emptyvessel wrote:
Small adjustment in perception for you my learned bear;My reference to "black hat" was the Edward De Bono type described in "Six Thinking Hats"; http://en.wikipedia.org/wiki/Six_Thinking_Hats#Black_hat_.E2.80.93_Being_CautiousI have a tendency to wear the blue and green hats by nature. When I am "down" I tend to wear the…[Read more]

Inspiring Post

Love Buffet,

Blew my mind though that a pretty standard Buffet trait of buying something just after a massive correction/deflation, (US housing in this case) could be read as opportunities in the Australian housing market.

No doubt there are always opportunities if one does the research, knows the right people and looks hard enough. But is that…[Read more]

If I had kids and was looking to provide them some stability I would be looking for a house to buy close to good schools and public transport.

But at the moment I am under30 and looking to travel via working and volunteering as much as possible, and will continue to do this while I can still get temporary work visas with ease. That’s why I like…[Read more]

Good to see you are thinking and are definitely on the right track. What you have to do now is a bit of research on house price movements and then speculate.

If you decide the prices will go up in comparison to your alternative investment then you would buy.
If you decide the prices will go side ways in and your other investment will go up, then…[Read more]

To add some positive comments to the forum rather than just constant negative ones, and in an attempt to shed further light on my investing attitudes I will share an investment I have recently made.

I am now the owner of Paladin Energy (PDN.ASX), great depth can be taken in researching stocks and can be quite daunting if you know nothing about…[Read more]

Read the book a while ago, great book.

But it doesn’t encourage blind optimism in the market, and ridicules concepts such as dollar cost averaging. It encourages research and accessing the knowledge of professionals.

So one could easily with the rich dad attitude choose not to invest in RE at the moment.

Are you willing to Change a Winning…[Read more]

Matt,How are your views received at your workplace? If this does happen I hope Australia learns off Ireland and does not back the banks, but rather sets up its own bank or starts selling bonds to fund the drastic stimulus that will be required… Hopefully in infrastructure and not Harvey Norman.

A lot of depth in your response fWord thank you.At the end of the day the reason why I joined this forum is not to say Property Investing is wrong or doomed, as I have been perusing it for a few years. It was to give a genY perspective rather than let the belief flourish that we are all lazy whiners looking for spiteful lazy gains.At the end of…[Read more]

I feel this forum has a real us vs them attitude. "Us" the financially responsible, hard working property investors vs "Them" the lazy, free loading, whining have nots.The point I was trying to make is maybe a lot of the "Them" are hard working and financially responsible but choose to invest elsewhere.Of course property is a solid investment for…[Read more]

cuteyoungchic wrote:
Does anyone know the % of negatively geared investment properties, compared to those without negative gearing?

Also another interesting question, does anyone know what other countries have similar policies?

I can't really comment because I don't know anything about what happened in the 1980s.But hypothetically there is a mass exodus by landlords as a result > housing prices fall (Win) > government buys up cheap housing > government gets passive income (Win) > prices eventually go up > government sells them for a profit. (Win. Kinda like what the US…[Read more]

As a young GenY professional that thinks the Get Up campaign is great. Let me put forth a few provocative responses. I am not in the property industry so please critique my logic below as I wouldn't be surprised if it is not entirely accurate or representative.@fWord – There is more to buying houses than just supply and demand, there is also…[Read more]

I signed up specifically just to comment on this after perusing these forums off and on over the past years.I don't think a lot of you bulls understand the current mindset of the Professional Gen Y, I'm 23 recent graduate engineer and between me and my partner we net about 80k pa and that could easily double over the next 5 years if the hard yards…[Read more]