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i'd rather go in a little cool on price and move it ASAP than go in hot and have it go stale.

Cherry picking much?

nah i understand the term and what it means, i just think that it's something you can only look at in hindsight, not while you're assessing where to park your money. it depends on the investor though. i mean, if you're wanting to put money in a term deposit, do you look at the potential lost...

i guess my point is where does it stop? i mean, you're trading investment opportunity for whatever reason you choose to buy a house. what's the opportunity cost of putting your money in a term deposit and not in housing? and then back again? and back again? you would never invest in...

i don't consider "opportunity cost" a feasible calculation. i mean, if you didn't see opportunity where you're parking your money, why would you invest there? "opportunity cost" is double dipping IMPO.

i think you've missed somethign there. if you're renting, 4 or 5 successive rate rises aren't going to leave you starving to pay the mortgage, it'll just mean another $40/50 per month extra in rent over a coming 12m period. food for thought - pardon the pun.