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Or just before a capital city boom as I did with Melbourne (my first one in 2000 before that boom and the upgrade a couple of years ago before this recent growth). I know I'm in a better position having bought, for the sake of costing me initially, long term my costs are definately going to be...

I said the figures were just an example and bit optimistic for today's markets, however there are plenty of people buying neutral/positive properties today according to this forum. My point was just that I believe if you want to live in a fancy suburb with yields of 2% then renting is perhaps...

I know. :) Ok, forgetting inflation, let's take a hypothetical scenario today (figures probably not realistic in todays market but I'm just trying to prove a point on a postively geared property). Property purchased for $300,000. Rental Income $24,000 Outgoings $20,000...

To me this argument seems to be that the lower the yielding property the better off it is that you rent. However, what if you buy a property that is in an area which is close to neutral if you were to rent it out instead of live in it. Ok, so you have non deductible debt and expenses, however...

I have never rented, however I would always prefer to buy than rent. Main thing is the security and being able to do as I please with a property. Knowing that I could be evicted at any time if landlord decided to sell or move in or whatever wouldn't be appealing to me. As for numbers, I...