No one has specific information as to when the Property Boom started. This is exactly the reason why no one can predict when the Property Bubble will happen. Even experts have mixed reactions regarding the current market performance, with a strong boost coming from the property sector.
Mal James of James Buyer Advocates stresses an important point: even experts cannot pinpoint the exact start and end of this boom. It is also because of this that people should not be concerned about when it will end, but rather in what they can invest in while this is still happening with alternatives in mind. Buyers should take advantage of these controllable factors, as it will help protect investors in case the property market experiences a downswing.
Read more about this on the Property Observer website.