After a long-running property market boom, all indications are that New Zealand is facing at least half a decade of slow or declining values. This trend is mirrored in most countries across the globe. Kieran Trass, real estate investor, advisor and commentator, reassures us that yes, we can still make money at all stages of the property cycle - slump, recovery and boom - the key is having the right knowledge and information. The Housing Bubble simplifies a complex subject and shows us how to identify each phase of the real estate cycle; the key indicators driving the market through each phase; and how to use this knowledge to grow rich. Kieran charts house prices through previous booms and slumps up to the current date and predicts the likely housing recovery in New Zealand, Australia, USA, UK and Canada - along with the challenges that lie ahead.
'What really drives the real estate cycle?' Differentiating between the key drivers, such as migration, and the lesser impacting factors, such as interest rates.
'How will we know when the slump is coming to an end?' Reading the clues that the market is shifting.
'When is it a good time to buy real estate?'
'How long will the current slump last? When will we see market recovery?'
'Is the real estate cycle mirrored across all major economies?'
- Publication Date:
- 01 / 01 / 2009
- 152 x 230mm