I buy it from the newsstand for the stats, mainly. I guess it’s also good for the “pep talk” factor, but serial case studies (the bulk of the articles) do little for me.

It’s been a while since I read the book, but I think Steve’s logic centres around flexibility to be able to dispose of properties when it is appropriate to do so.

Just a couple in good spots – are +CF.

You know what, Chan$, I don’t think I will be giving an honest answer to this one.

Don’t play peacemaker! It would be too boring!

Very good call, Chan$. I never thought I would say that. Touche.

Thanks, Celivia. Someone finally says what I’ve been keeping on ice for so long.

Thanks for clearing that up, Chan. I just didn’t think you could be so profound twice in one day!

Pisces will be very disappointed that the subject header was just a ruse!

I subscribe to the theory that minimises the eggs in one basket. Technology (and cheap flights) make proximity to home a non-issue for me.

Let’s make this fair.

Pisces, what do you do to pay the bills?

I paid $550 about a year ago.

Chan$ – your post above is identical to that on another thread.

Do you have generic posts saved?!

Chan$ – You enjoyed the joke or are you saying you’re a mathematician?

There’s something fishy about Chan$. You can’t use things like “$” signs in your handle… But Chan$ did. Hmmm…

(Of course this could be due to site upgrades but that doesn’t fit the conspiracy).

First IP was in Launceston, Tas in December 2002 (yep – I’m a newbie!). Bought for $142K rented for $210K. It’s worth somewhere around $190K – $200K now (I got in on the up).

I’m actually trying to work out whether I should sell as I’m unlikely to see this kind of gain in the near future (Launceston had about 10 years of flat “growth” from around…[Read more]

Quite an achievement Chan$. You must be proud of how you have touched our lives.

There is a difference between opinion and action.

I think the least one can do is smile. I lead by example.

Kay,

As someone who lives in the regions specified in the article you mention, I have witnessed prices in my area jump heavily around the time that the First Homebuyers Grant was in its prime.

If could be a co-incidence, but I put the spike down to the injection of funds (and increase in affordability) brought in by the grant. The areas this…[Read more]