that is the point.
even if your property values go up. you cannot realize the gain unless
moving to south america
as all the properties around you have increased by roughly the same
percentage.
what it will buy, is leverage with banks to buy more stuff which is
valuable.


OzOne wrote in message ...
On 06 Oct 2004 12:42:07 GMT, (Bobsprit) scribbled

In effect Bubbles, it means nothing.
I'd have to get out of Sydny to realise the capital gain.




Oz1...of the 3 twins.

I welcome you to crackerbox palace,We've been expecting you.