Thanks Scott. I'd understand if this was the purchaser trying to fill in gaps for themselves,  but they're asking because their pest inspection company "recommends" that they ask these questions "as part of their [i.e. the inspector's] disclaimer." I think the purchaser is being ripped off, and I feel as if I'm getting caught up in something…[Read more]

Just one comment; try to find a way to provide bench and storage space as well as the appliances. You’re describing a family home: chances are they’ll need at least one laundry basket and 2 dirty clothes hampers – awkward things to store.

Otherwise, great idea.

Ghoti

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Without music, life would be a mistake.

We have one. We call it the disaster plan.

For us, facing the possible disaster of divorce and then working out a way to deal with it was both a sign of trust and part of building trust.

Different strokes for different folks I guess.

Cheers,

Ghoti

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Without music, life would be a mistake.

Our home… I mean our PPOR… backs on to a big park with 2 sports ovals and a bowling club as well as a kids playground. We have a high, ship-lapped back fence for privacy and security.

We have been burgled; they came and left through the front door.

I love the park for its trees; it gives us the pleasure of big trees without any maintenance…[Read more]

Here’s the transcript of the PM story. http://www.abc.net.au/pm/content/2004/s1116631.htm

I thought the most interesting thing about it was the wildly different result on Sydney prices between APM and Residex. That chimes with other reports I’ve been seeing, notably from Alan Kohler, that residential property statistics are very…[Read more]

Hmmmmmm…

I guess it all depends on how lawmakers see the problem. If the problem is that too many people can’t afford the price of a roof over their heads, then increasing the GST rate looks like a very doubtful solution at best.

Did anyone predict the NSW tax on profits from sale of property? It seems to have come as a complete surprise,…[Read more]

Thanks Derek. That’s the first case I can think of where a compensatory tax concession stayed in force as temporary taxes so often do [cap].

However, this further reinforces the idea that present tax treatment is overly generous. Let’s say negative gearing remains too hot to touch: what changes to depreciation or CGT treatment do people think…[Read more]

Did that 17 years include the last attempt to abolish negative gearing? Do you remember what the exact terms of the change were? By that I mean, presumably the legislation (regulation?) didn’t say “negative gearing is abolished”, but something about “deductions for interest on loans to purchase investment residential property are not allowable”.…[Read more]

OK it was a flip way of stating a serious general opinion. Sticking firmly to property implications, I think you need to restate your criteria. Something like:

What areas – geographical or industrial – in Australia will gain from an FTA with the US? Of those areas, which ones do you think would both (a) not gain from trade with the US in the…[Read more]

Personally I am not interested in investing in property in the USA.

Ghoti

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Without music, life would be a mistake.

So sorry we missed you all. We found the SMH stand about (all watches are confused today) 10:25 after a bit of a hold-up getting in, but didn’t recognise anyone so just kept wandering until we had to leave – just before Margaret Lomas started speaking. We’ve brought home lots of stuff, probably as much to do with share trading software and…[Read more]

Two more for tomorrow morning. If you see a pair of grey-haired lovebirds sharing happy delusions of teenhood it’s probably us.

My main interest in the expo is the commercial property seminar, which starts at 11.30. Apart from meeting forum folks of course.

Ghoti

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Without music, life would be a mistake.

“I can see where Rugbyfan is coming from, but it wasn’t done to “scare” anyone… we have no control over every person’s interpretation, so it comes down to the individual…”

On the other hand, Richmond, part of the newsroom’s professional skill is to know your audience. That knowledge is one of the critical influences on how stories are…[Read more]

Aha!! But they were too quick for this one, about the timing and reliability of real estate information.

http://www.smh.com.au/articles/2004/03/17/1079199293378.html

Hi Bear,

The game I’ve noticed under discussion is Robert Kiyosaki’s “Cashflow 101”. There’s also a Cashflow 202, which uses the same board with different cards. Both are described as educational games, set up to teach Kiyosaki’s “Rich Dad” principles of money management and wealth building.

You can find online stores that sell it, but if you…[Read more]

Danger Will Robinson!!

In NSW Land Tax was payable this year if the combined UCV of your properties, apart from your PPOR, on 31 Dec 2002 was $261,000 or more. The threshold for 2004 is $317,000. One house in Sydney might create Land Tax liability; two almost certainly will.

In Victoria the Land Tax threshold for 2003 is $150,000. I’m not all…[Read more]

I know about community gardens and I’ve met several systems for distributing nutritional supplements and alternative health care products. But the thread got onto those things from talking about venture-capital and investment in alternative housing materials as ways to rebuild social capital.

Those sounded to me like big things that Other People…[Read more]

My first thought about this was that I’d rather put the money towards a box at the 2004 New Year Test. My next thought was maybe this is off-shore. My final thought was, CG would probably be excellent on a box at the SCG, if only…

I don’t know much about units []

With reference to the “liquidation sale”, if the deadline is real they have 7…[Read more]

The agent says his instructions are to sell by Christmas; he told the vendor that if that’s a serious instruction then the price has to be serious; the sign is intended to attract attention, which it certainly did.

The units are for sale singly – i.e. the entire block is not for sale (I think because the vendor doesn’t own it all). Some are…[Read more]

Wrenching this thread back towards property, do you see any way that your residential properties might promote, or at least enable, better nutrition and/or lifestyle? The garden seems like a good place to start: if you’re making and/or maintaining a garden anyway, as many people recommend, it’s no big deal to plant edibles as well as ornamentals.…[Read more]