?
I think a lot of it comes from fear. Fear of the unknown, fear of making a...