Scamp wrote:

APerry wrote:
"Australia doesn't have a shortage : it's got a massive oversupply."Absolute and utter garbage!

http://www.smh.com.au/news/national/sydneys-vacant-buildings/2008/05/25/1211653847174.html?page=3there you go. 120.000 empty houses in sydney alone. That's only the known ones.

Scamp have been spending too much time in…[Read more]

hb wrote:
wow , i'm gonna be richbut aren't things also go UP?using the same logicMy $50k salary today with be $2.62 million dollars a year in 2047A commodore will be worth $1.8millPetrol with be $72/litreand a loaf of bread $135something to look forward to heycheers…….with my bottle of red $20 today.,……$905 in 2047

Will a VE commdore…[Read more]

Scamp wrote:
oh my god this is the dumbest thing I have ever seen anyone done. You are food for the Ponzi scheme, it's what the whole scheme is relying on. What do you want to do man, buy a median price for 400.000 at 10% interest ?… that's 40.000 per year just paying off rent. Let me calculate it for you , in the WORST of cases ( which you…[Read more]

I'm all for, and encourage different points of view, however I think you should post once only then move on, another  post has been generated of similar content already. If you want to repeat posts on "doom and gloom" there is a forum for this and its called the global house price crash forum.  No-one will win this argument, if we do have a cr…[Read more]

Scamp wrote:
Don't worry , I know a lot more than you think about the australian housing market. People are people.

Yes , I know your goverment is corrupt and your housing minister has 14 investment properties

Yes, I know you think (wish) there's a housing shortage, but in reality there are 800.000 empty dwellings. It just shows you haven't…[Read more]

Scamp wrote:
Don't worry , I know a lot more than you think about the australian housing market. People are people. Yes , I know your goverment is corrupt and your housing minister has 14 investment propertiesYes, I know you think (wish) there's a housing shortage, but in reality there are 800.000 empty dwellings. It just shows you haven't done…[Read more]

Scamp wrote:
My harsh comment was made to grasp people's attention. It did, and I'm sorry if I offended some people. I'm sure there's smart people around here, I'm a PI myself, I'm about to sell my 'boomed out' properties in Holland where a boom at this moment is unlikely ( prices haven't boomed enough to cause people to be in massive debt ).…[Read more]

as posted on somersoft.some simple common sense research as to why prices will keep on going up, done by economists.http://www.anz.com/documents/economics/Housing%20Snapshot%20April%202008.pdf

blogs wrote:

seank wrote:
I agree Mark,Blogs no offence but you seem to be constantly posting media quotes and negative sentitment.

No offense taken mate All Im trying to do is make sure people are aware off all the information-both sides. After all, we are all here to make a quid and if we can save an extra 5% by taking note of the broader…[Read more]

L.A Aussie wrote:
I think everyone is agreeance that the market is about to/already slowing down.But it's not everywhere – there are some areas that will boom or simply keep on growing regardless of the rest of the market and what the media say. Go find those areas.We don't need more discussion about the gloom and doom. If you want to discuss it…[Read more]

blogs wrote:
http://www.theage.com.au/news/national/median-house-price-down-11000/2008/03/29/1206207499082.htmlHmmmmmm and we still have a booming economy and 'proprty shortage'…..

The very same article was posted in Somersoft, and the general feeling was…. so what? 11k price drop in median price is rather small.

there are various things you can do1. As you said give a real estate your number let them know you are serious and call before properties are listed2. sign up for email alerts on realestate.com.au ect so new listings ae emailed to you daily3. drive to all real estate agents ad leave your number with them.If you see a property put an offer in…[Read more]

hey mixedup,300k may get an older style property 3 bed 1 bath in redbank/goodna , however to get a decent brick 3/2/1 you may need closer to 350k.With a budget of 300k you will have a wider choice in Ipswich.As posted earlier good buys are snapped up within days so you will be competing with other investors.IMHO – any suburb in the Western…[Read more]

BOOTLACE interesting coments I wonder if you are even from Brisbane?Mixedup I own properties in Woodridge and Ipswich, and have not had a problem with my tennants in 5 years.Also capital growth has been quite nice According to the last API capital growth for last 12 months has beenDarra – 21.7%Ipswich – 16%Springfield – 11.3%I would reconmend any…[Read more]

no offence, but it's your first post, and it seems like a sales pitch.

Growth may not alway be assured, but no matter where we are in  "the market", there is always deals out there and money to be made. The biggest mistake, and regret I've ever made is procrastination!! "Time in the market "is better then "timing in the market"

im confident about my investment properties in brisbane, also glad i got into property not shares at the moment, although i'm seriously thinking about buying shares now There are still many bargains out there look at rocky capital growth of 30% last year and a median price still under 250k!!!

cattleya,thanks for your comments,wouldn't the same apply to the many many failed directors  (rodney alder ect)  of bankrupt companies who transfer their assests, goto jail, then after serving their sentence get chauffered back  in limos into their 10million dollar mansions. doesn't seem fair??

hi all,I have a friend who is in a similar situation unmarried but with 1 child. He seems to think if he transfers his home into a company or trust, his asset is protected?? also he told me if it came down to it, he would trnasfer his home into his parents name and have the rent go into his account?? don't know if any of this is possible or will…[Read more]

1 word – CHINA