alani wrote:
so when will the boom begin?

2015 with average to no growth befor that.

I am concerned. I have funds to purchase another 2 properties but i am waiting to see what happens.If things only drop of a little then flatline a bit well then i feel confident enough to buy in my preferred area.If they drop a lot well then i have a low LVR that will still be ok and i will start to look and buy when i think it is close to…[Read more]

I actually agree with both posts above. I believe you should give property a miss for the next 6 months,that should be long enough to work out future direction. I dont believe the new grant will make much of a difference. It inflated prices before but that was from a lower base.I myself have no shares apart from the ones my employer gives me each…[Read more]

For every hit there is a miss. Not just you but others like you. Interest rates will hit 10% plus. Fuel will hit $2.50 plus blah blah blah. All wrong plus there is a lot more.For every bit of news that supports your belief there is another that supports the opposite.I actually take some stuff from your post. You do show the other side of the…[Read more]

hbbehrendorff wrote:

wian wrote:
it amazes me the scare tactics the media and others go on about, painting all this doom and gloom rubbish.  the fact is , no one knows whats going to happen.  and i would think that once it all settles down, i am sure the prices will correct themselves a bit, but they wont crash.  If anything, people will pu…[Read more]

So many armchair experts on these forums lately its getting funny. Things be it property shares or climate can go so many ways and there are endless studies and news articals supporting all of them. Someone gets brainwashed into believing one POSSIBLE outcome then off they go. Trying to ram it down everyones throught and if they dont take it as…[Read more]

I would wait another six months personally just to find out if and by how much properties may drop. During that six months( It will pass quickly) Do a lot of reasearch on your desired area. Go to open houses and auctions and get a feel for what is actually happening. If you find a desirable place throw in a low ball offer that would reflect any…[Read more]

But remember the moment a FHB actually owns a house. They too would love nothing more than to see house prices rise because now they are on the ladder also.Its just that initial step to buy one. They have more help to do that  now so get in when you can i say. Certain gloomers while hating investors ATM would be more than happy with rising house…[Read more]

I think the places they mentioned have a greater risk of dropping house values especially if mining slows down. Im from a mining family and believe me it can happen fast.

hbbehrendorff wrote:
But how is that possible ? Property only goes up…My advice,  Chill out for another 2 years,  Get some more equity,  Upgrade your 6.0 SS to a 4.0 Typhoon, Buy a jetski and think about how rich you will be in 2010 because property doubles every 7-10 years Thats means your property will now be worth $860 000 then in 2017 it…[Read more]

Scamp wrote:

devo76 wrote:
All crap aside. These are very interesting times and if you are under 30 you are about to see a environment that who have not seen before. Am i worried. Yes. It would be stupid not to be. Am i happy with my position. Yes. I have a good buffer,secure job,50% LVR and loans approved to buy more if a bargain appears.Fact…[Read more]

All crap aside. These are very interesting times and if you are under 30 you are about to see a environment that who have not seen before. Am i worried. Yes. It would be stupid not to be. Am i happy with my position. Yes. I have a good buffer,secure job,50% LVR and loans approved to buy more if a bargain appears.Fact is life goes on,Bad times…[Read more]

I like how key board heroes have all the answers to our problems. I know our top boys may not be the best but i trust that when they listen to all there advisers and take note of all the info WE DONT HAVE, they are able to come to a conclusion that is better for us than what the majority of us can come up with.Every bit of information at the…[Read more]

ummester wrote:
Devo, I understand some of your opposition to Scamp over-zealous doom and glooming but how can one derive FACT in a world where finacial gain is fueled largely by spin and specualation. The fact that there are no hard FACTS is very much part of the problem.You know want I want, I want the tide to come back with quite a bit less…[Read more]

ummester wrote:
Devo, I understand some of your opposition to Scamp over-zealous doom and glooming but how can one derive FACT in a world where finacial gain is fueled largely by spin and specualation. The fact that there are no hard FACTS is very much part of the problem.You know want I want, I want the tide to come back with quite a bit less…[Read more]

Scamp wrote:

devo76 wrote:
Just remember oil was going to be $2.00 bucks a litre  now. OOPS its droped.Interest rates will not drop. They will go up.   OOOPS there droppingEverytime the gloomers predict something it changes and they have a excuse for the change. Boringthey will get it right eventually and i believe they will with lower ho…[Read more]

Ha ha ha. just as suspected. Things didnt pan out as he predicted so the boys at GHPC have a rethink. Develope a new story to explain a change and then start pushing that as new FACTS.Here is my prediction for my area10% to 15% drops so farMore drops of maybe 10%Possible recessionMinning slowdownHouse values to remain stable for up to 5 years.Now…[Read more]

Yes. Visit that site. It will open your eyes but not through the intelligent converstation.Many many disgruntled younglings that have not bought a house yet and want the market to crash so they can buy in.So they talk it down,cut and paste artical after artical and basically burn investers for destroying house prices for all. Yet they are happy to…[Read more]

Just remember oil was going to be $2.00 bucks a litre  now. OOPS its droped.Interest rates will not drop. They will go up.   OOOPS there droppingEverytime the gloomers predict something it changes and they have a excuse for the change. Boringthey will get it right eventually and i believe they will with lower house values but50% drop average  NOD…[Read more]

It does not matter what anyone thinks anyway. Scamp has spoken.