bad news for renters?, page-12

  1. 14,931 Posts.
    That is true if you buy at the top and are forced to sell in a short time frame at the bottom. Property is a long term investment and smart property investors don't usually buy properties that are overvalued and certainly not by 100%. Furthermore, those investors that are flush with cash and can part with it for long periods of time see property as a good tax effective place to park their money.
 
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