am i thinking right re rentals, page-19

Dear lord help us, I think you are right in th eattitudes of some. if they follow alternative views from fringe academics then any mainstream view is not worth considering.

the problem is that there are some who boasted about how much they are making and how they make their property monies and are expecting growth in the 7 to 10% range as preached at the last realestate spruiking event they went to. Then there are those that dont own and have a diehard view that prices will drop 40% or more because of some academic and the use of statistics. The correct answer is some in between.

those that make money in both a rising and falling market are those that understand the dymanics that make the respective markets. I know a guy who has collected properties many would not consider buying only to add value by turning into cash positve investments. for him he doesnt care whether they go up or down as the teneants are paying off his bank loans 100% and even makes a profit. after 15 years he has cash cows.

A personal house is for secuirty and protection, to treat it as an investment to be traded at whims as very short sighted and disruptive to family. that is why people with families will not sell out just because it has dropped in price. Proffessor keene is single as his partner dropped him. will be interesting to see where he ends up living, particularly if he doesnt have a partner to share the rent. since he is from the UNI of western sydney he could find something in campbell town that is cheap already 40% below its highs

Hate to think he is some old dude trying to share a house with some young girls to save money.