Search results

That's fair enough, but it's a single example with quite a few unknowns attached to it. That said, generalities are not intelligent, and I probably should have known better.

But isn't that the point?

Ah - gotcha. Interesting question, I guess it's possible. The real question for investors is what such a situation means. We have to differentiate between market average and individual performance. Typically, I would expect well located, quality property to outperform the market average. The...

A decent sports car IS a lot of fun, and doesn't have to be expensive. It's also lower maintenance than most boats and supermodels.

Over time society changes, and changing house prices is a symptom. Don't forget that although houses are a lot more expensive than in 1952, lots of other things were a LOT more expensive (whitegoods, clothes, cars, travel, some foods, etc) than they are now - a fact conveniently overlooked by...

No. It means that the market average indexed for inflation didn't change. An individual property might have done worse, the same, or better.

I know 2 couples with grown up kids, both of whom set themselves up to go and do the grey nomad thing. Both spent substantial dollars (1 to buy a large caravan and 4WD, 1 to buy a bus and have it fitted out as a camper). The first couple lasted 6 weeks on the road before getting bored out of...

For me it's not about picking the bottom, but rather about picking a point where the market has obviously overshot, and from which I can hang on through potential future pain. That said, I've NEVER actually done this, but will likely attempt to do so in several years time. I've said on more...

Umm... because I can't go back in time...? Seriously, though, I suspect market softening will have a bit of momentum, and bargain hunters should consider that.

I'll second this. There should be some good bargains to be found soon.