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i've been in the game 20 years and would agree that in the last 10 years the growth took a different form, but there was still growth in the first 10 - just of a different nature - and same with the 10 years before that and the 10 years before that. great to hear, MB, that you have had sucess...

but futher to michaelw's post ... it's also naive to think that people "have" to stay in the house they first bought. what a savvy percentage do nowadays is buy what they can afford, value add, let time do it's thing, sell and upgrade. repeat. means we've gone from small deposit on a...

ausprop - post # 15 I agree that the majority of australians aren't property investors either. that means their ppor is their only property asset the majority have when it comes time to retire ... but if they rented and didn't buy their ppor, the majority would have no assets at all (asides...

so - from you figures - they've made a profit of around $67,000/yr average by paying not much more than they would have paid in rent. a total of $800,000 that they now have complete control over. that's an entire other income. even with saving the small difference if they rented and...