Forum Replies Created
Crazy giving people with that sort of stash a pension and don’t forget , what sort of percentage would have those kind of assets and stash anyway, wouldn’t be that many you wouldn’t think.
Can’t take it with you though and a good looking corpse means a very boring life so l say spend and you’ll only have 10 or 15yrs to do it too.The other thing is , don’t forget people say 30k a year but hey, at that age they probably have no debt, no repayments, no car loans, eat like sparrows and probably just watch tv every night so 30k is the same as 80 or 90k to us.
ps and ,they’d be selling things off now and then too and putting away some pretty good money to play with as well.
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This reply was modified 8 years, 5 months ago by
macc.
macc
Vic
l go first and for most, our prices are ridiculous as in what near the dearest in the world and for what, there’s something way wrong there.
There has to be a correction sooner or later no matter what anything else does.-
This reply was modified 8 years, 5 months ago by macc.
macc
Vic
From what l’ve seen Australia’s nothing like the US in just about any possible way let alone on lending.
We are so tightly ruled and over regulated here in every possible area not just money,it’s a nanny state.
But anything’s possible and tbh l’m amazed our market hasn’t collapsed with over priced everything not only housing but to suggest Australia make even more rules and chains and restrictions on anything not just housing or Depps dogs, is just ridiculous, we’re already a laughing stock.As for our banks though,record profits no one else in the world as far as l know can even imagine, charges nobody else have even heard so nope they’ll be right you can bet your sweet bippy on that, at our expense.
But you do wonder with everyday people and mortgages though also almost the highest in the world even for average living in suburbia.Add our cost of living also among the highest, our taxes on everything,also among the highest, forget wage tax that doesn’t even scratch the surface as if that wasn’t high enough, double that again with everything hidden,then add our debt ratio,also among if not the highest in the world.
Then you do really gotta wonder about just what becomes of everyday people and their mortgages if things dump.
The gov can’t even handle what , a 2 or 3% debt but the average Aussie is in hock upto their necks so there’s zero leeway.-
This reply was modified 8 years, 6 months ago by macc.
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This reply was modified 8 years, 6 months ago by macc.
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This reply was modified 8 years, 6 months ago by macc.
macc
Vic
l did try that early on , not much luck.
The trouble is in a nutshell , most people with the bucks are super cautious p@ssies tbh that can’t really seem to see the potential. They’ve usually made their money in some other way and will waste your time and ask you to jump through a million hoops for mths on end, meanwhile somebody with the nerve has grabbed done and dusted the bucks while they do their knitting on you.
l lost a few absolute no brainers messing round with them but, that was my experience , maybe you’d have better luck.ps , if you do try that way maybe a shortcut might be to approach people that know and actually do property rather than just someone with the coin. but one catch there is they have the eye and the bucks to steal the deal if it’s any good.
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This reply was modified 8 years, 6 months ago by macc.
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This reply was modified 8 years, 6 months ago by macc.
macc
Vic
Yeah but l know an investor or developer would get that should he be the one selling but do everyday people selling their house ever except something like 100 or a k down ?
Should l try talking that over with the agent ?
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This reply was modified 8 years, 6 months ago by macc.
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This reply was modified 8 years, 6 months ago by macc.
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This reply was modified 8 years, 6 months ago by macc.
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This reply was modified 8 years, 6 months ago by macc.
macc
Vic
Haha yep l can come up with 1 dollar but what exactly do l do with it ? Put it this way what seller is gonna hold a place for a dollar down on it if that’s what you mean , l’m all ears though if there’s a way .
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This reply was modified 8 years, 6 months ago by macc.
macc
Vic
Slight problem with that one Terry you missed the part where l said l have 2 properties but no cash deposit right now.
If l had a cash deposit l’d just put in an offer and ask for 90days subject to finance , no biggie.l need a way to hold it for at least 60 preferably 90 days , when l don’t have the deposit right now.
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This reply was modified 8 years, 6 months ago by macc.
macc
Vic
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This reply was modified 8 years, 5 months ago by
