real estate

[damian]

I saw this this morning. It is one of the best articles on real estate I've read. i know a lot of people here are, well, no longer first home buyers, but if you know someone who could use a touch of perspective you might want to point them here:

How to buy property in a falling market - Peter Boehm - Yahoo!7 Money Matters (http://au.pfinance.yahoo.com/b/peter-boehm/1864/how-to-buy-property-in-a-falling-market)

I hope that link works.

[RufflyRustic]

Very interesting. I like the balanced view he presents.

[damian]

Yes. Bit technical in parts but very balanced.

[jimbur]

The very best advice he gives is: don't buy if you can't afford it. A roof over your head that isn't a millstone around your neck is far more important than pools and home cinemas.
Cheers,
Jim