Bloomber – Nic Smith. Hardly convincing. A very superficial rap. The RE he's talking about is market REITs fueled by a rotation out of bonds. WSJ article wouldn't come up.

BOJ is trying to push investors out of JGB's at a controlled rate (not working) and into stocks and other investments. It's also buying directly into the market especially…[Read more]

BHP just released their forward looking presentation (Coal operations) to the market via the ASX. Again this should help investors understand the resource sensitive RE markets especially around coal projects. Investors should be weary of future projected capex spends. Miners have traditionally promised much and delivered lower. That's unlikely to…[Read more]

It's like deja vue Rio and BHP 18 months ago all talking up their book. When you have companies like Xtrada pulling back you have to ask yourself why GVK think they know what they're doing. 

The problem with current projects like this is that in terms of RE you really can't consider it any more than a spec play. I think anyone going in for the…[Read more]

Karley12 wrote:

Haha, ouch! By 'coastal requirements' – I'm sure you are aware that Mandurah is very different to Sorrento, for example. More accessible to a greater number of homes by foot/bicycle, less traffic and tourists etc. In the last twelve months I have known about 8 retiring couples or singles move there and naturally being…[Read more]

You have my apology if I've misjudged you. New members jumping on the bandwagon and making supporting comments in favor of those with little or no credibility and who make silly and superfluous comments throws up the odd red light or two.

I'm still not convinced but I'll give you have the benefit of doubt for the time being.

Karley wrote:
An…[Read more]

You'd be surprised who's on these sites.

Sydney is probably the lowest risk market historically and NSW as a whole is the only state with reasonable economic conditions. That said you can still easily get your fingers burnt there as well.

If you're confused then you're not ready yet. It takes time before you can confidently get your head around the necessary skills required to invest…[Read more]

Ropati86 wrote:
Hey freckle do you know any good renovation people?

Been out of the game too long. Well over ten years in terms of Sydney. I was north shore (Willoughby) some years ago. I don't even know anyone out your neck of the woods either.

Perth is high risk. While the Perth market may appear buoyant at the moment WA economic fundamentals are deteriorating rapidly. Many areas of WA are in decline and at the moment I see a retreat to Perth as the main driver of current activity. I don't expect that to continue for much longer. At some point the largely uninformed market will realise…[Read more]

zmagen wrote:
I quit

I accept your surrender.

Ziv wrote:
time will tell, freckle. and a downturn doesn't really concern a long term real-estate investor to the extent it worries a short term player

Is this time frame long enough for you.

or how about this one..

or this one…

the smiley faces version..

Latest trade data is not supporting the Abenomics strategy. On the contrary. 

Japan trade deficit soars 69.7% in April to ¥879.9 billion, from April a year ago, the tenth months in a row of trade deficits, the worst series since 1980, and the worst April ever. For each of the last three Aprils, the deficit was worse than in the prior one; same…[Read more]

I can go with the general theme of what you're saying although I'd dispute some aspects of it. High suicide rates poverty etc. Japan didn't collapse in a heap but it didn't really recover either when it should have. It's biggest mistake in the eighties was not allowing companies to fail and carrying the debt into the future in the belief growth…[Read more]

JacM wrote:
Yo Freckle are you saying we should place some bets on how far the Nikkei will fall and make some cash from it that way?

Only if you want part with your hard earned. In this market (Nikkei) at present you'd get better odds on the roulette wheel.

biggaz13 wrote:
I am confused

Certainly are. Keep working at it I'm sure you'll figure it out sooner or later.

JacM wrote:
Uncle Freckle I reckon you should edit your signature to include your key message   That way it shall be seen each time you post

That'd be no fun Jac's.  I like to sneak up on the muppets and surprise them. A big fancy sig block is like blowing a bugle as you walk through the door.

Karley12 wrote:
Hi all

biggaz13 – I agree with the sentiment of your post. The Mandurah and Perth markets couldn't be more different

And who else are you masquerading here as? Playing tag with biggaz13 are we?? 

Quote:
I have met very few people who want to live in Mandurah (for a variety of reasons) and this obviously equates to poor…[Read more]

Nikkei is crashing again. Currently down 4% in 40 minutes. Crazy stuff!!

zmagen wrote:
Not really, freckle, its just that you don't like the answer you've received.
Abe's current fiscal policy CAN kick start reasonable inflation and create growth, the Japanese CAN increase workforce participation and immigration, other countries CAN improve their own economic conditions and resume imports from Japan, and local…[Read more]

Rot usually sets in from the outside.

I'm 70k south in Mandurah. The property I rent (5yr old 4/2/2) is on the market at 50k below cost and 50k above market. The agent is bringing someone through this morning which will be the first in almost 5 weeks. Similar property down the road has been on the market for over 6 months now. When we moved here…[Read more]