Originally Posted by
Lewylewylewy
For me, it's all about ensuring that they can make money during a flat market. If they can, it's good buying.
I can't see how they wouldn't make money in a flat market, otherwise the industry would fold every time the market went flat for a year or more.
This is my justification for holding through. Though I wish I sold earlier on my initial concerns (largely because I'm over exposed to NZ property), but I won't sell at this price. This price is entering buying territory.
Disc: probably won't buy more as I'm over exposed and suspect further falls in SP.