I don't intend to get into the old argument of shares Vs property, however, the thing that go wrong is that property can go down too, or at least sideways for years. Meanwhile the holding costs continue to roll in,unlike shares. Right now Australia has the second most overpriced property market in the world. Yet we have more land per capita than any developed country.WTF. My diversified share portfolio has outperformed property in good times and bad. It all comes down to the investor and where and what property they invest in. There are many pitfalls in property including the holding costs , bad tenants. In some states we still have that criminal practice of false or vendor bidding at auctions. When you try and explain this to foreigners they look at you like you are crazy when you explain to them that your friends and rellies can show up at the auction and falsely bid in an effort to push the price up. Good quality equities that pay fully franked dividends , and there are a good few of them, leave property for dead.
