property - very scary stuff!, page-5

  1. 17,117 Posts.
    nicky
    property goes in cycles, if you can afford to hang onto your property then you will make a good profit
    but allow 2-5 years
    telling everyone else to sell up now and panic is not
    the answer to your problem
    and some of those 25-35 who bought property and screaming now, also live a full lifestyle, give up nothing, buy the latest biggest fastest wowiest things they can.......they cannot have it both ways

    you are either a serious investor, who looks long term for the correction, or you are not serious and bail out the minute you read a paper with a negative report
    heaps of other reports on property at the moment, its doing ok, not in sydney atm.................but that is all it is........at the moment.........
    and it is a long term investment, up to 10 years
    good luck
    cheers
 
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