"we are talking about somthing trading at double its 100+ year norm
not somthing 5% above norm"
Well it is extremely unlikely that we will see any US style collapse in prices. The world is starting the low recovery process, our unemployment is unlikely to sky rocket, and the majority of home buyers are not as dumb as many doom sayers think they are and have allowed for increases in interest rates.
No in 20 to 30 years today's prices will be cheap and my properties will be fully owned by me and earning a steady stream of rental income. Nice and simple, no rocket science involved - just a bit of time required.
