PropertyInvesting.com | Surrealist | Activity https://www.propertyinvesting.com/members/surrealist/activity/ Activity feed for Surrealist. Mon, 13 Apr 2026 02:43:10 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 a13ec1a02e7363af97d948419e970e5e Surrealist replied to the topic Is it worth refinancing to a smaller home lender? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401944-is-it-worth-refinancing-to-a-smaller-home-lender/#post-4636621 Sun, 21 Nov 2010 22:06:33 +0000 Yeah cheers guys interesting posts. My mortgage is 282 k. There isn't a real lot of competition in the market. It will be interesting to see what Swanny comes up with lol. Not saying it will be anything great but intrigued to see. If our loans were more readily portable from one provider to another, I reckon that alone would help competition. Or…[Read more]

]]> 6486693774bd430416a72b6f27066135 Surrealist replied to the topic Is it worth refinancing to a smaller home lender? in the forum Help Needed! https://www.propertyinvesting.com/topic/4401944-is-it-worth-refinancing-to-a-smaller-home-lender/#post-4636612 Fri, 19 Nov 2010 07:16:30 +0000 Marty I actually tried ING and i don't have enough equity in the unit yet unfortunately. But I will look into those others. I'm based in Canberra.GOM I'm paying 7.31 per cent which is actually less than the official CBA rate. But my concern is that within 12 months, CBA have risen their rates over and above the RBA rate. CBA seem to be the most…[Read more]

]]> 2c794f8554f49178d52d1a2681302bc8 Surrealist replied to the topic Where did you go wrong? in the forum General Property https://www.propertyinvesting.com/topic/4400648-where-did-you-go-wrong/#post-4628551 Tue, 27 Jul 2010 01:36:44 +0000 My biggest mistake was a I bought a property. My other big mistake was I got a uni degree. My other big mistake is I got a job.  Nothing has paid off and I now look back to the days when I was unemployed and living with the folks, apparently I was going nowhere but at least I was happy.  

]]> 899badce5370ae42832dc865ea7f6fca Surrealist replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/6/#post-4609690 Thu, 15 Apr 2010 23:23:27 +0000 At least in America I think the complete opposit is what is most often going on, namely the recovery of the market is contrived when in reality it isn't.  So people spend more, spend more of what? Their savings or credit? Comes to a point eventually when these people can no longer service their debts and the poo poo hits the fans.

]]> 5d38bfcc655a0323cd908a3429cd79d2 Surrealist replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/page/2/#post-4621363 Tue, 13 Apr 2010 05:21:14 +0000 Well in that case, it makes your comments that much more palatable as you are practising what you preach so to speak.  I appologise as well for getting a little too excited with my views. :-)

]]> 5d38bfcc655a0323cd908a3429cd79d2 Surrealist replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/#post-4621346 Tue, 13 Apr 2010 05:21:14 +0000 Well in that case, it makes your comments that much more palatable as you are practising what you preach so to speak.  I appologise as well for getting a little too excited with my views. :-)

]]> f57a73753d0405e9fe7cfa65a382a95b Surrealist replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/page/2/#post-4621361 Mon, 12 Apr 2010 23:01:06 +0000 Choices? Come on, its not all about one’s choices but one’s opportunities and environment in which choices can be made.   Have a look at the following article regarding energy costs, noting the word ‘forced’ in the first paragraph. There is very limited choice in the energy market.   http://www.dailytelegraph.com.au/money/money-matters/big-end-of-t…[Read more]

]]> f57a73753d0405e9fe7cfa65a382a95b Surrealist replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/#post-4621344 Mon, 12 Apr 2010 23:01:06 +0000 Choices? Come on, its not all about one’s choices but one’s opportunities and environment in which choices can be made.   Have a look at the following article regarding energy costs, noting the word ‘forced’ in the first paragraph. There is very limited choice in the energy market.   http://www.dailytelegraph.com.au/money/money-matters/big-end-of-t…[Read more]

]]> 69a0bf84f5d10cf75ac9e9bb3df4bdf3 Surrealist replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/page/2/#post-4621354 Mon, 12 Apr 2010 08:42:13 +0000 I sincerely hope all property investors out there pass the costs on to renters. If interest rate rises are meant to curb spending, then placing that burden upon mortgage holders alone is bloody incompetent imo. How about raising the GST? Would be political suicide for sure, but would probably be much more effective spending deterrent. I know at…[Read more]

]]> 69a0bf84f5d10cf75ac9e9bb3df4bdf3 Surrealist replied to the topic Interest Rates UP in the forum General Property https://www.propertyinvesting.com/topic/4399413-interest-rates-up-3/#post-4621337 Mon, 12 Apr 2010 08:42:13 +0000 I sincerely hope all property investors out there pass the costs on to renters. If interest rate rises are meant to curb spending, then placing that burden upon mortgage holders alone is bloody incompetent imo. How about raising the GST? Would be political suicide for sure, but would probably be much more effective spending deterrent. I know at…[Read more]

]]> bf1e2f5fb7d691799db2887dc7691597 Surrealist replied to the topic What Salary do you need in the forum Help Needed! https://www.propertyinvesting.com/topic/4398885-what-salary-do-you-need/#post-4617753 Wed, 03 Mar 2010 07:48:45 +0000 Ryan Are you using the wrap technique? That's pretty amazing how you do it on low income and no down payment, I can't think of how else it is possible. Cheers

]]> e517225832ae6eca8cd386ac549e6ae7 Surrealist replied to the topic What Salary do you need in the forum Help Needed! https://www.propertyinvesting.com/topic/4398885-what-salary-do-you-need/#post-4617751 Mon, 01 Mar 2010 11:23:02 +0000 That's an interesting anecdote there from sonyasal. One thing I've noticed here is the number of young people starting early and making a success of it – I wish I had half your wisdom at your age. I'm 39 and just bought my first and only property and its my PPOR. In retrospect I  went down a path that was clearly marked 'wrong way go back'. That…[Read more]

]]> 42d0bfdd64797c630b95d26c062f7f64 Surrealist replied to the topic October 09 Property Crash Begins in the forum General Property https://www.propertyinvesting.com/topic/4397378-october-09-property-crash-begins/page/4/#post-4609647 Sun, 28 Feb 2010 00:12:20 +0000 The Daily Telegraph is reporting people in Sydney who have bought and sold properties over the five years. Seems like a case of inflating property values and people getting sucked in to buying at those inflated prices . Anyone shed any light on this? http://www.dailytelegraph.com.au/news/our-real-estate-losers/story-e6freuy9-1225835098402

]]> ac1f0a8ef9a3ede894ab602830bdcb1c Surrealist replied to the topic Root of all evil? in the forum General Property https://www.propertyinvesting.com/topic/4398775-root-of-all-evil/#post-4617121 Tue, 16 Feb 2010 01:35:09 +0000 I feel some ambivalence toward the issue of money – interesting topic though. On the one hand, people shouldn't use their love for money (as per your bibilical quote) to disadvantage someone else. This kind of activity can take on a number of forms from selling via manipulating people, especially vulnerable people, into purchasing meaningless or…[Read more]

]]> 15abd336fda4904e1ba3573ceb74d836 Surrealist replied to the topic Property bust not here yet ... worse to come in the forum I don't get the https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/31/#post-4549037 Fri, 05 Feb 2010 22:54:04 +0000 I don't get the contradiction – on the one hand we got the RBA and economists saying rates will increase significantly this year and on the other, the fed govt's continued stimulus spending in light of an apparent slow recovery! I wonder if the rate increase rhetoric is there to produce a little fear and cur spending so rates do not have to…[Read more]

]]> 7fbef6151ba31ff3a4b6dae0ff63bd1e Surrealist replied to the topic Property bust not here yet ... worse to come in the forum General Property https://www.propertyinvesting.com/topic/4385726-property-bust-not-here-yet-worse-to-come/page/31/#post-4549032 Tue, 02 Feb 2010 04:20:51 +0000 Well the RBA held off on another interest rate rise – even though economists everywhere were predicting they would increase it by 25 basis points. 

]]> adc9f85d4c68f67eb4ae553b7bb7e0d5 Surrealist replied to the topic 20k Deposit - First Property Advice Needed!! in the forum Help Needed! https://www.propertyinvesting.com/topic/4398564-20k-deposit-first-property-advice-needed/#post-4615987 Mon, 01 Feb 2010 10:47:46 +0000 Stamp duty? Are first home buyers subject to stamp duty in Victoria? 

]]> 79ad0b1fb58c60281e2c4b153a37eea6 Surrealist replied to the topic What would you have done differently? in the forum General Property https://www.propertyinvesting.com/topic/4398557-what-would-you-have-done-differently/#post-4615929 Mon, 01 Feb 2010 02:22:29 +0000 Cheers V8ghia, appreciate your input.

]]> fef048ae0c3fb2dd8cb0231f78a8360a Surrealist replied to the topic What would you have done differently? in the forum General Property https://www.propertyinvesting.com/topic/4398557-what-would-you-have-done-differently/#post-4615927 Sun, 31 Jan 2010 21:14:26 +0000 Cheers guys, interesting tips there.

]]> e10850388f35729a2d9de1838357612f Surrealist replied to the topic Australian property market; sustainable? in the forum Did anyone see the news on https://www.propertyinvesting.com/topic/4398509-australian-property-market-sustainable/page/4/#post-4615672 Sat, 30 Jan 2010 12:04:32 +0000 Did anyone see the news on Fox tonight re median house prices in Sydney? Apparently will boom in 2010.

]]> 527b7120841e42ecaa877d94aa7bee80 Surrealist replied to the topic Australian property market; sustainable? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398509-australian-property-market-sustainable/page/3/#post-4615666 Sat, 30 Jan 2010 04:34:49 +0000 Isn't this part of the problem when interest rate rises are used to exert some control over the economy?  If the objective is to spend less, then maybe an increase of the GST would be better and more effective. The political party who does that would be committing suicide. If the property market appears to be flattening out, interest rates can…[Read more]

]]> dd1084d806a86a15f9f7e590954d86b5 Surrealist replied to the topic Australian property market; sustainable? in the forum ummester https://www.propertyinvesting.com/topic/4398509-australian-property-market-sustainable/page/2/#post-4615643 Thu, 28 Jan 2010 23:55:35 +0000 ummester wrote:

dreamtobelieve wrote:
From 1999 – 2009 wages went up from 30-50%, on averge. Houses went up around 200% on averge.A cheap mortgage now cost a third as much PA as a cheap rental.Do the maths and use a bit of logic.

Interesting, where do those figures come from? Also what do you mean by "A cheap mortgage now cost a third as much…[Read more]

]]> 5e48134aa7440637428e070fc3c00da7 Surrealist replied to the topic Australian property market; sustainable? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398509-australian-property-market-sustainable/#post-4615619 Wed, 27 Jan 2010 00:14:18 +0000 pashabulker1 wrote:
Hey thanks for your replies Surrealist/mattnz. Surrealist you say that 10 years ago people had the same arguments. Thats most probably true, people have always complained about property prices. But they say that property goes through 10 year cycles, well I would say that properties have been increasing for the past 10 years…[Read more]

]]> be0bee0b4c3fbfb634742b93972287b1 Surrealist replied to the topic Investigating IP Opportunities: Seeking Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4398502-investigating-ip-opportunities-seeking-advice/#post-4615565 Tue, 26 Jan 2010 21:39:54 +0000 Thanks marx and Joanne. Been reading through a number of threads and find some very interesting and others entertaining. :-) Joanne I'd say Canberra has changed dramatically since 1993. Your plan sounds great though. There's an interesting article in the current API magazine about a recent profitable project development in Scullin. Not sure if it is…[Read more]

]]> 5dc06fe81fa49ab16f751a2b49c5e681 Surrealist replied to the topic Australian property market; sustainable? in the forum Help Needed! https://www.propertyinvesting.com/topic/4398509-australian-property-market-sustainable/#post-4615612 Tue, 26 Jan 2010 02:47:52 +0000 I'm very new to this so my arguments are simply speculation based on hearsay and what I read.  You raise some interesting points. A person i worked with previously argued something very similar that what happened in America was due to hit Australia in the next couple of years because it is just not sustainable. Property prices have also been…[Read more]

]]> fbb4bfa406d6a9548568f1b78d4d3274 Surrealist replied to the topic hey people in the forum Opinionated! https://www.propertyinvesting.com/topic/4398458-hey-people/#post-4615261 Mon, 25 Jan 2010 20:48:55 +0000 Hey mate, welcome to the forum. I'm a newbie myself and one thing I find quite remarkable is the amount of young people that are already getting into property investing. I was brought up in a very risk averse household that ironically has shown to be more detrimental than having had taken some risk years ago,  now I'm getting on with little to…[Read more]

]]> c6a1390cee6f4072e2def04415a056f7 Surrealist replied to the topic Investigating IP Opportunities: Seeking Advice in the forum Help Needed! https://www.propertyinvesting.com/topic/4398502-investigating-ip-opportunities-seeking-advice/#post-4615562 Mon, 25 Jan 2010 20:36:29 +0000 Hi JoanneThank you for your reply and advice. Canberra is not a bad place at all. Moved here from Sydney for work. I live in the north side of Canberra though travel frequently to the south to go to Southern Cross Health. I looked at a few properties down there at the time when I was seeking but they were generally higher priced yet smaller and /…[Read more]

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