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simonjb

2,760 Posts.

09/07/14

11:35

Post #: 13632720
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Originally posted by Scotty B ↑

Simon, the whole "get in now or be locked out forever" argument is a bit desperate, buyers are far more astute these days. Reality check is no investor will touch yields like this when far easier money is being made every day on the ASX.

If I was a buyer looking to take on debt to buy right now I would be very wary .... investing in a few good divvy paying blue chips that actually have earnings growth potential and accumulate them until you have your deposit would be a pretty sound strategy whilst the property market finds its balance. Just my opinion.

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You argue that buyers are astute yet they are paying too much. Dreadful contradictions. Which is it?
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