I’m by far a doom and gloomer, perhaps my headline was a little harsh but it was to get noticed. I’m still buying property, still renovating and still building. But I’m using a different strategy now, if properties go down 20% or more, I will survive it as I’m being realistic. Those out there who keep buying anything and over committing…[Read more]

I don’t have a crystal ball, I wish I did, I’m not backing away from the fall I’m predicting as the data is there to indicate it. Best case scenario, we will have a stagnant market, my prediction is a “20% plus” adjustment, worse case scenario, I’d hate to think. Things may appear rosie at the moment. Wait and see what will happen when all these…[Read more]

Dan, I’m still a property investor as we speak today, in fact I bought a property 2 months ago and looking at developing 3 units. But the data is there to back up my (Garbage Rant as you put it), outlining how over inflated our properties really are, people, couples with good jobs, nurses, teachers etc. cannot afford to buy a house. Something is…[Read more]

The Economy is doomed!
http://www.youtube.com/watch?v=HPeu88ibdl8

Any investments this year have to be made very diligently as there’s a huge property crash on the way. There is plenty of historical data to prove this and it will be worse than the US! What appears to be an economy slowly coming our of a slump may just be an illusion. Interest rates are bound to go up, first home owners grant will be phased…[Read more]