Not seeing a 40% drop!

  1. 1,621 Posts.
    lightbulb Created with Sketch. 6
    Property on the Mid North Coast is going gang busters in the last quarter up over 8%. We purchased 2 more properties in the last 6 months on the Mid North coast both returning over 7% pa and now potentially some healthy capital gains in a very short time.
    If we had of listened to the doomsayers on this forum we would have missed this increase.
    I have been a member of Hot Copper for 16 years and the ongoing predictions of a 40% drop have been here just as long. In reality we have seen at least a 100% increase over that time.
    I suspect we will see the same growth over the next 10 years.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.