WHITE HERON, You are right in what you say, but we talk of people in various circumstances. we should all buy at the bottom, and sell at the top, and understand tax implications of any deal. Some people will never understand whats involved, and it is those people that i directed my statements towards. There is never a bad time to buy a property, time will turn it into a bargain. It is much better to buy a slightly over priced property that you really want rather than buy one that you dont really like because its a bargain. Regardless of the market it is silly not to own a property if you can afford it.
The average persons only savings is mainly in their property.
macdunk
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