I meant his book, although very informative has had the effect of greatly limiting the availability of positive cashflow deals. Thought a book on negative gearing may divert a bit of attention away, giving us more opportunites.

A highly regarded property manager up there told me that in the wet season the population of Darwin can shrink by around 20,000 people. Guess it might bring some bargains if there were forced sellers in this period. Terrible time of year to be up there though, boiling hot, and terrential rain that can last for weeks. Glad I live in NSW.

I agree with you that Spring is indeed a very active time in the market place. Do you think it can be sustained into the new year? I really don’t see interest rates rising more than 1%, and really if you can’t afford this you shouldn’t be in the game.

Indeed mini mogul. Kaye your obviously right, with regard to 30% deposit, I think in this market a little safety net is essential. If you have a 30% deposit you won’t have a problem, a number of my clients have had issues because of the fact they were trying to borrow 90%.