rba warns fhb's this is not time to buy, page-52

Absolute garbage from both passive and justis.

Renting is much better investment on 2 fronts.

1) cheaper due to interest costs
2) capital is eroding on your principle - if buying today.

Australian property last 5 years has been a wake up call for many - the road to riches are not there. Things will accelerate from here to the downward side.

Absolute over priced ponzi on its last gasp unemployed rising hard interest rates dropping.