johnstal wrote:
Someone better tell the WA, SA and Qld governments about the boom being over then.It seems you guys are the defensive ones. Anyone who disagrees you shoot down.I am not a REA. I am a real practising investor. I am buying my next one right now. I buy in areas people want to live/rent in. Supply and demand does still rule here…[Read more]
lol really, how funny, we currently have highest amount of properties for sale since 2004, which using fancy pants graphs would indicate to me that population growth and houses for sale have a inverse relationship . People arnt going to buy house if they cant afford them, simple as that. Also need to take into consideration the imigrants…[Read more]
Mister wrote:
Well I will ad that investor lerks and perks that Howard created are also obviously taking up more houses than usual adding the amount of property investing guru influx and TV shows .So call me slow
Yes you are. Try LURKS
Mister wrote: they pay $1.50 a gall in Burma but in the lucky country we pay 6-$7 for that same gal…[Read more]
Mister wrote:
Here's a strange one.Why is the ANZ boss – might have been NAB , I mean who listens to banks but – predicting the mother of all booms coming right now in a report yesterday ?Especially considering they are suppose to be resetting fixed rates in a few wks time !Cheers
Another thing , actually two that I don't…[Read more]
marty01 wrote:
Lets make a deal right now and see if your prepared to put your money were your mouth is!Would you care to meet face to face for a day to prove your claims based on experience? I think a after your comments on this forum best you answer all these questions and step up to the challenge of my competition for the next twelve…[Read more]
chefman wrote:
Hi Scamp, You are a f***fit of the greatest proportions so why dont you go back to your little warren and leave the people of this forum alone.Chefman
LOL someone is feeling the pressure of a deflating market and looming recession Dont worry Chefman-just wait seven years and your property price will have doubled bwhahahahaha
Hi there,Can I ask what numbers did you crunch when you boughtthe investment, and what has changed for it to be a bad one? Had you factored on higher capital gains? How long had you planned to hold for?As for what to do…well IMHO things are gunna get a whooooole lot worse before theyu get better. Talk of petrol being $2-just imagine the impact…[Read more]
John, you mention percentages of houses that are fully owned, or mortgaged over 10 years ago, but surely you would realise that these are not what will affect property prices. Just as people value there house value on properties recently sold and jumping up and down with joy, when they get sold down should this also devalue their properties? Just…[Read more]
Wow John, thanks for your insightful comments…Can you tell me what impact you think a lot of fixed rate mortages of 5% or whatever it was back in 2004 will have on the market when they finish and have to be refinanced at current levels, effectively doubling repayments?? Combine the added costs of living surely you would agree that 'avalanche' of…[Read more]
ormeau wrote:
Its okay, we are all saved! Kevin Rudd has asked OPEC to increase oil production (guess he thinks he has a better relationship than GW) and he is going to change the government car fleet to hybrids! Yeh Yeh 3 cheers for Kev
lol the guy is a complete joke!! If he was really concerned about reducing fossil fuel use for starters he…[Read more]
Yeah I realise that, though at least you dont risk loosing it-should at least kep step with inflation. Stockmarkets are heading for the gutter, property markets following….interesting times ahead…..