Ok I will bite.
"Ten years time the Son of Risk and his love child Hungry Bloated will say prices were cheap today"
You are making a very large assumption that my investments will underperform Australian residential property in the long term. Talk to me in ten years, before then its just hot air.
What is it at the bottom of those PDS forms again that financial advisors have to get signed by the client?
Past performance is no guarantee of future performance.
Something like that anyway.
Like I have always said, I am not saying property will drop, by my estimation property on aggregate may rise somewhere between 50% and 150% in the next 10yrs, or may drop 20%, that is my range of expectation. If you take the upper figure of 150%, and add leverage that quite a substantial sum, but in 10yrs a lot can happens in other markets, but its hard to see that when you are a one trick pony. LOL
Save your arrogance for someone who will actually believe you are the kings of the universe.
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