harb wrote:
Hahaha! Dream on Scamp, without the tax benefits a lot of investors would just kick the renters in the street or put up the rents 4 fold. The rent money alone is not worth the hassle of a tenant, I'd rather keep the place vacant for a few years/decades until I need the money.

Put up the rent 4x at the bottom of the market and cashed…[Read more]

yarpos wrote:
we are we all living ?  under a corrugated iron sheet in a creek bed somewhere?

I think there are many residential propertys purchased for capital investment only and now that capital isn't climbing so fast these are starting to hit the market – thus showing an increase in available property.Many young renters that are used to…[Read more]

What is most interesting about this thread is that, over the past two months, the doom and gloomers have been more prophetic than the defensive property investors. I tend to agree with the basic analysis; current property prices are unsustainable – across the board.As a culture we have been too driven by greed and it is coming around to bite us.…[Read more]