Hi XBenx,
trying to read between the lines in your post, I think you are suggesting that the existing property cycyle could mean that prices could be flat/drop over the next several years (3-5 years???) before seeing any growth - assuming the previous cycle is an indicator of history repeating itself.
My thoughts are that mostly prices in this area have now done nothing for about 18 months, I don't see that changing for a fair while yet.... I guess that is in line with my thinking that roughly the next three years will see not much growth in that area overall.
Could be wrong - often am!
Tim
trying to read between the lines in your post, I think you are suggesting that the existing property cycyle could mean that prices could be flat/drop over the next several years (3-5 years???) before seeing any growth - assuming the previous cycle is an indicator of history repeating itself.
My thoughts are that mostly prices in this area have now done nothing for about 18 months, I don't see that changing for a fair while yet.... I guess that is in line with my thinking that roughly the next three years will see not much growth in that area overall.
Could be wrong - often am!
Tim