R
Rod Speed
Guest
terryc wrote
Yep, its called a heatbank.
R
Rod Speed
Guest
terryc wrote
Fantasy.kreed wrote
terryc <newsninespam-s...@woa.com.au> wrote
Gagi-9a6aag wrote
kreed <kenreed1...@gmail.com> wrote
Considering how real estate went up in the early 2000's, I'm glad I did this and got in early (well very early).
same here...i bought my house in 2001.....1 year later prices jumped high up for 200%...that was a real luck
That happens in certain areas. the area has a poor reputation , but there are good streets with good houses going
cheap. It will eventually correct.
Pretty much agree with that. Its getting unaffordable for people to service, and there has to be some sort of
correction.
Way OT, but my 2c is that there is far too much money being pumped into superannuation and with shares maxed,
Easier said than done for many with real estate prices the way they currently are.
How odd that it hasnt.
T
terryc
Guest
Rod Speed wrote:
Yep, the GFC showed that didn't it?
R
Rod Speed
Guest
terryc wrote
Nope.
Nope.
R
Rod Speed
Guest
kreed wrote
Plenty have claimed that in the past and got egg all over their faces when they did.
that prices would fall, and they actually increased instead.
completely incompetant can rent everything they have.
We'll see...Rod Speed <rod.speed....@gmail.com> wrote
terryc wrote
kreed wrote
terryc <newsninespam-s...@woa.com.au> wrote
Gagi-9a6aag wrote
kreed <kenreed1...@gmail.com> wrote
Considering how real estate went up in the early 2000's,
I'm glad I did this and got in early (well very early).
same here...i bought my house in 2001.....1 year later
prices jumped high up for 200%...that was a real luck
That happens in certain areas. the area has a poor reputation ,
but there are good streets with good houses going cheap. It will
eventually correct.
Pretty much agree with that. Its getting unaffordable for people
to service, and there has to be some sort of correction.
Way OT, but my 2c is that there is far too much money
being pumped into superannuation and with shares maxed,
Fantasy.
that means funds are going to flow into real estate
Easier said than done for many with real estate prices the way they currently are.
and boost the prices.
How odd that it hasnt.
I doubt that that is going to happen. RE is maxed out
Plenty have claimed that in the past and got egg all over their faces when they did.
Fantasy.
So was that fool economist who actually sold his place and proclaimed
that prices would fall, and they actually increased instead.
Thats drivel, plenty of mortages wouldnt still have plenty of equity.
Nope.
Thanks for that completely superfluous proof that you dont have a clue about the basics.
And with the rental market very tight indeed, even the
completely incompetant can rent everything they have.
Thanks for that completely superfluous proof that you dont have a clue about the basics.
Thats not super, thats the pension.
Easy to say that after the event.On the other hand, those who invested in Silver a couple
of years back, would have a smile on their face right now
K
kreed
Guest
On Mar 14, 6:47 am, "Rod Speed" <rod.speed....@gmail.com> wrote:
I doubt that that is going to happen. RE is maxed out and has been
for the past 3-4 years.
I'm surprised that it hasn't fallen very much yet. They probably
cannot let it fall, as it would leave the banks without much equity to
back their loans and that might impact their credit rating, along with
interest rates (and the country).
A property manager at a Realty we use told me that they have sold only
5 properties since Christmas, the buyers negotiated hard and got big
reductions on those and the realty are basically living off their
property management side of the business. (which they are very good
at).
I wouldn't be putting money into shares myself as I know little about
it, and as for Super, little doubt that this will be gutted in some
way to refill the gov coffers before I get to retirement age. Might
never make it there, as it is being raised every couple of years.
On the other hand, those who invested in Silver a couple of years
back, would have a smile on their face right now
terryc wrote
kreed wrote
terryc <newsninespam-s...@woa.com.au> wrote
Gagi-9a6aag wrote
kreed <kenreed1...@gmail.com> wrote
Considering how real estate went up in the early 2000's, I'm glad I did this and got in early (well very early).
same here...i bought my house in 2001.....1 year later prices jumped high up for 200%...that was a real luck
That happens in certain areas. the area has a poor reputation , but there are good streets with good houses going
cheap. It will eventually correct.
Pretty much agree with that. Its getting unaffordable for people to service, and there has to be some sort of
correction.
Way OT, but my 2c is that there is far too much money being pumped into superannuation and with shares maxed,
Fantasy.
that means funds are going to flow into real estate
Easier said than done for many with real estate prices the way they currently are.
and boost the prices.
How odd that it hasnt.
I doubt that that is going to happen. RE is maxed out and has been
for the past 3-4 years.
I'm surprised that it hasn't fallen very much yet. They probably
cannot let it fall, as it would leave the banks without much equity to
back their loans and that might impact their credit rating, along with
interest rates (and the country).
A property manager at a Realty we use told me that they have sold only
5 properties since Christmas, the buyers negotiated hard and got big
reductions on those and the realty are basically living off their
property management side of the business. (which they are very good
at).
I wouldn't be putting money into shares myself as I know little about
it, and as for Super, little doubt that this will be gutted in some
way to refill the gov coffers before I get to retirement age. Might
never make it there, as it is being raised every couple of years.
On the other hand, those who invested in Silver a couple of years
back, would have a smile on their face right now
K
kreed
Guest
On Mar 14, 4:24 pm, "Rod Speed" <rod.speed....@gmail.com> wrote:
HEHEHEHEHkreed wrote
Rod Speed <rod.speed....@gmail.com> wrote
terryc wrote
kreed wrote
terryc <newsninespam-s...@woa.com.au> wrote
Gagi-9a6aag wrote
kreed <kenreed1...@gmail.com> wrote
Considering how real estate went up in the early 2000's,
I'm glad I did this and got in early (well very early).
same here...i bought my house in 2001.....1 year later
prices jumped high up for 200%...that was a real luck
That happens in certain areas. the area has a poor reputation ,
but there are good streets with good houses going cheap. It will
eventually correct.
Pretty much agree with that. Its getting unaffordable for people
to service, and there has to be some sort of correction.
Way OT, but my 2c is that there is far too much money
being pumped into superannuation and with shares maxed,
Fantasy.
that means funds are going to flow into real estate
Easier said than done for many with real estate prices the way they currently are.
and boost the prices.
How odd that it hasnt.
I doubt that that is going to happen. RE is maxed out
We'll see...
Plenty have claimed that in the past and got egg all over their faces when they did.
and has been for the past 3-4 years.
Fantasy.
I'm surprised that it hasn't fallen very much yet.
So was that fool economist who actually sold his place and proclaimed
that prices would fall, and they actually increased instead.
They probably cannot let it fall, as it would leave
the banks without much equity to back their loans
Thats drivel, plenty of mortages wouldnt still have plenty of equity.
and that might impact their credit rating,
Nope.
along with interest rates (and the country).
Thanks for that completely superfluous proof that you dont have a clue about the basics.
A property manager at a Realty we use told me that they have sold only
5 properties since Christmas, the buyers negotiated hard and got big
reductions on those and the realty are basically living off their property
management side of the business. (which they are very good at).
And with the rental market very tight indeed, even the
completely incompetant can rent everything they have.
I wouldn't be putting money into shares myself as I know little
about it, and as for Super, little doubt that this will be gutted in
some way to refill the gov coffers before I get to retirement age.
Thanks for that completely superfluous proof that you dont have a clue about the basics.
Might never make it there, as it is being raised every couple of years.
Thats not super, thats the pension.
On the other hand, those who invested in Silver a couple
of years back, would have a smile on their face right now
Easy to say that after the event.
T
terryc
Guest
Rod Speed wrote:
Roddles, step away from the mirror.
A
atec77
Guest
On 15/03/2011 1:18 PM, terryc wrote:
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