I think it’s often a matter of affordability in rent. Generally, community housing organisations have said that 30% of income is ok not to put tenants into “stress” when paying rent (or mortgage). If a benefit pays about $200 a week, then I guess it depends on how much we are charging tenants for rent. If we are charging them $150, then obviously…[Read more]

Anubis,

Yeah, I know we’re on the same page here :o) We just have different opinions on things- remember, I’ve always complimented you on your posts on property… it’s your posts on politics where we differ

kay henry

Stuart, I’m [offtopic] here, but I see you’re online, so… thanks for your article on managing debt in API mag. It’s a very good read

kay hnry

Richmond,

From the media, economists peg that an IR rise might now occur in December @ .25% (despite who wins the election). Certainly, new building and loans are still in the “boom” domain, I reckon. Lower prices for properties, as is now occurring, will mean that first home buyers can now approach the market.

Stuart Wemyss wrote a great…[Read more]

Md,

Look at some of Margaret Lomas’ books. She buys newer properties and uses depreciation to make properties CF+. I was just readingf an article on CF+ property in API magazine. It says that properties only need to have a yield of about 6% to be CF+. Go figure… but depreciation on newer (post 1985/87) properties help to get the yield up by…[Read more]

Someone said (not sure who it was):

“I know of two ‘spruikers’ who tell people not to negative gear (one even makes you yell it out).”

That is SO funny! I mean, the thing is, many of the people who became property millionaires quickly over the last couple of years were people who had one or two crappy terraces in the middle of sydney (…[Read more]

westan,

Interestingly, in article on CF+ property in the last API magazine, a CF investor said he would ensure he got yields of 20% when there was no real opportunity for CG (tested over a 10-year period).

MadCat, sorry to advertise API here :o) but if you buy it, you can see rental yields ofr all towns and cities in Australia, and there is a…[Read more]

Neil Jenman is one of the people opposed to this kind of disgraceful behaviour. On his website, he mentions how some of the real estate course notes mention people volunteering in retirement homes to access the aged market. It’s hardly charitable volunteer work when the agenda is to coerce the elderly. Jenman has actively lobbied against these…[Read more]

Monopoly, you misunderstand. I was saying that because I, for example, went to private schools, doesn’t mean I support the private system- I support public health, transport, education- even public housing!

And I thought your use of the word abolishment was interesting, that’s all.

kay henry

Trisha,

I don’t think anyone is tarring and feathering private schools. I think the discussion is about funding. Is teachers in public schools are overworked and there is a high staff:student ratio, then funding would make class sizes smaller, and allow more teachers.

There are people who attended private schools who support the public system.…[Read more]

Anubis,

I work in the public education sector, so we often discuss funding to education in general. To me, funding to schools, TAFE and Universities is all a part of the same pie. The analogy seemed an apt one to me- public education goes from schools to University.

Actually, Monopoly, John Howard attended Sydney University.

kay henry

hehe- no Anubis- that wasn’t what I said, or what i suggested. I said “schools” and “Universities”- I have no idea how anyone would mix those two up.
I really can’t help how people read things, but I do know the difference between private schools and public Universities- I just assume everyone does.

kay henry

Nope Sir, I didn;t twist anything. Originally, I said:

“Last year, there was more spent on private schools than there were public Universities :o((”

…which was actually something I read in the Herald.

Then i quoted Maree O’Halloran, who said:

“In 2004 funding to private schools exceeded funding to public universities.”

…which is what I…[Read more]

Anubis,

I am saying the Federal govt spent more money on private schools than on Australia’s 38 public universities. Am i comparing apples to pears? I don’t think so. I think all schoolkids are entitled to go to a University, if that’s what they want to do.

Here’s a quote for ya:

“More than two-thirds of direct Federal Government education…[Read more]

Originally posted by Marc1:
PS Why do you use the word “pontificate”, when you refer to my post? it has a clear derogatory component.

May God prosper you always.[biggrin]
Marc

Marc, it just seemed like the right word to use- it just came into my head as the one that suited. Dictionary.com defines pontificate as:

“1. To express opinions or…[Read more]

regrow,

As there is no cooling off period, don’t be pressured into signing a contract by a RE agent. Get it sent to your solicitor, and do all your checks and arrange finance before you sign anything.

The WA Real Estate Institute will hopefully be changing their rules soon so they have a standard cooling off period, if people need one. It seems…[Read more]

Abolition? Yes, we are certainly a product of our environment and schooling :o)

Last year, there was more spent on private schools than there were public Universities :o(( Now, private Universities (Notre Dame and a bunch of others) are increasingly getting public funding. Notre Dame is starting up two new campuses in sydney, and is getting a $43…[Read more]

Well, let me think Cel… I think I would choose open-air (so open, that there was no definable school, and I would just sit at the movies all day).. with a bit of Montessori and Steiner chucked in for whenever I bothered to go I reckon with Montessori and Steiner, I could get away with not turning up, and still not get belted- hehe.

kay henry

karina,

I mean thiswith all due respect- forget the past- think about 2004 if you’re going to buy now. Almost all areas have had CG over the past decade- HC and non-HC. Past performance doesn’t mean future gain etc.

karina, with all properties, I think there’s a few things to think about. I gueass you want some sort of guaranteed rental- or the…[Read more]

Not such great news for the trees, though [eh]

kay henry