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Hence the line 'at least where I am investing'...Funnily enough, as I mentioned in the linked thread this info is irrelevant to me (and many others on SS), I am enjoying uprecedented rent increases in inner Sydney at the moment and have been since the GFC. Relying on median data is a fools...

I know, I am certainly not banking on it, it was merely a suggestion of how quickly it can all change as it has in the very recent past. Not many called it last time either... My guess- rents will rise fairly rapidly and consistently over the next couple of years, in fact this is already...

Where did you pull the $600k + figure from? I think the '6 in front' reference was in relation to the interest rate...I could be wrong but I'm probably not...

Fair enough, my opinion is things will move a lot quicker, e.g. a swift introduction of a $20k FHB grant (don't rule something like this out in property mad Oz!) and suddenly you have 30-40 bidding parties at an auction screaming, "now is the time to re-enter, hope you don't have the same idea"...

Absolutely fair point, however this only holds true in a falling or stagnant market, often the upswing is hard to identify/catch (look at all the physical Silver investors looking to pounce this morning on falling prices after the margin raising, only to find that it had probably been priced...

Case closed?

Some decent arguments raised on both sides but as always mad props to Hobo for quoting his own article- you should be in marketing my friend! :D