SYDNEY, NSW - The Australian Institute of Real Estate Research (AIRER) today released a report analysing the best time for new property buyers to enter the market. The detailed report, which studies the impact of seasonal trends and macroeconomic factors on the market, concludes that best time for first-time buyers to enter the market is precisely twenty years ago.
“The mid nineties are a solid time to buy – much better than today,” said AIRER President Mr Vouchsafe, at a specially held press conference today. “Our study clearly shows that the best path of action for new homebuyers is to set up a high interest savings account, cut back their expenses, and purchase in the year 1995.”
“And the results aren’t time specific either,” Mr Vouchsafe continued. “No matter what stage of life you’re in, no matter when you are thinking to buy, the study shows you would be much better purchasing the same property some 7300 days previously.”
“It’s that simple.”
In what Mr Vouchsafe said was somewhat of a surprise to researchers, the findings are also believed to have applications outside of the real estate sector.
“We also found that two decades ago would be the perfect time to start up that business venture you’ve always been considering, as well as the ideal time to embark on that dream career,” he stated. “We think the study’s results have a wide range of applications, from getting your foot into the property market, to averting the 1996 Port Arthur Massacre.”
“The Australian dream is well and truly alive and within the reach of all.”