I found that RE return above 9% makes it feasible to purchase and hold. At this level, property just above brake even (mid therm, 12 months to 5 years).
Once I find one, all other aspects considered, including mid/very long therm.
As per original question, $20 PW or $100PR is irrelevant. It's depending on size of the investment and the…[Read more]
I just came back from Qatar after spending another week there. Unless it tickle your fancy, it's is not a pleasant place to leave. In the way, that lifestatyle is very different. I am not talking about 38C winter temperatures but outside world instead. All life is really indoors. Go out, and its sand and concrete.
On the positive note, crime is…[Read more]
I travel a bit due to work/business.
Generally speaking Australia's RE is still doing it OK.
Dubai, RE prices doubled over last two years (again), after drop out in 2008.
Qatar, RE very strong, but you cannot buy it. Only rent.
China, RE vend slightly down, then up and now flat. That is over last 2 years.
Malaysia, RE stagnated at very high price…[Read more]
Freckle VS bardon
Guys for outside observer, I think you are talking apples to oranges
Freckle is focused on short term probability while bardon on mid to long term.
I actually agree with both While we may have fallout/recession/depression/what have you induced by primary or secondary factors, mid/long term Australia is still going to be…[Read more]
bardon have a point, disregarding future projections and areas of tention that may/may not let go: Australia is in deed in the nice position at the moment as the whole country.
There was only hand full of true dedicated leaders in the human history that done what was good to the country, not for personal interests.
I would not keep my hopes up that next political leader in Australian will be one of them once again. I think statistical chances are well below 1%.
We are all selfish, that is how we naturally born. I would…[Read more]
bardon, while I agree with you on the trends and potential I am extremely cautious on outcome. Having best race car in the race do not guarantee a WIN, only improves your chances.
I lived thru 1990 in Poland, 1992 Russia and few other, and while those countries had enormous natural resources and stashed away gold and other assets, they failed…[Read more]
To have an idea of the 'trend' you need something like 12 months with a sample size of a quoter. If someone can extract meaningful data from smaller sample in RE, I take my hat off.
Thinking of risk, it can be greatly reduced by experience and knowledge.
So, with enough experience and knowledge, you will have your low risk environment for high yielding proposition.
This can be one of the variations of the answer to your question. Enjoy the journey!
bardon wrote:
As for China, not that I think it is going to stop growing, a smaller growth % on a growing economy can be growth % the same as a higher growth % on the previously smaller economy.
Have to read it few times to extract the meaning
All I have to say, is when you travel to China every year and compare changes you see, you will…[Read more]
Noob, I would agree with you. Businesses, especially manufacturing sector is muscle and a bone of any sustainable economy. But, strangely enough, government drive more and more businesses to outsource. To many regulations, to expensive to comply. So much easier to arrange for “call centre” in India than to hire small army of employees in…[Read more]
jeromejf wrote:
Majority of the views expressed over here are pretty pessimistic and i can see the reasons why which make sense, but sometimes the battle is won by the person who sees things differently. I am not saying i am that person. But what makes me think the property valuations can rise and the sector will pick up is a couple of…[Read more]
I am in Brisbane. Good start is to find property agent that is like minded to what you are trying to do. They normally buyers agents, charging you fee for finding what you want. Some actually also can rent the places out for you as they run small businesses not to different to your usual Real Estate agent.The catch of the whole set up, is to know…[Read more]