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Bill, You've confused inflation with capital appreciation again. Let's see, under your scenario inflation is 7.2%. There has been no capital appreciation on the property at all. At 10 years of 7.2% inflation a dollar at the end of the period is worth half of a dollar from the start of the...

Mark, The collective wisdom of this and other property forum says otherwise. Spend some time reading back over the history of this forum. You'll learn that while common sense (a rare commodity itself) is a basic requirement, if you want to be successful as an investor in achieving...

Mark, The point is contained in the rest of my previous post. Simply buying an investment property won't make you financially independent. And booms don't last forever, you have to be able to preserve and grow your wealth through other times as well. It's buying correctly and leveraging...

Mark, You're a human not a monkey. And you missed my point utterly. Cheers, Aceyducey

Georges, Find me a monkey who made money on the property market during the period you specify and I'll allow you the point. I really think you don't fully grasp the value of knowledge in investing. Certainly many people saw their property increase in value between 2000 and 2003 - note this...

Bill, Remember that baby boomers will live to be an average of at least 85. And they'll need retirement income the entire way through. That leaves them involved in the property market for a long time yet! :) Cheers, Aceyducey

Bill, Isn't it the case with most booms that people simply don't see where the next one will come from? :) And they don't see it until it's well underway. In regards property however there are several clearly visible trends which have the prospect of leading into the next boom. 1)...

GeorgesA, Now I know why you got yourself into an awkward situation. You dismissed the input of experienced investors. Generalising that all their advice was worthless to you. Rethink your attitude and you have a chance at becoming more experienced and knowledgeable as an investor without...

George, The question is not whether you should sell with a loss, it's what you learnt from the experience and how you apply that to your decision today. My general philosophy is that if it's not seriously eating you, you don't have anything better to do with the money and there is a...