18 year property cycle, page-235

How he invests and who gives him money for him to invest is irrelevant.

What matters is: Is he able to see disaster coming?

He has a proven track record, as do many other very well experienced successful investors, proving that they can. No matter how many houses they own. A major downturn for these people will be a blip and an opportunity.

For many many people(normal people) a major downturn will destroy their lives. Yes, it is buyer beware. But so many commentators and media, financial advisers, Reserve Bank rate and policy settings, banks, governments, tax settings and vested interests have made a very crowded trade. The world has gone all in.

These experienced credible investors deserve to be listened to. They are warning us. Their timing may not be spot on. What MAY come could be Tech Wreck 2 + GFC 2 bundled into one. With many more banks and countries in danger of, or actually falling over due to debt levels.

I am just saying people need to be aware of what is(Could) be coming. It seems many people are running towards the ocean as it disappears. But they have moved so close to the coming giant waves.

The wise people are telling us to move up into the hills now.

Many people on HC will already have made their own financial pathway/strategy to deal with such an event, or decided it is complete BS.

But average John and Jennys have no idea because they believe the status quo will remain until they too have made 10-20 times their house purchase price in 30 yrs. And their kids will be able to pay $10-$20 mill for their house when the time comes. Or the sharemarket will increase in a similar way. And wages will go up along the way to get them ahead.


.





.