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I was at drinks last night with a colleague's mates. Property came up as a topic since we all work in finance. This young guy around 30 (well older than me) told me he's waiting for the market to tank so he can swoop in. I sort of laughed it off. Fact that so many people think like that means...

Peak or not peak not important. All about good cashflow, buying well and understanding the outlook. You need to buy properties with a Warren Buffett approach and be prepared to hold it for 10 years. Eg I settled an inner city house few months ago. Price: 795k Rent: 55k net Depreciation: 15k pa...

It's all about cashflow. If your numbers work, then it works. If you're just borrowing recklessly then it's much riskier. But the downside is capped because banks wouldn't lend to you in the first place.