Safe as houses? Structural and cyclical property forces converging
Property assets and real estate shares tend to be good investments but are what kind of market forces are they subject to today?
It’s hard to know if the New Zealand property market is more affected by structural or cyclical forces. Both hypotheses seem to fit the facts – a sure sign the answer is complex.
Cyclical changes are a result of capital searching for investment yield – a fancy term for “making more money” – but
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Nathan Smith
Fri, 01 Jun 2018
Fri, 01 Jun 2018
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Safe as houses? Structural and cyclical property forces converging
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