wages, page-116

giday steve70,

yeah, but what is the new norm?

were was/is the line in the sand?

i wouldn't be caught out of the market,

if im wrong ill cop it on the chin,

there is no way in the world that my rental properties will revert back to 5 year ago prices,

and even if it did no one would even know other than people like me who would be ready to buy another one.

property is a long term/life time investment, that you own that other people will be paying you to supply,

im the supplier your the payer,

i only pay the bank for the privilege of getting the money up front to set my financial success up for the future,

my friend has 11 houses that he has accumulated over the last 18 years, i find it terribly disturbing for anyone to say he is wrong and im wrong,

his blue print and my blueprint and anyone else s blueprint for property success is working and will continue to work into the future,

i admire the guy, hes done it tough to get were he is now,

he certainly doesnt have to worry about money anymore,

hes just turned 51 btw, i think hes in a very good position in his life,