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  1. wategos

    The next 10 years: Prediction of the market

    Waiting in cash in the current environment is prudent, there's likely to be significant corrections in the next few years.
  2. wategos

    The next 10 years: Prediction of the market

    Yes this is a better solution going forward than asking people to buy on the fringes and travel 3 hours a day. Governments should make it much easier to develop an inner city house site into 12 apartments, transformations that many cities around the world have made. Hmmmmm.... It WAS easier...
  3. wategos

    The next 10 years: Prediction of the market

    You need to go back just a little bit further, property investing/speculation took off massively after 2000. 20 years ago there were less than 1/2 the number of property investors there are today. It's that increased demand and competition that has pushed up prices and made it more difficult for...
  4. wategos

    The next 10 years: Prediction of the market

    Prev generations didn't have to compete so much with an army of property investors. It was easier to buy 20 years ago when I bought my first place, I was the only person bidding at the auction, Sydney east. That place has gone up 4 times, I don't expect anything like that growth in the next 10...
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