Darren replied to the topic Poll: How do you think politicians or regulators should respond to the issue of housing affordability? in the forum Opinionated! 7 years, 8 months ago
Stimulus from the Howard government got the ball rolling on rapid price growth in the form of generous stamp duty & falling interest rates. So no more stimulus from government. Supply & demand will sort prices out. We need to educate our children how to manage money properly in school & at home. I have had this discussion with my kids, they tell…[Read more]
Darren replied to the topic Poll: How do you think politicians or regulators should respond to the issue of housing affordability? in the forum Opinionated! 7 years, 8 months ago
Supply & demand will sort prices out. We need to educate our children how to manage money properly in school & at home. I have had this discussion with my kids, they tell me nothing has been taught at school. Appalling. I think more regulation is required of real estate agents. Removing negative gearing will only act as deflationary for housing…[Read more]
Darren replied to the topic Developer Woes in the forum General Property 7 years, 9 months ago
Ethan I’ve taken your advise & looked at past sales & current listings. I gather maybe 14% with a positive cash flow. Thank you for the tip.
Darren replied to the topic Developer Woes in the forum General Property 7 years, 9 months ago
Thanks Ethan, it’s funny you should mention looking for another place – we have broken lease & are looking for a place right now. Established properties sell, but not many are interested in building as I’m told from real estate agents. Not sure why? The hassles of building perhaps for that demographic? Valuation is loosely based on agent opinion,…[Read more]
Darren replied to the topic Developer Woes in the forum General Property 7 years, 9 months ago
Our original builder doctored our signed plans & wouldn’t answer as to why or use the plans we signed, so if they were to be trouble on paper, what could we expect during construction? We weren’t willing to find out. This was meant to be our family home. We want to build our family home with the second builder we are contracted with but on another…[Read more]
Darren replied to the topic Developer Woes in the forum General Property 7 years, 9 months ago
Our original builder doctored our signed plans & wouldn’t answer as to why or use the plans we signed, so if they were to be trouble on paper, what could we expect on during construction? We weren’t willing to find out. This was meant to be our family home. We want to build our family home with the second builder we are contracted with but on…[Read more]
Darren started the topic Developer Woes in the forum General Property 7 years, 9 months ago
A story of caution & a solution?
We bought a corner block in a popular country tourist town with views over the town facing South East to build our new family home. We then sold our family home of 14 years in the nearby city to escape to the country for a quieter life. Our two teenage children moved to a new school, we also took up new jobs in…[Read more]
Darren started the topic Developer Woes in the forum General Property 7 years, 9 months ago
A story of caution & solution.
We bought a corner block in a popular tourist country town with views over the town facing South East. Or so we thought.
Initially we custom designed a house, as we were unable to find a suitable plan due to the site being both slopping & tapered, to face out looking over the town. Each room stepped back to…[Read more]
Darren became a registered member 7 years, 9 months ago