Hi, from a number of seminars that I attended last year a fairly common notion is that property will continue to rise (3% – 10%) every year until 2007. The growth is obviously dependent on the area and proximity to infrastructure and ammenities. The baby boomers are still investing which is keeping up demand particularly for investment units as they are panicking that they cannot obviously retire with Supa alone. I can’t remember the actual year, but I think officially baby boomers were born around 1942 and they retire in 2007. There will be a big slump during this year as the baby boomers sell their investment units…….This is a view shared by many and at least it may give you another angle. I hope its right as I have a couple of negatively geare properties that I hope will continue to gain in capital growth. Like any investment portfolio we must be diversified and that is why I am currently hungary for positive cashflow properties. Right now I have no idea where to look and it seems quite difficult judging by the forum board.

Good luck with your investing.

Kind regards

Martin P Coogee NSW