PropertyInvesting.com | HousesOnly | Activity https://www.propertyinvesting.com/members/housesonly/activity/ Activity feed for HousesOnly. Mon, 13 Apr 2026 07:15:51 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 1f04eeaf893dec18c4318bd1ffadbb3f HousesOnly replied to the topic markets dropped 15 pct in the forum General Property https://www.propertyinvesting.com/topic/4377023-markets-dropped-15-pct/#post-4495682 Wed, 17 Nov 2004 06:23:22 +0000 It amazes me how people who bought a home for $40K 20 years ago talk about making a loss if they sell the home for $500K rather than their asking price of $540K! How does that work!

]]> 79e66947e391dc4626aac11e4e601882 HousesOnly replied to the topic Oil & US Trade Figures - Cause for Concern in the forum General Property https://www.propertyinvesting.com/topic/4376514-oil-us-trade-figures-cause-for-concern/page/2/#post-4493165 Tue, 19 Oct 2004 06:15:27 +0000 Someone earlier in this post mentioned that economists cant seem to come up with any decent predictions and I would add are often wrong. This is very true as someone else pointed out there are just too many variables and the relationship by which each affectes the others is constantly changing. This makes predicting in the field of economics one…[Read more]

]]> bc7718fc3838df3947dff24662f014ee HousesOnly replied to the topic Tradesman's tricks in the forum General Property https://www.propertyinvesting.com/topic/4375986-tradesmans-tricks/#post-4489768 Tue, 14 Sep 2004 05:51:52 +0000 While there is such a surplus of work and a shortage of tradies, the situation wont change. When building approvals drop down to normal levels or below when there is a general economic slowdown, then tradies will have to bother about reputation and referrals. Unfortunately, at the moment one has to treat them like children and use what means…[Read more]

]]> 9281acf121eaabb210d25faf04006826 HousesOnly replied to the topic Sub-division- Process/costs in the forum No Subject https://www.propertyinvesting.com/topic/4375886-sub-division-processcosts/#post-4489139 Tue, 07 Sep 2004 03:43:33 +0000 Yorker
5 acres sounds rural-ish. Check with the local council/shire what the minimum lot size for the area is. You may find that right now 5 acres is the minimum lot size. This however doesn’t mean you cant subdivide but does complicate the process as the council will have to amend their planning scheme for the area etc. This is where the real…[Read more]

]]> ab53311ac79ce9e2b227b2044d939f52 HousesOnly replied to the topic Latham or Howard - seriosuly! in the forum Opinionated! https://www.propertyinvesting.com/topic/4375745-latham-or-howard-seriosuly/#post-4488124 Mon, 30 Aug 2004 23:40:41 +0000 Monopoly
I totally agree.
Both the major parties are useless and until the majority of people feel strongly enough (to vote for any other party) we are stuck with the situation as it is and only very slight improvements in our society and our lives will ever come about. I am so sick of hearing the statement that “if I vote for a minor party I am…[Read more]

]]> 98ba35935e4f79d62f8e6d26c48f02aa HousesOnly replied to the topic Brisbane Bay land that sells for $30000! in the forum General Property https://www.propertyinvesting.com/topic/4375175-brisbane-bay-land-that-sells-for-30000/#post-4484163 Fri, 30 Jul 2004 04:46:04 +0000 Dave
One of the reasons the land is so cheap there is obviously because it is an island and at present only serviced by ferries which makes commuting to the mainland and city quite inconvenient. The locals have been talking about the state govt building a bridge for ages (why wouldn’t they!) and if that does go ahead I expect the prices will…[Read more]

]]> ab538008d3aac855f2a8bc7c10e4169c HousesOnly replied to the topic Security Grilles Vs Alarm System in the forum Help Needed! https://www.propertyinvesting.com/topic/4375065-security-grilles-vs-alarm-system/#post-4483397 Thu, 22 Jul 2004 23:12:12 +0000 I had an alarm system in one IP and the tenants continually broke the system. It ended up costing me a fortune in technician repair bills and eventually I removed it. The same thing is currently happening with a dishwasher I have in another IP. Has broken down 6 times in last 12 months. This all has taught me that an IP should have a little…[Read more]

]]> 59117ccf9de0ea6b83b5545f15c27ae1 HousesOnly replied to the topic Spiritual Books in the forum Help Needed! https://www.propertyinvesting.com/topic/4374972-spiritual-books/#post-4482541 Mon, 19 Jul 2004 01:18:35 +0000 Well said Westan.
For once we agree on something!

]]> 0522b4e488d343f0fc16d8734d16f761 HousesOnly replied to the topic Fibro House - is it worth it? in the forum General Property https://www.propertyinvesting.com/topic/4374823-fibro-house-is-it-worth-it/#post-4481458 Wed, 07 Jul 2004 00:26:18 +0000 I once looked at buying a fibro cottage and spoke to a builder about options in terms of cladding. The builder suggested that I put weatherboards over the top of the fibro as this would be cheaper to do (no disposal of fibro) etc. This then got me thinking about the motivation for recladding. Basically there are two main motivators. Firstly to…[Read more]

]]> 1ceb43490dec26343a570354666d6a8f HousesOnly replied to the topic Bush Madness in the forum General Property https://www.propertyinvesting.com/topic/4374602-bush-madness/#post-4480102 Thu, 24 Jun 2004 04:37:17 +0000 Westan
I agree with Jenman and in fact I think that even regional towns of 20000 pop. may have problems in the next 5 years if rates rise and econ. growth slows. I think this will actually affect NZ regional and small towns even more than Aus.

You are entitled to your opinion on Jenman but I support what he says 100% in that article at least. I…[Read more]

]]> c8d553fc2ecc73d222a8a448fa2ebde1 HousesOnly replied to the topic Prediction in the forum General Property https://www.propertyinvesting.com/topic/4374491-prediction/#post-4479488 Tue, 22 Jun 2004 03:45:30 +0000 Kay

50000 people per year into Sydney is about 1% increase of the population (very roughly) and that is not very much at all. It certainly is not enough to move a market up or down as much as you would like it to.
There are such gardens of Eden but the yields are only 2-3%!
I think PI’s are expecting too much from IP’s. They want a 4-5% rental…[Read more]

]]> fc0ccaed71f23ff1ad2477541924d369 HousesOnly replied to the topic Prediction in the forum General Property https://www.propertyinvesting.com/topic/4374491-prediction/#post-4479486 Tue, 22 Jun 2004 02:59:38 +0000 I agree with Westan that interest rates will not rise and may even decline as the govt prepares for an election.

On the matter of rents increasing. Practically the only thing that changes rents is supply and demand. At the moment one has to admit that there is an oversupply of almost everything. Certainly inner city units in almost all capitals.…[Read more]

]]> 145d71c7434df468e80446cea0499089 HousesOnly replied to the topic THE LIFESTYLE PLANNER in the forum General Property https://www.propertyinvesting.com/topic/4374161-the-lifestyle-planner/#post-4476933 Tue, 01 Jun 2004 04:57:37 +0000 Looks a bit different to a financial planner if your read it properly!

I like the bit about redirecting the mortgage broker commission back to you!

]]> cf4abd5f9c639504ef49662ec9365906 HousesOnly replied to the topic powerlines near IP in the forum General Property https://www.propertyinvesting.com/topic/4374140-powerlines-near-ip/#post-4476818 Tue, 01 Jun 2004 00:50:46 +0000 150-200m is hardly the same as 10m away and I think that 150m should be fairly safe. When there is solid proof of harm (sometime in the future), the Electricty Commission will be forced to move these lines underground. This will increase the value of the property if and when it happens, but dont hold your breath. Negotiate the price really low,…[Read more]

]]> 5c8aad2aaa4dbfc226277f635e75cc04 HousesOnly replied to the topic Falling Prices - Negative Equity in the forum General Property https://www.propertyinvesting.com/topic/4374126-falling-prices-negative-equity/#post-4476701 Tue, 01 Jun 2004 00:43:20 +0000 I am sure there are quite a few young guns on this forum that are in negative equity positions right now. Like someone said in another post, “when the guy shining your shoes claims to be an expert on the stock market it is time to run”. Maybe on this forum the slogan should read, “when the kids still at school claim to be experts on the property…[Read more]

]]> 0846abe085b2423290a939af77c88baf HousesOnly replied to the topic anyone watch this last night? in the forum General Property https://www.propertyinvesting.com/topic/4373987-anyone-watch-this-last-night/#post-4475642 Wed, 26 May 2004 00:24:28 +0000 Of course it would be baffling to a left-winger!
So I guess you are saying that it would be the right-wingers that are into consumerism? Or maybe it is all those in-between and neither the left nor the right are?

]]> 709803420d0187e1cb98dd4ee68854fc HousesOnly replied to the topic anyone watch this last night? in the forum General Property https://www.propertyinvesting.com/topic/4373987-anyone-watch-this-last-night/#post-4475640 Tue, 25 May 2004 23:26:25 +0000 This was the quote of the whole article

“CLIVE HAMILTON: The whole debate about the aspirational classes is out there saying to them, “You should aspire. You have a right to aspire. It’s proper to aspire to an ever-more-wealthy lifestyle. It’s your right to do so.” And therefore, the whole political process is corrupted, I would argue, towards…[Read more]

]]> a346b6d60b53a26438e70aeea2546a3b HousesOnly replied to the topic anyone watch this last night? in the forum General Property https://www.propertyinvesting.com/topic/4373987-anyone-watch-this-last-night/#post-4475639 Tue, 25 May 2004 23:22:09 +0000 I say blame parents who cannot say no to their children. These are the leftwing people who have brought about the laws that prevent a parent from giving a child a hiding. Because of these people there is a generation of people who are not prepared to wait and work for things and believe it is their right to have anything they want whenever they…[Read more]

]]> 8242a55646517c4b7d535dcabd459e1a HousesOnly replied to the topic A cooling Market in the forum General Property https://www.propertyinvesting.com/topic/4373727-a-cooling-market/page/2/#post-4473889 Fri, 21 May 2004 01:48:32 +0000 I guess one way to work out how far prices should drop is to work out how far they overshot the mean by during the peak of the boom and now. To work out the mean, one would need to look at stats over a decent amount of time and plot these stats, then put the long term trend line through these plotted stats to show where the prices should…[Read more]

]]> a8b29547f06e7299f3d29b8fbb1988fe HousesOnly replied to the topic A cooling Market in the forum General Property https://www.propertyinvesting.com/topic/4373727-a-cooling-market/#post-4473887 Fri, 21 May 2004 01:31:11 +0000 Well it is official, prices are pretty much in decline across the board, no question. What is of interest though is how far people feel it will decline?

So what are your predictions on further price drops, in units, houses and per capital city?

]]> 028889b268b166fa33f6fe429587f697 HousesOnly replied to the topic Forum visitors in decline in the forum General Property https://www.propertyinvesting.com/topic/4373800-forum-visitors-in-decline/page/3/#post-4474342 Fri, 21 May 2004 01:17:41 +0000 touche Aussierogue

]]> 53847a734243bb6af4b34e8affb6d37d HousesOnly replied to the topic Forum visitors in decline in the forum General Property https://www.propertyinvesting.com/topic/4373800-forum-visitors-in-decline/page/2/#post-4474339 Fri, 21 May 2004 01:08:00 +0000 Kay
I too agree with you about admiring the English as a second language peoples attempts to speak our language. This is not the issue for me. The issue was about some people seeming to deliberately place a different meaning on some of their posts in order to (in my opinion) avoid answering the questions asked of them (much like politicians do).…[Read more]

]]> 918929f5faa9a810e07f87d1c35a4660 HousesOnly replied to the topic Forum visitors in decline in the forum General Property https://www.propertyinvesting.com/topic/4373800-forum-visitors-in-decline/page/2/#post-4474336 Thu, 20 May 2004 23:54:14 +0000 Hi all
I have been quiet for a few reasons. Firstly, same old questions and answers. Secondly, there are a few people here giving poor advice to others and whenever posters like myself try give a bit of balanced advice we get shot down. An example of this was when some people gave bad advice about what to claim to reduce tax, some months back. I…[Read more]

]]> d4e430606bfa9d806d214382f294a6ea HousesOnly replied to the topic Town Population? in the forum General Property https://www.propertyinvesting.com/topic/4372964-town-population-4/#post-4468071 Tue, 20 Apr 2004 00:30:09 +0000 Like another wise person on this website once said

“If you are going to invest in a one horse town, you had better be very sure the horse doesn’t leave”

That pretty much sums up my thoughts too. I agree with Derek and prefer larger towns/cities.

]]> 37199e0339f110ccd47bd9619830dc9c HousesOnly replied to the topic Caution – Brisbane/Perth markets in the forum General Property https://www.propertyinvesting.com/topic/4372638-caution-brisbaneperth-markets/#post-4465969 Wed, 07 Apr 2004 00:01:11 +0000 Well I knew when I posted this that I would get a lot of resistance from those who just dont want to accept that a correction is inevitable and that this time it is not different! Make no mistake, the market in SE QLD is slowing and prices are dropping just like they are in other areas. If you refuse to accept the reality, do so at your own peril…[Read more]

]]> 7d0cc04daa897450557ffb5318664fa8 HousesOnly replied to the topic Caution – Brisbane/Perth markets in the forum General Property https://www.propertyinvesting.com/topic/4372638-caution-brisbaneperth-markets/#post-4465961 Tue, 06 Apr 2004 06:39:24 +0000 Aceyducey
I have an economics degree so I guess you are right – that I have a limited understaning of economics! Imagine how good an understanding those who have not done any tertiary study in the field must have!

So you are suggesting that the 0.65% increase in our population from immigration (excluding the declining birth rate) will have an…[Read more]

]]> 228ec80b4f745a004d0bdcc7502a5337 HousesOnly replied to the topic Seaford, VIC in the forum General Property https://www.propertyinvesting.com/topic/4372635-seaford-vic/#post-4465945 Tue, 06 Apr 2004 05:09:01 +0000 I used to live in Melb. (now in Bris), and remember travelling from Brighton to the Richmond to work by car. It was time consuming! Seaford is a great deal further from the city than Brigton but has a train line. You are right that it is fairly close to the sea. Seaford however doesn’t really have absolute beach frontage like other areas along t…[Read more]

]]> d3ab0035d35b001bb17bed4dab200d7f HousesOnly replied to the topic wow- 60 Minutes segment on Ollis Tonight! in the forum No Subject https://www.propertyinvesting.com/topic/4372594-wow-60-minutes-segment-on-ollis-tonight/page/3/#post-4465643 Tue, 06 Apr 2004 02:14:11 +0000 PI is a specialised field. Some people think they are experts at it and do there own research. Others rely on professionals to do the research for them and advise them. It is not ridiculous to expect that the banks and solicitors to look after the interests of their clients with regard to valuations. It is clear from these cases that the banks…[Read more]

]]> 134231136503a175a9000c3b7d0fddd9 HousesOnly replied to the topic MediaWatch report on Today Tonight and the MAP in the forum General Property https://www.propertyinvesting.com/topic/4372623-mediawatch-report-on-today-tonight-and-the-map/page/2/#post-4465831 Tue, 06 Apr 2004 01:05:39 +0000 Anyone who believed that the original claim meant that these property novices could have a net worth of over $1m after 12 months is themself a novice. It is very obvious to anyone with a bit of property knowledge and a small amount of common sense that the claim was to put these people in control of $1m of property. The problem here is that…[Read more]

]]> c0c4f4ccbd4cf3fcf1a160b887091d4d HousesOnly replied to the topic Investment TERMITES! in the forum No Subject https://www.propertyinvesting.com/topic/4372462-investment-termites/page/2/#post-4464567 Wed, 31 Mar 2004 04:43:13 +0000 Just to be on the careful side, I suggest you get a building inspection to determine what work needs doing and how much it will cost. As a landlord you have a responsibility to provide a safe environment for your tenants to live in. If the roof collapses and you knew beforehand that it was infested, you would be in deep strife. Insurance would not…[Read more]

]]> 83c99777c60a3f46900d0861e23fcbf3 HousesOnly replied to the topic Article "Australian economy dangerously overheated in the forum No Subject https://www.propertyinvesting.com/topic/4372308-article-australian-economy-dangerously-overheated/#post-4463126 Thu, 25 Mar 2004 05:25:09 +0000 SIS
So you are one of the people who believe that there cannot be a bust? You have obviously come up with some good reason why this time it cant happen when it has been happening all around the world for hundreds of years?

]]> 5de67bd418cb921817b2d2006e6290a3 HousesOnly replied to the topic WHEN WILL PPTY PRICES RISE AGAIN? in the forum General Property https://www.propertyinvesting.com/topic/4371445-when-will-ppty-prices-rise-again/#post-4455648 Wed, 24 Mar 2004 04:47:32 +0000 Not wanting to disappoint with regard to doom and gloom – here goes..

I think interest rates will rise to 9 or 10% and that will happen over the next 3 years. I expect that terrorism will increase now that Israel have moved onto the offensive. This will affect world stock markets and thus people will want property instead of shares to form the…[Read more]

]]> 5cb9011503e9343cb4ade7d48de2641f HousesOnly replied to the topic Labor Government in the forum Opinionated! https://www.propertyinvesting.com/topic/4371873-labor-government/page/2/#post-4459431 Fri, 12 Mar 2004 02:26:51 +0000 Any party would have had a budget surplus over the last 2 terms of office, so to say that the Libs have done well is not really that true and yes it is largely due to selling assets like Telstra. There really doesnt seem to be a viable party that will balance things well by not wasting our money as well as improving what is important to us…[Read more]

]]> 4ec5487df844109e1c0c951bedfff9e4 HousesOnly replied to the topic Tenant will not move out in the forum General Property https://www.propertyinvesting.com/topic/4371881-tenant-will-not-move-out/#post-4459565 Wed, 10 Mar 2004 04:38:09 +0000 People seem to forget that the government is only meant to be a custodian of our money and that they work for us and therefore we are their bosses. They have a form of arrogance that makes us think that they are in charge and that they will push us around and tell us what is important to us. This is totally wrong and Geoff Kennett found this out…[Read more]

]]> 94229671eec07e1a33f6949f83526fe7 HousesOnly replied to the topic Tenant will not move out in the forum General Property https://www.propertyinvesting.com/topic/4371881-tenant-will-not-move-out/#post-4459562 Wed, 10 Mar 2004 00:47:39 +0000 Well said Pisces – dont get into a confrontation with the tenants.

It is ridiculous that the tenants have more rights than the landlord. What ever happened to a legal and binding written contract being enforceable? The tribunal are obviously a bunch of communists.

]]> dd4900f396c48f2284b10403b546de0b HousesOnly replied to the topic QLD- Brisbane property increases in the forum General Property https://www.propertyinvesting.com/topic/4371754-qld-brisbane-property-increases/#post-4458658 Fri, 05 Mar 2004 05:12:45 +0000 I totally agree with teabagted especially the sentence “Too many silly, trendy people paid too much for their properties and created an expectation among their neighbours”

]]> 5eb1638026b527aae9c13dc2cc92e1fb HousesOnly replied to the topic QLD- Brisbane property increases in the forum General Property https://www.propertyinvesting.com/topic/4371754-qld-brisbane-property-increases/#post-4458657 Fri, 05 Mar 2004 04:24:04 +0000 Heres an excerpt from an article from NAB which validates the above.

• Capital city house prices rose a further 6.0% in
the December quarter, the largest quarterly rise
since the late 1980s.
• However there is evidence that relatively more
sales at the upper end of the market have
biased up the median price rises in Q4.

Table 1: House Price Gro…[Read more]

]]> 3ec2f53aaa8fd448950da49ccfc75148 HousesOnly replied to the topic Claiming interest (PPOR changed to IP) in the forum General Property https://www.propertyinvesting.com/topic/4371745-claiming-interest-ppor-changed-to-ip/#post-4458570 Fri, 05 Mar 2004 04:14:18 +0000 So in summary, I can increase the mortgage on one IP property to provide a deposit for another IP or two at any time and claim this ongoing interest as a deduction. Does one have to be able to produce an audit trail of the capital flow to prove it was used for another IP and if so how (bank statements are not too revealing)?

]]> 43b6a1f3e35155849cf7430b57482966 HousesOnly replied to the topic Rich is evil, poor is virtuous. in the forum Opinionated! https://www.propertyinvesting.com/topic/4371597-rich-is-evil-poor-is-virtuous/#post-4457310 Mon, 01 Mar 2004 02:55:30 +0000 Great post Marc.

I feel that poor people often are programmed into not performing, whether it be by their parents lack of ambition or their friends or other environmental factors. Most of them are capable of achieving so much more than they settle for.

]]> e079d2bd96772adb17a8bbcfd263d15c HousesOnly replied to the topic renting to uni students in the forum General Property https://www.propertyinvesting.com/topic/4371621-renting-to-uni-students/#post-4457482 Mon, 01 Mar 2004 02:11:59 +0000 I agree with Bruce, dont count on the higher yield from uni students. If renting to them becomes too arduous and you opt for a “normal” renter your yield will drop to the average for the area (250/w). Based on this yield I would be working out what the highest I would pay would be, say $250K to generate a 5% return when getting 250/w rent. You may…[Read more]

]]> 1968cf9f706f481a9a8d47719fe6f1fe HousesOnly replied to the topic Accessing super for investing in the forum General Property https://www.propertyinvesting.com/topic/4371487-accessing-super-for-investing-2/#post-4456034 Wed, 25 Feb 2004 04:50:56 +0000 The article seems to be implying that a self administered super fund investing in some properties by rolling over funds from another fund amounts to unauthorised access (if I am reading this correctly), which is rubbish. The adminstrator of the fund (normally yourself) can choose to invest in many things including property but not things like…[Read more]

]]> 7bc12aaddfd9a0932965c95c1ee29a0a HousesOnly replied to the topic Any other 'Investment Property" cos to beware of? in the forum No Subject https://www.propertyinvesting.com/topic/4371359-any-other-investment-property-cos-to-beware-of/#post-4455118 Tue, 24 Feb 2004 04:00:05 +0000 This topic has changed a bit but I feel it is important to let you know that as a builder previously, I know that builders do make different margins. These are anything from loosing money on a job to making 30-40%. This often depends on the size of the builder and the bigger builders dont take on small jobs or jobs with too many unknowns and…[Read more]

]]> 7c945407a3ff5c034449f6e5e529bade HousesOnly replied to the topic It is the time to buy!!! get in quick!!! in the forum General Property https://www.propertyinvesting.com/topic/4371215-it-is-the-time-to-buy-get-in-quick/#post-4454229 Mon, 16 Feb 2004 04:26:21 +0000 pieces
I thought that predict and project both mean the same thing – that is to forecast? I also dont know how you can insist that by using data to predict one gets “locked into one mindset”? I totally disagree and would argue that this data and the predictions are only a small part of the information and decision making process and predictions do…[Read more]

]]> 3161e4cc81fa5dfdfaf48c2dfcf38985 HousesOnly replied to the topic It is the time to buy!!! get in quick!!! in the forum General Property https://www.propertyinvesting.com/topic/4371215-it-is-the-time-to-buy-get-in-quick/#post-4454227 Mon, 16 Feb 2004 01:53:48 +0000 rickyw
Of course you don’t need a degree to invest in property. There are too many examples of people with very little formal education that have made huge money. These people have educated themselves over time by trial and error and just getting in and experiencing. This certainly does work, probably better than any economics degree.

I have an e…[Read more]

]]> 8932f6d59c22227b1f0241cb3556e694 HousesOnly replied to the topic Henry kaye aftermath in the forum Opinionated! https://www.propertyinvesting.com/topic/4371033-henry-kaye-aftermath/page/2/#post-4453055 Mon, 16 Feb 2004 01:21:23 +0000 markpatrick
Your statement “there must be times when you take a chance on certain aspects of a purchase” is exactly the type of statement I would expect from one of those people that are not prepared to do all the steps in a system and don’t want to pay anything for knowledge and as such “want it all” without doing the hard work.

Elves
I also a…[Read more]

]]> 2a6c74ddd720d588a0b84e66894fe1f1 HousesOnly replied to the topic Henry kaye aftermath in the forum Opinionated! https://www.propertyinvesting.com/topic/4371033-henry-kaye-aftermath/#post-4453040 Fri, 13 Feb 2004 01:16:12 +0000 Henry Kaye will probably still be worth more millions than all of us put together after this whole debacle is over. He is no idiot and he saw an opportunity in the market and took it. He used investor’s greed gland to the maximum and he cannot be blamed for that. Investors that got greedy only have themselves to blame because greed has a funny w…[Read more]

]]> a2c1755fe77f7a764db2cce6703ae365 HousesOnly replied to the topic The Future? in the forum General Property https://www.propertyinvesting.com/topic/4370324-the-future/page/3/#post-4446979 Wed, 11 Feb 2004 07:58:48 +0000 Leigh
Just a small point which is quite significant in the whole argument.

Your example “somewhere that has increased in 40% over 12 months and then decreases by 20% surely couldn’t be classed as a bust because the net effect is still a 20% increase.”

This is in fact incorrect. The correct statement should read ”somewhere that has incre…[Read more]

]]> 5f2262e0ed8adffc87c738682b86b9b8 HousesOnly replied to the topic The Future? in the forum No Subject https://www.propertyinvesting.com/topic/4370324-the-future/page/3/#post-4446975 Wed, 11 Feb 2004 04:20:16 +0000 Westan
yeah sure we may not have seen corrections in the range that I am tipping between now and 1989 (too small a sample anyway – imo), but we also have not seen the type of frenzied buying and the much bigger resultant boom that has happened in the last 8 years. The market will always return to equilibrium and at the moment it is very much out…[Read more]

]]> 688b1c6761569ee8e84850feb36e91cc HousesOnly replied to the topic The Future? in the forum No Subject https://www.propertyinvesting.com/topic/4370324-the-future/page/3/#post-4446974 Wed, 11 Feb 2004 04:11:15 +0000 btw – my opinion of a bust is when prices drop by more than 10%. If one buys well, one can easily handle a drop of 10% especially if it is over a few years. But when drops of 15-20% occur this is likely to start affecting the yield as rents start to decline accordingly even though the rent to selling price relationship is not one that tracks in a…[Read more]

]]> 7bb295d5bc560d327f1a47657c162c24 HousesOnly replied to the topic The Future? in the forum No Subject https://www.propertyinvesting.com/topic/4370324-the-future/page/3/#post-4446972 Wed, 11 Feb 2004 04:02:34 +0000 What qualifies as a bust? Does 10% qualify or does it need to approach 20% before it is termed a bust?

Others input would be appreciated.

]]>