James Woodburn interviews Catherine Cashmore on the secrets behind forecasting the booms and busts in the economy..
James Woodburn - Group Publisher at Port Philip Publishing - interviews Catherine Cashmore to unlock the secrets behind forecasting the booms and busts in the economy..
"Catherine is the co-editor of Cycles, Trends & Forecasts. She’s an Australian economist who’s been in the Australian real estate business for 20 years as a developer, consultant, buyer’s advocate and seller’s agent.
In that time, she has helped scores of people build wealth through property.
But she’s decidedly different from every other property and land expert you’ll likely come across.
That’s because her expertise is rooted in her knowledge of the 18-year real estate cycle.
Here’s what Catherine told readers on 12 March 2020, right at the start of the nationwide COVID lockdown, when just about every other economist was predicting some 30% falls in the property market.
‘It seems bleak out there currently with the COVID-19 outbreak.
‘The current panic is forcing governments into urgent stimulatory measures.
‘Both monetary and fiscal policies are being implemented.
‘This will inevitably feed into land prices. This sets us up for an extraordinary anticipated real estate boom between 2021–25.’
This is just one of many remarkable forecasts Catherine has called correctly since she took the helm of Cycle, Trends & Forecasts alongside Callum Newman.
I caught up with her to discuss where we are in the cycle today. I hope you enjoy our conversation. Click on the play button below to check it out:
You can listen to the interview here