“The time to buy is when there is blood on the streets” – Baron Rothschild
In every game there is a crowned winner and a loser, while one man is on top of the world the other is laying flat on his back. This rule applies to boxing, football, business, investing and so on, a vast majority of people freak out completely when they hear the word recession. The true outliers of society however put on their best bib and prepare for a feast that could secure their future and the generations to come.
It’s no big secret that the Australian property market is heading south, which means the economy which is overly leveraged on property is an unnoticed shadow by most at this point of time. This last quarter we have seen a bigger drop than ever before, matter of fact the last 3 months is almost equivalent to the 9 months prior. Take a look at the CoreLogic chart below.