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  • Profile photo of kay henrykay henry
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    January 22, 2004 - 1:50 pm

    Thanks for letting us know Buyer Beware is on back order, George :)) Nice first post ;)

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 1:47 pm

    I’m a horsey!! [:)]

    Glad I’m not a rabbit or Mel would sell me to an abattoir [8)]

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 9:22 am

    Pisces,

    Since the 1990’s, the inflationary target set by the RB has been between 2%-3%:

    “By the mid-1990s, the Reserve Bank’s approach to monetary policy aimed to achieve dual objectives. The first objective was to keep underlying inflation to an average of 2 to 3 percent over the course of the cycle. The second objective was to achieve desirable output and employment outcomes.”

    From: http://www.economics.unimelb.edu.au/TLdevelopment/econochat/StempEcon10.html

    This approach of inflation targeting is still continuing in 2004.

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:56 am

    i saw a neighbour of mine once walking her duck- it was very cute :o) Hope she didn’t eat her duck friend later though :o((

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:55 am

    :o)

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:54 am

    kurious, during the high interest rate times, I earned 18% interest on money i had saved. not a high interest mortgage- but high interest savings!!! :o) Perhaps a good strategy when IR’s go higher – like really high- is to have money to invest- pull out of RE- until the rates fall again.

    I had the money invested at 18% for one year, and then I decided not to reinvest- coulda got 16% over 5 years on telecom bonds- but I thought it was too small interest rate after getting 18% :+/ I woulda been rich by now had I done that ;)

    kay henry

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    January 22, 2004 - 8:46 am

    mel, i reckon I could just put up a post that said “learn property secrets- ask me how… send $10 in an envelope” to a PO Box… and i reckon some people here would send me some. It’s sad :o((

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:41 am

    well, a cow can be a friend too! and what’s wrong with eating your friends?

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:40 am

    well, Mel- what about the “send 25 dollars” one… Chan wrote that they kept 100 bucks of his from 1000 bucks that he sent.

    NEVER give your money to strangers, folks!

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:38 am

    You’re right Mel- sometimes the only way to stop doing something is to get busted :o)

    I could put up a post “free XXX sexpics!” and then go to the active members list and check out everyone who reads it, and then put all their names into a “BUSTED!!” topic- hehe- nothing like publicly shaming people ;)

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:32 am

    What’s the difference in eating a cow, a kangaroo, a snail, or a dog? I don’t get it. Why do we think it’s cool to eat cows and sheep, but dogs and cats are off limits?

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:30 am

    Matt said:

    “sue, feel free to reply to that email, and send your money to some stranger”
    Cheers Matt

    ummm, Matt… people are sending their money to strangers on this property forum- may as well send it to strangers in Nigeria!

    kay henry

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    January 22, 2004 - 8:26 am

    dvane said:

    “Weekly rent $200
    Asking price $110,000
    = Bad Deal”

    yeah, dvane- that’s a shocker deal. Only a loser would do that one. Where is it, by the way? I’m a bit of a loser myself :) I have no idea where there are 110k properties yielding 200 bucks a week.

    kay henry

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    January 22, 2004 - 8:17 am

    sis,

    the question that was asked by Tom was about CPI. That’s why I asked Terry about the table. I understand about CGT. The first table is a far more easily readable reference to CPI. All you’ve written about, sis, is CGT- it’s a little frustrating, sis- as one has nothing to do with the other, although CGT will have an impact upon CPI (inflation) rates.

    Merely copying stuff from the net doesn’t indicate that one has an understanding of it.

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 8:10 am

    Chan,

    You would have to wonder about the legality of someone keeping your $100. you might want to check this with a lawyer. I can’t imagine how someone could just keep money from someone else because they wanted to…

    Does anyone know the consumer laws about this? It sounds like a scam. A quick call to Fair Trading and I bet you get your money back in no time.

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 6:06 am

    sis- i know how to read about CPI. And the thing that you pasted from the bottom of the page is about CGT, not CPI.

    CPI is always around 2% or 3% or 4%. the figures on the table that Terry pasted didn’t appear at all like that.

    And sis, CPI is farily easy to predict. The RBA is always discussing CPI and their predictions. Basically, CPI is usually about 2.6% and will probably remain so in future unless there is a deregulation of CGT or global conditions which change inflation for us.

    kay henry

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    January 22, 2004 - 6:02 am

    323- i hit it like a girl :)

    kay henry

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    January 22, 2004 - 5:50 am

    Terry- i don’t quite get that CPI table- could you explain it, please?

    kay henry

    Profile photo of kay henrykay henry
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    January 22, 2004 - 5:36 am

    “worst house – best street” is exxy
    “best house- worst street” is cheaper…

    Again, it depends on how much money you have. Worst house in st ives or toorak etc… is going to cost a lot more than the best house in … um… broken hill.

    So if you don’t have the choice, you will buy best house in worst street.

    kay henry

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    January 22, 2004 - 1:49 am

    lwaterer,

    You could try a different bank and get your current property revalued again- you might get more (valuation and loan $$) with a different provider.

    kay henry

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