beedie wrote:
Have to agree with the statement earlier that this is possibly the beginning of the beginning in regards to the US. In my humble opinion explaining the share markets last few days ….. Well if we look at the basic mindsets …all that can be said is ……that an essential characteristic of any intelligent life is that it seeks to protect…[Read more]

Thanks for the article. However I'm beginning to feel that there is no need to substantiate the presence of a bubble, nor the need to prove that it doesn't exist.There will always be people on both sides of the argument, and one of them will take the prize. Whatever it is, this argument is getting old.At the end of the day, the equation is simple:…[Read more]

The road to riches is long and bumpy. All I can say is: Keep your eye on the prize.

Although I'm not a well-informed economist, it appears that the RBA raised the interest rates too quickly to start off with. Perhaps they did this to control an explosive property market, but it is up to debate as to whether or not they predicted the adverse effect it would have on the retail sector. Isn't it possible that Australia could see a…[Read more]

hbbehrendorff wrote:
Why work as a woman when you can enjoy in premarital sex, get knocked up twice in a row and sit at home for the next 20 years in luxury playing farmville on facebook,  All government funded !

Humorous but true.

hbbehrendorff wrote:
6: Lower taxes for Investors and Businesses so that it is more attractive to manufacture…[Read more]

hbbehrendorff wrote:
This is going to be Fragmented but I don't care to write a proper formatted novel tonight.Don't listen to the baby boomer generation know it all's that have only seen rising house prices there entire life and think that "This is just the way it is""the driving force for housing price is supply and demand" is <moderator:…[Read more]

Tarneit's vacancy rates currently sit at 10.5%. I agree with Luke in being very cautious about buying in Tarneit. At under $350K, I would be looking to buy an older, standalone 2 bedroom unit (that may be in need of some work), and in a well-established North Eastern or Eastern suburb, preferably in the middle ring, no more than about 25 kms from…[Read more]

mattnz wrote:
I see there is a changing view on housing supply in Australia, with well known and respected industry analysts now advising they see Australia as Oversupplied with housing. http://www.theaustralian.com.au/business/property/chronic-housing-shortage-in-australia-is-a-myth/story-fn9656lz-1226089083998

Matt, the points in that article…[Read more]

Marie123 wrote:
FWord, I am renovating my PPOR at the moment to sell. From what John says it might be better to see if someone wants to "rent to buy" the property instead? I might get a better dollar value in the long term and they could potentially reap some benefits of capital growth as well.

Hope someone else can answer your question. I'm…[Read more]

emptyvessel wrote:
Here is a post on the macro economic factors, with no mention of property. It presents a nice balanced view of both the bear and the bull; http://www.moneymanagement.com.au/news/is-it-time-for-investors-to-come-out-of-hibernatio?utm_source=20110720&utm_medium=email&utm_campaign=newsletters#comments

Interesting article here…[Read more]

MikeLewis wrote:
I think you will find that in a housing crash, rental returns are much higher just because the house price is so much lower. The nominal rent however doesn't change much. Good point.

Oh wow, dredging this up from the depths of the abyss. Coincidentally I have a book from the library that talks about this issue. Here's an…[Read more]

Marie123 wrote:
//The common theme between all of these countries is high levels of debt financing the property bubble, just like in Australia.// I heard the same – like I mentioned earlier, from a recent Think and Grow Rich seminar – but they didn’t give figures for those who DO own their own homes, or at least those who have nearly paid…[Read more]

Consider also the season. It is likely there are less people looking to move considering its in the dead of winter at the moment.

ummester wrote:
So housing that is more affordable isn't good?

What exactly is considered 'affordable' in the year 2011?Consider the following:1. Distance to CBD (eg. Melbourne or Sydney, NOT a major regional center)2. Distance to schools, shops such as food, cafes, shopping strip or shopping centers, transport, employment (ie. walking,…[Read more]

Johnny1974 wrote:
…its only money and you can't take it with you when your'e dead.

On that note however, some have humorously noted that the only thing worse than death itself is being broke before death. Ultimately it may be better to have the riches, even if you can't take it with you.We're interpreting all this in the absence of religion…[Read more]

'Perception' usually lags behind 'reality' when it comes to reading market cycles. That is, we could perceive the market to be 'rising' when it has already 'peaked' or is in the process of 'correcting'. Or we could perceive that the market is 'crashing' when it has already 'bottomed' or beginning to 'recover'.In retrospect this would all become…[Read more]

emptyvessel wrote:

Johnny1974 wrote:
Hi all Just my thoughts…… I to agree the world financially is pretty toxic at the moment and has been since 2006. Seems everyone, every sector, in every country is being hit hard. The only shining light is the worldwide mining industry. We have strategically sold down our portfolio of six properties…[Read more]

bythebay wrote:
hello, just wondering if you have any more information on the proposed industrial park north of corio? "There was an article in The Age not too long ago that talks about a proposed industrial park north of Corio, which I presume is an attempt to compensate for the dwindling car industry." is there a link to this particular…[Read more]

ksherwell wrote:
Hey guys I'm in Point Cook and some agents out here haven't had a buyer inspection in 2 weeks. 2 weeks, I can't believe this.

Point Cook…there are clear reasons why I never bought there. Little wonder now, looking at the state you describe it to be in.

simple wrote:
So, if one to estimate current market value of something you have to compare it against basket containing number of valuables:  hourly pay rate/OIL/Energy/Gold/Silver/cost of food, add on as you wish. Measuring against average of other valuables you may get a somewhat reasonable indication of value of particular item.

Correct,…[Read more]