G'day Bish,

All of my tenants here in WA pay for their water usage and rightly so, wish I could get them to pay the rates aswell!!!

Regards,

Fitzer.

I agree with Michael 100%, the markets always rebound, think about it, will we still be paying 4-500k for a property in 5yrs time? I think not. Populations are  increasing and imho Australia will start to go the same way as most of Europe ie. more people renting. If you can afford it ,buy now, even if prices stagnate or drop I'm sure that over the long term (10yrs) you will certainly come out on top, remember to factor in neg gearing and depreciation. I'm still buying and will continue to do so and hey if it doesn't work, out what the hell, I had a go!
Regards,

Fitzer

PS.  What was your post blogs? I missed it!!!!  LOL!

G'day guys,

I'm looking at investing in NZ, I have a few questions,can I claim neg gearing and depreciation as I live in Oz? If and when I do sell will the cap gains affect me as I live here? I'm currently looking in the Hawkes Bay area,what are the interest rates at the moment and what are the general yields? What are the vacancy rates?
Regards,

Fitzer.

PS. My wife is a kiwi,can that work in our advantage?