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Propertunity, you are starting to remind me of Chemical Ali in Baghdad. Denial and pushing the property spruiker line that all it good with the property market while the markets beings to fall around you. But it's different here. Australia has a property supply and demand issue. Mind you...

I day trade more now, so don't really care if the overall market is overpriced (but yes, I think it is now, with many companies coming out with poor results). I did say 4700 by the end of April at least 2 weeks ago. I've also moved my super to conservative, and think an even bigger market...

$100K less the costs. While they were making only $100K, I was busy using the slush fund to build up more cash reserves in a rising share market from the low of Mar 2009, and have 28% LVR, and a nicer, bigger slush fund now to purchase more in 2013. Their gains are still paper gains, and...

On this point Propertunity is correct. The bars represent the No. Sales on the right axis, and the trend line the Median Price on the Left Axis. (Not much of a sample size, and no indication of the underlying assets - eg, old buildings being replaces with new apartment blocks in the suburb may...

Yes Propertunity. Everyone, in every country, pre-GFC has nice graphs with nice trend lines only pointing up. I'm not extrapolating anything on a single recent Qtr. I'm basing my view on the state of the world economy, and the impact that will have on Australia property. The "trend line"...

Diffence is there weren't so many people negatively geared in 1990's. It will hurt a lot of people. World economies recover :rolleyes:. Obviously your listening to the RBA and Fed too much. It's not doing anything of the sort anytime soon. Another dip on the way.

Yes, yes, I've heard it all before from the property bulls. No event has happened before like the combination of events of currently happening (PIIGS, US, etc, etc). Your take on it is that there will be no impact. I'm positioning for a 30% fall. Will you jump in if rental yields improve...

I'm just getting excited buzzlightyear. Sitting on 28% LVR with 3 properties, and waiting for a correction, and time to buy more later 2013. And all the pieces are slowly falling into place bit by bit. Plan to retire in 2017, so hopefully the play pans out. Every bit of bad news is like Gold...

Or 30-40% over 2011/2012. Who would have thought. :p We're past the Aug 2010 peak, and past the plateau now where people still stubburnly thought prices only every go up. Now the realisation that prices can fall, and will fall the next 2yrs.