hawkers, we used to have some good posters, with different ideas and strategies that were discussed here... they left, they got sick of the fighting and ridicule from the bears... the cashed up property investors will be in the same market, but in a better position financially.... picking up bargains...just like the bears...
when I say better financial position...its because of the excess equity in their existing homes....the banks love to see investors......with equity behind them
I dont see property going sideways....the reason it has held up so well, so far, was the changes in the political arena at a state level over the past 2 years....
confidence will return when the current federal mob are ousted... interest rates are low now...and I expect them to stay that way rental returns are good....and will continue to improve..
I chase both returns, the income to cover the costs, plus the capital growth that simmers along in the background...
that fool stevens said people should invest in riskier assets, as in the stockmarket and shares, instead of chasing term deposits... unless they clean up the stockmarket...they have lost some stock investors forever....
it is rumoured Mark Boris and Macquarie are getting together to get some of the home lending market, with rates 1% lower than the banks....bring it on...
the other clue that some pundits here missed, was when the banks started dropping their 3 and 5 year fixed loan rates... that was an indicator of the future direction for interest rates... so far property has proved a terrific performer since the start of the GFC
