Wealth? What as in property? I buy a house for 500k, sell it to you for 600k, you sell it back to me for 700k, have we created 200k? Is that...
Yeah, that’s the price of a castle, but if you just want a decent house, or farmhouse, then the cost of a parking space here should do. The point...
Australian property in trouble? Surprised? I live in a three bedroom weatherboard cottage on a quarter acre, an hour from the cbd. This is what...
Really? Reminds me of a mate in London in 1990 telling me he would not take a £20k hit on his £180k smart loft apartment, so he took a £92k hit...
“Tis but a scratch!”
“Another interesting point, is that inflation adjusted Sydney property prices have been coming down for many years and are at 2008 levels. By...
I would not like to be a landlord right now. It seems that the government has given almost carte blanche to tenants with no evictions for six...
Well I have already met someone who can’t pay their rent. They want to but can’t. Self employed in construction, live pretty much hand to mouth,...
Looks like someone agrees with you. Williams Warns, We're "Entering A Period Of Perpetual Money-Printing"
Wow, that's pretty fierce, I think definitely a case of 'would have been better renting'. What would the in and out costs come to on a deal like...
Here's another piece from the same site re Aussie property. These Two Charts Reveal The Extraordinary Collapse In Australian Homeownership I'm...
Noticed this rather negative write up, but then thought the actual figures don’t really seem that bad. Anyone got any first hand experience...
Perfectly put, QE = cheating basically......... short term political dodge, kicking the can on for later generations to clear up.
To be fair, an EA did tell me that Sydney retreated about 30% between 2005 and 2008 or there abouts. So if you had got in and out, not so bad.
Sometimes you have to open your eyes to a wider world to realise just how out of whack things can become at “home”. The current ludicrous bubble...
Try being self employed! A lot of self employed people have seen earnings effectively stagnate for for a decade.
Financial advisor talking his book! Unfortunately the downturn has not properly started yet, plenty metrics saying another 30% to go to even get...
There comes a point where dropping interest rates from nearly nothing to slightly less just worries people, it can appear to be 'doing something...
A house is just a consumer durable, the idea that housing can increase in value ahead of inflation and wages for ever, giving ever increasing...
To me NG is irrelevant to my property investing, it is a necessary initial cost, like business needs capital costs to start their business. You...
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