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Just as I thought, plucked out of thin air, that said better than one of your text books. Through the duration of this thread your lack of real experience and understanding of property fundamentals has consistently shone through. Its almost as if you took the relay baton off of Belle. I...

Well said Deltaberry, I couldn't agree more. There seems to be a lot of type casting into generations particularly in this thread, but guess what? We're NOT all the same.

I'm still not seeing a valid point here, care to expand? Simply highlighting the word 'Gross' only serves to ignore other aspects such as depreciation and negative gearing etc which to a certain extent negate any additional costs necessary to determine the 'Net'. The point I alluded to was...

Not understanding where the 3% you refer to is coming from? Personally in todays market I get at least a 6% gross yield on all my properties from day one, including one I bought in Sydney's inner west a couple of weeks back. So using the original example of a $400K property. A 6% gross...

How so? With the exception of the word "fabulous" lol.

As many of the seasoned investors will testify to, your statement about the younger of your two lecturers above only serves to illustrate why so many on this forum are deeply sceptical with regards to the information the current uni generation are being taught. Basically he's advocating...

Belle, You're obviously passionate about putting your new found knowledge to good use, but as a few have already stated on here the balance of your argument against leveraging is severely lacking. Personally it is many years since I completed my own business and economics degree, and...

At the end of the day communism was good in theory, but experience has told us otherwise. That said I think its a little harsh criticising a whole generation just for wanting to contribute to a discussion.

You're falling into the trap of comparing property to shares. The asset classes are completely different with completely different variables and cycles. You've got to remember property is primarily shelter with investors making up only 30-35% of the market. The rest are OO's and if the market...

As already stated one property certainly doesn't make a crash. Further to this the numbers above don't really show the full story. The house was built in 2002 on land which cost just $345K in 2000. If anything this shows a great example of a VERY successful developer combined with a very...