Most experts are wrong most of the time
During this uncertain times we would like to make sure that our investments will be worth it. I highly suggest if you are thinking of investing in property now, do your due diligence. Invest in places where the fundamentals are great. The fundamentals I always talk about are the shops, schools, transport links, major employment and major investment and you will never go wrong.
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It can appear to be really stressful and you know an uncertain time but the key is to get good quality information and when you're good quality information you can have some certainty even in this market.
Because the other thing is as long as you're looking long term and i'm talking you know it may prices may drop 10% they may drop ten percent in the next six months but the likelihood is if you're in the best areas and you've been investing the best areas with the best fundamentals the major cities and all that sort of stuff the likelihood is those prices will come back.
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And they'll come back quicker than you think. So then the question is are you going to be one of these people that you know waits until they drop you know but then you can't tell where the bottom is and your wait, wait, wait and by the time you actually realise and get involved you've already come out the other side or worse you're concerned that they're still talking about double dips and things like that so you don't get in it and it races away. I've seen it happen over years and years and years all right.
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It can appear to be really stressful and you know an uncertain time but the key is to get good quality information and when you're good quality information you can have some certainty even in this market. Because the other thing is as long as you're looking long term and i'm talking you know it may prices may drop 10% they may drop ten percent in the next six months but the likelihood is if you're in the best areas and you've been investing the best areas with the best fundamentals the major cities and all that sort of stuff the likelihood is those prices will come back. And they'll come back quicker than you think. So then the question is are you going to be one of these people that you know waits until they drop you know but then you can't tell where the bottom is and your wait, wait, wait and by the time you actually realise and get involved you've already come out the other side or worse you're concerned that they're still talking about double dips and things like that so you don't get in it and it races away. I've seen it happen over years and years and years all right.