Ah well I guess asking you not to get agitated and telling that I know you know this stuff fell on deaf ears, I still offended you.
The bit about the depreciation is right, in the end you have to give it back, if you sell. That's a big IF.
Secondly, the start of the investment is the most difficult and that is when I need the most help with cashflow. Years later, if I sell, if I have to give the depreciation back it's no biggie as it will be a trivial amount compared to the capital growth.
You got one thing wrong, no property spruiker ever got into my head. My investment in property was entirely driven by following the example of family and friends.
The ones who invested in property over the decades of their lives are all living a very comfortable retirement. The ones who didn't ... well not as comfortable.
It's hard to understand how a professional in areas of commerce has got it so wrong for so many years with regard to property. Don't you have any sense of fair play? Have you never felt that admitting you were wrong would balance things out a bit?
Over all the years that you have vociferously talked property down (and been wrong) have you never felt a need to say "yeah, yeah, OK I was wrong". Why continue with the rhetoric and pretend like you are saying something new? YOu have been saying this stuff forever and at least to now you have always, ALWAYS, been wrong.
Are you man enough to say this or should we keep pretending?
