- Jeremy SheppardParticipant@jeremydsrdataJoin Date: 2015Post Count: 0
Every few years I hear marketing from investment experts along the lines of:
“You need to adapt to the new phase in the cycle. What worked in the past won’t work now.”
I’m yet to find a case in the last 40 years where capital growth hasn’t “worked” for property investors.
But imagine you’re a professional operating in a very specific patch and that patch is now peaking. You need to manage client expectations regarding growth. Instead of saying:
“Buy elsewhere using the services of someone else”
Instead, they effectively say:
“Use my services, but don’t expect any growth, you need to adapt”
But there’s always somewhere good to invest for growth…
Over the last 20 years, there’s only been about 3 years in which double-digit growth wasn’t happening in any of the 4 cities shown.
The chart would have been too “busy” if I showed the top 20 significant urban areas over the last 40 years.
There’s no need for investors to adapt, all they need to do is change “where” their focus is.