Why is it that anybody that talks about RE is an agent or spruiker. Everybody has their own investment strategy if you choose to pay $100k in rent and put your money into non income producing assets with CGT when selling then good luck to you. My reasons for posting on here are to counter the absolute misimformed rubbish about Perth that has been thrown up for the last two years. The bottom of the Perth market was Feb 2012 and now we are entering the second phase. Which is the people selling all the cheapies are now buying into the $500k to $800k bracket. Expect to see the median jump in next few months. Nothing wrong with renting, keep renting. My day job is collecting rent and occasional reno.
