An in-depth discussion around the history of Boom & Bust Economic Cycles, the role of Real Estate in the cycle, and the leading indicators that signal where we are in the process.

Returning to the topic of Economics, this episode of Real Wealth, Real Health features the brilliant Akhil Patel, Director at Property Share Economics. Akhil has professional experience in audit, central government, and international banking; and has worked on a range of issues from reviewing large infrastructure Public-Private partnerships (PPP) deals to helping establish the UK’s International Climate Fund. In this incredibly informative episode, we explore the concept of the 18-year Boom & Bust economic cycle, and how it is intertwined with the world of Real Estate. We learn how Akhil first became interested in the subject, and the key resources anyone can use to learn more.

During the conversation, we examine the history of Boom & Bust economic cycles, and how best one can wield this knowledge to equip themselves for the next stage. We speak about the different indicators and signs that a cycle shift is underway, peaking, or ending, and what investors can do to protect themselves from the downside. This includes exploring some common pitfalls made in the exuberance of a Boom, and the behaviors that set businesses & households up to bear the brunt of the Bust. In addition to learning about the history and features of the 18-Year cycle, we also discuss practical measures for individuals and businesses to insulate themselves from the downside risks of recessionary phases.

Finally, our detailed conversation ends with key tidbits from other Economic Cycles to watch out for, how different countries see similar cycles, and what we all can learn to adapt to these economic trends. As always, we also glean Akhil’s personal definition of wealth, and how he views a successful life beyond maximizing financial returns.

Key Insights:

1. What drives the Boom & Bust Economic Cycles, and how businesses can better prepare for dealing with the next phase of the cycle
2. Thorough overview of economic cycles, and a brief history of past boom & busts
3. Examining previous cycles & downturns for lessons learned, and indicators that illustrate where we are in the current cycle
4. Determining the sectors and segments of real estate that perform best & worst at various points in the economic cycles
5. Leading indicators for the final Bust phase of the cycle: what are the signs we should keep an eye out for to indicate cyclical shifts
6. Other economic cycles investors can make note of & follow to supplement their understanding of the 18-Year Boom & Bust