realestateedu replied to the topic Property bust not here yet … worse to come in the forum General Property 13 years, 2 months ago
I really think it comes back to the times earning ratio ???
In the 80s a house cost 3/4 times earnings today it is 8/10 times earnings.
Forget about all the ratios and all the history and all the what ever … it is not rocket science here … it is basic maths
Steve and Dave started this site on mathamitics … investment is mathematics ……[Read more]
realestateedu replied to the topic Property bust not here yet … worse to come in the forum General Property 13 years, 3 months ago
In the old days the best investments were within 7km from the CBD of any city.Peter Spann was a huge advocate of this and he was one of the first property gurus b4 Steve and Dave 0 – 130As Kiyosaki says it is all about cash flow … growth is a bonus but cash flow is king.Always remember the rule of 724 me I would always trust a one bedroom unit…[Read more]
realestateedu replied to the topic How much worse can it get? in the forum General Property 13 years, 3 months ago
I find some interesting daily updates on http://www.goldsilver.com regarding the U.S FYI Always lots of differing opinions but the fact still remains that printing more cash is not the long term solution.There will need to a partial bring back of the gold standard in some form to settle currencies and create consumer stabilityIMHO
realestateedu replied to the topic Property bust not here yet … worse to come in the forum I’d hate to be a banker in 13 years, 3 months ago
I'd hate to be a banker in this market … what about a valuer ??
realestateedu replied to the topic Property bust not here yet … worse to come in the forum Great and very long thread 13 years, 3 months ago
Great and very long thread … so where are we now with the down grade to AA+ … bright future or challenges ahead??