As Jonchu said Its is a very personally question,

I myself started investing in property when I was 21 and am now 25 and own a fair bit of property, But even still I am still renting.

The main reason's I rent are that I have always moved around a fair bit so I haven't been in a postion where I can settle, and also I have always invested mostly in areas around Brisbane that I believed had higher growth potenial than the areas I have been living in sydney, which has been true over the last few years.

the good thing about renting your home and investing is,

– you can invest in areas outside where you want to live with higher growth / returns
– Interest is tax deductable
– you can claim deprieation 
– you could invest in a better home than you could normally afford to pay for yourself

the good things about buying a home,

– no capital gains tax
– first home owners grant
– you can really settle in  

.

Are you talking about the 6 one bedroom units that have been on the market for about 2 years,

I mean't to lower prices you have to increse the supply,….. I should really proof read my answers

I actually don't think it will have much affect at all unless it means that developers will be putting more property on the market,

property works on the old rule of supply and demand ,… to lower the prices you have to increse the demand,…

Wind will be a valuable part of the energy mix,…. But will never provide large scale base load power,

Our best bet for this is Geothermal and Clean coal and possibly nuclear,….. But I think if there is going to be the predicted massive growth in Nuclear power we will probaly find the the Uranium indusrty will increase 10 fold and will peak rapidly also,

I Found this graph which shows what I was trying to explain about the price of oil rising out of proportion to the fall in production If you look at a drop in supply during the '70's due to opec cutting back production, you can see that production was reduced by about 10% but the price rose from $5 a barrel to close to $40 a barrel,…. that means it doubled by nearly 8 times,…. and this was only a short term man made production shortage,…. the next shortage will be a lot more permanant and a lot more drastic,…. No wonder America wants to open up Iraqs oil feilds,….

When you hear on the news that the oil price is going up due to a hurricane slowing production at a few oil feilds,… or political unstability in another area,…. because its winter in the northern hemisphere,…. I think this is a sign that we are pumping as much oil as we possibly can and are only just meeting demand,…. to me this is a sure sign of hitting the peak of production,…

look at any modern oil feild and you will see wells absoulutly everywhere pumping 24/7,…if they can fit another well into the feild they will,…. they even pump water and steam into the ground to force the oil up quicker,…. how  can these tired mature feilds keep up their currentl level of production into the future.

The Bars on this graph show the amount of oil discovered  each year, and the line graph shows global consumption, Notice that even with all the modern technology available we have never discovered more oil than we did in 1968.

50% of the worlds current production is coming from the giant oil feilds discovered 5 decades ago, which are now maturing and in slow decline,

the oil feilds that are being discovered these days are much smaller, harder to get at, and being pumped out much faster than the mamouth feilds we have always relied on.

So as you can see we reached our " Discovery OIL PEAK" in 1968, our "Production OIL PEAK" is not to far away

Yes I understand what capital gains tax is,

I am trying to understand the benefit of redrawing equity rather than selling,… some people have said the benefit is that you can get your equity without paying capital gains tax, But you are still going to have to sell eventually to pay off the loan and then you will have to pay capital gains tax from the sale of the property, plus you have to pay interest on any money that you redraw.

I am not knocking the idea I am just trying to find out the benefits,

there are hundreds of set and forget safe stocks with could dividend pay out,… they also take alot less work to manage as world class directors are managing them,…. rather the exhusted property managers.