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  1. steveadl

    We will defy history if the bubble doesn't burst

    Yes, there's some nice stuff on offer at the moment. Long term I'm quite happy, but short term I think the markets are still going to bounce around and we're likely to experience more pain. For this reason I've been selling down (at a loss in some cases, ANZ biggest culprit for me) some of...
  2. steveadl

    We will defy history if the bubble doesn't burst

    If your talking about one transaction you're right. But in business you'll make a lot more from inflation than you'll pay out. ie. you get inflation on your increased margin and scale. So if you only have one property, and inflation increases your rent and value, then yes, you don't really get...
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