ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
blogs wrote:
Mister there are so many things wrog with what you have said I dont know where to start. Not very bright are you….It's the voice of the average people Blogs – bright or not they have had it with where capitalism has taken Australia.
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
If unemployment rises too much migration influx will be adjusted.Rudd can't change all of Howards implementations immediately.
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
Mister wrote:
Here's a strange one.Why is the ANZ boss – might have been NAB , I mean who listens to banks but – predicting the mother of all booms coming right now in a report yesterday ?Especially considering they are suppose to be resetting fixed rates in a few wks time !CheersA cynic would answer – to grab some more customers befor…[Read more]
ummester replied to the topic property boom or not??? in the forum General Property 16 years, 3 months ago
Mackar,You have started a thread that can be responded to with nothing but conjecture and opinion, what did you expect?No one knows – reason I came to this forum was I thought someone might but truth is no-one does. It is all just opinion based on how much they have invested in the situation either way. Even the banks and experts cant agree.If…[Read more]
ummester replied to the topic Interest Rates Will Fall in the forum Help Needed! 16 years, 3 months ago
tuggerwaugh wrote:
hey scamp…by the sounds of it as soon as interests rates do go down you will have no credibility left on here at all…you might just have to retire to that deep dark hole where you come up with all these dark predictions….good luck with thatBut what if he's right? Will everyone else retire?Sometimes he is a bit harsh…[Read more]
ummester replied to the topic property boom or not??? in the forum General Property 16 years, 3 months ago
yarpos wrote:
not really, its consistent with you other posts , I just thought you had something else to sayNOT:)
ummester replied to the topic property boom or not??? in the forum General Property 16 years, 3 months ago
yarpos wrote:
ummester wrote:
yarpos wrote:
ummester wrote:
NOTthanks for that valuable contribution, what were you not-ing about?
Yarpos, where is your literal undertanding. The thread was entitled property boom or not. My answer was quite clear.
thanks for the clarification, just thought you may have something to add….thought i…[Read more]
ummester replied to the topic property boom or not??? in the forum General Property 16 years, 3 months ago
yarpos wrote:
ummester wrote:
NOTthanks for that valuable contribution, what were you not-ing about?
Yarpos, where is your literal undertanding. The thread was entitled property boom or not. My answer was quite clear.
ummester replied to the topic property boom or not??? in the forum General Property 16 years, 3 months ago
NOT
ummester replied to the topic Interest Rates Will Fall in the forum Help Needed! 16 years, 3 months ago
Here is an article on the (almost) 900000 empty houses.http://www.hotspotting.com.au/index.php?act=viewArticle&productId=351Methinks they have mostly been purchased for capital gains (over the past 5 years) but as that is no longer a reality will all find there way back to either the rental market or for sale soon. In some rare cases, the owners…[Read more]
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
ErikH wrote:
Ummester, I don't think Australia is anywhere near in bad a shape as the US, it never was an Empire and never got itself into such a (financial) mess as the US did, but I think you're right in that Australia will stumble a bit as the US continues it's fall downwards. But I don't believe it will be more than a stumble as long as…[Read more]ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
Well, if it comes to war I am glad that I am too old to be drafted and my boys are too young. I just hope it is over by the time my boys are teenagers. I will not fight for other idiots political and economic mistakes and I hope my offspring never have to.I actually think the powers that be will have a hard time getting the Western World to go to…[Read more]
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
You know all of this Doom and Gloom and future political posturing is nice (I subscribe to some of it myself (yes, I have seen Loose Change, The Power of Nightmares and Zietgiest)) but this is a forum for Australian property prices and they are going down. They have too, for all of our wellbeings.The oil may dry up (probably will), America (as I…[Read more]
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
ErikH wrote:
Ormeau – I'm with crashy, your post is out of place and actually pretty low on facts and sound reasoning. One of the biggest empires of all times, the Roman Empire, did not fall apart due to depletion of local resources, but their decline was much more related to a decline in morals and increasing greed and corruption. I found &…[Read more]ummester replied to the topic How do people “know” what the market is going to do? in the forum General Property 16 years, 3 months ago
harb wrote:
You can't be forced to subsidize your tenant, not even by a tribunal. If negative gearing is gone the tenant will have to make up for it. Based on a 350K loan and median house prices then a 4x rental increase is probably very close to a fair increase in rent. Which is exactly why negative gearing is here to stay.No, but only the…[Read more]
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
devo76 wrote:
I think most people agree that the growth many have enjoyed will not continue. Now its about building buffers ,sitting tight and if you are in the position to buy and want to. Then bargain hard.Many points argued at the moment are neither here nor there. Yes things will slow or go backwards. But if you are prepared then who cares.…[Read more]ummester replied to the topic Interest Rates Will Fall in the forum Help Needed! 16 years, 3 months ago
devo76 wrote:
I will have to tell all the people in my local area looking for good accomodation that its all in there head. Im sure they will have some choice words to say backI think that anyone looking to either buy or rent right now is still going to get shafted. If they can't wait or live with a relative or friend to ride it out they will…[Read more]
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
blogs wrote:
Bwahahaahahaha this would have to win 'Internet Tough Guy' of the month competition by far!!!! Real professinal chump-what are you in grade six at school? lol how about I meet you behind the shelter shed and we'll work this out like men. Bwhahahahaahah and you expect people to pay for your advice bwhahahahahaa Im wiping away the…[Read more]ummester replied to the topic Property and how many in the forum Help Needed! 16 years, 3 months ago
Qlds007 wrote:
C but it not about the numbers.What's it about then?
ummester replied to the topic Best advice : Don’t invest into property : The australian market is CRASHING. in the forum Help Needed! 16 years, 3 months ago
yarpos wrote:
1. you can use paid for services to get this information, but you may get some idea of sale prices via http://www.domain.com.au/public/apm/saleshistory/default.aspx?mode=research2. conventional wisdom was that roughly 1/3 is owned, 1/3 under finance and 1/3 being rented. I havent however seen a credible source of data to ve…[Read more]- Load More