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You do misunderstand..... I rarely use cash to buy property - only other peoples. You've caught me out JIT..... I apologise for using the phase 'less negatively geared' instead of 'very close to costing me nothing to hold and paying for itself'.... I'll be more careful next time:rolleyes:. I'm...

It happened in 1999-2001, maybe it'll happen again in 2010 - I'm pretty sure it won't be happening for a couple of years. I won't be the one to tell you about it - there are far more informed posters here who will.

Prices MAY be up 20%, but if rents have risen 50% by 2010, then it's a lot less risky time to enter the market then. It's also less financially painful for the 2 years until then. It's also possible that other (better yielding) investments will also return 20% up until then. It's not...

Hi FHB, Yep, you can make money at any time.... but it requires a lot more effort at certain times - almost to the point of being a business (some would say an all consuming passion:cool:) rather than an investment strategy. 80/20 rule works for me too:). It comes down to timing. Most here...

Hi FHB, No.... I certainly didn't make that assumption. You didn't quote my subsequent line which put that sentence into context .... There are 100's of ways to get rich. It gets a bit wearing when the same old theories are completely at odds with the evidence of the last century. The...

Maybe someone a little lower down the ladder with only 10yrs of PPOR ownership and a correspondingly smaller deposit, or someone on a smaller salary. In reality there are many theories about why property grows faster than wages or inflation.... it doesn't really matter which one is right -...

Irrational Accidental Investors Remember that OOs (who represent >70% of the market) don't pay rent, instead they pay down their mortgage. So when they upgrade they have a huge deposit (often >50%), so they can afford to buy a more expensive place. Their repayments stay relatively low...