property update, page-18

re: tokyo property prices -dirt cheap G'day all
Good input all, even JR :-)
I think mcfarlane's comments fullfill a couple of purposes.
First the obvious one, warning people to be careful of buying in boom markets with looming oversupply.
Second, as he is pretty much snookered on interest rates, rhetoric is his chosen tool to try and stem overheating.
I still believe that cautious investment in RE with a view to hold for the long term is still going to be a good bet.
At least its one part of a balanced investment strategy. Research is the key.
So many possibile outcomes currently, or was it always like this and I only just noticed, probably the latter.
cheers
Rod