"Personally I don't give a rats what prices do in the next few years I am in for 20 to 30 years +, as property is a blue chip LONG TERM investment. Overall market growth may occur but I tend to think there will be price stagnation for the better part of the next decade."
Universal trader - In the instance of price stagnation would be willing to continue paying interest on your mortgage/s for little to no capital growth? Are you happy to service a debt of a few hundred thousand dollars in the hope of capital gains in 20 to 30 years? If you think there will be "price stagnation for the better part of the next decade" wouldn't you be better off investing your money elsewhere until such time that property experiences positive growth again?
