Duicorp, that is not how your original, moderated thread read. I was replying to your wondering why it seemed to be regarded as baiting/flaming. That is why my comment was in the past tense, rather than the present tense which would have been applicable if I was referring to your current thread.
So, the one not reading the post properly is yourself.
People who have only been in the property market since 2008, or 2009 or so who have never owned property, but rented the whole three or four years would also have valid opinions, backed up by their wisdom in not buying in a stagnant or falling market. Apropos the family I mentioned in my last post, just how much better off would they have been, renting for four years at $350, rates, insurance, maintenance included, rather than paying a mortgage of $800 p.w. with all the outgoings? Ok, they might have had to pay $450 p.w. in 2008, but an average of $400 for 208 weeks is $83,200, plus $15,000 in outgoings - almost $100,000 better off! And no loss in capital.
So, THAT is how someone who has never owned a property can show that they know more about those who have, even if they have succeeded in the past. Just by researching the market and financial situation carefully, not being fooled by the false "recovery" from the GFC and managing to ignore all the property know-it-alls with their mantras of "rent is wasted money", and "property will always go up (sometimes with the rider "in the long term")".
