crashy wrote:
we are full time renovators & have decided to pull out & wait till prices fall at least 20%its just not worth the risk right now.when the fit hits the shan, it doesnt matter what you drop your ask price to, if theres no buyers, it doesnt sell.

Thanks crashy – exactly the feedback I was after – opposite to what I was hoping but -…[Read more]

PSThe other option is quick paint up right now and onto market for Spring summer – could do so much more with them though and make much better money if finished the job so would be a shame but that will take a few more mths ?Get the feeling though maybe better getting out while the gettins good !Cheers

Mister wrote:
Hi guys I'm hoping to get…[Read more]

blogs wrote:

ummester wrote:

Mister wrote:
I can guarantee you one thing – I can spell wrog !

I am not a nasty person – honestly…. but that is frakin' hilarious!!!

Wow you must be easily ammused? In that case what I have just posted will have you wetting your pants…..

Oh Bloged – get some rest man get some rest .Cheers

ummester wrote:

Mister wrote:
Here's a strange one.Cheers

A cynic would answer – to grab some more customers before they put up interest rates again.An optimist would answer – because he is trying to save the market.

Why thank you ummester .Nice to hear someone doesn't mind lowering themselves to give an opinion to the likes of me , I'm not…[Read more]

blogs wrote:

Mister wrote:

Mister wrote:
Here's a strange one.Why is the ANZ boss – might have been NAB , I mean who listens to banks but – predicting the mother of all booms coming right now in a report yesterday ?Especially considering they are suppose to be resetting fixed rates in a few wks time !Cheers

Ahh , cheers

Mister there are so…[Read more]

Mister wrote:
Here's a strange one.Why is the ANZ boss – might have been NAB , I mean who listens to banks but – predicting the mother of all booms coming right now in a report yesterday ?Especially considering they are suppose to be resetting fixed rates in a few wks time !Cheers

Another thing , actually two that I don't get.They're…[Read more]

Here's a strange one.Why is the ANZ boss – might have been NAB ,  I mean who listens to  banks  but –  predicting the mother of all booms coming right now in a report yesterday ?Especially considering they are suppose to be resetting fixed rates in a few wks  time  !Cheers

Thanks for going to all that trouble scamp.I've said for years these house prices and our cost of living are unhealthy but when people push me on it I find it hard to actually explain just why but you know it is and can't go on . As someone said here earlier though , who says house prices have to be 3 or 4 x the av wage ? Well, the economy and…[Read more]

Hang on , missed that 30,000 per mth reset thing – is this fact , do we have the report . That in no uncertain terms would be a very serious situation . There are lots of money people here how is it no one has brought this up ?Wouldn't the banks realize they'd only be cutting their own throats and space it out more sensibly  ? So is this the…[Read more]

Hi Scamp.Now I don't wanna be any more of a downer than what I have sounded already and that wasn't my intension . I actually believe that people will be able to set themselves up for life with property again , if they wait 18mths or more myself , I'm waiting for then to buy my daughters house . She's 7 that one so the way I see it she'll have…[Read more]

What about the BHP boss . Only 45 and running that place , pretty amazing really .Is that guy sharp or what , one of these rare people where it wouldn't matter if he was standing on his head , the intelligence , the strategy all over that guy  is just staring you in the face  ! If I could have one thing changed I'd order a super brain !Cheers

longterminvestor wrote:
ScampThank god someone knows something about investing.I agree with you entirely, being a professional investor myself.Unfortunately, as people have short term memories, people buy investments based on emotion on what has been doing well. This means they are buying high. All investors should know the basic principal of…[Read more]

yarpos wrote:
Hi MisterYou paint a fairly bleak picture. Where do you think its substantially better than here? we live in a western commercially oriented democracy, so greed or the profit motive is a big part of that.Re your question yes I want my kids to have a life and my 20 somethings are buying homes and getting on with life in their own…[Read more]

Personally I feel land with somem on it can't be beat compared land only ,  stats show same but – try telling that to multi millionaire farmers around now I guess. I know two myself .But something on it does make more sense as rent pays for it , you pay nothing if you buy right and hold it for free – forever . Probably start making money out of…[Read more]

Actually I reckon 40 % if you can , with a min' 100% plus earning potential or in future equity that way if it really hits the fan it will still be good for costs plus 30 or 40 and hopefully the old butt is covered .  I have one on the boil now , still nervous though !.Cheers

yarpos wrote:
bias is shown here in both directions, +ve and -ve, there are some here that preach gloom and doom and seem to rejoice in that and the pain of others…….like the "enjoy" comment when posting a -ve article. Its easy to do a search on posts by individuals, when you do that its fairly easy to see who is trying to help others…[Read more]

I've tried to track them down too .As someone said in US very common you don't even  have to track but true to form – not good enough for Australia .I did hear a few times too that ours don't even really go any cheaper anyway unless you get lucky or have contacts because again in true to form , here they prepare them all properly and stuff about…[Read more]

Personally I don't think we'd need to be a rocket scientist on this one in Australia .We have close to the dearest houses in the world for what you get, hell we have very close to the dearest everything in the world we get ripped off left right and center to be honest . Even interest rates.I've been saying for two yrs now though our house prices…[Read more]