Believe it or not, William D. Gann’s theory correctly predicted the stock market crashes of 1929–30 & 1987… the market highs prior to the dot-com bust in 2002… the recession of the 1990’s and the growth in stock prices that started in 2003.
I Can Understand if You’re Sceptical
If you pick up the local paper, almost everyone’s bearish on property. You’ve probably heard about the Australian debt, the massive expansion of credit and its effects on bank lending and risk taking. You’ve seen articles saying capital city house prices are unaffordable, compared to almost every other Western country. And you could be forgiven for believing Australian house prices are due to drop through the floor.
But how do you explain the new articles which are beginning to sneak into newspapers. Here’s an example from Sydney’s Daily Telegraph on June 17th…
Historically, every time we’ve seen a dip in the property market the majority has stopped buying to their own detriment.
In the early 1960’s everyone thought prices would fall forever.
Yet between 1960 & 1972, prices doubled.
In 1974, everyone was thinking “sell now.”
Yet between 1975 and 1983, prices doubled.
In 1988, after the “great crash”, anyone who invested in property was considered crazy.
Yet between 1988–2001, prices doubled.
Just take a look at this graph which covers Sydney and Melbourne (however the rest of Australia always tags along at a similar rate) and you’ll see the full picture…
It’s impossible to predict the exact growth that Australia’s likely to enjoy over the next 14 years, but all of the indicators point to the fact that if the trend line continues, the median house in Sydney and Melbourne will be worth a million dollars within the next few years.
But even if the Property Market Tanks, You Can Still Make a Fortune With Property Over the Next Decade
I’ll explain why in a moment (you’ll love Ian Ugarte’s story), but before I do I should give you an outline of my track record so you can decide whether or not you should trust me.
My name is Dymphna Boholt (you already knew that). You might have seen my best-selling book, “Confessions of a Real Estate Millionaire” or another book I’m featured in, “Secrets of Property Millionaires Exposed” at your local bookstore.
Or you may have stumbled across my “I Love Real Estate” series in iTunes which has topped the Business category for 2 years running.
On the other hand, this may be the first time we’ve met. So let me give you a little background:
I used to be a practising accountant and single mum working sixty hours and feeling like a lousy mum.
I thought “what else can I do”, and looked at every single one of my clients from business owners, to traders, to multi-level marketing - before deciding real estate was my fastest road to wealth in minimum time.
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