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Again. Fantastic input guys. Thanks very much. With respect to the property buying Freeier those are some very valid points. Facts even. From the people i have spoken to recently it seems that we are at a high price wise but it seems that it should be sustained and if not increase gradually. Of course, as with anything, the bottom could fall out also. The way i see it though is that if i am looking for a cheap place...say 600,000usd equiv and my housing allowance is 2000usd/mnth then over the first 4years i have already had 100,000 paid towards the mortgage essentially for free. So by selling the property at the buy price 5 years down the line i am still looking at a profit. So with this is mind i am looking at taking six months to talk to people like yourself and others also with experience and get a thorough picture. So thanks mate..appreciate the comments.
As to everyone else on the rental side....i think there seems to be a clear consensus on what i should do and again thanks. I guess my Q's for the time being have been answered. I'll let you know how the short term rent negotiations go over the next few weeks. All the best.
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