Hi, I'm Perp. (Not Prep. Like short for "perpetrator", but no, that's not where it comes from. It was my brother's name for me when he was a baby.) Despite popular misconception, I'm female. We've bought and sold a handful of houses, then put all the equity we'd accumulated from those properties into one large investment - 16 rooms of student accommodation in the CBD - that went horribly wrong, starting with a conveyancing error, and from which we never recovered. :/ Simultaneously, we had our home flooded twice - in '09 and '11 - and spent several years fighting our insurer - argh! - and only recently moved back into our sparkly new PPOR (high set) after more than 4 years as refugee tenants. We also got rid of our albatross student accommodation recently. We're now in our 40s and starting over, with only our PPOR. I'm not planning to invest in more property in the near future. I don't think the future for property (other than some niches) is that great, though I'm not predicting armageddon either; just prolonged stagnation. Fortunately hubby has a strong income and I'm ploughing through a law degree - initiated as a result of what I learned fighting our insurer, and my profound rage and sense of injustice - that I hope will allow me to help us re-build, too. Whilst not planning any property investments, I'm here because 1) I have lots of friends here, I've been here 8 years, and 2) I have lots of experiences that I hope are valuable. I can serve as a reminder that it can go wrong!