tag:blogger.com,1999:blog-27584252.post630788515018624919..comments2024-03-22T18:15:47.666+11:00Comments on Boy on a bike: House price bubbleUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-27584252.post-22272720170226726612009-07-28T19:46:51.595+10:002009-07-28T19:46:51.595+10:00boab, It depends on the land you're sitting on...boab, It depends on the land you're sitting on. In places like ours they can't make any more land where people want to buy, which is why we are determined our kids will inherit our spot of Australia, as the price will not fall in our location. The young'uns may struggle with the economy and jobs, but there is security in land that you own outright.<br /><br />You can live on it, grow veggies, keep chooks and goats and stuff, breed rabbits (my family did all of this in the 1960s) and basically be self-sustaining if needs be. And the beach is just down there at the end of the street.<br /><br />Can't do it in an apartment or a duplex in the inner city. These properties are a false investment, because they're not really property at all. That's where people will get caught.<br /><br />Owning land is a solid investment, other property is more iffy.Anonymousnoreply@blogger.com