Understanding property cycles to grow your net worth
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Understanding property cycles to grow your net worth
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About this listen
Property markets go through natural cycles which historically last approximately 7 - 10 years each. During each cycle, prices don't rise in a linear fashion. Rather, they increase at a fast rate during the boom (2-3 years), which is usually followed by a correction (6-12 months) and then a plateau period (3-4 years).
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