Search results

  1. lowb

    income growth, house price growth, and affordability

    Trying to get my head around this: 1) If the price of a house doubles every 10 years, 2) and average income doubles every 7 years (or however long), 3) won't affordability worsen and worsen as time go by? *where affordability can be measured in terms of: house price / yearly income...
  2. lowb

    New cityrail line -NSW, Sydney

    http://www.cityrail.info/networkmaps/network_map.pdf Re: Suburbs close to the stations Macquarie University, Macquarie Park, North Ryde (Epping, and Chatswood) 1) Will there be possible capital gains as the stations open in the near future? Other points of view I have heard: -Capital...
  3. lowb

    high end toilets?

    http://www.totousa.com/washlet_features.asp For PPORs, it would be such a cool thing to install. It'll be like, lets go to your house to see that toilet. Enough reason to organise a party :D But economically, how much would such a product increase the value of the property? It does have a...
  4. lowb

    When you bought your PPOR... no. of IP?

    The debates and information on the pro's and con's of (a) buying a PPOR versus (b) renting and buying more IP's have been discussed, but does this issue relate to how many IPs or how much net assets one has when one is making this decision? An case... could be this: If I were to have say 3...
  5. lowb

    PPOR vs Rent and buy IP

    Here is the dilemma... There are personal as well as financial considerations in the decision between (1)PPOR vs renting and (2)buying another IP. If (1) Buy PPOR pay of non-deductible PPOR asap. IP purchases will be on the back burner Advantages: Get to do whatever you want to your own...
  6. lowb

    BBC: The happiness formula

    http://news.bbc.co.uk/1/hi/programmes/happiness_formula/ Summary: 1. Threshold for happiness: AUD 23,600 "There is a lot of evidence that being richer... isn't making us happier" The research suggests that richer countries do tend to be happier than poor ones, but once you have a...
  7. lowb

    Election 2007: What will happen?

    Who will win? What will happen depending on which party wins? How will it affect your property investments? How will you react to the election?
  8. lowb

    What kind of things stop you from buying IPs? (non$)

    Apart from having no money! What do you do when you've got other types of work(academic, favors, housework) to do? How do you find the time to go and visit IPs and find bargains? Do you sometimes sacrifice time off (like taking a weekend off to go somewhere) in exchange for doing a reno...
  9. lowb

    What is the actual CG on your IPs?

    The property market is really a bit confusing sometimes -there is such a large difference between CGs in different cities (like up to 90%/yr in Perth and -0.5%/yr in Sydney), and even between different suburbs in the same city. There have also been sightings of bears in the eastern states...
  10. lowb

    Which type of shares to fuel property?

    To fund my next deposit for an IP, i'm trying to do short-term technical trading in speculative/cheap shares. Before I have bought blue-chips and have just held them so i'm finding this a totally different game! It seems that in the short-term share trading game, losing money fast is common...
  11. lowb

    Heroes (TV)

    This is a new TV show based on a comic. I'm hooked (so are others, its the most popular TV show in the states)! Sort of a similar format to 24, the show is broadcast in Australia by channel 7, wednesdays on 8:30pm (correct me if I am wrong). You can watch it on youtube though, search...
  12. lowb

    When do you want to retire?

    Its happened! At first, when I got my job, I was enthusiastic and wanted to try my best -and all that, you know. This year, for some reason, I've been getting tired/bored at work and am losing motivation *fast*. What comes to mind is: "When do I want to retire?" For me, I consider 'retire'...
  13. lowb

    Effect of Rural properties on Urban ones

    The conclusion is from an article I read... it says (my interpretation) that negative impacts of droughts on rural properties flow on to negative pressure in capital property prices. I've heard that capital property booms will ripple outwards, but I havent heard of rural property effects...
  14. lowb

    optometry -laser eye surgery?

    Has anyone undergone laser eye surgery to correct for short-sightedness or other eye problems; or do you know anyone that has and had a success? Personally, I know a friend who has done it and now he has perfect vision. Is it worth the cost, the risk, and the benefit?... Cheers
  15. lowb

    How many properties to look at until buying?

    Reading yet another property book (this time called "the insiders guide to buying real estate" by P.Bright), the advice was to look at 100 properties around the area and follow the actual selling price with the agent... The advice, according to the book, was to get to know the true value of...
  16. lowb

    Common? No rent in January

    Hi! Because of holidays, the PMs looking after my place have not been able to send me the rent (the rent was paid around the NYE/christmas period). Is it normal for rent to be skipped in december-january; and for 2xrent to be paid in january-feburary? Im lucky my cashflow isnt suffering...
  17. lowb

    Transferring money to the wrong account number!

    I recently ordered an account with bank_A to be closed and all proceeds to go to an account with bank_B In the letter I put in the BSB and the account number... but I made a mistake(!!!!!) and one of the digits of the account number was wrong! e.g. 1111 2111 instead of 1111 1111 What...
  18. lowb

    Electric car?

    Has anyone seen the movie/documentary Who killed the electric car? Electric vehicicles (EV) have been developed and are already commercially available. There are also plug-in hybrid electric vehicles (PHEV), which is simply a prius with a better battery that you plug into your power socket...
  19. lowb

    Bidet

    Bidets are primarily used to wash and clean the external genitalia and the anus, as well as the skin near these areas, including the perineum. They may also be used to clean any other part of the body; they are very convenient for cleaning the feet, for example. Despite appearing similar to a...
  20. lowb

    Money, it turned out, was exactly like sex...

    Money, it turned out, was exactly like sex, you thought of nothing else if you didn't have it and thought of other things if you did. -James Baldwin But it would be immoral to kill the two birds with one stone :)
Back
Top