I catch up with Phillip J Anderson, the author of “The Secret Life Of Real Estate And Banking”.
We discuss his view that property cycles are highly predicable if you spot the right patterns.
If he is right the current market ructions are not the next big fall, but a mid cycle dislocation.
https://www.amazon.com.au/Secret-Life-Real-Estate-Banking/dp/0856832634
Thanks to George for setting this show up.