devo76 wrote:
Dont forget these so called falls are from the absolute top of values to a expected absolute bottom( The worse case scenario). From that low they will go up again eventually. If you bought at the top and sold at the bottom then you are very very unlucky.

Also unless its the same house that sold at the top and bottom or at least a…[Read more]

crashy wrote:
people always assume a 40% fall is impossible, yet just look at bank shares which have fallen 75%. everyone said that couldnt happen.we have had 30-40% falls in houses during previous recessions, so why would it be unlikely now?

Not impossible, just not very likely. With bank shares they may have $5/share worth of assets yet…[Read more]

hbbehrendorff wrote:
hahah Today was the biggest jump in gold since 1999…

And yet despite all this panic on the stock markets gold is still 20% DOWN on March prices ? Its only a suckers rally.

Quote:
. And I will continue to be wrong when gold is $2000 an once.

No doubt it will get there one day, but is more to do with rising…[Read more]

hbbehrendorff wrote:
http://www.youtube.com/watch?v=x1V5iu715rc

That was a waste of bandwidth. Again I ask , what this obsession with the yanks you boys have ? Are you trying to buy property in US or over here ? Anyway, its all over now. The US gov. bailed everyone out including AIG, Barclays is buying Lehman and you can now come down…[Read more]

hbbehrendorff wrote:
Gold was $21 an ounce in 1930 now it is almost 40 times that value, while your paper money's value has continued to loose its worth.

Wow, that's almost 5%pa. If you used that $21 to buy 1-2 acres of land in Brisbane you'd be sitting on $millions .What exactly was your point , cost of labour to produce the gold went up?…[Read more]

hbbehrendorff wrote:
Wow, Today AIG went under and was bailed out from the federal reserve, Australian stock market down… It appears Im being proven wrong more every day.

And what has AIG or even ASX got to do with the property market in Perth ? Stop pointing to OS markets and trying to CONvince us you are right or I'll have to point you to…[Read more]

hbbehrendorff wrote:
Do you not know that today lehman brothers went broke today ? the dow jones lost 500 points in one day…

So what's your point ? Resources were up over here, or didn't you know that ? You do know that Lehman Brothers are in US and our banks have minimal exposure, right ? What's this obsession with the yanks anyway, I looked…[Read more]

wealth4life.com wrote:
The major banks are making it very difficult for burrowers and are applying pressure on reputable valuers to get it right or else. Some banks are that concerned with some areas of the market that they have shut down lending in some of their banking sectors.

What country are we talking about here ? I sniffed around CBA and…[Read more]

Carl.Alexander wrote:
Has anyone noticed like I have the huge sharp increases of late in the Golden Triangle area of Perth?? Some properties are being advertised at prices that have never been that high before. No doubt certain areas such as Mandurah and Down South are down but other areas are on the way up!

Not only down but also below…[Read more]

ummester wrote:
Damo,Everyones expectations are too high. You don't want to have your granparent's life on retirement but if you have any better it will cost some part of this country more than theirs does. You can't have that little bit better without someone having that little bit worse – it's all balanced. I don't know the answer but I do…[Read more]

duckster wrote:
Normal doors do not keep motivated people out of houses. Look how easy the cops kick in doors with ram rods on the T.V shows that are on at the moment.

No and if you try to fit something stronger you are in breach of the anti fortification legislation. The law doesn't allow you to install a door that can prevent or impede…[Read more]

ummester wrote:
The current fed govt isn't making descisions that give people more money, it is working out how to take it away with truancy clauses and the like. It was the Howard govt that persisted in bailing the overleveraged out, not this one.Maximum govt rent assistance runs at about $150 FN and it isn't going up to my knowledge.[

Krudd…[Read more]

devo76 wrote:
Not sure of the exact numbers but if you bought in SEQ or SA during 2006. You would be able to see a fair price drop before you even get close to your original purchase price.If you bought at the peak and have to sell then you may be in trouble. But this is a small % of ther population.

Same for SA where you would have easily…[Read more]

ummester wrote:
But bottom end tenants on minimum wage or facing redundancy wont be able to afford the rent increases and this will put pressure on some landlords to sell as they wont have the cashflow to keep all of thier investment properties. The only people to sell to, however, wont be able to afford any thing close to the peak of 2007…[Read more]

Just noticed I typed the wrong # , it should have been 7008  Estapol . 7001 is the battery I keep forgetting to buy  There is some  extra work when applying the finish because of the timing between coats, if you start in the evening you should be able to finish the job without waking up the neighbors. When you're ready to seal it get your Es…[Read more]

Why do you need one for floating boards ? Wood is a good insulator,  once the room has warmed up you can go bare foot. I wouldn't bother with heating under the wood, if cold feet are a problem then a better solution would be something like this: http://www.mitsubishielectric.com.au/MFZ-KA-VA_Floor_mounted.htm

calvinci wrote:
great opinions, I love this forum.. any idea where to get floor heating stuff in wantirna area, melbourne?

Try http://www.coldbuster.com.au

newbi2 wrote:
That said, I did like the duribility of the laminate, we had 2 small children on it for 4 years and minimal marks. I am not sure that a "real" wooden floor would have stood up so well..

Depends on the type of wood used and more importantly the finishing coats. I have yet to find something that's tougher then the 2 pack estapol…[Read more]

jezza1 wrote:
2. if i do buy first home owner and convert to investment later wat are the tax implications for negative gearing etc?

What not buy something you'd like to live in, keep it as ppor for 6 months then rent it out for the next 6 years and move back in before CGT kicks in ?

ummester wrote:
No doubt I will find the first home I buy a dissapointment – imagine how dissapointed I'd be with the purchase at current prices.

Probably not as disappointed as you'll be by 2011. For your sake I just hope you didn't listen to Scampman and Co. and "invested" your house money in gold and silver, over the last couple of days…[Read more]