sciencesurf replied to the topic Property bust not here yet … worse to come in the forum General Property 10 years, 8 months ago
Freckle wrote:
Well that's funny.. I must have a comprehension problem then. When leading investors on this board, some with multi million dollar portfolios, say they are paying down debt I must be be misinterpreting their intentions. Pray tell what the hell are they doing then when standard investing mantra is to use leveraged to the gills…[Read more]
sciencesurf replied to the topic Property bust not here yet … worse to come in the forum General Property 10 years, 8 months ago
Freckle wrote:
If the newbies here get their head out of their guru training manuals for a minute and take a look around they'll find that just about every top tier property investor is deleveraging as fast as they can
This is a MAJOR assumption and simply not true.. Get outside and take a breath of fresh air.
The other day you stated it…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 10 years, 9 months ago
Freckle wrote:
I can't exclude myself from this group totally as I have been guilty of being the fool in earlier days and am not yet rid of the odd foolish impulse.
Nice to see some humility
I am far from understanding the complexities of investing. I guess only experience, exposure and a bucket load of reading will change that..…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 10 years, 9 months ago
Cheers for your comments Nigel. I tend to agree on Brisbane. It's a market that is plodding along nicely but gaining investment popularity very qiuckly. Nice to have an ally too!
As for Freckles comments….
My investment decisions have not been made lightly. I have spent the last few years soaking up information from all sources, both positive…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 10 years, 9 months ago
Freckle,
I was initially quite annoyed with your passive aggressive comments asking me to back up my opinions. I have been regularly reading this forum for a year now, and love the content – including your extreme views on just about everything. I especially liked your claims of robots taking over the workforce, with the included picture of a…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 10 years, 9 months ago
"All other capital cities are likely to do better than last year. The best performer in Australia is likely to be Brisbane and Queensland markets in general. Queensland’s diverse economy is beginning to move forward. Further, the reducing value of the Australia dollar will help the tourist industry in this market, which will in turn provide…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 10 years, 9 months ago
Thanks for your comments Freckle. I was wondering if you were going to throw in your two cents.
I am well aware of your views on the worldwide economic climate. It is interesting though to note that the figure you have posted hardly strays away from a 20 year historical fluctuation in average employment growth/decline. Far from supporting your…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 10 years, 9 months ago
Update:
The rental situation is as tight as it gets up here at the moment. The lack of new house construction over the past 5 years has lead to a severe shortage on the market. With over 10,000 new jobs created over the past year within the Sunshine Coast region the demand cannot keep up with supply. And it's only set to increase with…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 11 years ago
Brisbane vacancy rate on the increase, but still low. This is especially true in the CBD where there seems to be an influx of new higher end…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 11 years ago
Thanks for your comment Richard.
It's certainly interesting to see the same trends flowing into Brissy. There was a lot of talk of excess construction of inner city apartments in Brisbane, though it seems to be meeting demand nicely.
I'm interested to know your thoughts on the future of the SE Qld property market. I regularly read your comments…[Read more]
sciencesurf replied to the topic Lowest Vacancy Rate in the State – Sunshine Coast in the forum General Property 11 years ago
Its an interesting scenario at present..
Vacancy rates have had a lot of volatility in the last 6 months, but a trend seems to be developing in the downward direction. Net migration onto the coast has actually declined compared to historical standards, but that too seems to be reversing as well. Vacancy rates were at 2.3% this time last…[Read more]