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It's better than the aren't-I-wonderful-that-I-invest-in-property mentality that pollutes this forum. Just because you are making money from it, and other forumites pump up your tyres, doesn't mean it's the meaning of life. And it doesn't mean you're actually helping people. Property investors...

I wonder if any of the houses would have been purchased by home owners? I'm not saying it's right or wrong, I'm just making the point. Most investors (especially Jan Somers in her first few books) just buy existing homes. I bought something that almost certainly would have been purchased by a...

If there are approximately 8 million households in Australia, (approximation only) And if approximately 25% of these a rental properties, (again, approximation only) Well thank goodness we have investors to actually buy these 2 million houses, because without them, these 2 million houses...

I agree. Hence the is very little abundance in the world of investing. You gotta make sure that no too many people do what you do, and be grateful to all the tenants out there who help pay your mortgages.

The amount of money is very different to its value. Just because the amount of money out there is increasing, doesn't mean that there is any more value out there. The concept of 'Unlimited Wealth' has many flaws. When you buy a house, you are buying something that someone else cannot buy...

So if money is made from land (which it certainly is in this forum), and money is also made from shares (which it is for anyone with super), and if money is also made from business (in which you can apply the same principles of scarcity), how on earth is money created out of thin air?

I don't quite understand this concept of money being created out of thin air. The way I see it is that every single piece of land is owned by somebody. For you to purchase a piece of land, someone else needs to sell. The sharemarket is very similar. There is a certain number of shares, and...

I get sick to death of people complaining about the price of property! Guess what, we all had to do it at some stage. And when I did it, I didn't have a huge income. 30 years ago, I was earning $10,000 per year! That's right, that's less than $1k per month. Most people today spend that on their...