de ja vu, page-181

"your decision about whether to sell your house at the top of the market and rent/lease until the market falls and then buy back in; and also perhaps whether you should liquidate as many assets as possible and trade rather than invest your net wealth."

HB, I have actually considered this scenario. I bought into real estate in my early twenties (7 odd years ago) and obviously I have done reasonably well. I have taken my profits and used them to buy something I can live in for a long time. I unexpectedly did rather well again and I'm tempted to take my profits a second time (they would be tax free this time) and use a portion to trade with. In a purely dollars based decision I think it would quite wise. The hardest question is where to put the excess in the mean time. Cash would probably be better than real estate.

Also I'm not sure the adelaide house market will fall. It could do what it did before the most recent boom and just stay flat for over a decade. That would stuff the plan.

Regardless of ones financial position, theses are interesting times and fortunes are being made and lost as we type.