What a great result!!

Me too, on the mass email [email protected]. Cheers!

D

Thanks KeyStrategies,

That's interesting that there will be more workshops, the workshops were good the year I went, there were a few iffy Keynotes, sounds like the gang at PI.com have ramped it up. I'm going to have to bribe some family members!

Cheers

D

Yeah my car is depreciating faster than I can legally drive it! Still good fun!

D

I didn't want to quote the price because honestly I couldn't remember

I think it was around the $500ish mark for the 3 days. I have no idea what they will be charging this year. There are people who buy tickets and then can't go as well, I was one of those last year, and they sold them on the forum.

Hopefully the price won't go up heaps this year. You'll just have to wait and see with the rest of us! I can't imagine it will be too much longer, from what I've heard its scheduled for early June.

Hi jadamo76,

Propertyinvesting.com puts on a 3 day Mega conference. It's 3 days of property information, broken up into workshops with property and other speakers. It should be advertised on the site soon. Well worth the money, I'm not sure how much it this year, but I loved the last one I went to.

I'm sure there will be more info on it soon…

Cheers

D

Wow!!!

I would LOVE to have that many cars…… need more moolah!

Driving a HSV Clubsport (luuurve V8's) called Brutus and hubby drives a 370z. Red and yellow. I saw this race deck stuff you can get to create a checkerplate type floor. It was on Vanilla Ice's reno show he did, still thinking about putting down on the floor and painting the garage grey to have the cars relly stand out.

It's great that people are buying toys, all work and no play makes for unhappy people!

Vroom! lol

D

This is going to be interesting to watch!

I'm thinking materials costs will go up, and that the compo (cheers Scott) aint going to be enough to cover the cost. New builds will cost more to build, timber will go through the roof, concrete and other high polluting items will go up.

Anyone worked out how the carbon credit thing is going to work? You can buy them on Graysonline http://www.graysonline.com/search.aspx?q=carbon+offset so this will be interesting.

Construction methods may have to change, I've read through some of the stuff available on the govt website (awhile ago might have changed since) and for tree farming etc to have carbon offset, you can't cut down the trees. At all. Timber frame houses may be out, but with the steel industry being 'dirty' carbon wise, who knows.

Wait and see I guess, I can't see the cost coming down.

Cheers

D

Hi everyone,

Cheers christianb, always happy to be corrected by an expert.

I guess I am speaking from my personal experience, where even in an area formally designated for high density (apartments) a major planning backflip happened by council. It really does pay to have all the information. And be prepared with a backup plan, just in case.

I guess it really does depend on the council as to whether they are happy to encourage more/smarter development and what your expert knows about that area and it's planning scheme

Always excellent information. keep it coming.

Cheers

This thread just keeps on keeping on……almost as bad as the property crash 09 thread!

This is my last post on this, then I'm unsubscribing

Firstly, Simple, even if the three posters you have pointed out are the same person (which I doubt) so what, they can speak their minds just the same as the property bears that have multiple logins do.

Secondly being in Brisbane is tough. It is a down market which like a Coles advert is 'down down prices are down' and staying down. Which is very different to other markets.

Queensland has lost a lot of it's lifeblood in the tourism trade. Wealthy Japanese are rebuilding in Japan or touring a cheap America. Aussies are staying at home because of the much touted 'recession' Because really that's what it is when retail spending is down, now one is buying a new car and no one has spare money.Thanks to the MEDIA for the recession we thought we were having.

The other problem QLD had is in the fact that retirees are working longer and not retiring to live in the sun the way they used to. Victoria's weather has stayed relatively stable for 10ish years meaning that no-one in is a hurry to jump ship to escape the constant drizzle, this will change over the next 10ish years.

That's my take on QLD.

SO. Where are people moving to? Victoria, which has had a mini slump (10 minutes ago you missed it) in some areas, the good Eastern Suburb areas with reasonable price tags haven't even blinked and a few top end properties had to sell for under $10 mill big whoop.

The other place which is being touted by every Tom Dick and Immigration department is THE HUNTER VALLEY! I wish everyone would just be quiet about this! I am not ready to buy there yet! ;P Generally when people you know start working somewhere in mining or construction, the area is gearing up.

So the crash……. the big crash…. is in QLD. It is also in WA where you must discount  to get a sale. But these areas will come back, when people can get jobs there easily and projects etc start happening there.

Somebody else talked about the stock on market and this is a pretty important thing in Vic. If you have junk, that isn't perfect, it will not sell. If you have 'the house' the one they all want, then you will get your price.

People who have loans and cash, want to buy exactly what they want now. The way they can shop in a shop is the same way they want to buy a house, exactly the spec they want, the way it feels when they try it on, the price, the customer is always right. And in some areas it is not a lack of stock, it's a lack of perfect stock.

D

Paulk,

I think it is excellent that you have high liquidity and the ability to buy when ready, I think many would be envious. I hope you won't leave it as cash for too long.

Which particular market are you looking at? I think we'd all like to avoid the falling market. Would that be Vic, or NSW, or WA or territories, would that be regional, city, sea-change and would that be industrial, commercial, residential. Oh and are we talking apartments, units, houses if residential?

I don't think anyone should buy in a falling market, but not all markets are the same. A smart person takes an opportunity when they see it.

As to the comment about supply, then by your suggestions, we should have no problems with supply and therefore see quite a sharp increase in supply in about 20-30 years due to generational death (sorry no nice way to put that, my parents are in this group too). We therefore, do not need an increase in tax, or any other input in welfare or the like. A large part of the population will be deceased easing the need for spending on health care etc. Goods and Services will be cheaper as demand has fallen. There will be plenty of jobs due to a large segment of the population no longer needing those jobs, freeing up space for those on welfare to become fully employed.

Therefore, as you have reminded us about the cost of living, that cost should be reduced for the following generations due to an ever shrinking population.

D