Is it possible to forecast the right time to buy or sell? Today's chat is a little deeper than usual - buckle in! John and Emily speak with Cathy Stacey from Property Share Market Economics to unpack this question, touching on:
👉🏾how Cathy's family members lost most of their capital in the global finance crisis which led her to dig into whether the GFC had been forecasted
👉🏿why isn't market timing more common knowledge?
👉🏻how Australia follows the US economy and cycles
👉what the 18.6 year property cycle is
👉🏼where are we right now in the cycle?
👉🏽does the share market follow a similar timing?
👉🏿when is the best time to buy and sell in relation to the cycle?
Here's the resource mentioned in the chat: https://propertysharemarketeconomics.com/18-point-6-property-share-market-economics/
Below are the two books mentioned as well.
One Hundred Years of Land Values in Chicago: https://amzn.to/3CjnlD1
The Secret Life of Real Estate and Banking: https://booktopia.kh4ffx.net/n1PvJV
Check out The Glen James Spending Plan and use coupon code "m3p" to save $20: https://www.mymillennial.money/spending-plan
Send us your questions! Use #property or #firsthomebuyer in the m3 Facebook group: facebook.com/groups/mymillennialmoney
Take a look at John’s Solvere Online Academy and Emily’s online course (The Buying Coach) at the link below.
For podcast resources, links to our stuff, disclaimers & warnings about this episode + more... check out: mymillennial.money/m3pshownotes
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