PropertyInvesting.com | foundation | Activity https://www.propertyinvesting.com/members/foundation/activity/ Activity feed for foundation. Wed, 15 Apr 2026 23:01:20 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 c8979cd08bda79a1ec19dfd424e953e1 foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/4/#post-4593958 Wed, 19 Nov 2008 23:09:12 +0000 So in summary, Japan had massive credit-financed speculative bubbles which burst, leading to deflation. Seems the similarities are greater than the differences.Stories relating the differing attitudes towards shares and real estate are irrelevant on the basis that prior to their crashes, the Japanese people had the same beliefs as Australians…[Read more]

]]> c1b327ab3687367a38b8619a2c151489 foundation replied to the topic need to be well informed about property investment in the forum Help Needed! https://www.propertyinvesting.com/topic/4394760-need-to-be-well-informed-about-property-investment/#post-4595782 Tue, 18 Nov 2008 23:29:45 +0000 I'm a bit confused. This bit:

waterfleck wrote:
my home as well as his will be used as security to finance the house we build

doesn't sit well with this bit:

Quote:
a legal agreement made beforehand that ensures my home is secure in the event of bankruptcy and that his interests are also protected.

If you are using your home as security for…[Read more]

]]> b58a9eb7bb5d3d41526f6fe8072866bb foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/4/#post-4593956 Tue, 18 Nov 2008 21:46:08 +0000 Whoops, I forgot to respond to "are australian banks short of capital at the moment".What our banks are critically short of is liquid assets. Only seven tenths of one per cent (0.7%) of all bank assets are held in truly liquid assets – RBA deposits and government securities. The remainder of what they call liquid assets are actually just loans and…[Read more]

]]> fd2e753d920c072ec9e1083c913e3e0c foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/4/#post-4593953 Tue, 18 Nov 2008 21:31:25 +0000 alani wrote:
are australian banks short of capital at the moment, umm, I dont think so, is there going to be a mass influx of retirees next year? did the japanesse  have superannuation systems in place?? 

Pfft! Are you saying the primary reason the Japanese have had 15 years of stagnation and mild deflation was because they had too many re…[Read more]

]]> 9e257fd5d6cec06a99259b4561f2b1ca foundation replied to the topic HELP NEEDED ASAP FOR FINANCE DEAL in the forum Creative Investing https://www.propertyinvesting.com/topic/4394750-help-needed-asap-for-finance-deal/#post-4595730 Tue, 18 Nov 2008 02:11:49 +0000 pauls05 wrote:
Basicly is it possible to get a contact price of say $260,000 and find a way to only pay the seller say $230000  and pocket the excess at settlement without the bank knowing.-Paul smart 0406660891pauls05@gmail.com

Sure, it's called fraud, or more specifically the offence of 'obtaining money by deception' and punishable under the…[Read more]

]]> a6e81e94e7ede682e3431b9dd56f4095 foundation replied to the topic Previous sale prices for residential property in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394751-previous-sale-prices-for-residential-property-in-nsw/#post-4595751 Tue, 18 Nov 2008 02:05:39 +0000 tess85 wrote:
have you visited the site lately?http://www.onthehouse.com.au/sold_info/info used to be free, now is $5 per year.

Nope. Just use the search box on the home page:http://www.onthehouse.com.au/home/Put in the suburb you want, and all the sold price records show up. Cheers, F. [cowboy2]

]]> f928e72fd8c2114e751e81be141deae3 foundation replied to the topic Previous sale prices for residential property in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394751-previous-sale-prices-for-residential-property-in-nsw/#post-4595749 Tue, 18 Nov 2008 01:19:44 +0000 Why $5 per year? Just enter the suburb (or specific property) in the search, and previous sales show up!

]]> e3042a1ebef929deac25d7a4a7e40797 foundation replied to the topic Previous sale prices for residential property in NSW? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394751-previous-sale-prices-for-residential-property-in-nsw/#post-4595747 Tue, 18 Nov 2008 00:06:22 +0000 onthehouse.com.au

]]> 923de4d68b2db4a8d9076293973177ab foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/4/#post-4593946 Mon, 17 Nov 2008 23:46:37 +0000 C2 wrote:
Without getting involved in any of the jibes I would like to say that references to Japans deflation shouldn't be use as examples of what can happen in OZ housing market.

I absolutely disagree. The dynamics of debt deflation are precisely the same. The overpriced asset market (the bubble) has a corresponding future obligation of…[Read more]

]]> b4ad62affe77ff8c7b4493ffb6841217 foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593937 Mon, 10 Nov 2008 02:14:43 +0000 crashy wrote:

foundation wrote:
You clearly haven't been keeping your eye on the inflation figures that are coming through.

it's this kind of arrogant, aggressive, argumentative know-it-all attitude that really pisses people off.give it a rest

I think I've been very measured in response to the provocation, aggression and outright lies from…[Read more]

]]> 77cf16256494375991e15bb5b6f136d9 foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593935 Sun, 09 Nov 2008 22:13:50 +0000 harb wrote:
At the current rate the return on cash is going to be falling below the inflation rate before X-mas.

You clearly haven't been keeping your eye on the inflation figures that are coming through.

Quote:
Your 'risk free investment portfolio' is soon going to become a 'return free investment portfolio'

Return free in dollar terms…[Read more]

]]> 4206bde27a070cab4438006e08c3ec4f foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593931 Fri, 07 Nov 2008 00:39:21 +0000 Aha!I've just uncovered (through my magical google powers) why Harry Harb here is such a nasty sarcastic creature!Here's what he was up to in September 2006:

harb wrote:
My favorite pick is South Yunderup, the suburb is on a dead end street with direct access to the highway and industrial areas north of it, near the river, Peel Inlet and close…[Read more]

]]> f7bf7ee2f2b61bf61494436d463808b8 foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593930 Fri, 07 Nov 2008 00:23:34 +0000 harb wrote:

foundation wrote:
Flash, I bought a few dozen bullion-grade fine silver one ounce coins over 2004 & 2005. Also some Unc Australian Mint silver coins ranging from an ounce up to a couple of 10oz'ers. All bought when silver spot was less than US$7. None for more than AU$10.50. Currently up around 66%.

Which I'm sure you've already…[Read more]

]]> 41851130e588bfa67f59192392d12d90 foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593928 Fri, 07 Nov 2008 00:01:50 +0000 crashy wrote:
Im confused here. you quote an old post that is supposed to prove that you DONT post late trades, but all you have done is provide another example of you doing just that. anyone can say "oh I did this back then and it's gone up, arent I clever?"hows that for googling your old posts?

That's not an example of your google prowess. I…[Read more]

]]> e82e9eec428f9f6f67a5d83caa25961c foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593926 Thu, 06 Nov 2008 21:45:30 +0000 crashy wrote:
well spotted harb.F seems to a "multiple property owner" who "expects prices to fall hard", yet instead of selling he has "structured my investments to deal with this" (deflation) while simultaneously being "liquid" without being in cash. Obviously this means he is in shares but instead of simply saying that, he implies that he has…[Read more]

]]> 5f12eff4aa68afecae9d7942149c4677 foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593925 Thu, 06 Nov 2008 21:28:04 +0000 crashy wrote:
"Other investments include gold and silver purchased in 2004-2006"again, said nothing at the time.

You're making a fool of yourself again crashy! Check this post (there are plenty of other examples here too) from July 7, 2006:

foundation wrote:
Flash, I bought a few dozen bullion-grade fine silver one ounce coins over 2004 &…[Read more]

]]> 14452ebdac4927584c2226483f35f7ab foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593921 Thu, 06 Nov 2008 02:36:05 +0000 L.A Aussie wrote:

foundation wrote:
And no, even if mortgage rates fell to 5%, I would not be borrowing money to buy real estate…

If the property was pos geared, and you were looking to buy  and hold long term, why wouldn't you?

Because I fully expect a decade of deflation, ala Japan. And because of this, I have structured my investments…[Read more]

]]> a4b378e94f8a019408c26284d31a105f foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/3/#post-4593919 Wed, 05 Nov 2008 03:16:57 +0000 crashy wrote:
the only thing that excites (F)wit is "oooo goody, another opportunity to make crashy look stoopid"

Why would I need to? You seem so well adapted at achieving that outcome for yourself!  Hint: Name-calling is childish. Cheers, F. [cowboy2] Harb: For what it's worth I expect the RBA to cut the OCR well below the record low of 4.25%…[Read more]

]]> ec5130dcfde25a987e8522aeaeda4fbb foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/page/2/#post-4593918 Wed, 05 Nov 2008 03:01:49 +0000 harb wrote:

foundation wrote:
Huh? This only takes interest rates back to where they were last November.

Where is the latest cut taking us back to, 5 years ago ? Wait another month and it 'll be back to 7 years ago.How is your landlord doing, could you say hello from me and ask him if he wouldn't mind passing that rate cut to you so your…[Read more]

]]> 059c78a6ef00f967959c6512fb2e7f56 foundation replied to the topic Investment property with CGT over 10 years...confused. in the forum Help Needed! https://www.propertyinvesting.com/topic/4394432-investment-property-with-cgt-over-10-years-confused/#post-4594100 Mon, 13 Oct 2008 01:15:53 +0000 dublin_101 wrote:
Or should I just jump in with the mentality of "all propery doubles in 10 years" and hope for the best.

No. You should approach this in a balanced and measured fashion, much as you've already started to do here.

give90 wrote:
doesn't the money that you input from your pocket get carried over as a loss against the…[Read more]

]]> 1878d6531e10abdf1242b40d35381171 foundation replied to the topic Average Sale Price by Suburb in the forum General Property https://www.propertyinvesting.com/topic/4394430-average-sale-price-by-suburb/#post-4594091 Sun, 12 Oct 2008 02:57:00 +0000 I can get you suburb by suburb averages for Sydney. But I think you're in Melbourne? There you're battling a tight and mean state gov't, so no, you can't get this info for free (unless you know somebody from Land Vic, for example… )F. [cowboy2]

]]> 8a7e5c7e4eaf35d62d084e84ba0114f3 foundation replied to the topic Time to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394392-time-to-invest/page/2/#post-4593825 Fri, 10 Oct 2008 04:00:14 +0000 marcadrian78 wrote:
you have to wait for a number of things to happen first:1. Interest rates need to drop further2. Economy needs to be proven to be sound, not just talk from politicians3. Credit needs to flow4. A *severe* housing crisis needs to occur. This has not happened yet – you can still rent for a decent price, and you can still shack…[Read more]

]]> cc6a9cc2e4ff7c43c9bd997b1165dca0 foundation replied to the topic Determine if it's a structural wall or not in the forum Value Adding https://www.propertyinvesting.com/topic/4394397-determine-if-its-a-structural-wall-or-not/#post-4593861 Fri, 10 Oct 2008 03:58:47 +0000 Oh.In that case, knock it down and see if the roof sags. A saggy roof almost certainly means it is was structural.Cheers, F. [cowboy2]

]]> 9cd63604f292e4e7ccecbffad15c14b3 foundation replied to the topic Time to invest? in the forum Help Needed! https://www.propertyinvesting.com/topic/4394392-time-to-invest/#post-4593803 Wed, 08 Oct 2008 02:45:49 +0000 Quote:
As I have just had a baby and am on maternity leave I don't want to overextend my self as we will have to pay double rent/mortgage for at least 6 months. Missing the boat for me would be in terms of the grant – I guess technically I'm probably not entitled to it now, but I definitely won't be soon as I am getting married early next year…[Read more]

]]> 282562a65b406e2b9fb84b9fe91fc96d foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/#post-4593882 Wed, 08 Oct 2008 02:32:39 +0000 crashy wrote:
have rents gone down to where they were last November?

No, but they're still woefully inadequate to make property purchase anything other than gambling. I'm an investor not a speculator.

Quote:
who said anything about capital gains? my post was CLEARLY discussing positive gearing.

Strange, your proposition was "this situation…[Read more]

]]> 211c234b8ed7bd3ba0de703235a55a2e foundation replied to the topic Determine if it's a structural wall or not in the forum Value Adding https://www.propertyinvesting.com/topic/4394397-determine-if-its-a-structural-wall-or-not/#post-4593858 Tue, 07 Oct 2008 22:42:40 +0000 IP Freely wrote:
The general form of construction for home units is that all walls are load bearing

How can it be load-bearing if it is only 1.5m high? Cheers, F. [cowboy2]

]]> 68140188f6a24189a1e67b3f8940705e foundation replied to the topic what does a 1% drop in rates do for us? in the forum General Property https://www.propertyinvesting.com/topic/4394401-what-does-a-1-drop-in-rates-do-for-us/#post-4593880 Tue, 07 Oct 2008 22:36:43 +0000 Huh? This only takes interest rates back to where they were last November. Prices are still ridiculously high. Affordability is very low. Yields are still very low. The inventory of unsold homes sitting and stagnating for months on end is very high and continues to grow. Credit is tight. House prices in countries with similar economies and smaller…[Read more]

]]> a3242519125d03a2106b6728d01b63be foundation replied to the topic Am feeling a bit panicked and need some advice to steady my nerves in the forum Help Needed! https://www.propertyinvesting.com/topic/4394388-am-feeling-a-bit-panicked-and-need-some-advice-to-steady-my-nerves/page/2/#post-4593774 Tue, 07 Oct 2008 22:03:02 +0000 Scamp wrote:
Thanks foundation. I guess your fundamental value of the 15k gross yielding asset would be closer to my property valuation of 250k than a property valuation of 570k.

In a word: Yes. I bought some shares in a well run, profitable company which operates with zero debt, is recession-resistant, has grown earnings and dividends every…[Read more]

]]> 219695c235ec24f0fa59120670b8a97b foundation replied to the topic Am feeling a bit panicked and need some advice to steady my nerves in the forum Help Needed! https://www.propertyinvesting.com/topic/4394388-am-feeling-a-bit-panicked-and-need-some-advice-to-steady-my-nerves/page/2/#post-4593766 Tue, 07 Oct 2008 06:16:57 +0000 As far as asian markets go, the SSE is currently sitting at 2163, down from 6092 last October. Either the market is wrong, or they're headed for recession along with the rest of us…Cheers,F. [cowboy2]

]]> 944b008c6652f55fa90e4ab1b5a71b8f foundation replied to the topic Am feeling a bit panicked and need some advice to steady my nerves in the forum Help Needed! https://www.propertyinvesting.com/topic/4394388-am-feeling-a-bit-panicked-and-need-some-advice-to-steady-my-nerves/page/2/#post-4593762 Tue, 07 Oct 2008 03:28:56 +0000 gibbo1 wrote:
You state that prices are falling, the house in question is located in Perth. Perth has some suburbs that are falling, some that have fallen but have started to turn around, some that are pretty flat and others that have continued to increase (although at a decreased rate) during this whole cycle.  I think its imposible to make a…[Read more]

]]> 3301af2cb704e25f5986a14bfc0d65d7 foundation replied to the topic Am feeling a bit panicked and need some advice to steady my nerves in the forum Help Needed! https://www.propertyinvesting.com/topic/4394388-am-feeling-a-bit-panicked-and-need-some-advice-to-steady-my-nerves/#post-4593736 Mon, 06 Oct 2008 03:38:34 +0000 The best advice I can give somebody in your situation is to panic.You have on one side a guaranteed:depreciating assetnegative cashflowon the other side:hope/prayer for capital gains in an economic climate that is worse outlook-wise than any time in the last 70 years.Sorry. I'm just not seeing the silver lining in the cloud.F. [cowboy2]

]]> 41ca56442b724303e7ab63fa4ab58e26 foundation replied to the topic Sydney market in the forum General Property https://www.propertyinvesting.com/topic/4393244-sydney-market-2/#post-4587596 Tue, 02 Sep 2008 02:29:11 +0000 benderfile wrote:
i wait  with baited breath……

That's kinda disgusting… 

]]> 3db4ddd37bc95e41d6bad4295023b358 foundation replied to the topic Rental Vacancy in the forum Help Needed! https://www.propertyinvesting.com/topic/4394112-rental-vacancy-2/#post-4592383 Tue, 02 Sep 2008 02:24:47 +0000 http://sqmresearch.com.au/graphs/graph_vacancy.php?postcode=cairns&t=1

]]> c91e30effcff339d7549af2bf474796c foundation replied to the topic TRAPPED BY NEGATIVE GEARING in the forum General Property https://www.propertyinvesting.com/topic/4386694-trapped-by-negative-gearing/page/3/#post-4554126 Wed, 21 May 2008 06:03:29 +0000 You're welcome! It looks like you're getting the gist of it already – must be a fast learner, eh? [wink]Let me know when you're ready to move on to the appropriate use of capitalisation…Cheers, F. [cowboy2]

]]> 4675ff489430705662cc54849157fe1f foundation replied to the topic TRAPPED BY NEGATIVE GEARING in the forum General Property https://www.propertyinvesting.com/topic/4386694-trapped-by-negative-gearing/page/3/#post-4554124 Wed, 21 May 2008 00:49:23 +0000 full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop FULL-STOP full-stop Full-stop…[Read more]

]]> af6ab6876d7c130ff57cd7d7de745c7a foundation replied to the topic Investing in US property market now - best way? in the forum Overseas Deals https://www.propertyinvesting.com/topic/4392593-investing-in-us-property-market-now-best-way/#post-4584061 Wed, 14 May 2008 06:27:55 +0000 stormpoint wrote:
I would appreciate input on how I can effectively invest indirectly in property (either via a property trust or through purchasing shares of an undervalued developer) – I would be looking for a property trust or listed developer who specialises in high quality homes, in premium residential real-estate areas such as Falls Church…[Read more]

]]> 7e5ad8552b57f4b3e2f42406e34c7b8d foundation replied to the topic Brendan Nichols Million Dollar entrepreneurs boot camp- 2 TICKETS FOR SALE 17th and 18th May 2008 in Brisbane in the forum Heads Up! https://www.propertyinvesting.com/topic/4393091-brendan-nichols-million-dollar-entrepreneurs-boot-camp-2-tickets-for-sale-17th-and-18th-may-2008-in-brisbane/#post-4586382 Mon, 12 May 2008 02:59:42 +0000 I hereby bid $1.75 for these two tickets (postage to Vic at your cost). Can transfer money immediately. Let me know ASAP.Regards, F. [cowboy2]

]]> 4288ae87f1269c2e69c3e6c1ed16eb8e foundation replied to the topic is it a bad idea to get a home loan top up to pay credit card debt ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392908-is-it-a-bad-idea-to-get-a-home-loan-top-up-to-pay-credit-card-debt/#post-4585698 Tue, 15 Apr 2008 01:37:53 +0000 "and make sure that i put extra into the home loan"Perhaps I did not make myself clear. Let's try this instead:thanx for you're questions doublek.take mortgage to pay the mortgage.sound good tko me?no i don't. There, that should be sorted. Regards, F. [cowboy2]

]]> dea043379e3ba723d76d2f203866e590 foundation replied to the topic is it a bad idea to get a home loan top up to pay credit card debt ? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392908-is-it-a-bad-idea-to-get-a-home-loan-top-up-to-pay-credit-card-debt/#post-4585693 Mon, 14 Apr 2008 05:27:11 +0000 Where's the equity coming from? Presumably not your PPOR because borrowing that to pay down the mortgage would be… well, unproductive to say the least. If you're borrowing against an IP to pay down your PPOR mortgage, be aware that you cannot then claim a deduction for this portion of the interest payments, so again, I can't see the logic.Did I…[Read more]

]]> 544c2f5d1a9ac84859bf2a97676e6efc foundation replied to the topic Interest Rates in the forum Finance https://www.propertyinvesting.com/topic/4392654-interest-rates-20/#post-4584361 Mon, 17 Mar 2008 03:11:36 +0000 David Layton wrote:
The million dollar question, Will interest rates continue to rise? when will they fall?Westpac chief economist Bill Evans said the 23.9 per cent fall in the consumer confidence index over the past three months – as the Reserve Bank continued to raise rates to contain inflation – was the biggest in the 32-year history of the…[Read more]

]]> 1439ae6d2ca88c7afed365d54ff28102 foundation replied to the topic Short-term Private money sought - 10% secured. in the forum Creative Investing https://www.propertyinvesting.com/topic/4392639-short-term-private-money-sought-10-secured/#post-4584221 Thu, 13 Mar 2008 23:16:36 +0000 Okay Sir, I'm interested. You do mean 10% per month, right? What's backing the "company guarantee"? I checked over the website and it looks like more of a concept than a company… what's the most recent tangible net asset value of the company?Cheers, F. [cowboy2]

]]> 91eade1336a7c28aa111a77869786309 foundation replied to the topic Property Investing / Ownership in Australia vs US ?? in the forum General Property https://www.propertyinvesting.com/topic/4392415-property-investing-ownership-in-australia-vs-us/#post-4583236 Mon, 25 Feb 2008 04:30:28 +0000 Spruiker/Tout/Spiv…Somebody who is on the surface offering you something desirable (in this case riches) while hiding his/her true motives (in this case, their own riches). I classify most popular investing literature as spruiker-wares. Also, investing seminars, packages of dvd/audio etcetera. The aim of the people producing these is primarily…[Read more]

]]> a86f7230cf489d1dfb811bdfdedc5ec1 foundation replied to the topic Property Investing / Ownership in Australia vs US ?? in the forum General Property https://www.propertyinvesting.com/topic/4392415-property-investing-ownership-in-australia-vs-us/#post-4583234 Mon, 25 Feb 2008 02:41:20 +0000 neilvs wrote:
My question though is how can the prices in Australia be explained if there is indeed an oversupply of properties about and not an undersupply as the media is reporting?

Just the usual credit-fuelled speculative bubble, in my humble opinion. Note that I never claim "over-supply", just "sufficient or better". [wink]Look up an…[Read more]

]]> 99d25c777f89ff628ee3b3c041a8df78 foundation replied to the topic Property Investing / Ownership in Australia vs US ?? in the forum General Property https://www.propertyinvesting.com/topic/4392415-property-investing-ownership-in-australia-vs-us/#post-4583231 Mon, 25 Feb 2008 01:11:34 +0000 neilvs wrote:
I based my opinions of a land/housing shortage on…

Since this thread is titled "…Australia Vs US", I should point out to you that exactly the same "shortage" headlines were common in Florida, the Bay Area of Cali, etc in 2005. I've got clippings of some of them.It's up to you whether to believe the MSM or fact-based analysis.…[Read more]

]]> b1f23907ccfe6e3f8ca464f8ffaa1cc6 foundation replied to the topic Property Investing / Ownership in Australia vs US ?? in the forum General Property https://www.propertyinvesting.com/topic/4392415-property-investing-ownership-in-australia-vs-us/#post-4583230 Sun, 24 Feb 2008 21:58:43 +0000 blogs wrote:
Foundation sorry you will have to excuse my ignorance but what is the x axis? Is that mean/median value, groth etc? wHAT IS IT?

It's a price index. The average value of a US house and an Australian home have been set to 100 in 1890 to enable comparison. What it shows is that in real terms (adjusted for inflation and quality…[Read more]

]]> c0330cbf78a56396979f7b337dabddfc foundation replied to the topic Property Investing / Ownership in Australia vs US ?? in the forum General Property https://www.propertyinvesting.com/topic/4392415-property-investing-ownership-in-australia-vs-us/#post-4583226 Fri, 22 Feb 2008 04:36:05 +0000 neilvs wrote:
By contrast, Australia's property market is 'abnormal' in that it generally doesnt have down cycles. There have been some corrections though, for example in parts of Sydney, but this is really only a correction to compensate for the ridiculous rate of price increases during the previous years. In general, property prices have…[Read more]

]]> 4ea75b2ccc16890da5eafca98bb5058f foundation replied to the topic recession + property = ??? in the forum General Property https://www.propertyinvesting.com/topic/4392199-recession-property/page/2/#post-4582221 Tue, 12 Feb 2008 05:44:25 +0000 mathewc73 wrote:
Okays Im from the uneducated school… However I continue to ask myself isnt there something we can all do to soften the blow of the recession?

Stay out of debtGet a 'recession-proof' job or the nearest thing (police/fire/teacher/ambo/nurse etc)Build up a cash-buffer – start with 6 months of living expenses, then shoot for 12…[Read more]

]]> 8d09dac0205c07f2f4aa9ec7b8105da1 foundation replied to the topic Too late to fix? in the forum Help Needed! https://www.propertyinvesting.com/topic/4392293-too-late-to-fix/#post-4582672 Mon, 11 Feb 2008 22:39:14 +0000 xpine73 wrote:
Getting fixed is a gamble against banks who have more expertise to predict the interest rate trend.

And how well do the banks do?These predictions are from May 2007 when the RBA cash rate was 6.25%. Not a single one correctly predicted 6.75% just 6 months later. AMP and Commsec even believed rates would fall over the course of…[Read more]

]]> 0f99c20b565be56ad187c5b2411a4d40 foundation replied to the topic Monthly Rent Calculation in the forum Help Needed! https://www.propertyinvesting.com/topic/4392153-monthly-rent-calculation/#post-4581909 Fri, 01 Feb 2008 03:58:12 +0000 Sigh. Wouldn't the length of a year, averaged over the full millennium cycle, actually be 52.1774285714286 (this is accurate since it recurses to zeros beyond this point) weeks?Every fourth year is a leap year unless it happens to be 2100, 2200, 2300, 2500, 2600, 2700, 2900 or 3000. So I make that 758 normal years and 242 leap years. That's a…[Read more]

]]> 6514562dddc0e4c2f493139a1e45cda9 foundation replied to the topic Is property investing really all its cracked up to be? in the forum Help Needed! https://www.propertyinvesting.com/topic/4391500-is-property-investing-really-all-its-cracked-up-to-be/page/7/#post-4577688 Wed, 30 Jan 2008 06:40:58 +0000 Awww! I'd hoped it was me! I was going to say the 'planet' of the apes…

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