Property cycle

You need to you need to translate your high income into other sources of income and longer lasting wealth building strategies.

And how would you characterize sort of where we are in the real estate cycle? You know, I think most people would agree that early 2022 was sort of the height.

And where do you think we are now and how is that sort of affecting your strategy and what kind of investments you're offering via Oak Street Assets? Sure.

Yeah, I get that question a lot.

So look, you don't need me to talk about the geopolitics of the situation.

But in terms of where we are in the real estate cycle, it is fascinating because You know, this has created an inflation pressure and also with AI, this scarcity of capital.

And so there's not for a long period of time have we seen the situation with also now obviously government running deficits around the world, large deficits.

There's a real fight for capital.

They must be grounded in the enduring human needs and behaviours that are going to continue across generations.

We're going to get into why Australians will keep chasing home ownership, maybe even harder than ever, why our cities will keep sucking in population, no matter how normalised remote work becomes or what the migration policies are, why property cycles aren't going anywhere and why forecasting will keep getting things wrong.

Well, it's still worth looking at forecasts.

And at the end of today's episode, which is the second half of the picture of this two-past episode, you're going to understand 10 things that are going to change and 10 things that are going to remain the same to give you a clear view of what's ahead for the next decade.

But I think it's important to call it out to say that we are in a bit of a market, almost in a market correction.

So, but if you look at over the point and with some graphs coming up as well for Brisbane and Melbourne that we'll talk to once we get to those that show that this is part of the property cycle, I would say.

I don't know.

Would you agree with that, Joe? Are we in a bit of a property cycle? I would hope

so.

Well, is this what you want me to show you?