re:depressed copydog
Wake up to yourself woofer, get your facts right, mate.
" Naturally they can't really say anything negative as its their livelihood. " - agents make money on turnover, just like sharebrokers.They dont care whether the markets up or down, they just care about volume of sales. In an up market stock is hard to come by, in a downmarket buyers are hard to come by. Its all the same to us agents.
"Who would take investment advice from someone who's not even qualified? Another thing I think is funny is that someone who gives advice on buying realestate does not have to be qualified or licensed " -What state are you in? All agents have to be licenced.Duhhh
"This suggests that even the govt thinks property is such a safe investment " -The govt doesnt think anything of the sort.
" I unfortunately know someone who bought an off the plan unit at way inflated prices based on absurd forecasts made up by the broker. " -he deserves what he gets for not doing his due dilligence. My friend sold a unit in Labrador, Gold Coast, for 200k that she bought for 120k only 12mths ago.
