goodbye young aussie home ownership, page-110

Pintohoo,

"If properties that are negatively geared come onto the market in crisis -------- it will take the house of cards with it ------------ conservative investors included."


This is something that Smithyex50 needs to have a read of.

The issue is in the masses. Most have had the wool completely pulled over their eyes with long dated property models where you work for 40 years paying interest - What do you have to show for it at the end.

Imagine how many houses you could build in that time for a pittance of the price - and you are having a good time while you are doing it.

Some people once they are committed cannot see beyond the circle work they are buying into.

I am amazed at the after the fact analysis here and lack of foresight to realise where we are in the investment spectrum for property. All indicators are down and down - prices are down.