I frequently go to Michael Yardneys website propertyupdate.com.au and I have found it a very useful free resource.  I have never bought anything and dont know the guy but anyone who provides a free resource is useful in my book.  I never blindly follow what anlaysts say but I do review what thye are all saying and form my own conclusions accordingly.

Got the avatar from a website I like the ying and yang  concept it applies to many things including the proeprty cycle.  Yes Terry could have a VI and be talking the market up for his own benefit. I dont know the guy but I do think he is a balanced reporter.Good on the buyer for getting the 30% discounts he deserves them and will no doubt do we…[Read more]

Terry Ryder in his recent national report mentioned that he is in buying mode.

bespoke wrote:
My first post so be kind all your doomsayers!I myself am about to buy a couple of rentals. I don’t think there will be a bust at all. I’ve been reading a lot in the last 2 weeks in property investor magazines and watching industry experts on TV, notably “Your money, Your call” . 

Good first post bespoke currently watching…[Read more]

Scamp, before you go and I know you havent gone yet can you clarify one of your comments on everyone knowing that the ANZ was prime for a run and dont have more than 20k in deposit.  Do you know something that I dont and also do you know that in oz there is no guarantees on deposits on any of the banks hence the query on the 20k sum.

ErikH wrote:
Mackar,I don't think we'll see a boom anytime soon but I do believe Australia will ride this global downturn out much better than most.I believe:- that the US, UK and continental Europe will suffer pretty strong downturns / recessions- that BRICs and other emerging markets are decoupled enough from the US to continue to grow but at…[Read more]

Scamp wrote:
This ofcourse is a worst case scenario, but in the end we might be better off without the USA than with them. The FED is the only cause of this massive global creidt problem, and they are doing everything they can to offload their problem to other countries.I don't expect anyone to see the real implications of this crisis : But I…[Read more]

L.A Aussie wrote:

Scamp wrote:
Peaknik : I agree 100% with your post. Great advice.

My guess is either you are Peaknik, or you've roped in one of your GHPC mates to come in and give you a hand.Pretty obvious that it's one or the other.

Or they are cyber lovers.

I'm Prepared

Scamp wrote:
Rudd said "I will fight inflation at all costs". Just look it up. Also , any country with a reasonable view on the future will fight inflation. The steps that the FED has taken so far have led to financial TERRORISM. Just look at this : USA heading for hyperinflation : http://www.bloomberg.com/avp/avp.htm?N=adv…VkI8WexWY2M.asf…[Read more]

Scamp wrote:

bardon wrote:
Why do you think that the US Fed has chosen not to act on inflation in the US in fact they are doing the opposite you have a situation where IR's are way lower than inflation and only last week the Fed yet again failed to act ?

Hm. Well that is the most difficult question to which there is not 1 good answer I am…[Read more]

units4me wrote:
The GW money making juggernaught continues to roll along. Further fuelled by governments worldwide, keen to embrace anything green.

Environmentalism is the new facism,These guys are going to tax you for carbon usage its a big well orcherstated con to keep you controlled in fear and taxed, its actually going to get cooler, brrr…[Read more]

I watched that video and sure there are hazards but you would need to look at the other side to have a balanced assessment.Depleted uranium arnaments are definetly bad news and are in use.  Al Gore the guy that won a Nobel Peace Price for his contribution to the Global Warming Tax Con, signed off on the use of depleted uranium weapons in Serbia…[Read more]

Deception Bay is looking good suggest go cheap but you can get top quality water front for your high budget

L.A Aussie wrote:
[

God, I hope you're right.There will be a lot of cheap houses around with really nice rental yields for me to buy.[/quote] Fill yer boots with them lad

bardon wrote:

Scamp wrote:
[Inflation is the axis of evil. It will be prevented by any government at all costs. This means higher interest rates, which means even more unaffordable houseprices, less buyers even, and thus more pressure on houseprices.Deflation is the only way to go. It will happen.

Why do you think that the US Fed has chosen…[Read more]

Okay then best investments now are:baby boomer undertakersbakruptcy lawyersanti-depressant manufacturerstins of beans, water purification tablets, arms,

patriotsoldier wrote:
I have read from several resources in regards to this topic of Peak oil, and while i dont debate that there will be ramifications I wonder if they will be quite this extreme. That is just a personal observation.I do have an agenda though for this post, given that you guys are obviously quite concerened about the current…[Read more]

ItalianDragon. Also, don`t forget that world population is now about 6.5 BILLIONS and we shou;ld be about 9 BILLIONS already by 2050. If we don`t have enough oil now, what is going to happen then?/quote wrote:
Peak Man