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  • Profile photo of slowachieverslowachiever
    Participant
    @slowachiever
    Join Date: 2006
    Post Count: 34
    December 11, 2007 - 11:51 am

    Good onya , 
                 Commercial  I. P 's are great , less stress to look after it , GST is returned to you when you do BAS . claim form , from the
               purchase and from rents and expenses later on .
              Also Comm bank would not let me use residential IP for security on commercial purchase and vice versa.They allowed a 
              temporary short term small  LOC on the residence to assist with settlement etc.

           All the best .

    Profile photo of slowachieverslowachiever
    Participant
    @slowachiever
    Join Date: 2006
    Post Count: 34
    August 12, 2007 - 12:15 pm 
    Hi neilvs , 
    I think it also matters in which state you live,in W.A the resource
      boom is still hungry for employees , higher paid people can afford 
      more. 
      Instead of banking or investing their hard earned dollars , many 
      are out spending ; a better home , filled immediately with 
      everything new .
      Therefore demand pushing prices ( and inflation) higher.
      The resouces industry seems to be an endless pit at the moment .
      Which in turn makes things very difficult for someone not on these
      higher incomes.
       Yes I think you are probably right to say a combination of things 
        causing the current state of affairs.
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