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Either way I win! ;) I've got my credit for my construction approved and I'm building a touch under one million bucks margin into my development and she's $50K pa cash flow positive at completion. See, I'm a nice guy, doing my bit to help the big Aussie housing shortage problem as best I...

Sorry, you've lost me mate, far too technical. Property is a simple game. You buy it, you hold it, it goes up. Sometimes slowly, sometimes rapidly. Sometimes it takes a breath, sometimes it even slides a bit, but in the long term, it goes up. How can it not, people need to live in it...

Yes, that's because the sharemarket is a lot more volatile. If IT rose for 17 months straight people would be screaming bubble. The resi property market is much less volatile, minor incremental increases over a 17 month period is steady as she goes. Somehow this logic seems to defy reader...

Fair call, I do like both... ;) Cheers, Michael

I think he's arguing that my gains from buying my kilo bar of AU a year or two ago have made me more money than a lot of property investors here. I doubt it though. Its gone up from $25K to about $40K I think, woohoo! But I can't retire on $15K of profits. In the same time my measley...

Yep, definately end of the world stuff. Couldn't be clearer. If you haven't sold already then SELL NOW!!! Buy gold and guns and run for the hills. Find some like-minded people and setup a permaculture community with razor wire fences and prepare for the Chinese hoards...