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No, I'm saying that the current market upswing we are in now (from 4000), is based on the expectation of QE3. When the excitement of the idea of QE3 dies down, and people realise that it will work as well as QE1 and QE2, then the market will head back into a bear market down.

This one is a sovereign debt crisis. Spain and Italy recently got help from the ECB, so they borrowing costs have fallen sharply the past 2weeks, but eventually the 10yr bonds will creep up again. I think one of the 2 will need a bailout by Dec 2011/Jan 2012. Then prepare for more market...

What difference does it make. The US and Europe are still intervening trying to keep the whole thing from collapsing. In the end, all that government intervention has done is delay the inevitable (and put the world into even more debt, which is the cause of the problems in the first place)...

Next 16-17mths to end of 2012. 2013/2014 is when I plan to buy again. Two different sets of dates devo. Laugh all you like devo. You probably also laughed as well when I called an eventual 3200 ASX early this year by Nov 2012 didn't you, so still a further 25% drop at least for the ASX...

Negatively geared for a few years, on top of what will be a property market correction. Add up the loss of money on the "investment" in the near future. Anyway, I seem to be out of wack with the Somersofters in thinking that now is a very bad time to buy more property with the world heading...

what are you on. Of course you pay more. you are paying out of pocket money on the difference between rental income and expenses. If this is not offset by capital gains, then you are loosing money on the investment.

So the experts say the property market isn't following the property spruiker script and is a lot weaker than they had thought it would be, and you want to listen to them for advise when they say it's a good time to buy:confused: Is this the intelligence of Somersofters now?? Everyone who could...

~$2+million generating $150K/pa at least by then. Plus extra from day trading, and a website generating passive income. $250K+/yr I think should be comfortable. Anyway, I hope people think it's the time to buy property now. More distressed sales later on:D. I really don't think people...

Yeah. Investing in falling assets is good and makes plenty of sense:rolleyes: Maybe you can negatively gear it as well. That way you'll not only have a declining asset, but also be forking out even more money as well. Bonus!!:p You are a financial genius aren't you. Meanwhile the smart...

Exactly!. But if you think property is in the doldrums currently, then you clearly have no idea how bad the global economic situation is, and how much of an impact it will have on Australia property. Government FHOG rises and the like ain't gonna save Australian property this time. Yeah...