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aussierogue
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@aussierogue
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March 7, 2005 - 1:58 am
clive sounds on the money.
i have a friend who earns 150k and is under financial stress. geez i feel sorry for the 98 pct of others earning less than him. doh!
lots of people live like millionaires even though there net worth is negligable. a high salary doesnt make you rich. although it can make you very vulnerable to wanting to appear rich.
aussierogue
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@aussierogue
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March 7, 2005 - 1:49 am
some landlords will be able to increase rents and some wont. landlords must try and tennants must try and avoid it.
this is the free market system at work.
landlords ability to raise rents will depend on
– the demand supply equation for the area
– whether the tennant is prepared to pay more to stay put
– and yes whether the agent is able to sell the increase to the tennant.
i rent my ppor and there is nothing the agent could say to me to make me pay more rent. i know the market and would simply give them 24 hours to decide on if they intend to increase the rent – then i will go and find someplace else. we are great tennants. no trashing, keep the garden clean, pay on time etc etc so if the owner wants to be be shortsighted then for me it also becoames a matter of principle.
aussierogue
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@aussierogue
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March 2, 2005 - 7:06 am
it depends if the tenants will pay!
aussierogue
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@aussierogue
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February 18, 2005 - 5:12 am
10 fold just for acknowledgement. now thats a fairly good return on investment.
aussierogue
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@aussierogue
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February 18, 2005 - 4:23 am
No – i like this one!! but we must be careful in differentiating between value and price.
interest rates will effect the price but not necessarily the value. so there is a correltation between price and interest rates. but not necessarily value. the availability of cheap money can cause distortions to the market that have nothing to do with value. value can be defined using many methods including yield, past performance etc.
aussierogue
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@aussierogue
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February 18, 2005 - 12:58 am
interesting troll definition. i think i fit the bill without even knowing it!!! to think i thought i was original!!! doh!!
aussierogue
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@aussierogue
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February 17, 2005 - 4:52 am
i agree. there are a lot more forces at work than population growth and land scarcity for that matter. bubble bubble toil and trouble..
aussierogue
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@aussierogue
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February 15, 2005 - 3:07 am
maybe you should change your name to ‘Im Undecided!’
aussierogue
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@aussierogue
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February 14, 2005 - 7:33 am
this website has just taken a whole new twist….good luck gents!
aussierogue
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@aussierogue
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February 14, 2005 - 1:27 am
i challenge you aswell. lets see em’
aussierogue
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@aussierogue
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February 14, 2005 - 1:25 am
yes i agree with marc 1 also………wow! marc your last points came out of LEFT field (if you know what i mean)
hehe
aussierogue
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@aussierogue
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February 9, 2005 - 3:18 am
them are fighting words timtam…ill have ya!!!!
aussierogue
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@aussierogue
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February 9, 2005 - 3:15 am
ronlulas – i hear what you’re saying howvevr i cant think of 1 suburb in Melbourne 30-40 km from the city that started out bad and is now great. too my knowledge they have all stayed about the same in terms of comparison to other suburbs. the only exception recently is frankston but that is due to its proximity to the beach. Lilydale, coldstream, Boronia, cranbourne, weribee, seaford etc all the same….they are nice places but still remain the same in the pecking order.
aussierogue
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@aussierogue
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February 9, 2005 - 1:02 am
i would also add that the bad suburbs done good are usually ones within 1-15 km of the city center.
aussierogue
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@aussierogue
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February 7, 2005 - 2:44 am
i just bought it!! havent played it yet – who wants to play??
pm me and ill try and organise something!!
aussierogue
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@aussierogue
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February 7, 2005 - 1:34 am
beware – in the last 3-4 years property has been used as a speculative investment. people getting in and getting out to make a profit. once this occurs it changes the market. so the old addage that property in a long term investment, in this hightly charged envornoment might get y9ou into trouble.
i would hate your LONG TERM perspective to turn intop a VERY LONG TERM INVESTMENT…….if prices go backwrads or dont move for a very long time.
Everyone needs to review those old cliches because the current market is different to anymarket b4…
(im not saying buying property now is stupid – but for me it needs to stack up against the alternative uses for the money).
aussierogue
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@aussierogue
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February 7, 2005 - 1:09 am
intersting wayne – enormous leap of faith required from the collective conscience i imagine, but it makes sence. its amazing that with all the worldy excesses open to us (wine, woman, smokes, food, drugs etc) that somehow most of us are still able to live a life of relative moderation. i think the article is about ‘when we empower people to make choices – most people decide good over bad!!!
a healthy society is one that where people think for themselves..rather than relying on big brother to dicate whats right or wrong..
aussierogue
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@aussierogue
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February 7, 2005 - 1:02 am
willem – once again michael makes good points. i like the bit about needing to be protected from themselves – as we all do somethimes! i would also add that tolerance doesnt mean accepting everything the world throws up. having an opinion and stating that opinion has nothing to do with tolerence
it if dont like the death penalty that doesnt mean im intolerant of executioners………
aussierogue
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@aussierogue
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February 4, 2005 - 7:34 am
please – rent money is dead money. this is just one of those stupid terms designed to push someones vested interest. the only reason you dont hear ‘interest on mortgages is dead money’ is because landlords dont have a combined voice…
aussierogue
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@aussierogue
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February 4, 2005 - 6:14 am
Marc – do you know any good easter bunny jokes??? jacks are hilarious!! where do i sign up???