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Old 26-10-2018, 11:47 AM   #741
EFFalcon
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Join Date: Dec 2004
Location: Mornington Peninsula, Victoria HeadCount: 3
Posts: 11,194
Default Re: Australia housing bubble

Quote:
Originally Posted by fordomatic View Post
Why don't you all look at the long term figures of the housing market, just like the share market there are dips. It's been proven time and time again that even in bad times it will recover eventually. I have a few investments, some of them are up and some of them are down, I am 99.9% sure in 30 years they will all be up though, if you look at every market trend in the world.

Hell my uncle lost 80% of his profit in the recession, 6 years later he's back to where he started, not the end of the world.
Unless you need to liquidate any of those assets due to change in circumstances..........
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