Yes, heard that before too. In reality though, more "land" is being made -everytime a council approves rural land for development, and everytime the developers put 2 houses on a block where there was 1. I started with three IP's 6 years ago, and caught the "boom", but it's been flat a s a tack for at least 2 years now with average pa growth rates reverting to more normal numbers. My shares portfolio on the otherhand has boomed, with the might Ox continuing to deliver.
OXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
