Property market cycles ride an unpredictable bike path
Property cycles are widely touted as predictable real estate trends but the truth is far more nuanced.
If there wasn’t this uncertainty, making money in property would be as easy as riding a bike to the bank. (Image source: Shutterstock.com)
Just when you think you have it all figured out, we are here to tell you that property market cycles are a myth.
Experts will tell you that Australian property markets will follow a trend. They like to explain how to follow the market cycle that travels through peaks and troughs, around like a clock, and can help predict the expected performance of a property based on when it was purchased within the market cycle.
Although property markets do f…
