I'd just like to throw in my two cents about how property CAN make you money.
I’m 27
Hold 2 x investment properties and my PPR.
I am about to get married. When we decide to have children I will most likely sell the two IP and live debt free (in order that My wife won't have to work)
I will use the extra cash flow as my career progresses to get back into investment properties
My PPR is substantially above median house prices for the major city I live in - and I will / could be debt free @ 27. I am of the view that you should hold long term, but in my case Its the lifestyle I am after. When I get back into the investment market I will hold long term.
If that's not an example of making money from property I don’t know what is.
Property is NOT unaffordable in Australia if you are smart with your money.
