Report the builder to dept of fair trading(NSW) or BSA (Qld) He should lose his license at the minimum. They may offer some advice about what to do. Can you force his business to go bust then claim insurance?

harb wrote:
 Trying to re-educate ummester and turn him into a property investor is very challenging but I haven't gave up on him yet. 

Lol You damn property bulls almost have my wallet out. Every forum I'm on seems to be a propbull spouting the virtues of property. Low interest rates, deductions, FHOG and govt money falling from the sky. It…[Read more]

And watch them get killed by insurances, people ripping you off, fuel, OHS and taxes. I do not charge a call out fee. But it is frustrating when a customer calls saying his roof is leaking (1hour away), only to turn out to be mold. There are only so many hours in a day to cover costs. And you often work 12-13 hour days for sometimes little pay.…[Read more]

Casper_1000 wrote:
What about all those people who have moved their money into cash because of the volatility of the share market? I read of the possibility of rates at between 2% and 3% by around Easter next year. If rates drop to that level then it would hardly be worth it.

The government wants you to spend that's the whole point.…[Read more]

hbbehrendorff wrote:
You need to see the big picture,  Interest rates should be going up to curve in spending and borrowing,  Not being lowered to try and inflate the bubble some more,  The lowered interest rates will have some very negative impacts for AustraliansMassive inflation next year,  Devalue of the dollar which will bring higher pri…[Read more]

In the 1930s, it was not obvious to people living through debt deflation that their world was coming apart. The crisis came in pulses, each followed by months of apparent normality – like today.This whole situation has  a good lag time to it. This is a slow moving beast that will nibble at the edges. What we are seeing now is all those billi…[Read more]

We are still above the previous low 7773 on the dow on 10/10/08.  So not to bad just yet depending on how it ends.

bardon wrote:
Ugly alright the sell limt is reached on futures no more sales late opening I will stay up to watch the opening bell

Meh I have no positions on atm so not to worried. Everyone in the trading world is telling me how they are cashed up and waiting. So it could be a long way down if buyers are not willing to jump in at some point.…[Read more]

devo76 wrote:
Whatever. It will pass.

After a lot of pain. US market looks like an ugly start.

hbbehrendorff wrote:
ferrari's,  jet skis,  million dollar jobs and hot nurses are also in short supply,  But I don't really see your point. especially considering there is 900 000 empty houses in Australia,  Even if there was a shortage,  If the price is to high people can always move back in with mummy.I don't really see how your form…[Read more]

hbbehrendorff wrote:
A boom ?? Are you out of your mind,  On what premiss could you bolster up such an opinion,  I've never liked Michael Yardney,  He looks evil,  Anyone who has done any study into physiognomy would probably agree with me..

Housing shortage , %yield on properties, interest rates and government intervention are some of the rea…[Read more]

I was a little suprised last night at the US market. I just hope the media do not push the fear. Fantastic time to make money though.

devo76 wrote:
.Although i did just buy a 996 ducati yesterday. Man i love this bike.

You lucky bugger, did you buy red so it would go faster. Unfortunately I had to sell my bike(not enough use), old age, nagging wife, and children catch up with you.

I think a lot of people are taking sides in either doom gloomers or positive spinners. Instead of just taking the information to make a better decision or doing your own homework. Some of the information as to the state of the rest of the world is plain wrong. However some of the advice from the same contributors may be right. We are at a point in…[Read more]

CHIS wrote:
We aren't spending billions every week on a war in IraqOur banks are the most profitable in the worldOur raw materials are being bought by the millions of tons every week………..and will be for many yearsOur population is growingImmigration is at an all time highOur country has a massive budget surplus that our government can…[Read more]

CHIS wrote:
Australia has mass immigration. All our capital cities have urban sprawl. WA is being bulldozed for housing. House prices will not plummet because their isn't enough of them. It isn't America. Interest rates came down 1% today. The sooner you get into property the sooner your life gets going. The sheep are scared. The Lions are…[Read more]

Scamp wrote:
Wake up , there's a global market crisis which WILL affect Australia and which WILL cause a housing crash in Australia and which WILL cause massive unemployment. There's no doubt about it , just blind people choosing to put their heads in the sand and hope it all goes away.We're talking DEPRESSION here, not recession. Just google…[Read more]

This is to do with massive debt and the US financial market seizing up. I would be looking at the last depression for statistics if the US can’t plug this hole. The trickle down effect of this whole mess won't be good either way. If anything cash is king and not to sound like a gold bug, but a little bullion wouldn’t hurt either.

hleung wrote:
I can't understand why some people seem to get their houses built within a reasonable time while others are getting terrible service. 

Probably the lack of skilled tradesmen ,and cowboys are filling in the gaps.For the price you get paid (as a tradie) working for some of these mobs I'm suprised the house is still standing after 7…[Read more]

Try the arab bank