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So investing in property is just for the wealthy who don't need to take out a loan? There seem to be plenty of people on this and other forums who started investing with very little, borrowed, bought wisely (although most admitted to making a few mistakes along the way) and have definitely...

So those who are already well heeled can take advantage of the situation while those who want to improve their lot in life can just keep working for peanuts and watch on from the sidelines? @#$% that! There's a lot to be said for fixed-term loans.

Excuse my ignorance and stupidity, but how are you supposed to purchase more properties if you don't borrow money? I have 4 investment properties and that's how I bought mine. So unless you have the cash to buy outright then don't invest in property? If this isn't what the RBA is saying then...