Some of you may recall my infrequent posts over the past years and recall me being bearish on Aus property.Some 7 or 8 months or so ago I capitulated and admitted I wrong on my bearish property views. Since that time I have been committed to buying a family home anywhere within reason of where I currently live and STILL there is nothing affordable. I have been prepared to buy anything liveable but even these properties are now out of reach 10-20 kms down the road.(melb bayside) Now I know this is going to create some heated debate but I am now in complete limbo on my attitude toward Melb property. Whilst I was a bear and then reluctant bull,I I now feel that things are so ridiculous that only a complete mug would buy anything now(even though I would buy anything liveable and affordable) I guess I'm a complete contraction and need to see a shrink!!! Thoughts welcome from both sides.
