clkhoo replied to the topic Hi All – Another Newbie in the forum Forum Frolic 14 years, 6 months ago
I've also jumped into this bandwagon for the same reason and appreciate some sound advice. Currently I'm renting a place in Sutherland, NSW and looking at the market around here, I noticed most of the properties on sale here will give a negative yield.I've to therefore look beyond Sydney…any ideas or thoughts on new upcoming areas in NSW? As…[Read more]
clkhoo replied to the topic Is now a good time to buy property? in the forum To international empire, you 14 years, 6 months ago
To international empire, you do have points but one can also argue otherwise with other goods. Just look at whitegoods for example or a computer or even a car. Has the price doubled in the last 10yrs or even 20 yrs ago?Furthermore comparing what happened the past 100 years ago is what my point is all about. Will that growth be repeated the next…[Read more]
clkhoo replied to the topic Is now a good time to buy property? in the forum General Property 14 years, 6 months ago
The argument about doubling in house prices based on historical trends may not go on forever.Like everything else it's easier to grow from a low base, e.g. from $50K to $100K, but if its from $500K to $1,000K it is more difficult. Imagine the next level of doubling from the current median of say $600K…we're talking about $ 1.2m, then what $…[Read more]