"seriously, people only rent a house till they buy there own" There are many reasons why people rent.
"its the way its always been" That tired old chesnut, by that logic everyone should go bush stake out a block of land and start building the house from the local materials that can be found in the area. After all thats how it used to be at one point in time. Face reality things change how it was yesterday is not necessarily how it will be tomorrow!
"you probably only need 10% of rentals, land lords make up a small part of the housing market. why do you think property is there just for you small % to get rich off, its not all about you?
and to think it is and attack people who point out that its not just shows how arrogant landlords are" There will be as many rentals as the market will support at the given time give or take a small percentage - to suggest anything else is your own arrogance as owners do not buy to not earn money.
"its a sad day if you think that buying a investment property is a winning lotto ticket, its also sad if your whole scope of property statistics only stretches as far as just a few years during the growth/peak of a 1 time bubble." No one has ever stated that property is like winning a lotto ticket - it is an investment that builds wealth slowly over time. But since you are clearly only interested in trading a long term investment is a foreign concept to you.
"buying a investment property is not a cash cow that makes you rich. its also sad if this is the only way you know to generate money.." Just because we invest in property doesn't mean we don't invest in other investment classes either - but hey believe what you like.
