Acey, are you worried about your own “junior member” status? You don’t need to- we all know you are incredibly experienced and knowledgeable about RE because you keep telling us.

Elsewhere, I made a suggestion that we could all lose our stars, as stars are just an arbitrary thing. Certainly, on here, most people (even newer people) don’t give a stuff how many stars people have- usually, people care more about the kinds of things people say. Misinformation is usually corrected by others who know, and any of us are still able to ask questions, no matter how many stars we have, aren’t we?

I disagree with many of the things people say on here- no matter how many stars they have, or what colour their nickname is, but that’s ok- many people disagree with what I say too.

Kill the stars or keep the stars, but it’s just a forum for people interested in property- doesn’t matter how many IP’s people have or how old they are. Some people might have no property whatsoever, but their contributions can be incredibly valid and thought-provoking.

kay henry

Yes, but do we want heat when we buy? A RE agent told me the other day it’s a buyer’s market now, but he would say that [baaa]

kay henry

kathryn,

Do you really need to sell? Can’t you keep the place as a rental? Then you can continue to use the equity in the place to keep purchasing other properties. Perhaps when the RE sale contract lapses, you might think of keeping as a buy and hold.

And kathryn, your price sounds about right. You are in the home of pozz gearers, but you have a right to sell the home for what you think it is valued at, based upon previous sales in the area and the condition of the home.

If there is going to be further industry in the area, then it’s likely there’ll be demand for your home. You might just have to be a little patient right now if you want to sell

But don’t sell it for a song!

kay henry

Welcome back PG- you’ve been missed by the forum funsters! [hair2] Hope you’re doing well over there. By the way, we split up your IP’s in your absence. I got the caravan. [hmm]

kay henry

my take on it hissho, is that they don’t need to use negative gearing, because they don’t actually have the debt on the properties and need the tax breaks. God- look at their incomes. Thry pobably own the properties outright. Neg gearing means keeping oneself in debt. So every time you almost have a property paid out, you keep buying more to keep those tax breaks kicking in.

Maybe they just go out shopping some weekends and pay cash for a place in wollahra? I doubt they are buying up pozz geared places in broken hill.

kay henry

Oops- just had another thought about this. eflecting what I was saying above… you know when your house is a [oink]sty, or your car needs a service and a wash… when you clean up your house or car, it only just really brings it back to what it was supposed to be. hehe- don’t know if this thought is worthwhile putting, but it makes it clearer for me

kay henry

Tank,

I like to think about successes that have already occurred. If you have some property, you’ll probably already have achieved some CG. It’s pretty motivating when one buys property, and then gets CG and can think- wow, that’s 2 years less I have to work in the future!! [lmao] Remember how past successes have felt and how ya wanna replicate those feelings again- even if those feelings might not occur until the next boom in 7 years ;O)

kay henry