i read in the paper a few months back that 1 million asutralians planned to buy property in 2004, now interest rates are up and sentiment may have changed ?
i am interested in who expects to buy properties in the next 12 months and how many ?
i’ll start, yes i will keep buying, i think i’ll look for undervalued properties that i can fix up (probably pay someone to do) and be sitting on a handy profit. I am not sure how many i’ll buy maybe 5 or so. i think i might even sell one or two in OZ and perhaps one or two in NZ to help finance the new additions.
regards westan
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i read in the paper a few months back that 1 million asutralians planned to buy property in 2004, now interest rates are up and sentiment may have changed ?
i am interested in who expects to buy properties in the next 12 months and how many ?
Well that’s 10 out of your 1 million. Not many more needed now!
We’ll definately be buying at least one more this year, however this will be a very busy year for us, as we’ve now got an 8 week old baby[:p], and we will be concentrating on running and developing our businesses.
But one more for sure. Don’t know where yet. Depends how much we decide to spend.
We have just made one purchase in the last couple of weeks and will be planning for at least one more purchase later in the year. I am starting the research now and waiting for my husbands graturity to be paid out and we will be on a roll.
Just finished cooling off on first purchase for the year and have several more in sight. Set my target of 5 this year and hopefully will pass this if the bank has faith. Looking for the illusive cf+ with no vacancy problems and may have found a patch. Close to Sydney CBD. lol.