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But falling interest rates make holding property less painfull especially if rents keep increasing. If that were the case it would not matter that prices stagnate for a year or two, that is unless you have just bought into the market. Simon

Excellent point What is the historical data on such occurences in the past. That info would show a clearer picture of our present economic future. Simon

I was doing a bit of work today on a little unit I have located on Balmoral Slopes Mosman in Sydney. The unit is in a small block of twelve built back in the early sixties. I noticed that a lot of the older unit blocks in that area are either being seriously renovated or torn down to make way...