The Federal Reserve Can’t Derail This Opportunity
Development, development, development.
You can see it happening everywhere. All around the world, as well as right here in Australia too.
I know there’s a lot to worry about. There always is.
But just take a look at what is happening in the property markets. You’ll see why the outlook we have at Cycles, Trends and Predictions is so positive.
Make no error either — there’s big money involved here.
You can see it within what’s begun in central Melbourne — not to mention what’s on the drawing board — to get an idea.
It’s nearly unbelievable.
Source: The Age
Here’s a further taste.
The ‘ultra wealthy‘ Deague family began construction on a $330 million apartment project within Box Hill, Melbourne a week ago. According to the Australian Financial Review it will have the tallest tower outside the CBD on completion within 2017.
According to the paper,
‘Box Hill, a suburb 14 kilometres of east of the Melbourne CBD with a big Chinese population, has turned into a suburban high-rise hot spot with more than 20 projects underway.’
A little further south of the city, Amstel Golf Club within Cranbourne is selling its property to a property developer as well as moving elsewhere.
The Age believes that it is a $40 million deal. The current course will make way for housing estates.
And it’s not just Victoria…
Up in New South Wales, 2 airports were put up for sale in Bankstown and Camden in May. The seller received bids rumoured to well exceed the $200 million figure. The initial expectation was for about $195 million.
The Australian Financial Review reports that Bankstown is the fifth busiest airport in Australia. There was ‘huge interest’ in the offer, according to the paper.
Here’s the probable reason:
‘Bankstown is going to be among the big winners of big solution spending on major road and rail projects by the?New south wales government. It is also adjacent to a development proposed by Bob Ell’utes Leda Group which could open up more opportunities for Altis should it buy [the] airport.’
See what I mean here? There are so many opportunities in property and stocks that spring from all this.
Do yourself a favour and look for what they are here.
The boom no one’s watching
I wrote an article last week on the boom I don’t think many people are following. It’s on the Oriental, especially Chinese, travel boom. You can check the article out on the Money Morning website.
But for a quick snapshot, you can get an idea from the forecasted demand for pilots. That’s because of this graph from the Wall Road Journal….
An estimate for the quantity of tourists to come out of China is 200 million within 5 years.
I mention this now since i received the following feedback through Cycles, Trends and Forecasts editor Phil Anderson,
‘I got back to the UK tonight. We spent one and a half hours within the passport queue and was thinking about this very thing. I’ve absolutely no idea how airports and security are going to deal with this. There is not an airport in the world that has planned for it.‘
And this, from Revolutionary Tech Investor‘sSam Volkering in London,
‘Mate of mine flies with regard to EasyJet over here, he’s about a 12 months off becoming a Captain. He was telling me that the Asian (Chinese) airlines are poaching ‘Western’ Boat captains much in the same way the Middle-East airlines were over the last couple of years.
‘He reckons the money being thrown about is insane as in getting close to a mil a year. And one of the main reasons they’re recruiting Western Captains is to reduce their insurance premiums.
‘Also because the regular of training in Asia is fairly poor compared to the West they convey these experienced captains on-ship to help train up their own First Officers and students. Then they can also claim to have Western pilots, when in all reality the bulk of them aren’t.‘
And here’s this from senior British pilot whose title I’m not at liberty to say…
‘I know a lot of Far Eastern air carriers cannot get enough pilots to operate all the routes they want to expand onto. Certainly the south-east Asian area is expanding like crazy.’
Like I said before, there is so much to be positive about. Start here to develop on these opportunities.
The misconception of America’s decline
If you’re interested in what is happening in China, I desire you to listen to the interview Used to do with Shaun Rein. It’s free on The Daily Reckoning Podcast. Shaun is based in China, and runs a successful research home.
You can check it out here upon iTunes or Android here.
Shaun Rein is Episode Twenty one.
The latest is with a man called Josef Joffe. He wrote a book by what he calls the ‘myth’ of America’s decline.
I called him up to chat more about that idea. What he says is quite true. Ever since the 1950s America has been written off. There’s always already been a contender that’s considered on the threshold of dethroning the US from its perch.
In the 1950s it was the Soviet Union. In the Sixties it was Europe. Later this became Japan. Today, states Joffe, it’s China.
That’s not to say China is about to collapse. But the All of us still has a lot going for it. Its economy is still regarding double China’s in term of GDP.
In fact, one of the factors we make in the newest issue of Cycles, Trends as well as Forecasts is that a slowing The far east will have little effect on the united states.
He had a lot more to say around the current balance of power in the world.
As above, check it out right here on iTunes or Android here.
Cheers,
Callum
From the Port Phillip Publishing Library
Special Statement: The End of Australia Vern Gowdie’s new book is known as The End of Australia: The Real Story Behind Australia’s Economic Collapse and What You Can do to Survive It. We’re mailing free copies of this guide to anyone who requests one online. It does not make for cheerful reading. But the idea is the fact that you’ll be safer (and much wealthier) in 10 years’ time from receiving a more sober and realistic analysis of what’s going on…what happens next…and what you ought to be doing about it now… (more)