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Yeah, this will be interesting. Still no sign of prices falling, instead 6.1% increase in Melbourne. Good thing I got out of that asset class and I don't have more houses than I need. At one point I had 9 rentals mostly in NZ but none now. I was lucky to sell them at peak prices. In any case, I prefer to own my home at my age as I don't want to be a nomad at the whim of my landlord, we'll see what happens with the prices. The one I'm living in was a great buy so even if prices drop 20-30% I'm in the money. Obviously I did much better in property than shares or currency :-)
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