Diversification is having your assets in different class's like property, shares ect.
Most of us all have super as well as property so we're all diversified a little bit.
In property investment you could also look at Diversification as.
more than one IP. (wealth is split between more than...
Im gen-Y too saved this in 7 years on 30k - 40k income. with only 3 or so years @ 7% intrest
In 2009-10, 21% of households owned property other than their own home, up from 19% in 2003-04. thats not to bad. It wont all be resi property either.
pretty easy to under stand the cycle...