[slowachieverParticipant@slowachieverJoin Date: 2006Post Count: 34]

December 11, 2007 - 11:51 am

Good onya , 
             Commercial  I. P 's are great , less stress to look after it , GST is returned to you when you do BAS . claim form , from the
           purchase and from rents and expenses later on .
          Also Comm bank would not let me use residential IP for security on commercial purchase and vice versa.They allowed a 
          temporary short term small  LOC on the residence to assist with settlement etc.

       All the best .

[slowachieverParticipant@slowachieverJoin Date: 2006Post Count: 34]

August 12, 2007 - 12:15 pm

Hi neilvs , 

I think it also matters in which state you live,in W.A the resource
  boom is still hungry for employees , higher paid people can afford 
  more. 
  Instead of banking or investing their hard earned dollars , many 
  are out spending ; a better home , filled immediately with 
  everything new .
  Therefore demand pushing prices ( and inflation) higher.

  The resouces industry seems to be an endless pit at the moment .

  Which in turn makes things very difficult for someone not on these
  higher incomes.

   Yes I think you are probably right to say a combination of things 
    causing the current state of affairs.