property and inflation

  1. 1,218 Posts.
    I believe that property will in general run at the same rate as inflation (approx.7 or 8%?) and will in general double in 7 to 10 years. As long as you look at a 10 year investment in property as normal and are prepared for the booms and busts ( buying and selling at the right time) you have nothing to stress about. Will the RBA keep interest rates on hold in the months to come, i'm not sure but it's time to fix my loan for peace of mind. My bank is offering 6.1% for 2 years fixed, 6.7 for 5 years fixed, any comments as usual most welcome.
    bingus.
 
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