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    House Prices doubling every 7 to 10 years

    i mentioned it in another thread mid year on this forum. Basically i was buying melbourne cbd apartments in Melbourne. High rise apartments can be a risky investment because you are sharing the land with a number of other owners, there was also overbuilding of apartments between 2000-2003...
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    House Prices doubling every 7 to 10 years

    Hey YLD Matters, hows the academic work going. I purchased 5 apartments early 2007 on the basis of postive cash flow when interest rates were 2% higher than what they are now. Rents have gone up 10% since then, a bank valuation done in July 08 had revalued them upwards by $500k. With the...
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    House Prices doubling every 7 to 10 years

    I mean this in a polite manner, but you can think all you want, luckily personal opinions of individual people dont count, only the majority and even then only if they act on their opinion. And more importantly the opinions of this board have no bearing on the state of my future wealth.:D...
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    House Prices doubling every 7 to 10 years

    I smile when you guys over analyse situations leading to investment paralysis. In your whole lifetime there might only be a single occurance when all the stars match, and even then there will probably be some single point of economic or social data that makes you hesitate.
  5. C

    House Prices doubling every 7 to 10 years

    Yld matters, you are correct in that there is nothing special or unique about Australia per sei, but you are wrong in that just because property prices in the UK & USA are dropping that ours should too. What about Cambodia? are their prices rising or falling at the moment? Have you thought...
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