Is property turning too early?

Tuesday 7 March 2023

I have noted a couple of times in the past few months that it was a good time to buy property, arguing that lowballing before the market turns makes sense.

What I did not have in mind was buying into rising clearance rates and chasing the market!

Let me explain the problem.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.