DaveinPerth as I said I don't know of him and I can't remember ever reading his stuff before and just stumbled across it in yahoo finance . If u have a copy of his predictions for 2011 it would be interesting to add them into the post . I think he is trying to stick it up the property seminar mob re options and rules etc .
I agree with your comments UT but also agree with the writer here as well ; If you want to grow your own significant property portfolio, you need to buy a well located property below its intrinsic value, in an area that outperforms the average over the long term in terms of capital growth and a property to which you can add value so you can manufacture some capital growth.
Actually thinking about it that above paragraph is a bit miss leading as some of the best deals are buying in suburbs which haven't done well but are next to burbs which have . Money flows from one area to the next if they are similar etc .
just food for thought but I reckon this year into 2013 is the time to find those bargains as some posters already have .