OK OK, *deep breath* I admit it too…

“my name is richmond, and I was once a renter”

cheers
r

By the way. happyjak, why not develop your blocks in Merimbula and start earning some income off them?

Cheers
r

I too was classified as aggressive… but there was too much weighting given to superannuation and not enough to alternatives for my liking.

Cheers
r

Yack,

This is where the holes in your line of thinking are exposed… if coastal land in NSW and Victoria is worth so much, why are you against investing in coastal cities and towns in Queensland or other places, where you CAN still find cheap houses around 80-150k with good yields of 8.5 – 10%? WHAT IS WRONG WITH THAT?? I guess when those same…[Read more]

Let’s be honest, Melbourne’s beaches are crap compared to NSW and Qld… to get decent beaches you have to go down Torquay way or the back beaches on the Mornington Peninsula… the speccy water views are down Mount Martha way, but I must admit Yack, your area probably has the pick of the bay’s beaches IMHO. The ones, even around Beaumaris etc,…[Read more]

I’m a tiger, which kind of goes with richmond, the victorian members will know what I mean…
cheers
r

and I agree with Kay, those who are too highly geared will find themselves in strife… those who aren’t should be fine… it’s bloody common sense people!!!!

Cheers
r

wow, Monique Wakelin advocating buying only in inner-city areas… so what’s actually new in that article?

quote from the article: “She uses the comparison between two $300,000 properties – both delivering a total return of 15 per cent a year. The first property does that with 10 per cent capital growth and 5 per cent gross rental yield. The…[Read more]

Sorry, I didn’t mean smallest population out of those numbers I quoted… I was just after some general opinions…

I’d probably go down as low as 10,000, as long as the 20 year population and industry projections were okay.

Cheers
r

Hi Thayer

Go to google.com.au, type in mount isa, add different search terms such as economy and population.

See what comes back

Cheers
r

Fair enough, I wouldn’t invest in tiny towns either… but I do like provincial cities that have steady population projections and development of industry.

Cheers
r

Hi yack,

I believe Jan Somers has been investing for years, have you read any of her books or checked out her site, http://www.somersoft.com? She advocates, for the average person, that regional centres (not little one horse towns, but cities) are the way to go (at least that’s my interpretation) for a mix of CG and yield. I thought you were solid in…[Read more]

Thank you Kay…

At last, a viewpoint that offers something else besides the “media are all liars” brigade on here…

Cheers
r

Hi Kay,

In short, yes

r

I don’t know what state you’re in, but when I was buying some in Qld, I put down about $100-$500 from memory to hold 4 houses worth over 300k. The 10% thing wasn’t an issue… cheers.

r

Yes, we in the media, particularly those of us who have an input into the nightly news, have an agenda to control the economy, and society as a whole. We are soldiers in the army of Kerry and Rupert, and we do want your brains. mmmmm brains….

from richmond, a happy little media member, with very naughty aims of controlling your every…[Read more]

Deb,

I hope this doesn’t sound rude, but did you actually read all the posts? It’s a pretty comprehensive report.

Cheers
r

Um, I posted in Sept 2003… as did Westan, as did TerryW, as did numerous others… we just don’t post in the prolific numbers that a few others seem to be able to manage.

Cheers
r

Hi Pisces,

Markpatric’s statements like “Maybe money was not a priority in thier life, there are more important things” isn’t foolish, it’s true. (Mind you, money in itself is important in today’s society to meet particular needs and wants)

Now, I’m not on for an argument, so I’ll be off… *whistling*

r

I’d take on board what icrose just told you… I wouldn’t touch them with a 10 foot pole… by the way, what does it cost to go to?

Cheers
r