Pasqual, you have it summed up correctly, and in a nutshell.
Think some on here treat the property forum as if it were the same as the penny dreadfuls in the stock market. Where they attempt to ramp up or down their $500 investment, whilst hoping to make a killing, or a fortune.
For most people a roof over their heads is paramount to their most basic needs. The idea that some would sell up and toss themselves and family out onto the street, or into a rental situation, as flippantly as per the daily media rubbish, tells us more about the posters knowledge and understanding, more than anything else they might say.
Anyway keep up the daily funny posts, about the 50% plus crash etc....it certainly gives me a great start and laugh for the day. I may check back in, in a couple of years, when the Melbourne median price is double, or closer to one million, and see if the same posters are still here. Otherwise...lets see how the gambling den fares, with current losses at 110 billion so far for May... that saying, sell in May and go away...seems apt again.
A very happy property investor.....and semi retiree....heading up to the country for some R & R ... but I will be back in time for the June 30th sales bargains.. cheers
