Originally posted by ANUBIS:
Well put Leigh. It is a fairly diverse group of members, from anti-wrap crusaders to pro-wrap crusaders, CF+ to -ve geared, buy and hold to build and sell.

It takes all sorts, and it keeps things a little fresher than 30,000 one eyed zealots. Avoid getting caught up in some of the arguments and use it to learn…[Read more]

Seems Sunday is the best date for people so far. What about you sis- is sunday ok for you? or out of the question? Where is PG these days? He ok? sis or Chan, you wanna pass the message onto him?

kay henry

Mini,

Yes, I realise that cosmetic or other reno’s for old houses can be really essential. And I think the reno’s you have done make your houses look so great!!

I was referring, when i mentioned “overcapitalisation” to people spending heaps and heaps of money, and then not necessarily getting their money back on it. My comments applied really to…[Read more]

Yes Mini, I do buy with emotion in mind. I do have the head of an owner/occupier, I guess, despite the literature that says to do otherwise. I only have 2 IP’s at the moment, [glum] and I love them both :o))

I probably wouldn’t be able to service a loan of $300k to buy a 10% yielding property. In fact, I have no idea what my next purchase will…[Read more]

Just watching basil brush on television- that sock must be so old he must smell like a cupboard by now. He’s cute though.

kay henry

Why thankyou Chan! Yes Chan- this test they’ve given you… well, you might have to reapply in 6 months time- your “temper tantrum-ometer” just exploded and we’re all suffering burns from watching it [snitch] Are you ok, Chan? your face looks a bit heated. [grrr]

kay henry

*Imagines the Moderator with their hand sitting coolly on the delete trigger…* hehe.

Chan- you seem to be feeling like this: [lmao] Perhaps I should hit you upside the head so you can look like this: [upsidedown] and feel like this: [tired]

kay henry

sis- thanks!!!

It’s true what they say- you really do get extra powers being a platinum member. These x-ray glasses are pretty cool. [specs]

kay henry

Rugby,

hehe, yes, it IS very funny Question is, can the Moderator delete ’em as quickly as Chan can write ’em? He is pretty quick, the Chan dude!

kay henry

Awwww, thanks sis :o))

I’ll have to tell [gorgeous] and [mickey] as soon as possible!

Expo-heads! Join us at the Sydney Property Expo next weekend! expo post is in Forum Fun!

kay henry

daaj,

My only concern is the name of the topic:

[shades] “Psycho-cology” [shades]

I think some of the replies reflect the topic.

kay henry

Rubba- sorry, my comments related to the market in 2004 in Australia :o)) Hence, the inversion thing.

But good to see you really got into the Monopoly notion- it’s an interesting comparison. And particularly interesting given that in the most exxy property, you used to get higher (%) rents- not so now!

But then, Monopoly was ONLY about getting…[Read more]

I think bank valuations will always mostly be done on “location location location.” Overcapitalising can be a real problem, I agree Captain. Important ideas from you in these days of the reno boom.

kay henry

That’s yield, Rubba?? No, no, my friend- that would be CG in the last 12 months… here’s why.

As we know, exxy props have more CG and less yield, and cheaper ones have greater yield and less CG. So your figures for yield need to be inverted.

Really, the utilities and railways never should have been privatised. We should have just been taxed…[Read more]

Anubis,

I was just referring to your words when you said:

“please no tree hugging hippie ideals, a solid logical argument for it.”

And then you proceeded to use very ewmotive language in your discussion.

No no, Anubis! I don’t discount your ideas because they are different to mine. I guess I was a little surprised by how you presented your…[Read more]

So chook, the most expensive one on monopoly is Mayfair? Sorry about that! I forgot the addresses and had to look them up in google this morning. Followed link to link until I came across a book called “From Old Kent Road to Park Lane”, about some guy who travelled all over England and visited all the places on the Monopoly Board :o))

Please…[Read more]

fifi- who is henry?? hehe

fifi- I have a little difference of opinion about your idea of CF+ occurring when one has paid off one’s mortgage a bit. Here’s my ideas about it.

CF+ can occur at any time during one’s mortgage (by raising rents)- but the calculation is on the price one paid, not on how much one has left to pay on the mortgage. So, for…[Read more]

Chan,

I do like democracy, and I think it’s one of those values worth keeping. If we were in a country where we weren’t allowed to vote, and had either a dictatorship or a monarch ruling the country, I think we’d really want the ability to be able to vote.

kay henry

Thanks for those “solid and logical” perspectives there, Anubis. [blink]

kay henry

Thing is, Master sis, that if our expensive properties had potential for both CG and rental yield that was CF+, well, we’d all be in there doing the CF thing. If only our $300k property got $600 a week rent, well, wouldn’t we love that?

But *someone* has to buy nice houses and apartments. To suggest a beautiful unit with views, or a lovely…[Read more]