herd mentality Archives - Page 2 of 2

Where are we in the property cycle?

We all know that property runs in cycles and that there is usually a long drawn out upward movement, followed by a flattening of the market, then a slight downward correction before another flattening out. Then the cycle begins again. This can take anything up to 7 years to complete. We have seen this cycle […]

Property Buyers following the Herd

By Ian JamesMay 17, 2011Market Forcesherd mentality, interest rates, RBA, RBA rates, reserve bank

The herd mentality is steering some buyers from the market place. Loan approvals for dwellings are down to 1998 levels. And this is when we had 20% fewer people in Australia. However Australian Property Monitors research shows that the Australian property market has only come off 0.6% and Melbourne has been steady in the first […]