The simple solution would appear to be – market it yourself for what you think it’s worth. The problem then is that if agent a/b/c is selling similar problems for a lower price… well, which would you go for if you were looking to buy?
Cheers, F.[cowboy2]

Originally posted by stephen051:
More people = higher demand = higher price = high value. This is why housing in sydney has gone up much faster than elsewere in australia over the past 15 years.

More people = much faster reproducing of MORE PEOPLE. Demand in sydney is therefore insane and therefore housing prices will continue (even tho there has…[Read more]

Just to clarify…
Are you saying that the properties in 2166 are being sold for less than they are worth because the real estate agents are not prepared to list them for ‘what they are worth’?
Regards, F.[cowboy2]

Hi Kerwyn, thanks for the interesting post. We certainly are living in exciting times. Bring on the future!!!
There are opportunities in every market, as I’ve been told here so many times! Like a good boy-scout, I’ll try to be prepared. (Better make sure the folks don’t sell the farm!)
Cheers, F.[cowboy2]

Originally posted by Nat R:
If the bank was to go broke the MBS bonds they issued would not be affected as they are bankrupcy remote funding trusts
Now this I did not know. Very interesting. Any online reference I can check out to better understand such processes?

ie the investors are exposed to the mums and dads paying back the loan ….not the…[Read more]

The cheapest petrol supplier in my town (yes, the 132.9c/l mentioned above) is conveniently also a bottle shop. I try to always buy a couple of bottles at least every time I fill up – at 600c/l for VB and around 900c/l for premium, it puts some perspective on petrol prices.
I suspect that beer inflation is running well higher than milk.
Another…[Read more]

Hi Willie,
I have a few thoughts on this matter.
Don’t do it DON’T DO IT! FFS!! SERIOUSLY DO NOT DO THIS!!!
regards, F.[cowboy2]
Why? Where do I start? The friends of my parents who lost 2 IPs, their home, 40 grand and a car and now rely on the pension where they would have been entirely self sufficient… I could list a dozen cases, all…[Read more]

Nope, I think it’s more of a competition thing, as the article states. They’re reducing their margins to try to gain a competetive advantage. They have to do this because they’ve backed themselves into a hole – the vast majority of bank profit over the last few years has been the result of loan approvals, which have now plummetted. You see it’s…[Read more]

Originally posted by Dr.X:
can someone tell me what fre.e means I see that alot, why not just free?
It’s an acronym, the . between the e’s is for emphasis. Anyway, it’s read “famulus recondo eminor’ essum”… oh yes and it’s latin. The rough translation is something like ‘servant’s hoard supplies in preparation of their threat. Then lay…[Read more]

Well put Dazzling… and you didn’t even mention stockpiling capacity at either side of the refining process, or the willingness of other countries to take this unwanted supply off our hands at the price that we’re apparently not prepared to pay…

I got this email last week as it travelled around work, but mine said September 5 was the day.…[Read more]

Ok then…
F.[cowboy2]

Originally posted by nedkelly:
In regards to the losses – every year obviously our income from the rental property is less that the expenses – interest on loan etc etc…there are alot of things we can claim – when I fly back to Perth that can even be claimed!!! — resulting in a loss….Anyway every year that loss builds up and it can be used to…[Read more]

Originally posted by GPSNetwork:
What can we do to make the difference?
Not buy petrol on a particular day?
Um, Nah. You got that email too? Won’t work
Protest? What? Who?
Write an article? About what?
Buy more fuel efficient cars? Now you’re talking!
Or just put up with it and work smarter to make more money so it doesn’t affect us at allâ…[Read more]

Originally posted by Nat R:
10% is not a crash…nowhere does the bloke from JP Morgan use the term…so please don’t misquote again.
I errr… didn’t. I specifically stated “JP Morgan do have concerns over declining house prices.”
“the bloke” is Chief economist of JP Morgan Australia!
How did JP Morgan & Merril Lynch go with picking the…[Read more]

Originally posted by Nat R:
Every day I read economic research from the major Investment Banks (Merrill Lynch, JP Morgan
<snip>
Without expception there are no concerns of a property market crash in any of the global markets.

Home value falls trap buyers

By Turi Condon
September 03, 2005

…
many who have borrowed in the past two years would…[Read more]

Hi Mei,
Sounds like you have some fabulous properties there – would love to see the one on the Singapore canals [blink]!
If you don’t mind me asking, how do you ‘build up capital losses’ while working overseas?
Regards, F.[cowboy2]

I believe that to be something of a mis-quote by the media. Steve Forbes was pointing out that oil had risen from $25/barrel 3 years ago to $70 today, and that te increased supply would account for only an extra $10/barrel. The next significant factor he pointed to was inflation (I think I beat him to it – refer to the CRASHHH!!!! thread) – to…[Read more]

Dazzling – the ‘market’ I have been referring to is the one consisting mostly of 3 & 4 bedroom suburban detached houses. You know the ones – 95+% of real estate investors have one or two…[biggrin]

Anyhoo – if those who now have the spreadsheet fill down the relevant columns to 2020, the forecast is for Melbourne’s median house price (detached 3…[Read more]

Great Economic Collapses of the 20th Century:

German Mark
1914 – 4.20 to the US dollar
1916 – 4.80 to one US dollar
1919 – 42 marks to the US dollar
1923 – 4.2 trillion marks to the US dollar

Agentine Peso:
1991 – 1.0 to the US dollar
2004 – roughly 10,000,000,000,000 to the US dollar

See also the Mexican peso in 1994, the Brazilian Real in…[Read more]

250 unit development in Hervey Bay? I asked a friend who works in the planning field in the region whether he knew of such a development, and the answer was a resounding “NO…?”
Not meaning to doubt you, but are we talking about the same town? The one in QLD? Is this a high-rise development?

Cheers, F.[cowboy2]