Depending on where you bought, what and when will determine the likely hood of a successful profit in r/e if you've invested over the last two years.
Hard to beat a big fat chunck of equity mate.
Many investors will pull out of property particularly those with development potential, but hose that can't afford the holding costs.
Like the sharemarket, there is generally always value around if you're prepared to pound the pavement.
Many first home buyers will soon come to realise if they don't get in know they will probably miss out for at least 5-10 years. These guys will be out snapping up all the cheaper residential stock.
Wouldn't like to be sitting on a large parcel of DA Approved subdivision right now.
If the stock market takes a tumble investors will be pulling out in droves. The smart money snaps up property or gold.
