Has Confidence returned to the Australian Property Market ? - 11
In order to determine whether we should be Confident
about the Australian Property Market,
we need to urgently answer the following 2 Questions -
1 - What proportion of the Australian Population will be Retirees
in 2020 ?
2 - What proportion of the Australian Population will be Retirees
in 2030 ?
The answers to these vital questions are almost never discussed
by Property Commentators ! Why ?
By raising these Questions I am not being pessimistic about Property,
but rather Realistic,
with a Strategic Purpose .
In most cases the only time Retirees Buy Property
is when they are Down-sizing.
If we were to go to a Doctor with a pain in our stomach,
and the Doctor was to then say,
" I have absolute Confidence that your body has overcome this Problem",
without giving any prescription, or advice, or cure for the ailment,
What would you say ?
There is no point in us announcing that,
"Confidence has returned to Property ",
unless we have a Prescribed Cure for the Problem !
The Problem is the Baby Boomer Retirement Tidal Wave.
Would you like to join the Conversation on Facebook ?
Craig Holme Facebook
In order to determine whether we should be Confident
about the Australian Property Market,
we need to urgently answer the following 2 Questions -
1 - What proportion of the Australian Population will be Retirees
in 2020 ?
2 - What proportion of the Australian Population will be Retirees
in 2030 ?
The answers to these vital questions are almost never discussed
by Property Commentators ! Why ?
By raising these Questions I am not being pessimistic about Property,
but rather Realistic,
with a Strategic Purpose .
In most cases the only time Retirees Buy Property
is when they are Down-sizing.
If we were to go to a Doctor with a pain in our stomach,
and the Doctor was to then say,
" I have absolute Confidence that your body has overcome this Problem",
without giving any prescription, or advice, or cure for the ailment,
What would you say ?
There is no point in us announcing that,
"Confidence has returned to Property ",
unless we have a Prescribed Cure for the Problem !
The Problem is the Baby Boomer Retirement Tidal Wave.
Would you like to join the Conversation on Facebook ?
Craig Holme Facebook
No comments:
Post a Comment