best places to buy property in melbourne, page-33

You try and find any comments on property that dont come from the mouths of real estate agents.
of course the trend for property prices is up...so is the trend for beer ciggarettes and everything else...thats inflation...
So from that line of thinking I should buy all the beer I can now and sell it in a few years cause the trend is up, maybe if i start buying it all others will wake up to the demand and will start buying too.
Before I know it the carton of beer I bought for $40 is now worth $80...ridiculous you say...well thats just property has done.

Anyway like goblin says...why would you buy when rent is so cheap.
It is substantially more expensive to have a mortgage that to rent.
Even more expensive if you bought during the top of the market.
Show me any evidence melbourne property prices have risen in the last 12 months in general without even including inflation.

I see absolutely no reason to be buying property for the next few years.
Yes I sold my property last year and beleive I can buy it back in a few years at the same price if not a hell of a lot cheaper and not only save a bucket of money but make a bucket aswell.

The only people defending property are real estate agents and those who own it and try and convince themselves and everyone else its a good investment.

Its over for now