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Housing Market

Exclusive Interview with Dr Cameron Murray — Forecasting Australia to Avoid a Recession in 2023

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By Catherine Cashmore, Tuesday, 20 December 2022

In today's Land Cycle Investor, Catherine chats to Dr Cameron Murray, author of Game of Mates and Rigged; books to study if you want to uncover the tricks of the Aussie super-rich. Check out their interview below to hear why Cameron believes Australia will avoid recession in 2023 and why we still have some way to go in this cycle before we see a *crash* in property values…

There are not many economists talking up the property market right now. But one figure that thinks things are more likely to improve than trend lower is Dr Cameron Murray.

Dr Murray is a Postdoctoral Research Fellow in the Henry Halloran Trust at The University of Sydney.

He’s also the author of the excellent book Game of Mates and the second edition of that book, Rigged.

These are the books you need to study if you want to uncover the tricks of Australia’s super-rich.

Namely, rent seeking.

After all, this is why we have a land cycle, a commodity cycle, a credit cycle, and, ultimately, a volatile business cycle.

Australia’s economy is built around it.

More than 80% of today’s wealthiest Australians have made their fortunes speculating on property, mining, banking, superannuation, and finance — gaining favourable property rezonings, planning law exemptions, mining concessions, labour law exemptions, and credit creation powers.

If you want to free yourself from wage slavery, you have to learn the game of Monopoly as they have.

There are few who understand the property market and the drivers behind it as Dr Murray does. This is why I reached out to him to discuss what’s ahead for 2023.

Tune in to hear why Cameron believes Australia will avoid recession in 2023 and why we still have some way to go in this cycle before we see a *crash* in property values.

You can read more of Cameron’s work and fresh economic thinking at his Substack.

Best wishes,

Catherine Cashmore Signature

Catherine Cashmore,
Editor, Land Cycle Investor

PS: Due to the festive season, Land Cycle Investor will have a break in its publishing schedule next week. We will be back to our usual schedule on Tuesday, 3 January 2023.

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

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All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

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