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You posted that i was preaching before i posted the last 2 of your quotes of mine. We can all play that game.

Thats like people saying "Warren Buffett does this and he does that". Slightly different circumstances to the average punter. So not really a valid comparison. I'm sure Lee Shau Kee isnt a buy and hold buyer of 2 x townhouses in Logan area.

HELLO!! ....Wheres the preaching? I just buy a property and rent it out. The less i hear about it the better. I got other things to do.

Yes, all good points but 99% of property investors just buy a house and rent it out. They are not involved in the world of development, pre sales, off the plan etc.

Yes i agree. But what i'm saying is at this stage of the market, the trend is your friend. And the current trend is not your friend. Especially on the low yields available now. I'm not talking about development, renos, etc...just buy and hold. If there is more chance of the market...

Or rents to rise. Or a combination. What i'm saying if you can easily cover your costs, it doesn't really matter when or where you buy. For some.

Who's saying that? But buying low (but still high relative to past gross yield and affordability) and seeing the market falling while neg gearing does not make investing sense. Buy when the market is trending up, not down. If you can get 8+ gross yield buy in any market. Doesn't matter.

Buying a property while the market is declining does not make sense. Why would you do that? It goes against all investing fundamentals (as opposed to mum and pop property investing fundamentals)