yes i would! (but only if i can leverage my money in the case above)
put it this way - would you rather earn:
a) 7% profit on $600k turnover
b) 3.5% profit on $2.5mil turnover
economies of scale in action
(obviously i would prefer 7% ... but 3.5% is still good in my books as long as it is on...
guys
you are all forgetting something - LEVERAGE
if growth is going to slow down and house prices dont double every 10 years - say 7% PA per annum average ..... that doesnt mean that i still wont invest.
Leverage is a powerful motivator...
example:
1) if house values are only going to...
