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b"https://www.youtube.com/watch?v=zkbh2VI__Bs\\n\\n\\n\\n\\n\\n\\n\\n\\nGiven the turbulent times right now I thought it would be good to look back over the past 30-40 years of Australian property data and see how long property markets take to recover after they have gone through a decline. The results are actually shocking and far better than I expected\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nCore Logic's February 2020 Update: https://www.youtube.com/watch?v=8bQ46xpybJs\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:00these are obviously turbulent times that we're living through at the moment with about a quarter of the world in lockdown at the moment and it's very unclear to see okay what may happen to the property market in this time and there's a lot of people who are fearful there's a lot of people going through hardships in terms of losing their jobs or dropping hours etc but also during these times it can actually be a great opportunity to invest in property if you are in a good stable financial position and you're willing to stomach the risk that comes with that so in this episode i wanted to look at okay how long do properties actually take to go down when recessions here or when property markets go down and how long do they take to recover to give some of you out there security if you own a property what may you go through or if you're looking to invest what are the opportunities that may exist out there hi i'm ryan from onproperty helping you achieve financial freedom and this graph came out by corelogic in their march monthly update which i'll link up down below the march update actually only uses february data so looking at that to try and predict what's going to happen is is not very useful because everything's kind of happened here in australia in march but this graph here the historic periods of decline to recovery i thought was extremely interesting now australia hasn't gone through a recession since back in the early 1990s it does look like we're going to go through a recession given all of the social distancing and everything that's happening and businesses closing or going into hibernation but then there's also the massive stimulus that the government is putting back into the economy and how will that actually affect things once we move out of these lockdown measures and things that are happening generally speaking when the government does quantitative easing when they do all this stimulus stuff that tends to inflate asset prices so there's potentially an opportunity through this and on the other side of this but i thought it'd be interesting to look at these historic periods of decline nationally now this is not looking at cities individually because obviously australia is made up of many different markets you've got sydney and melbourne the two primary markets who went through one of the biggest declines i think in 30 years oh yeah and we look at this map this goes back to 1982 so we can see that this was the biggest decline in about 40 years basically\\n\\n\\n\\nso you've had sydney and melbourne go through those but then you've got other markets like brisbane which has stayed pretty stable and only kind of went down a bit then before then over the last five years or so perth and darwin have had declines people saying that perth may have reached its bottom tasmania still recovered and still was growing during this time so every market in australia is different but here we're looking at nationally these periods of decline to recovery and so what i think is really interesting is that this timescale in months we see the longest decline from peak until recovery of those peak prices was 39 months or just over three years but most of them fall within a 30 month window or two and a half year window and a lot of them actually fall within a two year window now remember as well that this is assuming that you actually bought the properties at the worst time in history so you're buying sydney at the peak of 2017 right before prices start to fall so you didn't buy before ra..."