I have never had to read so much bull#%*# in my life.Not every property is over valued.Not every home owner needs to sell.Not every investor bought at the top.To suggest property investors,owners,fund managers or who ever will unite to decimate property at once is a joke.With lower rates around the corner and they might go as low as 5.5%.The smart investor will lock in for 5,7,10 years at very comfortable rates giving them plenty of time to ride out any variables.
Why are some people so fixated on the price of houses.Is it because they are yet to make a commitment to a long term GOAL.Thats right its a goal to own your own Home or investment property.Today it seems that some people believe the world must stop so they can get on(It wont)Start small build equity sell move up and move on.Keep it simple live with in your means and you will do well.The average person should not aim at buying that dream home as their first home.As we do on the stock market we trade our way up and as in the stock market you should take a longer term view into account as you would do with blue chip stocks.I have used this formula i now own my own home 3 investment properties and other projects and im no different to many of you guys. Its not where you start its where you finish. _ebit
