Portrait of Akhil Patel Economist for Property Sharemarket Economics
Portrait of Akhil Patel Economist for Property Sharemarket Economics

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Akhil Patel

Akhil Patel

Economic Cycles: The ‘Biggest Period of Wealth Creation’ Is Coming

In this episode, we are joined by long-term economic cycle analyst Akhil Patel, from Property Sharemarket Economics. Patel says that despite the Covid-19 induced recession, we remain on target for considerable wealth creation in the next eight to nine years, and that global wealth will double by 2026.

While there may be a second recessionary dip and another market correction, Patel thinks that subject to the rules of long-term cycles, there’s nothing unusual about the current setback. IGTV’s Jeremy Naylor looks at the opportunities, when they may occur and the risks to the strategy. The two also discuss how long will the mid-cycle recession last, what are the impacts of the fiscal policy and increase in leverage.

Image graphic of magnifying glass being held up to model houses - symbolises the a closer look at real estate patterns.

Find out more about
the real estate cycle

Find out more about the real estate cycle

Find out more about
the real estate cycle

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Property Share Market Economics - 18.6 Year Real Estate Clock 2pm