"Fact is that after the bottom of each cycle property has gone to new record highs and never gone back to the previous low."
You guys can see what i mean current day property bulls just dont understand inflation.
It's like we could all chip in and buy a few hundred thousand liters of milk and freez it.. then we could sell it in 30 years and triple our money,
did you know the price of milk only goes up? My dad once bought milk when he was young and paid 5c a bottle now it costs you dollars.. if he had held onto that milk he would have made 200x his money..
one day only the rich will have milk, those who didnt buy now will have to have wheat bix with water. coz if you look at a chart on the price of milk over history it like doubles every 10 years or so.. just gets more and more expensive that one day only foreigners will be able to buy milk
