I remember apartments in Dandenong yielding 10-11%

Houses, depending on area etc, from 5-8%…melbourne metro area, which is where I was living at the time.

Cheers

Derek,

The community doesn’t often get a chance to show our appreciation for what you guys do.

Also never realised Salvos and SES were involved in an operation like this. Makes me wonder what able bodied men like me are doing sitting around while men and women like you put their lives on the line.

So please pass this on to your…[Read more]

PK,

A neighbor, was speaking to one of the chaps who had just come from the front line.

His comment- “Yeah, we have it contained …for the moment. Don’t unpack your car yet!”

Thanks for the thoughts ladies.

The fireys are doing a sterling job and have the fire contained ATM.

Three cheers for the fireys!!!!!

Wayne

Originally posted by ANUBIS:
In Perth I’d want half the city for 825k!!!!

LOL You wouldn’t get it.

Perhaps a trendy pad in East Perth overlooking the drain?…

My view is that the cycle will take longer to play out.

i.e. the pendulum has only just started to swing the other way.

Cheers

It was a good lark in certain ares 5 years ago…too many available now.

Originally posted by aussierogue:
Michael – unfortunatley my company means the company i work for LOL. have bonus time coming up (chinese new year)…which is pretty generous. my job is salary based but the bonus’s are good in the GOOD years..

Wes – the economists i listen to are industry econmists. those more specialised in certain trades. i…[Read more]

I think what most of us property bears are trying to say is this:

Buy property when it is reasonable value.

At the moment, residential property represents the poorest value since the mid 1920’s and is likely the regress to the mean value…perhaps, hopefully, overshooting it.

There are some clever people creating value out of situations, even…[Read more]

It seems that most people form their opinions about things economic;

1/ based on the near past…say last 10 years, or

2/ based on what they hope will happen

For instance the comment “property willcontinue to give great growth and security” in the absense of any rationale, seems to be based upon either 1/ or 2/, or both.

It is “possible” that…[Read more]

Toby,

I’m by no stretch of the imagination an expert, but, do be careful on the type of area you by in….the type of areas where there are 35k tend to be as rough as a pigs breakfast.

$+ve IF you can get the rent.

Cheers

Before and after satellite photos:

http://homepage.mac.com/demark/tsunami/2.html

If you haven’t grasped the actual scale of destruction, have a look.

Earth Still ‘Ringing Like A Bell’
The Economic Times – India
1-10-5

MELBOURNE (Reuters) — Two weeks on, the earth is still vibrating from the massive undersea earthquake off Indonesia that triggered the tsunami, Australian researchers said on Sunday.

The Australian National University (ANU) said the reverberations were similar in form to the…[Read more]

<<<Hmm.. I shouldn’t be telling you this… I love my town… I want it all for ME!!! Ahaaaa!!! (Wicked laugh…)>>>

Shhhhhhhhh! They’ll all come and spoil it!!

Originally posted by gmh454:
Agree that human nature drives the economy. I think supply and demand is too simplistic.

A Russian economist, can’t remember his name came out with a theory in the 1920’s that there is a lifetime cycle (around 70 years for major crashes) and it has mini cycles within each macro cycle.

All cycles were based on human…[Read more]

Originally posted by Scremin:
Don’t worry Sonja, I forgot to post all my thingy too.

I’m a Minstrel!! A dreamer! Apparently I am the optimist of the Kingdom looking for the silver lining in any bad situation.

The Minstrel is not only optimistic, but charismatic, charming and extremely gorgeous!(Hee hee… that’s my take of it…)

Interesting…[Read more]

[shocked][angry2][cry]

Leading Geologist Gave
Repeated Quake/Tsunami Warnings
BBy Jonathan Leake
Times Online.co.uk
1-4-5

A leading geologist repeatedly warned Indonesian officials that an earthquake and tsunami would soon strike their shores, it emerged this weekend.

Kerry Sieh, professor of geology at California Institute of Technology, has…[Read more]

All true!

But when you stop and think, it is “mostly” us over 35’ers that are creating the current conditions by spoiling our children rotten.

We’ve created the cult of child worship are intilling an attitude of fear and blame.

I wonder why that is?

<<I take back the Shares Section request. It will cause too many arguments.>>

Shares forums do need strong moderation.

That little debate between us was mild compared to some I’ve seen…ESPECIALLY where options are concerned. LOL

Anyway I think between us, we’ve probably seen to it that it never happens….oooops!

Cheers

Originally posted by The Mortgage Adviser:
I was referring to one person in particular. And I do not hold grudges. I am going to delete a few of my posts so no-one else gets into it. I hope you do the same.

Cheers.

http://www.mortgagepackaging.com.au

Agreed, deleted some posts as well.

<<what are my options?>>

Hehe, that gave me a…[Read more]