In this episode, we discuss asset bubbles – what they are and what happens when they pop. We also discuss whether New Zealand has a housing bubble and a few examples of previous asset bubbles.
For instance, one famous example of a bubble was Tulipmania, which occurred in Holland in the 1600's. Here the price of tulips increased to the point where one tulip bulb was sold for the equivalent of $750,000 today.
We also mention our Epic Guide to Property Investment. This is our 16,000-word guide that walks through what you need to know about property investment as a beginner ... and as an experienced investor. It takes about 45 minutes to read and you can access it through the above link.
The Property Academy Podcast