aussie john: negative gearing’s killing fhbs, page-58

  1. 2,923 Posts.
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    Debate, point scoring, philosophical positions, economic claptrap. Whether you win points with upticks here , if you have sold your homes to speculate in shares, which I doubt and if you have you are to be pitied , whatever you say the property market is defying your expectations.

    It use to be 40% drop coming, now its 10%. So that is some concession. That may come in 3 to 4 years time and possibly retrace to above todays figures. But you will still be behind.

    Time to grow up boys, be men , you were wrong boys and start to learn from the pros. Get on the property ladder and show some initiative and find a way to get in to an investment of more use than gold, shares etc. Build equity and later get your spare cash to invest in shares/speccies. The way you are doing things is back to front and you are defying the eternal lessons of history..

    Most the advice offered by bears here either conveys a lack of understanding of property and goes against the tide. In fact some of it is quite downright dangerous.
 
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