Jarra,          The country is going broke, and you beleive that house prices will rise?Debt is going to make all of us worse off, things will get worse over the next few years, everyone will be selling, over a million on the dole, government will put them all on food vouchers, things are going to get a lot worse than you all think.Do not go into debt now.

Dan42,             Lots of things contribute to an every increasing push on house prices.As IP Freely mentions above.But also, inflation gradually increases the prices and cost run up over timebigger and bigger houses and extensions all increase average prices cost of land development with government costs.wages slowly increasing mean more money…[Read more]

god_of_money,                            I can remember petrol being less than 50cents a gallon ( 4.5 litres ) , I could fill my motorbike for about $1.50. that was about 1970 I think.

Andykirby,                AHH, there maybe some truth in what Terry says, but, most people they surveyed probably did not think very hard about where their deposit was coming from.!  If they now loose $7000 from their deposit then that will have a very large effect on their capacity to borrow, thus they will have less money to buy, thus low value…[Read more]

International,                       Yes.Do I think petrol, water, power, flowers, wages, registration, insurance, etc etc – shares have increased at a greater rate than properties over time, no maintenance costs, no hassles from tenants, etc.Do I own property ? Yes. Am I rich ? Yes. Do I recommend people buy property at the moment – NO.Have a nice day.

I see problems coming, unemployment to reach 10%, its going to be a terrible few years.House prices will fall, unfortunately its a reality.

International,                       So what we do is look at all properties around Australia, we find one suburb that has capital gain, and we say this is what happens to all properties. Sign on the dotted line…………..

Internation wrote:Last year we saw properties rise at 11% even in tought circumstances, unit/apartments rose 17%. Some suburbs grew a lot more than this.What a load of crap.

undecided.                   If you want to wait for house prices to go up again…. then you better be prepared to wait a lllooonnnggg time.

Paint – yes.Also if you can instal yourself ( electrician ). Put in some fans to all roooms – they are cheap and great for summer and winter ( put them in reverse at the switch ). Also put in exhaust fans to bathrooms and kitchen – will preserve bathroom and get rid of fumes.

geoff80,              ACT – bad luck you have to pay land tax on all land for investment – no free land as in NSW and QLDPPOR – principle place of residence – it means your house you live in – according to the ATO anyway.If she only just moved out then she may not need to pay CGT depending on who owns the house you are in now etc, you can move out…[Read more]

geoff80,              First of all – why are you paying land tax? What state are you in?You are correct in your thoughts – sell your I/P if you are loosing money. You can pay off some or all of your PPOR.In the past you only needed to buy property and watch it grow, but times have changed and it is not likely to be the same for at least 10 – 2…[Read more]

How much longer is the fee's at $2500 pq ??

If its an old place, maybe it has lino ? sometimes people put the newspapers under it, and sometimes they put new lino over the old. Its exciting reading the old papers from the 1960's etc.Just a stab in the dark.

When house prices rise the heard follows. Thus when house prices start falling the heard will follow, it will go down just like they went up.As per most investors, I am watching but not buying, it's going to take longer than I thought but it will happen. Don't buy till you are going to make money on the deal.You will need to put in some cash or…[Read more]

shanematt,                    I congradulate you on doing a good job so far with your properties and asking for peoples inputs.I personally still think you are relying on property growth for the next 10 years or more to be as in the past, which I don't think is going to happen, but even if it is much less then you will still do OK as far as your…[Read more]

carlin,          I believe it is the date you sign the contract for both. But only my guess.

shanematt,                    You have been reading too many old books – forget the property doubles every 7 -10 years rubbish, that is history not the future.                   O yes and I have enough rentals to live off, but still work, could also live off equity – but why go backwards??

asx x axis is the time of day, opens at 10am closes at 4pm.Currently up today over 100 points. Lucky me.

Gordon B Gekko,                              Love your posting, you have put a lot of thought into it. ps I have just seen it for the first time.                              As you have already said – the answer is too variable. So many things change over time, you can prove anything by using past figures for different locations and times. How…[Read more]