I'd love capital gain. It's no good me sticking money in the bank, as I only have mine to stick. With houses, the tenant is contributing as well. My point is, what if the paradigm has shifted and there won't be any capital gains over the next twenty years. I still need a model that provides me income when I retire.
I mention the UK for a number of reasons: 1) it has stagnated there for quite a while now, which means they may be closer to a capital gain recovery than Australia, which has only just started it's stagnation/decline. 2) the average house price is less, therefore if I want to pay it off quickly it is easier to do on my salary - the aussie dollar being high at the moment, and my salary decent. 3) I won't be relying on negative gearing, which in turn depends upon me working
