If nothing changes… nothing changes?
Ever since New Zealand was hit by the world recession not one property expert has paved the way forward, instead they constantly refer to the past for explanation as to what will come.
Apparently nothing has changed; it is still all about cycles. A common comment is “we are at a particular point in the cycle and need to be at another point, when this happens then we will be able to …. “. I certainly don’t share this view.
We are currently in a recession, largely because of the idealist theories of the past, and yet we are still being told we are on the right track and we just need to wait it out until the fog clears before moving forward ounce again.
Would it not be wise to instead assume that if nothing changes … nothing changes? You can’t change the direction of the wind, but you can adjust your sails. The sooner that decision is made, the sooner we will be back on course......
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