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Anybody going to tell me what DCT is? When the sheep get it we treat them to Ivormec but perhaps, in this context, it is somthing else.

Thanks Simon and don't forget " when the going gets tough, the tough get going" but what is your opinion on LOE when faced with the possibility of 20 years no growth in property.

Thanks Beeroll, I was beginning to think my research was screwy. Your references seem to support the idea that LOE is a weak concept if long term market stability is possible. Which I think is exactly what we should anticipate.

Dear Simon, You are right that property and land will always be valuable and even more so in the long run. It is very definately a 'supply and demand' thing as you clearly point out. However, LOE is reliant upon property values increasing. What say the next 10 to 20 years remain relatively...

Living off equity seems only possible if the value of property continues to grow. This has regularly been accepted as a given since the '60s'. Interestingly enough, this historical 'fact' is soon to be given it's biggest challenge since it's origin. The Baby Boomer generation is soon to retire...