I like your comments. I think we all get caught up in the one sided bear/bull crap.
I am bullish in that I think property is a great investment and definately won't crash, but can appreciate the market is made up of many many markets that may crash. I concentrate on inner city as these locations are and will continue to be desirable. In Melbourne my inner city props have only continues to go up. On the other hand I have a couple of mates who live in the burbs and unfortunately their properties have either lost value or stagnated for the last 6 years.
At the end of the day EVERYONE needs a house at some stage, it is not descretionary. They can delay the inevitable by staying at home but eventually they will need to step up. So we may have a flat market for te next 5 years but that demand will continue to build and yet again we will see property take of as the next wave take hold.
Position position position
- Forums
- Property
- whats the age of a typical bear?
I like your comments. I think we all get caught up in the one...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries