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  1. Luv2Travel

    State of Australian housing market

    Was thinking the same thing... :rolleyes:
  2. Luv2Travel

    State of Australian housing market

    I think it's dangerous to invest in something you know nothing about which is why I stick with what I know. I see clients lose thousands on shares all the time and wonder why on earth they stick with it when they obviously haven't a clue what they're doing. How many have I seen lose money on...
  3. Luv2Travel

    State of Australian housing market

    Thing is, it won't be no growth forever. It might be low growth for a little while, but I'm happy to "guess" that there will be another typical cycle with good growth in the next 10 years. My negative portfolio only has to grow 1.2% per annum to break even, I'm happy to accept that rather than...
  4. Luv2Travel

    State of Australian housing market

    This was precisely my point. I don't believe the Melbourne market is going to be thrown into another boom any time soon, nor do I believe it's going to crash. I just provided an example close to myself to show it's not crashing as some might suggest. I believe it's going to be cool for a...
  5. Luv2Travel

    State of Australian housing market

    An apartment in my Melbourne Bayside complex went for 26% above reserve last weekend. I'd say that's fairly healthy.
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