Freckle wrote:

Bardon you make wild claims with nothing to back them up other than we should take your word or something.

I think that you will find that when it comes to rent reviews then the outcome is that they rise which is hardly a wild claim. Happens all the time and I doubt there would be many investors that are keeping up their…[Read more]

Freckle wrote:
Bardon are you a successful PI or is it just blind luck.

–
Freckle I would rather not get involved with a measure of PI success pissing competition with you.

But when it comes to rent growth or not, I would like to engage your well honed chartist skills further. Rather than posting a chart with the last quarter rent, hows…[Read more]

Jpcashflow wrote:
Baron,
Rent per area can only go up so much

Sorry mate, I hate to be the one that tells you this, but they always go up.

Freckle wrote:

Rents rise

The Freckle

Yes that’s it, thanks for confirming.

And if rents rise then your cash flow improves.

This is how it works, you buy a place and rent it out. The rent increases, that is all. No delusion, no spin, just the facts.

Freckle wrote:
Bardon, ran across these comments at MB. Even though they’re anecdotal they add weight to the real world events happening out there as opposed to the data and statistics.

The Freckle

Freckle one thing that you need to grasp in your debate, which is significant, is that the average housing investor is far less fickle than your…[Read more]

No worries I think if it stacks up, then it stacks up and the green grass is a distraction. Good luck.

Fair enough but do the numbers and compare it to other neighbouring areas before you say that. I said that I missed the boat in Emerald, Moranbah, Mt Isa, Pt Headland and Karrtah in 03 and I hadn’t. I still thought that I had though.

I think the Latrobe Valley is a good un.

I caught a show on Your Money Your Call by Margaret Loams. She was talking about Warragul and said that it wasn’t a good investment and would miss the growth for what its worth.

Yes we all know about the high interest rates of that era and the recession we had to have. It was only a few years later when I learned how to read that I realised that I had gone through a recession, even if it was a dawdle.

Sure the trade up young guy may have run into difficulty or whatever. But anyone buying into the Sydney market at…[Read more]

I hate NRAs and hope they abolish it.

They have just flooded the inner city market in Kingaroy (ha ha ) with decent joints at decent rents, this must stop. I have a dumpy joint that was up for re letting and I had to drop the rent because of this NRAs scheme preponderance of options. Lets hope Campbell Newman in the spirit of Joh Bejalke revokes it.

Just had my Objection to the ATO allowed. Party……………………………they are still a bunch of bar stewards and definitely stick to the PAYG variation.

I aint investing in Horsham but I will say that it isn’t a mining town and definitely isn’t a single industry town either.

Freckle wrote:
When I looked in 98/99 I saw crash written all over the property market. Prices couldn’t ramp up at magnitudes greater than wage growth without correcting.

Steady on their Freckle, any fecker that bought a joint in Sydney 98/99 didn’t see a crash, wont see a crash on what they bought in at and as far as wage growth is concerned…[Read more]

sapphire101 wrote:
If we can bring this thread back to just Australia for a moment,

Ian,

All good points but can I ask you a couple of specific questions about your post.

Do you think actual house by house prices in Cheltenham have cam back as much as the median price has ?

Are you saying that if you have a residential loan agreement with…[Read more]

AndyDonnelly wrote:
How long will this discussion going on ? another year or two or 5 years ?it's very interesting to see people's view : )

Andy it has taken six years to get nowhere with the bust, so I will take a punt that this thread has another six years to go at least.

Freckle wrote:

bardon wrote:

Well if the price of that house and its rents are higher now than they were way back when, then they have conformed to the general rule, no ?

“No time in history” is a very long time for you to have a comprehensive economic knowledge of.

You talk as if rents and asset prices increase in a linear fashion when…[Read more]

“Absolute certainty is the privilege of uneducated men and fanatics.” — C.J. Keyser

I have started doing it this way as I used to treat the lump sum refund as a bit of an end of year thing as opposed to getting it as I go. That’s all changed now for me as I have had a terrible year with the ATO, that is not over yet. Anyhow got my accountant do do a variation and now I don’t pay any income tax for the rest of the year. It is…[Read more]