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You could be right Marc. No one really knows I guess. Maybe I will be priced out in 10 years, or maybe I'll be able to buy a house for 10-20% cheaper than I can now in 6 months............or maybe a zillion different things could happen. I'm happy staying out and saving more for the time being...

In the main: - Buyers agents and; - Property investor guru types who run seminars/websites/go on "Your Money You Call" and advise people on what they think they should do with their money Both of these people should be acting in the best interests of their clients and a fiduciary duty...

Shadow, that is simply not fair. Alot has changed in the last few weeks, in the main: - Changes to the FIRB rules, which I have been crowing about as a huge cause of price inflation - Increased IR rise expectations given continued strong resource sector data (which I do not believe to be...

I have explained it very clearly in my previous posts. But again, and to summarise: The property investing advice/sell side should be far more stringently regulated, akin to the new laws being introduced for financial advisers, given the importance of such advice in the lives of most...

Andrew, I can easily purchase. I am a FHB, have a deposit saved, and am approved for purchase price above the average home price. I simply see property well above intrinsic value at the moment and I believe this will change by years end. If I'm wrong, I lose. If I'm right, I win. It doesn't...

In response to your questions and assertions: 1. Property ownership is of course not a right, property is a private good and so it should be. I am no more or less entitled to property ownership than any other Australian resident who requires a roof over their families head. But public...

Hi Andrew, When a poster stops arguing the topic, and instead resorts to insult, it is pretty clear they are struggling to come up with a reasonable argument. I am not whinging, I am simply putting forward another perspective. It is interesting that you find this so threatening. Good...

I take it you think it's reasonable for foreigners to buy Australian residential property, potentially pricing young Australians out of the market? This is housing, a roof over people's heads, not exchange traded options.....

Well, the govt has been listening to reason and have now tightened the FIRB rules for foreign investors. I imagine there will be some lag effect, however, this will likely slow foreign investment - and the lending figures indicate a reticence in local buyers at inflated prices. I'm sure the...