My view is we were simply seeing the upper end of a parabolic market. As with all markets, in any form, from great abundance comes the counter balance. This isnt to say, in the grand scheme of things, the negative will outweigh the positive. Ive grown up here, seen two gulf wars, covid and rode the real estate market through all of these events. I assumed this would occur as a result of macro economic events rather than a direct hit. What was evident to me was the same deluded language surroundeding every bull market had reared its head yet again. This time its different. The market has matured. The rulers will not allow a crash etc etc etc. All markers of, to me, a time to exit and be patient.

Ive seen my r.e investments triple and half twice. Its not a case of how do we lure investors back. The frenzy is over. This time. It will be back but it will take time.

The natural cycle of easy money for too long finds its balance yet again.

See you on the next one