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Well done - 1995 was a fantastic time to buy. I expect you've done exceptionally well from it.

I could be wrong. We will see. Just remember me if it happens. :D

Picking specific properties is a relative thing - i.e. it is relative to the health of the property market overall. I think the property market overall is in some trouble so even if you pick a good one it just means you will burn less than everybody else due to your skills at property...

true true !! and I genuinely believe you are good at picking them. something I could learn some more about! :eek:

gee you are tough on the textbooks! you following what's happening in the USA? there was a debt fueled asset bubble in the USA just as we have in Australia - the cash that went into property was not from incomes, it was from debt. so the same result will happen here and there will be some...

I'm not married to my position. I'll buy property again - just want the timing to be right. A recession would be good - should be a few desperate sellers to pick on during a recession. The guy on $60K with 8 properties and $2M in debt would be a good target. It's just a bad vehicle at the...

But the capital gain, the capital gain! The rest is just details remember!

1995 would have been nice ... I was still studying though.

This is the right place to ask them - in the Property Market Economics section. People should expect questions like that here (in my view anyway - am I wrong?). I think the whole asset category is overvalued for the foreseable future - only question for me is whether it will be a drop in...