Better than gold, can be only SILVER Problem is you need a trailer to move it around, bloody heavy in significant QTY's.

An chance to buy house with 50% discount anyone?

In 2006 this thread was started as a early warning. We discussed unbalances what where believed to cause RE prices to decline. Time frames where guessed by few, and manipulated by government interventions. Overall this thread was on the money, nice and early to. Scale and time frames are not possible to guess accurately, getting the trend right…[Read more]

Free bump!

EPI_Den, it appears to me that property market is getting saturated at this stage. Even RP data that is usually very late, indicates now that there is an steady increase of supply due to less buyers.  So this makes one to think if it's worth waiting to see what will happen 2011-2012. I live in Brisbane, few people I know invest in RE, few try to…[Read more]

That was optimistic Property valuation in fiat currency is very misleading. Rate property growth in ratios like minimal wage or your yearly grocery bill or barrels of oil or gold/silver. Those provide more accurate gauge over the mid/long term. Fiat currency is manipulated fairly aggressively, therefore saying "property doubled in 10 years" means…[Read more]

WOW, only took us 5 years!!! Post started 2006 and it's finally oficial. I gues if you wait long enogh thinks will come to you.RP DATAFull ReadEarlier this month, the Western Australian (WA) Chamber of Commerce noted that the WA economy had fallen into technical recession, experiencing two successive quarters of negative economic growth in the…[Read more]

Johnwilly1000 wrote:
Hi does anyone else feel this. I for one starting too feel like selling up my investment and just paying off my own home. No stress no worries simple life. Nothing seems to b happening in the market. My ip is in brisbane for last 2-3 years. Maybe the time has passed. Only time was near 2000-2006 and now that's all gone…[Read more]

free BUMP.CBA report on house prices: http://globalmarketsresearch.commbank.com.au/ReportWeb/7387f50f-1364-4763-adc5-4d9104f80212/23-Feb-2011-1545-1.pdf?t=%252f6tbv2F%252fwXJAPkxfFsJttZtuzM3QoirKE5aXKpcVPyk%253dSource: http://www.unconventionaleconomist.com/2011/02/cba-housing-report-gets-balance-right.html

Spent few years in Alex Hills, it is a working class suburb (or was in 2005). Have not seen unemployed people, mainly trades people. You will note that it can be somewhat noisy over weekends as all are handyman type, making something on weekends, working on cars, drinking beer and cocking BBQ's. Overall friendly place to live. There are few areas…[Read more]

fWord, if my memory serve me right, in US rent dictated by goverment body. You canot charge 'as you wish' like we do in Australia.So, you may have many people wanting to rent but, it may not nesesarly drive rent prices up.Anuone here with more inside info of rent reculation in US to confirm?

A SENIOR Treasury official has sounded the alarm over Australia's property market. He has warned that the prospect of a sudden and dramatic drop in prices is "the elephant in the room" and should not be ignored by the federal government.http://www.unconventionaleconomist.com/2010/11/australian-treasury-calls-housing.html

Hi Guys, anyone have any data on how we tracking with RE last two weeks? I have been away…Side thought: If Asussie goverment start printing currency like mad, we may not actually see RE crash as currency devaluate faster Anyhow, RE is becoming attaractivly chaper since 2005 if you play gold/silver VS RE game. Same use this tool to create major…[Read more]

gronk007, do you think that your grocery bill only goes up 3% PA? My expense sheets indicate utility, grocery, vehicle, rates and few other expenses rise far beyond 3% officially stated. More on topic TOP 10 Most expensive Cities to live…[Read more]

More on this topic: http://www.news.com.au/money/property/super-saturday-1700-homes-on-the-block/story-e6frfmd0-1225942475935With inflation at the moment at 6-7%, house prices need to keep rising minimum of the same percantege not to loose value in real terms.

Interesting that in Manly, Brisbane we have so many houses coming on for sale in last 6 months that you can buy in to ANY street you want and still have a choice of few.90% of the properties been for sale for few months, market around here in not liquid anymore, use to sell in 2 weeks.

We see same situation totally different obviously based on our education and experience. So we shall keep this thread 'life' and  see how it will develop.  I have no need to prove anyone right or wrong, just checking if my view of finance is still valid by trying to foresee future.As I side note, we got 50 people  full time working in our ma…[Read more]

DWolfe, your points are valid, but on the other hand we have gravity of reality that general public cannot stand futher price rises in RE. Wage to House Price ration is way out, it must return to 'normal' trend at some point…1995 when I came to OZ, min wage in our industry was $10, now it's $20. Houses went from $145K to $500K on the same…[Read more]

http://www.news.com.au/money/property/house-prices-dip-and-will-fall-further/story-e6frfmd0-1225932622360Seems like FHOG stemulus effect started to wear off. We need few more IR hikes and Austalian RE will follow USA trend.Interesting that AU lags 3-4 years behing US…

Dwolfe, I agree that market is not black and white and money to be made in some pockets by those who in the know. Just trying to stay on the topick of this thread.BTW, anyone seen W4L around those days? Long time no comments, probably busy with some projects…