Grow Rich with the Property Cycle

Mr. Trass presents the concept of the Property Cycle very clearly. This is not exactly a new concept as the cyclical nature of markets has been a major point of study in the price of stocks, bonds, interest rates, and just about everything else. Note though that the cycles are not quite as even and regular as his diagrams show. You have to make decisions yourself using not only the techniques he describes, but factors that may be unique to your own location. For instance: I live in an area where gold mining is the largest industry. When the price of gold starts up, the mines start hiring more people and the availability of houses goes down and prices sky rocket. When the price of gold falls, well would you like a house where the previous owner dropped the keys off at the bank on his way out of town? Housing is also a factor of other things. What will happen to the value of houses in the new sub-divisions that are 50 miles from down town? What was resonable last year may be quite different with gasoline over $3. Suppose gas goes to $10. Read what Mr. Trass has to say, he has some very good points and expresses them well, but then modify it to suit your own ideas.

This book is a must read for new and old investors. It outlines the different stages of a property cycle, how to identify them and what strategies may be suitable at specific times.If you want to avoid getting burnt from your investements then this book is for you.

This book is one of my better investments. I found it very easy to read, logical and very helpful. Although the property cycle is not new Kieran has been able to bring a fresh new way of looking at what is happening in the economic world. He then goes on to show how the information can be applied to a Property investors strategies. I thoroughly recommend this book to both the old hands and new investors alike.