The Economy and Property

In my opinion, this is one of the key principles to property investing and I’ll even go as far to say life! I would say that as a Business and Economics teacher, but anyway, you get the point, I think it is important. 

The state of our economy influences our jobs, our pay and even our confidence, so it is important we have a grasp of it. 

Here is an extract from my book ‘Money lessons left at the school gate’, the book is targeted at young people, hence the reference to school, however, hopefully it explains each stage of the economic cycle:

It may seem an unusual comparison to make between the economic cycle and life, but the economic cycle goes up and down like life can. It is important that people realise that difficult times don’t go on forever and at the same time, try not to forget what the challenges can be like during the good times. The economic cycle refers to the good times as ‘booms’ and the bad times as ‘recessions’.

If you would like to read on, please visit my website thepropertystarter.com or why not check out my new book, ‘Money lessons left at the school gate’, available on Kindle.

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