Eh, overall property is (well, was) going up faster than wages, which can't happen forever. I'm tipping extended stagnation overall, with places here and there going up or down since you can't make sweeping statements like "it'll go down" about every single property in this country.
That said, if the market is going up, down or sideways there'll always be the opportunities where all the figures add up to a healthy profit. Just expect to do some work - reno, subdivision, bulldoze-and-rebuild etc - not sit there doing absolutely nothing and expect crazy capital gains like in the recent past.
That said, if the market is going up, down or sideways there'll always be the opportunities where all the figures add up to a healthy profit. Just expect to do some work - reno, subdivision, bulldoze-and-rebuild etc - not sit there doing absolutely nothing and expect crazy capital gains like in the recent past.