Originally posted by wayneL:
Great link Foundation.

This caught my eye.

“Real housing prices will fall by a total of 47 percent…the housing boom of the past twenty years will more than reverse itself in the next twenty.
Even if the fall in housing prices is only one half of what our equation predicts, it will likely be one of the major…[Read more]

Hi Superman,
An incredibly lucid and logical post, well done. Increased demand from population growth can in theory put upward pressure on HPI.
Your inflation + rent theory is a little difficult to verify given the difficulties in obtaining a true inflation figure in this day of high technology, and given the broad downward trend in inflation over…[Read more]

Originally posted by SALACIOUS:
Crashes and Real Estate Bust books ,now thats definetly bad advice.
Manias, Panics, and Crashes. More bad advice.

Spoken like a dot.com ‘investor’…[whistle]

What boubble bust?

Spoken like a UK property investor in 1988…[whistle]
In both cases the evidence was freely available, yet the ‘investors’ continued to…[Read more]

Originally posted by byronent:

Move on with your life.

You get a thrill from taking the <edited>?

You can blow me with your whistling.

Here I thought you were someone worth conversing with, another time waster.

Wait till the next boom buddy and then got on the wave. Play it safe. Goodnight.

Byronent
Adelaide SA

Because my maths did add…[Read more]

Originally posted by byronent:
42.3Million OMG how you come up with these numbers just makes my head spin.

2005 – $450k
2012 – $900k
2019 – $1.8m
2026 – $3.6m
2033 – $7.2m
2040 – $14.4m
2047 – $28.8m
2050 – ______? [blink]

Originally posted by Monopoly:
you would do well to give them (if nothing else) a bit of old fashioned common courtesy and…[Read more]

Originally posted by byronent:

2150 would be $12.278B
HOw you get trillion is way beyond me.
Have a great evening, you must be very bored.
Byronent
Adelaide SA

I appreciate your sarcasm. Care to stake your credibility on this one? Do you actually believe that house prices on average double every ten years?

I thought I made my method quite…[Read more]

In the year 2155 (that’s only 150 years away), that same house will be worth:

One Trillion, Four Hundred & Fiften Billion, Five Hundred & Seventy-Seven Million Six Hundred Thousand Dollars…

[lmao][specool][thumbsup2]

I would strongly advise you to stay away from ‘wrap’ deals in a falling market. What happens when the wrappee sees that their house is worth far less than what they are paying for it? They can walk away, leaving you with the negative equity. On the other hand, you could try to structure the contract to enable you to chase them for the difference,…[Read more]

Originally posted by Monopoly:
Your inane need to debunk any “myth” is at best milding entertaining, and at worst, annoying and argumentative with undertones of “troll” like behaviour.
Nobody is forcing you to read or post to this thread Monopoly. FWIW my PM box has a constant stream of messages from people who ARE interested in discussing all…[Read more]

Originally posted by Dimmick:
How did you get finance for it originally?
I think the important lesson here is DON’T! [blink]
Alternatively, I know where you can get one in Perth… seller might be under a bit of pressure to sell… chuck me five Gs as a ‘bird-dogging’ fee, it’s yours![cap]

Originally posted by grega21360:
We are trying to get offers around Mid 120s or better and it is fully renovated with everything new except the water heater.
It is all done floors,carpets, tiles, shower screen, vanity, kitchen ,doors, blinds, handles, lights, switches, stove. Surely it is value even in todays market?
Unfortunately the ‘value’ of…[Read more]

Hi Monopoly, you’ve quoted some pretty amazing examples there!
In answer to your question – No, my properties did not double in 10 years. On whole they appreciated 300% in 4 years.

If you want to believe that properties do not double between 7-10 years, fine that is your perogative….but to say that it doesn’t happen based on one piece of…[Read more]

Ok Kwiko, so if your property had doubled in value every 10 years it would now be worth 300k. If it had doubled every 7 years it would be worth over 400k. Adjusted for inflation the purchase price was $157,258 in todays dollars. That amounts to 67% HPI over 15 years or a couple of percent above CPI, so you’re about average!
Cheers, F.[cap]

Originally posted by Monopoly:
Sorry I know I don’t exactly qualify as an investor entering the market when it is cool/quiet as it is atm.

Hi Monopoly!
I thought you had been investing consistently for over 10 years? Surely, you would have seen a period of stagnation or slightly easing prices during that time? On the other hand, are you saying…[Read more]

Originally posted by shaztaz:
Here’s some nuts & bolts, get your hands dirty, real life research you might be interested in…
http://www.somersoft.com/forums/showthread.php?t=18255&highlight=quiggles

From:
http://www.somersoft.com/forums/showthread.php?t=18255&page=3&pp=15&highlight=quiggles
I read:
Originally posted by quiggles:
on 100%…[Read more]

Originally posted by stargazer:

Excuse my ignorance but how do you invest in the index fund.
Find a fund manager, read their prospectus, send money!
What sort of returns can one expect med to long term.
7 to 9% above inflation in the long term.

How much is a minimum investment.

Usually 2k, 5k or 10k depending on the fund you choose. Sometimes…[Read more]

Tip:
Lower your gearing / leverage / LVR in a rising market. That way you can ride out the subsequent bull market without falling into negative equity.

Originally posted by unannounced:
resiwealth,
Im sure not my issue is gearing…? Obviously it’s going to be very negative until development finishes.

Gearing = Leveraging.
Negative and Positive Gearing just indicate whether cashflow covers costs.
Highly Geared = High LVR = High Risk = High Gains in a Bull Market = High Losses in Bear…[Read more]

Originally posted by shaztaz:

“It’s a world wide thing so don’t worry you’re not alone.”
Suggest you ask someone who is investing in the U.S. or China at the moment, don’t think they would agree

I suggest you ask someone who is an economist and does not work for a major bank / real estate firm / media company. I think they would agree with…[Read more]

Originally posted by woodsman:
Foundation, so what are your credentials to give out advice??
A fair question perhaps, but what use posting qualifications on an internet forum? What does it matter providing the advice I dispense does not cause harm to others?
I think any poor or misguiding advice deserves to be challenged, and I would urge everyone…[Read more]