Scamp wrote:
The central banks don't control Australia. The only thing they control now is a big bubble of non-existant equity. When the bubble bursts, some banks will go bust, some will barely stand. The only reason your banks haven't been eaten up by the bigger Chinese / European or USA banks is because Rudd protects them from being taken…[Read more]

I have heard that Rudd is planning to limit the amount of credit that banks can lend as mortgage will be controlled by law. Something like 4 times gross wages. Don't say noone warned you. ( Even if the warning came from Europe ) Regulation isn't the answer, who told you that anyway ?Dont worry the central banks control Australia,If banks cant lend…[Read more]

Queensland Budget lifts stamp duty threshold for first homebuyersArticle June 03, 2008 02:30pmFIRST homebuyers will be one of the big winners with a Robin Hood strategy of taking from the rich to fund stamp duty relief including improved concessions.The State Government will lift the threshold at which stamp duty will apply for first home owners…[Read more]

Jolly good show its a shame you couldn't help them

Its a bit late for the bankrupts but they should borrow some books from the library for the next time.

Its a bit late for the bankrupts but they should borrow some books from the library for the next time.

Don. wrote:
probably safe to invest locally at the moment. Even select areas in NZ offer some very high yields at the moment.http://www.cashflowproperties.co.nz

Some interesting deals there Don.

And the Labour Govt have stated that they have no intention of changing-ve gearing tax rules

davidcball wrote:

bardon wrote:
Its only an opportunity if you were getting it below market value and that is not on offer at the moment.

Hi Bardon,What would you do in this situation? I realise that it's naive to think that the vendors would definately accept any below market offers that i made… Chances are they won't. What i'm trying to…[Read more]

THE SWITZERLAND OF ASIA by Chris Mayer “The city of Singapore was not built up gradually, the way most cities are, by a natural deposit of commerce on the banks of some river or at a traditional confluence of trade routes. It was simply invented one morning early in the nineteenth century by a man looking at a map. ‘Here,’ he said to himse…[Read more]

a post from another forum on Dubai property investmentOk, I live in Dubai and have done for 3 years. Here is my take, for what it is worth.Dubai is a bubble, plain and simple. That you could have made money in the last 5 years is not in question. That there might still be profits to be made is also a real possibility. Like any bubble, the…[Read more]

davidcball wrote:
Hi Daniel,It seems criminal to let the opportunity sail on by – no money down, motivated, flexible vendors are music to a real estate investors ears…

Its only an opportunity if you were getting it below market value and that is not on offer at the moment.

Definetly hold off with the $1k deposit.  The market has slowed right down and time is on your side.   You need to get an independent valuation on the land before you commit to it you can aslo do your own comparables on the land component as well by checking against close by land sales.  You also need to check the price/m2 for the new bui…[Read more]

Scamp wrote:

Quote:
 What people don't realize is that "that other's people money" = YOUR FUTURE SLAVERY SERVICES !

Scamp I take it that you are against the New World Order and the Money Masters then

Bank of America, National City, and American International are all at 52-week lows. Countrywide Financial and Wachovia are almost there, too. Oh and those home builders? The ones Wall Street experts fell all over themselves to re-recommend earlier this year? Don't look now but they're faltering again: Condo and single-family home builder WCI…[Read more]

does anyone know what the Residex latest  growth predictions are for Ningi and also Brisbane inner city in general ?

sasharif wrote:
The deal is like that. You pay a deposit of $1k for a house and land package of $270K – $280K. The balance is payable at complition and hand over. It usually takes about 6 month to hand over. RegardsSharif

what size of land and type of hosue is this ie floor pla nsize number of bedrooms etcIf you can secure it on 1K and dont…[Read more]

Put the 10k on QLD on the next State of Origin, 100% guaranteed, and no tax liability

I see that the Gunns Pulp Mill is looking iffy, did anyone on here invest in Georgetown on the punt that the mill would go ?  I know  many did not knocking them but I am genuinely interetsted in any feedback

Yes it would be good if some could post sucess stories in WNY or other areas for that matter. I posted my loss making exercise earlier.I do agree though that well informed investors could take advanatge of the current slump and pick up some good deals if they were that way inclined.  The AUS/US exchange rate is at record highs and it would be a…[Read more]