1 in 3 Under the Pump !, page-2

It has always been thus, the astute have always bought in gloom and sold in boom, whether it be property, shares or any other commodity. Warren Buffett the worlds most successful property developer long ago said, "Be greedy when others are fearful and fearful when others are greedy". The state of the property market is not uniform, prices have crashed in mining reliant towns, corrected in tourist reliant towns, gone with the flow, droughts, floods and prices in agricultural reliant towns and will always maintain within value in the capital cities if you have purchased astutely. Remember 20 years ago you should have purchased and in 20 years time the same will be true, time heals all wounds if you are not terminally ill, so to speak.