Hey Mr D. I'm thinking about your comment algebraically. If I can establish a limit for what is possible at a national level, and you can identify a small minority of properties that will exceed this limit of possibility, then the remaining majority of properties must perform below and not at this limit, right? And flowing from this, if…[Read more]

My thoughts? Wager only what you can afford to lose on short term movements. Understand the range of possibilities for the long term. Discard any advice that is based on impossible expectations. Invest on knowledge, not hope.

Linar wrote:
At the risk of being a party pooper I'm going to give my thoughts to Phil on the question he originally asked: "Is property investing all it's cracked up to be?" (in case anyone else has forgotten what the topic was)IN MY OPINION, the answer is Hell yes.

Oh don't get me wrong. I'm in the same boat (sort of). The vast majority of my…[Read more]

Jon Chown wrote:
When I began selling in 1980, I was selling brand new spec homes in Capalaba (an outer suburb of Brisbane located in the Redlands some 20k from the City) for $35,000. Now if you compound this out at 10% per annum (thats 15 – 5 for rent = 10) for 28 years you get $458,849 which if you go to Real Estate.com you will see is…[Read more]

Cattleya wrote:
4. many other things, but basically refuting a lot of what Foundation foresees.

Really? Which bits? I love that Luci Ellis report, I often refer people to it when they argue that the house price boom is not a credit-financed speculative bubble! So yeah, do show me which bits refute my hypotheses. And while you're there, perhaps…[Read more]

Tysonboss1 wrote:
Remember the housing density does not have to double to double the value of the land, alot of areas will go up in value as the become more sort after because alot of people don't want to live in apartments.

I get you, but if we accept the basic premise (and I believe we must) that over the long term the amount of money…[Read more]

Oh and ps, refer to my third to last chart. Our population grew between 1930 and 1950 (by 26.5% or a CAGR of 1.2%pa, similar to today). We built insufficient dwellings to house this population growth, so living density (people per dwelling) rose. Yet prices fell by some 60% and took 20 years to regain their former nominal price level.Coming soon…[Read more]

Tysonboss1 wrote:
I don't think the price of land is linked to incomes as you would suggest. Picture the price of land in sydney CBD,… it was affordable housing as 1/4 acre blocks 200 years ago, but valued at $50million a 1/4 acre block is defiantly not affordable there now,…. But if you build a 60storey apartment building then it does…[Read more]

On a lighter note, I still haven't forgotten our little bet of 18 months ago:https://www.propertyinvesting.com/forums/getting-technical/finance/24327?#comment-130528Amusingly, the $5,000 of gold I set aside for the wager would sell today for $6,300. I know, small fry compared to leveraged property in Melbourne, but I'm happy to be a turtle.…[Read more]

MichaelYardney wrote:
Boy in Blue – you are right – the figures are wrong . A junior journalist misquoted me over the summer holidays almost a year ago. What is correct is the basic principals of compounding growth and leverage. And despite all the arguments to the contrary of why it can' happen and how simplistic my argument is, a…[Read more]

Hi test7875,Buy Allan Staines books:- The Owner Builder & Renovator Manual – The Australian House Building Manual- The Roof Building Manual- Decks and Pergolas Construction ManualThey're very good, with detailed drawings of every little how-to you can think of. Read all about it…[Read more]

L.A Aussie wrote:

simple wrote:
OK, bright part of Aussies have elected the Labor party to rule the country. I hear that they are Labor is a party that looks after the down-and-outers and favours hand-outs to the masses; looking to keep them happy at the expense of longer term national economic activity and investment. Noble; but not…[Read more]

My guess would be none. I don't think any "areas" of suburb-size or larger will increase by 76% over the coming 5 years. I reckon there are some areas that will spend time falling by a similar annual dollar value within that timeframe.Could be wrong though.Cheers, F. [cowboy2]

Yep, Florida sure seems to be a great place to invest at the moment. I've heard it commonly described as 'ground zero' by my friends in the US…Cheers, F. [cowboy]Seriously folks, don't even think about it. Not until you've read up on the Florida/California/USA state of play. Some links from the last few days alone:

Quote:
Robert Shiller, a Yale…[Read more]

Wow, J.D. You're right. Your new neighbours won't like living next door to you. Nobody in their right mind would – you sound like a right 'Cousin Eddie'… click here if you've forgotten who I'm talking about. But in a civilised society, it would not be they who are unreasonable in objecting to you, your family, your noise, the poo-throwing and…[Read more]

Scott No Mates wrote:
With the shareprice having taken a tumble over the past 48 hours due to concerns about refinancing their short term debt for the US investments, is it worth taking a punt on CPT on the prospect that they are able to refinance in 2 months time by the deadline) and stand to make a killing on the increase in the…[Read more]

Rents have tracked CPI inflation over the last almost 40 years according to ABS data. At times they rise faster until they are above the CPI trend then they rise slower until they return to trend.There is a very simple logical reason for this. Rents have to be paid from wages, and wages generally rise with CPI (or a little above during periods of…[Read more]

"How To Stop Developers?"Buy the land yourself. You've bought your property, you should get to decide what happens on your property. That's called ownership rights. Somebody else bought the other properties. They should get to decide what (within reason) happens on those other properties. That too, is ownership rights. You shouldn't get to decide…[Read more]

No, not business as usual forever. All my efforts to understand the situation have led me to conclude that oil is in finite supply (at least over the timeframes we're concerned with) and will become scarce and valuable in the future. I don't think we will ever completely run out of oil, it will just become too expensive to use/waste as we…[Read more]

Hi chrisc83,Well done with the saving and investment so far! The problem is that very few here are qualified to give the financial advice you're after, which is regulated unlike property investment advice.You need to consider your risk profile, your current investment yield / growth and your personal goals. You might be able to get a better return…[Read more]