John_BridgeToBricks's Recent Activity

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  1. John_BridgeToBricks replied to the thread Don't Buy Property in 2020.

    Depends how you define inflation. If inflation is a debasement of the currency, it still works beautifully. Think of the crash of the...

    2nd Jun, 2020 at 11:10 PM
  2. John_BridgeToBricks replied to the thread Property could fall 30%- LOL.

    Fair enough. The reserve was $1,050m if that helps. My pre auction estimate was close, but I was trying to illustrate a point about...

    2nd Jun, 2020 at 6:23 PM
  3. John_BridgeToBricks replied to the thread Property could fall 30%- LOL.

    I bidded at a property in Banksia, near Arncliffe on Saturday. Nice street, nice (albeit old) property, well presented. 3 beds, 1.5...

    2nd Jun, 2020 at 5:20 PM
  4. John_BridgeToBricks liked spoon's post in the thread A letter to the young people in Sydney and Melbourne.

    Young man, presumably you are as you said you are a youngster. Everything is a gamble mate! Bought a house and it turns out you bought...

    2nd Jun, 2020 at 1:22 PM
  5. John_BridgeToBricks replied to the thread Don't Buy Property in 2020.

    Great post. Why is real estate only an inflation hedge if you have a fixed mortgage? Also, I would add that well located Sydney...

    2nd Jun, 2020 at 12:12 PM
  6. John_BridgeToBricks liked Jess Peletier's post in the thread Buyers Agent Selection.

    QPIA is window dressing. Nice morals to live up to but it’s not a real qualification, as such, and not having QPIA does not mean the BA...

    31st May, 2020 at 11:04 PM
  7. John_BridgeToBricks replied to the thread Don't Buy Property in 2020.

    Boom! Exactly. Like the old Wall Street saying, "Don't fight the Fed".

    31st May, 2020 at 9:17 PM
  8. John_BridgeToBricks liked croseks's post in the thread Don't Buy Property in 2020.

    So Frydenberg is expected to announce a new stimulus package this week, $50k to new home builders... this is just the beggining guys,...

    31st May, 2020 at 9:17 PM
  9. John_BridgeToBricks liked skater's post in the thread Billion-dollar plan to escape housing's 'valley of death'.

    I don't get this. I couldn't read the article because it's behind a paywall, but this comment concerns me "The federal government is...

    31st May, 2020 at 12:35 PM
  10. John_BridgeToBricks replied to the thread RBA Quantitative Easing: What exactly is it & how does it work in Australia?.

    Plus, most modern economist are Keynesians and don't know what they are talking about....

    31st May, 2020 at 12:01 PM
  11. John_BridgeToBricks replied to the thread RBA Quantitative Easing: What exactly is it & how does it work in Australia?.

    True, although I didn't say property was the only way to weather a currency debasement, just a reliable one. You certainly benefit from...

    31st May, 2020 at 11:59 AM
  12. John_BridgeToBricks liked obiuquido144's post in the thread RBA Quantitative Easing: What exactly is it & how does it work in Australia?.

    These economists would disagree with everything you said John! :) But yes, the distinction between financial wealth and real wealth is...

    31st May, 2020 at 11:57 AM
  13. John_BridgeToBricks liked Spiralkut's post in the thread Confused about yield.

    The yield is yearly rent / property price times 100. So if you receive 350 a week on a 300k house it's 350X52 is 18200 18200/300000 is...

    31st May, 2020 at 11:18 AM
  14. John_BridgeToBricks replied to the thread RBA Quantitative Easing: What exactly is it & how does it work in Australia?.

    Great post. Just a small point which doesn't get made enough but feels relevant here: what is "money" vs "currency". "Money" is a...

    31st May, 2020 at 11:06 AM
  15. John_BridgeToBricks liked spludgey's post in the thread Is there such thing as the ideal investment location?.

    Yes, there is a perfect location. You'll know where it is in 20 years' time! On a more serious note, don't worry about perfect, settle...

    29th May, 2020