From what it looks like on here, land lords dont look at market data, or care to know about it. they just want to buy a house, as if its a cash cow, throw it in back yard and it will grow fat and wealthy on them. just as a simple fact the sun comes up every day. that is the only reality they will agree to.
When you talk about market data, things that influence investements and cycles, its all new to them, and they get confused and frustrated. And instead of looking at it with no emotion to best understand the situation they strike back with insults and banta with fingers in their ears and then over dramatise whats being said. which just dismisses people who look at market data as doomsdayers, just like christians dismiss others as pagans.
thinking about it, you dont see investors getting this emotional over oil, gas, gold, stock, coal, iron, diamonds etc etc. they actively try and find this info out to know the best times to buy/sel or wait to buy.
everyone wants a crystal ball, because if you know what the future brings it lets you place your bets more effectivly. as crystal ball's dont exist we need to study market data to get most insight on whats coming up.
To belittle people who do this, instead of facing the fact things go in cycles i think is quite foolish.
i am looking forward to see how landlords post on this forum over the next 18 months as Australia starts to follow the rest of the world.
