The cause of the Global Financial Crisis (GFC) was accurately reported but its’ effect was not. Those economic commentators and professors who were allowed most media airtime continually misreported what the lagging effect of the GFC would be when predicting our property market would mimic those in the USA and UK. In my opinion Professor Steve Keen’s fear peddling dire prediction that our property market would drop 40% in value by 2010 was completely irresponsible. Perhaps what he said was akin to providing (ill-founded) financial advice of a specific nature to large masses of people and if so, illegal under the managed investment act of 1988.
Over the past two years I have often felt like a lone voice warning of what I saw the lagging effect would be. The combination of strong population growth and the supply of housing drying up would in my opinion always mean that values would rise. My considered and sober assessments of the unfolding events throughout the GFC are on the public record; Now Finally The Truth Is Out!
Please download the high quality version or watch the streaming lower quality version on my webinar; recorded back in November 2008 at the height the GFC misreporting.
Nick Lockhart
1st October 2009
High Quality Version
Assuming your internet connection can handle a large file download (about 200 meg), we recommend you view our high quality version of this presentation… and in full screen. If not, see instructions to watch the lesser quality streaming flash version below.
- Right click on the link below
- Select the command to download and save the file to a location on your computer’s hard drive
NB: The download command will vary from one browser system to another - Look for ‘Save Target As’, ‘Save Link As’, ‘Download Link File As’ or similar
- Choose where you want the file to save the downloaded file to
The default location will probably be to your Downloads folder, which is a sub folder of your main Documents folder - Once you have downloaded the file go ‘find’ it and double click on it to play in Windows Media Player or another video player of your choice
NB: Downloading the file offers the flexibility of being able to watch part of it or all of the presentation at whatever time best suits - Remember to choose the full screen option.
Right Click Here and choose ‘Save Target As’, ‘Save Link As’, ‘Download Link File As’ or similar to Download the High Quality Version.
Streaming Flash Version
The window below shows the Streaming Flash Version of this presentation. The button near the bottom right corner of the video window will allow you to play this in full screen size. Please note, however, that this is not our high quality version.
If you want to subscribe to Nick Lockhart's weekly view on all things property with insightful articles and practical tips... sign up today! (link will open a new window)