5min chapter

State of the Markets cover image

#174 Akhil Patel - This valuable signal could infer the market direction for years

State of the Markets

CHAPTER

The Shortest RE Cycle on Record

Akhil Kumar: Competition ultimately ends up being in competition to lend as much for real estate because that's the most lucrative activity they can do. The shortest one... It depends on the... There's no one day when a cycle starts and ends, so it's usually a process, a phase. Fred Harrison predicted,. apparently, the GFC down to a month. When do you think it will happen? A few totally online-only banks. I don't know whether. I think Revolut is still waiting for its banking license. You have to answer in the 30 seconds. 3-2-1 go.

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