G'day tripster, if you re read by last thread carefully it denotes I am coming from a development angle. It's certainly not the time To buy,rent and hold...it is time and will improve, to research, talk to councils,buy, develop and then sell. Good properties generally sell, if the builder is not too greedy irrespective of market conditions.
Statistical analysis is not specific enough to determine ones opportunities..beware of analysis paralysis. Hence why a bear should not rely on too much data that is released to the masses..economists of the last ten years were not even able to once predict the direction of the Aussie dollar. Apply common sense and align yourself with a wealthy, smart investor/developer for mentoring and beware the scared little bears in a property forum....
Unfoturtunately this forum does not help those who wish to create wealth in real estate and it is a real shame. This forum needs to take a leaf out of some the popular share forums or a a breakaway forum for investors/developers should be created..at present there are too many bears in the cave hibernating...it's time to wake up.
