Scuba37 wrote: HAHA Classic! Honestly I would love to know what you guys (Blogs and Scamp) do and where you guys come from?? I have a sneaking suspicion you are the kind of people who keep coming up with excuses for not ever investing in anything just drag others down who are trying to get ahead in life. If you both claim to know so much about…[Read more]
Dont worry, be HAPPY http://www.news.com.au/heraldsun/story/0,21985,23765169-5005961,00.html"Jobless queues to grow""Growth is slowing at a time when inflation is rising, which will also put household under additional financial stress as living costs soar and some main breadwinners lose their jobs. "Hang on, wasnt this exactly what I was saying??…[Read more]
devo76 wrote:
I dont think anyone is in denial in regards to oil and its longevity. Its just that most dont believe the world will come to a screaching holt in the near future. You appear to be one of those people living in fear of what lay ahead. Not caution,fear. Just as war and famine etc etc dominated the polls for whats going to kill us in…[Read more]
devo76 wrote:
I dont think anyone is in denial in regards to oil and its longevity. Its just that most dont believe the world will come to a screaching holt in the near future. You appear to be one of those people living in fear of what lay ahead. Not caution,fear. Just as war and famine etc etc dominated the polls for whats going to kill us in…[Read more]
devo76 wrote:
I dont think anyone is in denial in regards to oil and its longevity. Its just that most dont believe the world will come to a screaching holt in the near future. You appear to be one of those people living in fear of what lay ahead. Not caution,fear. Just as war and famine etc etc dominated the polls for whats going to kill us in…[Read more]
ormeau wrote:
WOW, your a fool. I hope for the sake of the Australian public that you are not a financial planner………
Gee you really got him there-god knows how he could ever rubute such a witty and intelligent remark as that. The way you have justified and backed up your claim has without left scamp no option but to admit defeat and go…[Read more]
seank wrote:
Scamp have been spending too much time in those Holland cafes? Did you read the article properly? This relates to Public trustee houses, which can't be rented out and have nothing to do with the rental shortage.
Ahhh Seank sure you read the article yourself? It isnt JUST about public trustee houses, it is also about properties that…[Read more]
APerry wrote:
Ok, we'll look at your arguments one by one:1. Interest rates: Long term money market rates have been falling, so it is a general consensus that we are at least near the peak of the interest rate cycle. The effect of interest rates on proiperty prices is overstated in any case, only just over half the dwellings in Australia are…[Read more]
APerry wrote:
It's been settled, all economists should be fired on the spot. Scamp and Blogs are the only people worth listening to!
C'mon APerry think about it rationally for just one second-our property boom was fuelled by record low interest rates and a commodity boom, now the effects of which have started to dissapate. Remove these two f…[Read more]
Its amazing people still think property prices are going to keep just going up!!!!! Petrol is at $1.60ish, interest rates are on the way up again, inflation outside target thresholds, yet for some crazy reason they figure a money tree is gunna grow and give the market even MORE money to spend on already overley inflated property prices!! I just…[Read more]
vicgirl wrote:
But you and Scamp are saying we are yet to follow in the footsteps of the US where interest rates have come down…then you're also saying ours will keep going up…excuse me for ending up confused about the logic behind your comments.
What Im saying is the states are in all sorts of trouble due to wayyyy to much debt, and even…[Read more]
That guy is a joker-tell him hes dreamin!!! lol interest rates have plenty of up before they can even THINK about coming back down….Simple -you just watch the supply come on the market when all the fixed rate loans come off and have to be re financed. Im sue all the armchair expert property investors…[Read more]
No offense mate but a $14 saving is hardely going to entice anybody, especially when you factor in the time it takes to sort it all out with you and the risk you may sc$w them-not worth it at all. Why dont you make it a little less 'tight'? Hell I could just skip lunch and save $14 and avoid all the hassle!!
KIZ wrote:
WOW, i went to Steve's last seminar and not even HE, a proven, respected, self made property mogul, would dare suggest that anything is so absolute and definite!!! Scamp, are you as qualified as him to be giving advice???
Unless of course you spout the normal dribble about property prices doubling every 7 years-then it is garaunteed…[Read more]
Tony B wrote:
Hi folks But if the bank says it owes us 250,000 then they will not sell it for 200,000 beleive me.
Want to make a bet!!!! You are basing this belief on what exactly???? Try having a look at the states for some real world evidence-PLENTY of properties sold at 30-50% losses mate!!!There arnt many selling at a discount here YE…[Read more]
Opportunity In Everything wrote:
Mate i'm looking at the cycle for my little suburb of 7,000 houses in Australia graphed on my wall for the last 14 years, I hope you don't mind if on that basis that I'm ready to buy and buy and hold.Are you any good at picking the next boom, can you tell me which suburbs are going to double in value in 2 y…[Read more]