we are just reverting to the mean !, page-10

You need to buy close to water or close to a capital city

Funny you should say that

1km from my drive way and I am standing in water at the beach

8 Km the other direction and I am back in Perth CBD


So I assume the beach counts as water and Perth CBD counts as a capital city

Yet prices are falling every in the suburb and you would be lucky to get 2.5% rental yeild.

And I see you are still fixated on quoting historical growth of doubling every 7-10 years

without being able to explain the fact many properties have increased up to 4 times in value in the last year

Which means they either must correct to return the the historical growth rate you are relying on

or

Your historical growth is now not accurate and can not be relied on to estiamte future growth

you can not have it both ways