realestateedu replied to the topic Property bust not here yet … worse to come in the forum General Property 12 years, 11 months ago
I really think it comes back to the times earning ratio ???
In the 80s a house cost 3/4 times earnings today it is 8/10 times earnings.
Forget about all the ratios and all the history and all the what ever … it is not rocket science here … it is basic maths
Steve and Dave started this site on mathamitics … investment is mathematics ……[Read more]
realestateedu replied to the topic Property bust not here yet … worse to come in the forum General Property 12 years, 11 months ago
In the old days the best investments were within 7km from the CBD of any city.Peter Spann was a huge advocate of this and he was one of the first property gurus b4 Steve and Dave 0 – 130As Kiyosaki says it is all about cash flow … growth is a bonus but cash flow is king.Always remember the rule of 724 me I would always trust a one bedroom unit…[Read more]
realestateedu replied to the topic How much worse can it get? in the forum General Property 12 years, 11 months ago
I find some interesting daily updates on http://www.goldsilver.com regarding the U.S FYI Always lots of differing opinions but the fact still remains that printing more cash is not the long term solution.There will need to a partial bring back of the gold standard in some form to settle currencies and create consumer stabilityIMHO
realestateedu replied to the topic Property bust not here yet … worse to come in the forum I’d hate to be a banker in 12 years, 11 months ago
I'd hate to be a banker in this market … what about a valuer ??
realestateedu replied to the topic Property bust not here yet … worse to come in the forum Great and very long thread 12 years, 11 months ago
Great and very long thread … so where are we now with the down grade to AA+ … bright future or challenges ahead??