population surging, page-129

  1. 2,172 Posts.
    Bbloff:

    Its fine if you don't want to acknowledge whats occuring and what can occur in the future in numerous mico-markets.

    Apparantly the future price growth of every single property in Australia is directly linked to national wages growth and/or national median price growth?

    Successfull property investment is more and more about cherry picking: thats exactly what smart investors do.

    Cherry pick.

    We are not interested in the "norm" or the "average," or the fact that "the chart says long term averages have overshot the model."

    When you are anaylising opportunites at the micro-level all that is irrelevent.

    Sorrry to appear simplistic, but it all really boils down to supply and demand-at the micro level, and buying the asset at the right price.

    Now I'm not saying that finding opportunites and securing them for the right price is easy-its not.

    But some people make a great living from doing it while others prefer to work for someone else 9-5 until they're 67.

    And that fine too, Its just I prefer the first option not the second.


 
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