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12.66M 21M give or take Good point Oracle. We now have 10M more people today. Not all live in Sydney of course and not all who do want to live in the CBD surrounds. But all of that taken into account, there are not proportionately more inner city homes and so supply is restricted with...

Yep, pretty sure :) To use Token Funder's phrase: not so much. And the ones that are out there, require a 20% deposit for a start. Hadn't you better log off now and come back with a supportive post from Mick691? :D I will probably get bored with this soon....but a bit like Kramer...

No-one on a $67,116 wage is going to be buying a $524,500 property. No lender is going to let you make repayments on a loan that consumes 85% of your wages. But this argument has been done to death......where's Keith with his charts?

The only thing that makes any investor think that what has happened in the past will continue to happen is just that. Despite people holding views like your own, they have been proven wrong over and over again....and the chances are that they will continue to be so. Cycles come and cycles go -...

A full property cycle normally goes for between 7 - 12 years. Now you are asking if you only owned a property for 4 years (2 of which were supposed to be like the Great Depression of the 1930's) and you have not had much growth in that time, should you get out? :confused: My response would be...

Extreme levels (however you define that ) of CG does warm the cockles of my heart :) However, this is not particularly attractive to investors.....at all! Borrow money at 7%, pay a PM, pay rates, pay insurance, put up with tenants, pay maintenance, have some vacancy for a standard 5%...

kenneth, this topic kind of got done to death on this thread (all 15 pages of it): http://www.somersoft.com/forums/showthread.php?t=54038