I was speaking to my Broker the other day. As you do. And I expressed to him my lack of faith in the "Property Clock" and my all time favourite phrase "property doubles every 7 to 10 years". To which he replied "these days that's looking more like 30 years". Now maybe I'm just a naysayer. But my question is, who here still believes in property prices doubling every 7 to 10 years? Take your average mum and dad 1st time Investors. Late 30's - early 40's, couple of kids in school. All their friends at Bbq's on weekends are talking property. They think "we can do this too". They're 15 years into a 30 year stretch on the family home mortgage. Take out 125k Equity to do 20% down plus Costs on a 500k house and land package in a shiny new estate 10 minutes from home so they can keep an eye on it and new houses don't need maintenance right. Be worth a million bucks in 10 years tops! How long till this actually doubles in Value in today's Market? And the scary part, how many of these hypotheticals are out there getting themselves into potential Financial difficulty because they don't have propertychat to help them lessen mistakes hard learned by others, and help them buy right, better equiped with the knowledge? Thanks for reading my rant.