well it makes a change from inconclusive and isolated data being described with headings such as “Property market crash”, “sky about to fall down” and “end is nigh in property market bubble”.

What it does suggest is that (as Robert has argued blue in the face before) the market could actually be just ticking along. We don’t always have to be in…[Read more]

ring fenced negative gearing is more than fair IMO.

we are completely over taxed….. personal tax rates should be aligned with corp tax rates, CGT concessions are distorting the economy and should be abolished, the states need to be pulled into line and have stamp duty and other rubbish taxes removed. yeah – give me a day in the top…[Read more]

a lot of the problems with the property market stem back to the whole negative gearing situation. if it were to be abolished the market could stabilise itself, with rents doubling over night and properties then being able to be analysed on their true merit and the resources required to fund them…not the size of the tax deduction. Australia is…[Read more]

someone must be willing to sell in order for someone to buy. An agent wouldn’t get a listing by saying ‘the market is taking off, your house will be worth double in 12 months, but can I sell it for you anyway?’

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

“But weakness in Sydney and Melbourne will be tempered by healthier markets in cities such as Perth and Brisbane.”

not quite the message that the headline conveyed, but I guess headlines are what sell newspapers! property selection is everything

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in…[Read more]

really?? wouldn’t be a very successful agent – there is no market if nobody sells

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Originally posted by dmichie:
can you think of a leading OECD country that has a weak currency?
THE UNITED STATES OF AMERICA

cmon – that’s hardly weak….

I believe the true value of the USD is about 1 AUD

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

just getting back to weak vs strong AUD… implications of a weak curency:

– lazy exporters can make a sale
– encourages tourists
– gives the RBA room to increase interest rates
– increases the cost of imported machinery and items like aircraft…. makes the nation unproductive and feeds inflation

benefits of a strong currency:

– weeds out the…[Read more]

“A bust would also mean a fall in the AUD and (hopefully) rescue our exporters befores its too late/”

It’s a tragedy when a supplier’s products are so unattractive to buyers that the only reason someone would purchase them were if they were cheap. I belive a storng currency and a good product are a better…[Read more]

a written offer to purchase can be withdrawn verbally at any time up until communication of acceptance to the buyer has occurred. Sellers should not be smugly sitting on offers as the buyer may have 4 or 5 written offers sitting out there and only want to buy 1.

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available…[Read more]

from the ABC article above: “ELEANOR HALL: So, what do these figures then say about the Reserve Bank’s decision this week to keep interest rates on hold? Does it say that it was the right thing or the wrong thing to do?

STEPHEN LONG: Well, I think that for those who read these figures as suggesting that there is a fundamental weakness in the…[Read more]

ps – thank god you are back dmichie – was getting a bit quiet around here

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

sorry to depress you even more, but thought this was in the spirit of the moment:

http://www.theaustralian.news.com.au/common/story_page/0,5744,15194375%255E2702,00.html

I don’t see over investment in property as the source of all woes in this country. Contributing factors include: lack of access to capital, small population hence insignificant…[Read more]

well I won’t get into a debate over the virtues of a particular town, however the $20 billion gas contract with China is for 20 years. they have just made some exciting new discoveries which could substantially increase reserves. Process train 5 is a goer with BHP committing to the $1.6 billion project and number 6 is on the cards. the deal to…[Read more]

Originally posted by resiwealth:
I love it when some one posts a new topic and it goes side ways!!

Matt R when i was 19 i owned my 1st investment property, why haven’t u done the same.

Most lawyers i know have their hands in some one elses pockets and not their own (just kidding)

And who was the idiot that paid $2,500.00 for a 30min chat, what…[Read more]

Originally posted by Terryw:
Originally posted by The Mortgage Adviser:
How can the ATO slug you for renovating your PPOR and selling before buying another if you live in each property while renovating?

Robert Bou-Hamdan
Mortgage Adviser

http://www.mortgagepackaging.com.au

Investor Links

If they think you are doing it as a business, they can. It…[Read more]

Bulls and Bears are not the same as Wishful thinkers and manic depressants

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Originally posted by lei:
Sorry forgot to mention calling the town planning department too. I found that say with Karratha the real estate agents are saying “THE TOWN IS BOOMING , SO MANY NEW PROJECTS ABOUT TO START”
When i called town planning they told me everything is still in early stages nothing had been passed and your looking at, at least…[Read more]

the biggest problem with developing/ reno’s etc is cashflow. Typically people underestimate the time frames involved. When every problem has been ironed out, every consultant etc (except the REA) has been paid and assuming your head is still above water, THEN you can get paid (a month or so later allowing for settlement) – assuming you have made a…[Read more]

real estate agenst love change in the market, just as stockbrokers do. They don’t care if prices are going up or down, so long as there is a deal. I would expect the mortgage broking business to be linked to these sales.

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856