ummester wrote:
Flipside is, the easier the lives of people around you are, the easier yours will also become.Imagine where everyone just worked a single job to afford their house and then imagine how much more pleasant service you would get from untired workers in customer contact/service roles.Imagine where the primary investment oppurtunities…[Read more]

xdrew wrote:
I dont have to read those articles.Because consistantly … and regularly the 'experts' in the paper have been proven wrong.I am not going to mention names .. but there is a certain person in the investors section of the paper that gives me a regular giggle with her insights. She's been SO wrong … i read her for the laughs now.The…[Read more]

Pauk wrote:
When did it become the goal of an advanced society, like ours, to make the cost of living, including house prices, dearer for the following generations?

Since when was this ever a 'goal'? People set out to make life easier and better for themselves, NOT make life miserable for everybody else. Don't develop a complex here.

Pauk…[Read more]

ummester wrote:
I don't quite understand why agents would want to get more to list when many markets are in oversupply ATM.

Beats me too. However I think the markets are in oversupply of less desirable property…less desirable could mean, not as 'nice looking', in poorer condition, not matching the demographic or price range of the folk…[Read more]

xdrew wrote:
BWAHAHAHAHAOk .. for anyone who is sensible .. DONT READ THE NEWSPAPERS. Simple as that. Every second article is doom gloom and how there will be an eventual reckoning. If I trusted the papers I would have missed both major booms in the last 5 years. So .. I didnt .. i actually used my head and it made me richer.June 2006 – Markets…[Read more]

Matthew…once your thesis is complete, and you have a PDF copy, I'd be very interested to see it.

Oh, for those still reading, I read an article in yesterday's newspaper just today (go figure). Anyway, for those who have this Saturday's Domain, look at page 16 for the article by Chris Tolhurst titled 'Know whether the market is turning'. Also, read the article on page 15 by Kate Roberton, titled 'The fringe of a revival'.Are these articles…[Read more]

Gus66 wrote:
What you need to ask is "are all the skeletons out of the wood work"?

Haha, are they EVER?

ummester wrote:
Your in now, make the most of it. Trying to get out could actually turn out worse. If you have your finances in order, you should be fine.

Interesting that we mention getting out of the market. They say the road to hell is paved with good intentions. However, I've planned not to get out of my properties for at least 10 years…[Read more]

desilucky wrote:
So If I have more deposit next year, and if prices come down than I will be more better off… Or shud i go ahead and buy now……. My gut feeling is prices are going down,,

Reading through your post, I figure that you must either be thinking aloud, or otherwise posing rhetorical questions to the forum. Nobody is going to be…[Read more]

mattsta wrote:
''This has potential to be significantly worse than the Lehman Brothers collapse and the subprime crisis because now we are talking about nation states,'' Mr Norris told BusinessDay.That's quite concerning. I guess I may have to brace myself for the oncoming GFC2 – What are you all doing to protect yourself (or at least be…[Read more]

In addition to the above, when you're looking at investment property, consider also the vacancy rates in the area of your interest. Check SQMresearch for more info. Vacancy rates at Wyndham Vale are currently sitting at 10.6%, a little too high for my liking.

keiko wrote:
Yep deffinatly, it will be interesting if enough people answer.  I keep reading that most people want to live in apartments in the CBD's hence the reason for putting this post up

Depends on whose opinion we read, I suppose. For example, if you head over to the API blog, Michael Yardney believes that apartment living and a…[Read more]

Marie123 wrote:
No worries. It was a while ago we were talking about JL anyway.I am looking to get a report off him in the near future regarding a few suburbs. Hopefully it all stacks up. Other then the 'final buyers market' I think he encourages the 'family home market' – but don't know what he calls it. The banks are more likely to lend to…[Read more]

Marie123 wrote:
fWordPardon me, I thought you and I spoke about John Lindermans' book in this thread – or was it someone else? Whoops.

Sorry Marie, I didn't recognise the abbreviation. John's book is a good one, contains a good amount of logical information and doesn't take a rocket scientist to absorb it. Indeed he makes a mention of when to…[Read more]

Marie123 wrote:
//When the sharemarket does recover and levels start heading towards the peak again, the boomers would retire en masse. And that's when they'll be selling their investment properties. The boomers have literally watched their nest eggs vaporise in a matter of months and they're in a bit of a pickle…too few working years left and…[Read more]

Marie123 wrote:
"Step 8. Baby boomers have to sell their properties now that the value of their super has halved and they need something to live off. This adds further downward pressure to the viscious spiral"Isnt this already happening? For those that have lost big money in shares (via their super) they have already been selling up, no?

The…[Read more]

ummester wrote:
And no, I don't have property, or much gold or shares. Just a healthy deposit and a reasonably secure job. I plan to use my deposit on the best thing it can afford me when the banks start asking for a minimum 20% down again.

Personally I don't see any real reason to wait till the bank requires a minimum of 20% deposit before…[Read more]

Although I'm not an expert in the area of Belmont, I did speak to one of my clients less than a month ago who was planning on moving over there. I had an interesting discussion with her about the area because I'm personally a big fan of some parts of the Geelong region.She said something interesting which made me feel that I'm not alone in my…[Read more]

In some of the older established suburbs where subdivisions are happening, I keep seeing listings that tout 'compact block' or 'low maintenance block' as if it's a major plus. Well, maybe it is, but it depends on who you're talking to. I'd rather buy a house on a full-sized block of land, thank you very much.