mini – care to expand on your construction method? I have an interest in this. We have looked at standard double brick, tilt concrete, new ideas for walling (fillable foam), steel frame etc

The reality in the market I am in is double brick is the cheapest material (due to economies from the big manufactures) and also the most highly prized by the…[Read more]

I think it is the true test of someones commitment to an argument. If you really think house prices are set to fall there is no reason to own the house you live in.

People have been bantering on for over 5 years now about house prices falling. If I had completely sold up I would be completley gutted. I have friends who tried this strategy and…[Read more]

Originally posted by foundation:

I can only imagine the falling demand would have the opposite effect to what the rising demand had… ie. very little whatsoever!

Quote:

Surely if an increased supply of properties was soaked up by an increased demand for rentals (thus creating balance of supply and no price change), then when suplly falls -…[Read more]

I see it as just another input into the economy, like steel or gas. As the price goes up the economy responds. Interesting that he is buying land in the sticks and losing sleep about oil prices… if he really thought oil was going to go crazy I would think he would do better sticking closer to the CBD

http://www.megainvestments.com.au

Extensive list…[Read more]

F are you saying demand for rental properties is inelastic? If not, the increased supply of rental property that has failed to move rents (tho this is presently changing) will surely see rents go up as that supply is wound back. Therefore I can’t see why you “fail to see how falling demand for investment properties… would push up rent”. What did…[Read more]

the tech stocks were never good value though as their price was based on future expectation which was never going to materialise, plus you couldn’t house your family in one if it became worthless overnight. Tech stocks were fundamentally flawed from within, property is being affected by the external force of interest rates (well may do if they go…[Read more]

allow 10% contingency for price increases by the time you get approval and sign on the dotted line. they seem to be coming in on avergae at about 1% per month

http://www.megainvestments.com.au

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

John – 0419 198 856

Originally posted by foundation:
… and of course the power of leveraging works even more effectively in a falling market, which is why I have often suggested that continually ‘withdrawing equity’ in a rising market is a recipe for disaster. If you plan to ride out the inevitable fall, you’ll want to be at your lowest LVR level at the peak, not…[Read more]

here’s a tip… was fitting out a unit and got quotes for custom made slimlines. prices were about $1500. my crafty father went to Spotlight and bought a stack off the shelf for about $30 and cut them down to size, I saved about $1000. was a bit of mucking around but the result was excellent

http://www.megainvestments.com.au

Extensive list of ‘Off…[Read more]

I’ll take the bait then… isn’t it old news that interest rates are on the rise? I thought the negative sentiment from mums and dads was already factored into prices?

I read recently that building costs in WA are set to raise 10% a year for the next 4 years… we have a situation where replacement costs will be drastically higher than…[Read more]

the owner can do it or a real estate agent can do it. make sure they know how to sell ‘off the plan’ as they all say they can and they all believe they are legends at it… talk to some of the developers in the area and see what they are doing. You don’t want to get to settlement after having locked a contract in for 18++ months only to find your…[Read more]

if you don’t think about interest rates, vacancies, potential bad tenants and so on, then I would suugest you are gambler more than an investor. Just like me buying shares at the moment – I openly admit I know nothing about them and it is purely gambling. I may as well play the chocolate wheel at the casino really.

I think Spanky’s comments were…[Read more]

my tip: be wary of the predictions of disease, death and famine. many of the opinions that are floating around now about property being at ‘unsustainable levels’ ‘irrational exuberance’ etc etc were floating around before GST… just look at what has happened since then – anyone not in the property market has really lost out. I went with the herd,…[Read more]

land banking is for very rich individuals or cash rich companies. The Japanese have been sitting on St Andrews (a large coastal area where they will build a new city) just north of Perth for 20 years roughly and it is only just starting to get close to making a start.

By all means take a punt on a beach house or something tho – a bit like a…[Read more]

what state are you referring to? and is the $5k on top of the $7k… or is $5k all that’s available? If this is NSW I would have thought it was immaterial compared to housing prices anyway.

http://www.megainvestments.com.au

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

John – 0419 198 856

Denmark is an undiscovered paradise. How long you have to wait for your investment to mature is anyones guess?

http://www.megainvestments.com.au

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

John – 0419 198 856

just as a thought – the number of Aussie buyers pushed up the kiwi market and resulted in the earlier investors seeing a handsome capital gain. I couldn’t see that happening in the US, so you may have to be a bit more careful withyour numbers to ensure it really is CF+.

http://www.megainvestments.com.au

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

some interesting reading here for you Zen on the state of the WA market:
http://www.reiwa.com.au/content-features-detail.cfm?PressReleaseID=205

Not sure why you are predicting a 10% drop – cheapest median price in Australia (that includes Adelaide and Hobart!), booming economy, strong population growth. Have you taken a drive down Mandurah way…[Read more]

a further 33% downward correction? presumably you are talking about NSW and on top of the already corrected prices that people have spoken of on here? gees that would be a blood bath over there! imagine bank stocks in the face of NSW real estate valuations halving… or any stock for that matter. If this eventuated no one would be immune – except…[Read more]

that disappoints me – I thought Perth people were much more wiser with their money!

http://www.megainvestments.com.au

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

John – 0419 198 856