North-east region may see glut of homes, says report

[weijian]

Haha, well my view is that it probably didn't take much "skill" to leverage up and buy property in 2010 - it was more of guts. As in equity investing, I believe one can only say one has the skill in property investment once one has gone through a full property cycle. Of course, many people will make tons of money on the way up due to the leverage effect, but I guess I am one who likes to sleep well at night.

And oh yes, I also prefer to make it slowly and steadily - you appreciate it (the money) so much more!

Try telling some1 who has MADE more $ than u (any asset class) over the last few years, that he doesn't have skill!

The longer low interest rates persist, many (of the leveraged ones) will continue to enjoy the yield spread (rental yield - mortgage rates). Of course, most of them believe they are skillful enough NOT to be the last person holding the fruit punch bowl when the party ends and the bill comes.

Helicopter Ben has promised low interest rates till 2014 (at least), and the longer the Eurozone crisis drags, the higher probability things will remain status quo. If the most powerful man in the economic world is FOR them, i suspect they (the leveraged ones) sleep just as well, if not better, than u or me (the conservative ones).