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If you can hold the Ponds debt free without subdividing

Haha sounds like another country I know

You are comparing one bubble with another. Try check out Venetian or Paritian properties. Last I checked Italy and France are much larger economies than Canada and Australia combined. What justifies these prices in Sydney and Toronto?

You sound quite young - 4 years younger than me. My view would be, if you only have one property and you've made some equity, refinance it and let the cash sit in your offset. Don't gear more and buy a second house. Trust me on that. Done it before when I was younger than you are now - and it's...

The last time this economy was very slow - slower than now - in 1990, the market tanked like you wouldn't believe and anyone with 80%+ gearing was wiped out and took 10 years to pay off their debts.

You sound like a new investor who's just bought these few years, and believes the "this time is different" argument and even though all the statistics are against a much more bullish market now, you are kind of in denial. Reality is, markets rise and fall. It's rising a lot now, has probably...

Yep well... classic wealth transfer. Someone has to be slaughtered for another to eat (eg developers, sellers to Chinese etc). Just make sure you're not the one being slaughtered.

I mean exactly that. And Guangzhou Shenzhen.

The best buy right now is tier 1 Chinese cities.

Shares become equally cheaper in US dollar terms. Why would someone buy properties over shares if all you're talking about is currency? Not to mention foreigners can't buy properties.

If the US hikes, the RBA won't hike any more. If you want property to go up, you would actually hope the US doesn't hike.

Well there's some truth to that. But always good to take some money off the table.

Not much near the top. Should plateau in 2016 and dip a bit 2017.