I have been involved in the Real Estate market here in Australia for many years and in my opinion is that there is only one really bad time to buy.
When you can't afford to keep it!
By that i mean the only time you will ever loose money is when you a forced to sell.
I am friends with a lot of people who have large car yards, luxury boat manufacturing and sales and are worth many millions of dollars, all have the same advice "you will only ever make money from Real Estate".
There companies are just income to buy more property.
The other saying is "It's not timing in Real Estate it is time"
