Can the 18-year property cycle predict correctly the TIME in Malaysia as it has done for Australia?
Just as many think that Australia’s property boom cannot keep on going, controversial economist Phillip J Anderson reiterates that you’ve got 10 MORE YEARS of rising property prices to build a millionaire dollar real estate portfolio.
Another 10 more years of rising prices in Australia might sound impossible.
But Phillip J Anderson is no stranger to making outlandish forecasts.
In 2006 he predicted the US housing market would bottom between 2008–2010 and begin recovering in 2011.
Posted by Hong Thang on Wednesday, July 1, 2015
