hi kingy, I am probably at the point where I don't really care...

hi kingy,

I am probably at the point where I don't really care about income - as far as RE goes - just diversity of assets.

which sort of makes land look like it might get a run ----------- which it never has in the past for me.

I don't really want to have any RE if I go by my heart (except for a couple/few places I use personally) - but, it is wise I know.


I find it quite amazing that there really are only so very few serious assets to hold wealth in - stocks or business, RE, Cash -

and I personally believe some metals (but, many people don't believe in them at all).

Pretty much all the rest are rubbish as investments IMO ------------------------ ok, ok, I know some people can do ok with specialist things (as I can) - but, I don't consider them serious investments (art, cars stamps etc etc)..

One of the biggest issues I have with any RE as an investment - is the illiquidity.

It's the biggest risk I see for Aussie RE - even in good times you have to allow a wait of months to see the proceeds - even in capital cities - in the country - it can be years.

The big risk is in downturns - that's the risk I see in a property crash - not the prices themselves - it's how the markets just sometimes hit a wall and you are stuck like a shag on a rock.

Pretty much any young investor has never seen something like that and if you haven't seen it is it hard to believe it can happen - but, it sure can.

Maybe it's just me - but, I sure don't like the way I am feeling about the world atm - and, if my feeling IS right - then, I would rather my assets be disposable very quickly or portable - which sort of puts RE in a bad place

Pinto