Yes I see what you mean Richard.  We are set up that way now with IPs but we were late starters and didnt even get into the game till our house in Oz was paid off  (living overseas for a few years back then)…..like I said , conservative 

I dont think you can generalise re the value,  it will come down to buyer preferences just like yours.  Peronally, when I look at a property I look to see if the floor is in good condition and  is something most people wouldnt be put off by.  What type of floor it is doesnt bother me greatly.

my (conservative) view is that its generally best to reduce non deductible interest as much as possible as soon as possible I think what you are saying is basically true and is also true of paying down principal …. it becomes easier to do over time.   For me avoiding reducing long term interest costs is the more powerful option.

thinkruss wrote:
hi yarpos, yeah its a bit plush…not!  They tell me its a growth region with the new power plant that is to be built there plus all the work coming up in Gladstone. I thought there might be the chance of some good capital growth. What would be your suggestion? Do those figures not stack up??

they may stack up depending on y…[Read more]

Scamp wrote:
Auction clearance rates are very low at the moment ( 15% – 30% max )But you get some exposure to the market too, which may lead to private offers after the auction.It could be worth it, IF you plan to sell for a 'reasonable price'

[/quote] sweeping generalisation re clearance rates, recent clearance rate in Sydney was about 48%…[Read more]

they are beautiful old places if you like that style (which I do)…..good luck with the project

maxxi hasnt been back yet to comment,  so far the only thing I can think of is that tax cuts may reduce wage demands therefore help reduce product input costs and contain inflation.   I only ever did economics 101 ,  so would be happy to learn more.

Wow , a McMansion in Rocky isnt cheap is it?Why do you see this as a road to prosperity?   depending on your income and how little the money is you are talking about, 360k and $340 a week could well be a boat anchor on your progress.

Nucopia wrote:
Does any one know a place that has factory seconds or cheap bathroom fixtures and fittings showers baths etc web site would be great.thanks

if you say where the reno is you may get some leads on this questionalso need to describe the starting state of the bathroom before anyone can make sense of a $1000 budget.   $1000 would be…[Read more]

HiI dont understand……how do tax cuts slow down the economy?  doesnt injecting more spendable cash into the hands of the masses keep it percolating along?….and encourage the RBA to take it away with interest rises

Hi personally I wouldnt touch this,  too complex and remote.  The clincher for me is being interstate.  Its hard enough to pull a significant reno together when you can be on site every day or every few days.    Many other opportunities are out there.PS:  I am a conservative old fart and my opinion should be viewed in that light

BenSorry that your reasonable question has degenerated into a slanging match.  This forum is usually more productive than this but the dialogue seems to have gone downhill in recent weeks.   You might want to try and message some of the people here who make sense to you, to have a more sensible conversation.

who was talking about prestige properties?   scamp is offering relationship advice and the original poster was looking at a slightly tired worst house in a good street

just one persons opinion, re the value of the thread (assume he/she meant that rather than the whole forum) 10,000+ views and 240+ responses speaks for itself reallyprobably has run its course though after many off topic wanderings,  and now comments about response formats and declarations of it being a waste of time…….we seem to be running ou…[Read more]

thats an interesting idea and one that takes a longer term view than is usual here.  Short term-ism is a fatal flaw in human design I think.  I wonder sometimes how we would approach things if we lived for 500 years and had to suffer the consequences of our actions…..politicians with a 3 year view would look laughable,  but somehow our soc…[Read more]

ormeau wrote:
What makes you feel that I went to a school of concise-ness?

its not about you ormeau, the quote(refer heading and last line) is hollandguys

we have just had a budget and it wasnt announced,  so sadly I doubt it for this year

kate2006 wrote:
Well Yarpos I have just put an offer in !  Havent told my husband yet !!!! Only in my name.  I have spoken to a couple  of friends and I will sort out something until my husband sees I am right !!!!!Gee I hope I am !

better change your forum name to "thrillseeker" I think.   I love the increasing use of exclamation marks …c…[Read more]

hollandguy wrote:

ormeau wrote:

yarpos wrote:
why do you think nobody else does their research?just because we dont have the same perspective or communicate in the same patronising ranting style does not mean we are ill informed

Why do you think I am a doomsdayer with a ones sided view of the world?

Give up on peak oil,  point taken we…[Read more]

ormeau wrote:

yarpos wrote:
why do you think nobody else does their research?just because we dont have the same perspective or communicate in the same patronising ranting style does not mean we are ill informed

Why do you think I am a doomsdayer with a ones sided view of the world?

re read your last note……what perception would you think…[Read more]