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the reality is, buying a house and waiting 30 years for 'growth' does work. but price growth is really a devalued currency against the initial asset. the price didn't go up because it was more valuable, the price went up because your purchasing power went down because of inflation - ie it cost...

no, pretty sure he meant "barely more than the inflation rate", because that's what he typed. "official rates" versus real rates are another thing entirely. a cup of coffee at my local went up 10% last week. my favourite lunch at my local lunch bar went up 15%. apples at woolies just went up...

...*yawn*...

there's going to be a squeeze on any "growth" until about Feb?Mar? next year. the way the unions are talking, it's going to be industrial disputes ahead of the election and then about 6 months to put them to bed and get on with things. with that kind of uncertainty, expect nothing and pray for...

yay - more boom bust polarisation talk. awesome - what a quality discussion... :rolleyes:

how about "enough already"....? it's like watching the biggest loser in printed bandwidth. :rolleyes:

yes it is, unfortunatly can happen both ways.

yes yes, so I'm a bit gun-ho...

gee, you think? :confused:

it's not. it's down to a chicken-egg argument. prices rise, wages rise to suit, prices rise to reflect that, wages rise to suit -chicken/egg. we may see a stabilisation in costs over the next 5-10 years as IRs come off the boil and Glenny-boy moves on.

$150b is what - 3 smaller startups or half of a wheatstone?

'Kay so clearly I'm no expert on the Brisbane market.....! my point still stands with the other three examples I gave though. I'm still looking for a qualifier for the phrase 'a long time'. admittedly, hobo's tongue in cheek response to go back to the 1890s is prob a bit far, just trying to...

that's my point though - you're effectively agreeing with me. i just said, if you'd have bought brisbane in 08/09/10/11, you'd have experience mild growth since then. black swan events like a whole state of australia being underwater is not evidence of anything except a lot of rain...

so you would consider that "mild" by the vague definition?

then i gather, from this material, that you agree with my sentiments? Australia's population is set to double by 2050, after doubling from 1990 levels recently. i see nothing but a squeeze for property in the medium - long term.

hobo, no offence, but you can't extrapolate those comments nationwide. i appreciate the fact you're posting from SA where it may indeed be correct - but here in Perth a majority of rents have gone up 50%, some as much as 100%. if you'd have bought something in 2008/9/10/11 when the...

can some please define "long time" for the title of this thread please?