Been trying to tell PI’s in mining towns for almost 2 years that the booms over. We’re near or entering the bust phase. Given the length of property cycles you can’t get in and out and still expect to have a shirt on your back.

But then PI’s luv to keep listening to property industry spruiking and self interested parties in stead of looking at…[Read more]

Derek wrote:
Can't see anything positive for Roebourne out of this.

Has about as much appeal as living at the local tip. There’s a small subdivision almost finished now I think. Not sure what the block values are or whose bought/owns them.

Town has a high percentage of indigenous residents with few problems if I recall correctly. Unlike…[Read more]

jayhinrichs wrote:

.. I had a bad chest exray that my doc wanted checked out on a ct scan… not an emergency but the type of thing that gets you nervous… by the end of the next day I was in and out of the hospital with the procedure done and will have results tomorrow.

It’s the age group we’re in mate!! I’ve got a few bits that aren’t…[Read more]

zmagen wrote:
http://www.japantoday.com/category/national/view/japan-braces-for-severe-power-shortages?utm_campaign=jt_newsletter&utm_medium=email&utm_source=jt_newsletter_2012-05-08_AMThe nation, meanwhile, seems to be gritting its teeth and preparing to battle the shortages out. We'll see how that one goes.

I read somewhere recently that a…[Read more]

pc9geek wrote:

Freckle have a look at this video

Steve

I’ve seen a few like these. Seems like a mandatory promo production these days for investment houses. I agree with the underlying theory but I think the conclusions are extreme to say the least. Then again the political instability from an economy going over a cliff is not more self…[Read more]

NHG wrote:
’ll admit, common sense tells me a lot of what I’m seeing in the market seems unsustainable. When and how the market will correct is just purely speculation from my part.

I think if you look carefully and follow various markets you’ll find punters are always working on the edge of sustainability. It’s the old supply and demand arg…[Read more]

NHG wrote:
Thoughts?

NGH. You have to remember that the majority of landlords are as the ATO infers around the middle age and older. The property I rented in Artarmon in the early 00’s was owned by an elderly lady who was interested more in stability. Another $20/wk was less important than lost rent and additional agent costs to get a new…[Read more]

bardon wrote:
As for future drops, dream on.

Quote from a thread you posted on;

April 21, 2012
There is an interesting article on mining towns and the recent Dysart situation on the link below. According to that article it aint so bad after all.

Mine closure expected to bring down rents and prices in Dysart, Queensland:…[Read more]

bardon wrote:

I think that you will find that when it comes to rent reviews then the outcome is that they rise which is hardly a wild claim.

You make the claim they always rise which is patently untrue. I’ve rented for the last 13 years, 2 for 5 yr periods each. Not one rent rise in all that time. I pay less today than I did 10 years ago.

My…[Read more]

Wadesansom wrote:
Thanks for the replies.The previous owner used gas bottles, but i recently hooked up an electric oven and the hot water is electric as well.There is gas available as the line is just on the other side of the street, but i am just unsure as whether i am going to run into problems with tenants spending too much money on their…[Read more]

mattsta wrote:
i've been reading that perth is set to continuously grow

Wouldn’t bank on that too much. Heading down to Mandurah in a few weeks to set up shop. Strange kinda place from a PI point of view. More places for sale than you can poke a stick but jeez is it pain trying to rent down there yet plenty of rentals.

If you hook up to gas then you have to have appliances or fittings that can take advantage of it. I don’t know what the cost comparison to electric is given the capital cost.

Water is the biggy. Just luved our instance gas hot water in Sydney. Didn’t use gas heating there and personally don’t like gas heating. Too much moister with portables that…[Read more]

Andrew and I bat a few balls every now and then but I never really connected him to the other twit simply because our Andy is such a pro Qld supporter.  Even though I'm a Kiwi I still bowl for NWS I think the other woofters from Vic isn't he. They play the other game down there. You know the one. If ping pong's is too hard you play AFL 

zmagen wrote:

I actually tend to agree with most of what the freckle writes

Steady on mate. I’ll have to start a fan club at this rate.

bardon wrote:
–
Freckle I would rather not get involved with a measure of PI success pissing competition with you.

Bardon you make wild claims with nothing to back them up other than we should take your word or something.

It’s patently clear to the dottiest of people that rents go both up and down. Rents in fact don’t track inflation they…[Read more]

bardon wrote:

Sorry mate, I hate to be the one that tells you this, but they always go up.

Bardon are you a successful PI or is it just blind luck.

Click on the graphic for the full report

Dubstep wrote:
Hi Freckle,I love your comments and input on this site   !  !I'm just curious as to why some of the other site members are so argumentative with you  ?  What's all that about  ? ?

I’m contrarian.. goes with the neighborhood, however most of the guys here are great to debate with. Funny thing is most of us don’t really dis…[Read more]

Japan’s now firmly wedged itself between a rock and a hard place. Energy wise it’s barely meeting it’s day to day needs. That effectively hamstrings industry for the next decade or two if they start now with replacement energy production systems.

Japan’s GDP growth has gone negative again, however, its growth over the last 2 decades has been…[Read more]