From: Nigel W
Let's get a bit nostalgic and take a trip down memory/inspiration lane...
PI investment is, they say, a great game played slow.
Whilst many are, including myself, using various techniques to add value more quickly, the reality is that it is often just the ever increasing demand over time that makes property values rise.
For the impatient investing souls, like myself, it can often be a bit frustrating trying to accelerate the growth of your net worth.
At times like these, a bit of perspective is useful. However, having been in the IP game only since early 2000 that perspective is a little difficult to come by.
How about some of the old timers regale us with stories about how they bought a property way back in the 90s, 80s, 70s or even 60s for $X and its now valued at a massive $Y. Purely and simply due to their patience (and maybe some updating reno ;^)
I'm sure there'll be a time when we'll all say "a harbourside unit for just $2M - crikey that was cheap!"
Eager ears await!
N.
Let's get a bit nostalgic and take a trip down memory/inspiration lane...
PI investment is, they say, a great game played slow.
Whilst many are, including myself, using various techniques to add value more quickly, the reality is that it is often just the ever increasing demand over time that makes property values rise.
For the impatient investing souls, like myself, it can often be a bit frustrating trying to accelerate the growth of your net worth.
At times like these, a bit of perspective is useful. However, having been in the IP game only since early 2000 that perspective is a little difficult to come by.
How about some of the old timers regale us with stories about how they bought a property way back in the 90s, 80s, 70s or even 60s for $X and its now valued at a massive $Y. Purely and simply due to their patience (and maybe some updating reno ;^)
I'm sure there'll be a time when we'll all say "a harbourside unit for just $2M - crikey that was cheap!"
Eager ears await!
N.
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