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11-02-2013, 12:25 AM
6.9M is a non event.
It's 2030, anything can happen.
Ridiculous to even think that one is investing now in anticipation of the increase in population.
Prices are at historic highs, Real wage increases are not keeping pace with property price increases,
interest rates are at/near its all time low.
Sure, property prices can go much higher, but when it comes comes down, it comes down really really fast.
This my opinion despite me being a beneficiary of property uptick(have interest in commercial/industrial properties).
It's 2030, anything can happen.
Ridiculous to even think that one is investing now in anticipation of the increase in population.
Prices are at historic highs, Real wage increases are not keeping pace with property price increases,
interest rates are at/near its all time low.
Sure, property prices can go much higher, but when it comes comes down, it comes down really really fast.
This my opinion despite me being a beneficiary of property uptick(have interest in commercial/industrial properties).