MechanicalMethod: Well the 18-year real estate cycle is not mine. I use to be a member of the Foundation for the Study of Cycles, which basically means I was a subscriber.
Some pretty smart guys doing the work. They analyzed cycles of all manner…from various animal mating habits, to the weather, to earthquakes, to real estate, to precious metals to the equity markets and much more.
When the Foundation moved from California to their east coast home, they got way behind in their monthly publications so I eventually dropped the subscription. However, I must say some of their predictions based on their cycles work have proven to be uncanny, from their earthquake predictions in California, to their weather predictions, to their interest rate expectations and more.
suggesting that now is an unlikely time for a downturn
I think that depends on the 18-year cycle in your region of the US.
You can choose to use the information or not. I'll just continue to do my thing and share some of what I do along the way. Folks can choose to investigate or click on past, it really does not matter to me...<g> Personally, I am not going to bet against the Foundation for the Study of Cycles'US real estate cycle, based on how well some of their other cycle projections have worked out.
Regards, LG |