"Always buy below the intrinsic value" does not only apply to stocks, it can apply to property as well.

And the beauty about Real Estate market is that its even less efficient than the stock market.

The way to make money from Real Estate is not be the "average RE buyer". Even if we are at the top of the market now, the right property at the right price is still a good buy.

Jus looking at the Macro picture and not the Micro picture, means you only see half the picture.

Regards,