Ok , I'll rephrase the previous statement seeing as it was modded .
" I think even a 0.25% interest rate rise now would be the final nail in housing. "
In my opinion , that is a ridiculous , sensationalist statement with absolutely no backing .
" The only reason this can be so is if the data is correct and people flip property on average every 5 years. "
And how do you come to that conclusion ?
" Now this is really odd as prices went up nearly 30% after the GFC, this means they should be collecting much more rent making the propertys positively geared. "
Just because a property's price goes up , it doesn't mean that rent automatically goes up at the same rate and in the same period .
If you had any actual experience as a landlord/property investor you would know this .
