Rebel as I stated on the other thread you started if you are going to exit a property purchase in such a small timeframe then this sort of outcome is a very likely one.
"So in the 3 years of "boom" this person will lose about $15K or over 10% capital costs for investing in property.."
Boom - where the hell has it been boom in the last 3 years. I know it hasn't been boom in these areas for years now. It has been easing back a bit from the peak and treading water - hardly a crash either.
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property doesnt always go up... proof, page-7
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