I've read through most of the thread and find the varying views quite interesting, it wasn't that long ago that their wouldn't have been a few people stating that "you'll never lose on property". My opinion is that property will return to the 'one thousand dollars per one dollar weekly rent' guide, which is only 5.2% after all- property will be driven, like any other investment, by it's ability to produce income. Another big downer for property, as an investment, is the prospect of further personal tax cuts, generally people get too sold on the idea of 'negative gearing', when, at the top marginal tax rate, you're only writing off 48.5% of the costs over whatever income is produced (depreciation aside), and, I Believe, most people who own property would probably be more in the 31.5% bracket.
