Select a crisis below. See what actually happened to prices and what it cost buyers who waited for certainty.
Dinesh Edlapalli
Buyers Agent
What experts said at the time
“Unemployment 11%. Cash rate 17.5%. "Don't buy, it's going to get worse."”
Prices after the crisis
+42% over 6 years
The cost of waiting
+$13k penalty
Buy-in at crisis
$125k
Price 6 years later
$178k
Penalty for waiting
+$13k
The bottom line
Even though prices dipped briefly in 1992, anyone who waited 3 years paid 10% more and missed the entire boom of the late 1990s.
Every crisis above felt just like today feels, scary, uncertain, not the right time. Every single time, the buyers who acted built wealth. The ones who waited paid more.
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Data: CoreLogic / ABS indicative capital city medians · Past performance is not a guarantee of future results