CHIS replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 4 months ago
There isn't a world shortage of oil. The price will come down again as the markets settle. It may go up a bit more first however. Back in the 70's there was a "oil shortage" and price explosion. Inflation soared. Houses devalued in the late 70's then exploded in the early 80's just prior to the recession we had to have. Nothing new under the…[Read more]
CHIS replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum There isn’t a world shortage 16 years, 4 months ago
There isn't a world shortage of oil. The price will come down again as the markets settle. It may go up a bit more first however. Back in the 70's there was a "oil shortage" and price explosion. Inflation soared. Houses devalued in the late 70's then exploded in the early 80's just prior to the recession we had to have. Nothing new under the…[Read more]
CHIS replied to the topic Blocks of Land – Broken Partnership in the forum Help Needed! 16 years, 5 months ago
Sell them as cheap as you can without making a lossThe punters love a bargainStick for sale signs on them if it's possible. PRIVATE SALE. SAVE SAVE SAVE. URGENT SALE should do it and a phone number
CHIS replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 5 months ago
The world has entered some interesting times and there does seem to be some tough times ahead. I'm not convinced it will be a wipeout but I do tend to agree that prices may come down a bit. Due to people feeling mortgage stress and wishing to sell their homes fast presents an opportunity to negotiate hard. You might be able to get significant…[Read more]
CHIS replied to the topic how is possible still get positive gear property in the forum General Property 16 years, 5 months ago
They are pretty hard to find at the moment with the boom in prices and now the spike in interest rates.A big deposit helps.Buy a house where you could subdivide off the back yard and sell it reducing your debtMining towns have some absolutely shocking houses which hard mining types will happily rent out for good money due to accomodation…[Read more]
CHIS replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 5 months ago
In all seriousness, the old chestnut that Australian property values will double every 7-8 years is an assumption. Historically this has happened but when you see how far house prices have increased compared to the average salary, then a slow down must be expected. There is only so much the market can pay.However, each suburb is a microcosm of the…[Read more]
CHIS replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 5 months ago
The deal of the decade comes along every week in property. You may have to sort through hundreds/thousands of properties, but now more than ever they will start to appear.Now is bargain hunting time.What is a recession? Merely a transfer of wealthInterest rates of 9% aren't extreme compared with the early nineties where people were falling over…[Read more]
CHIS replied to the topic Help Finding a Good Finacial adviser in the forum Help Needed! 16 years, 5 months ago
Sorry I botheredGood luck
CHIS replied to the topic Help Finding a Good Finacial adviser in the forum Help Needed! 16 years, 5 months ago
My two bobs worth.Financial advisers suck. They are all stuck in the rat race working for the man………so why listen to them? They will get you to invest in a managed diversified share portfolio where you will make……………absolutely nothing. They will get a commision and your profits will get gobbled up with fees.Here's how you make…[Read more]