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    Investing in Blue Chip Areas pays dividends in Troubled Times

    Went to 3 auctions on the WE, zero bidders but mysteriously the houses have sold since. That seems to be the way atm, either the vender is conditioned to his/her new property price and caves in or/and everyone just hangs back to see if someone will get in there first.
  2. P

    Investing in Blue Chip Areas pays dividends in Troubled Times

    But property doesnt double every 7 Years. I don't think anybody on this board would think that. It's peaks and troughs and is comparible to the all ords over the last 70 yrs. Additionally, carlton was a slum with most wanting to escape to a nice qtr acre block in beaumaris. Gentrification...
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