Recent content by Baloo

  1. Baloo

    How it is done in Singapore...

    as aaarghhh said, this is an urban legend. certainly didn't happen in Singapore.
  2. Baloo

    What's the dodgiest industry ?

    When PCs first started reaching the mass market, our favorite joke was: Q. What's the difference between a Used car Salesman and a PC Salesman ? A. A Used Car Salesman knows when he's lying.
  3. Baloo

    Soft Depression? I don't think so!

    Don't think so. L Bernum had his very D&G views but presented them without too much personal abuse. Sounds more like, hmm, I forget his name. Two Up or something.
  4. Baloo

    How Nice the WA government is!

    Not at all. I have the same thoughts towards people looking for loopholes in FHOG. On NG, I'm a strong believer that tax consessions should only be offset when the investment starts to show a profit.
  5. Baloo

    How Nice the WA government is!

    Not sure I'd want my tax money being used to bail out people who over extended themselves.
  6. Baloo

    Prof Steve Keen finally gets put in his place! SMH

    If his predictions of a 0% home loan are correct then a lot of Derivex believers are going to feel vindicated.
  7. Baloo

    bankruptcy isn't an option" GM

    One of the main reasons why Bathurst, and aussie motor racing, went to V8s is because the Nissan Skyline GT-R was winning everything. I miss the days when you had the aussie muscle mixed up with the BMWs, Volvos etc.
  8. Baloo

    Wanted to buy: BHP @ $40

    Never try to catch a falling knife. I learnt that lesson the hard way.
  9. Baloo

    The $1 houses and affordability

    I'd be tempted to buy a $1 house. Fortify the building add a tower and flagpole and a loudspeaker system. Then address the area inhabitants as "My People" every day.
  10. Baloo

    Labor in office, what will happened to property investment?

    yeah, I think I can sum it up for you Kenneth. If there is a pro-ALP, or even a even comment between the parties and how they have governed in the past and how they will possibly governed in the future, you debate it and ask for qualification because you don't believe it. If there is an...
  11. Baloo

    Labor in office, what will happened to property investment?

    Some one better tell the residents of new York and London to evacuate the cities before they too implode like Sydney is just about too.
  12. Baloo

    Labor in office, what will happened to property investment?

    Kenneth, I'd say the market has already factored the ALP win in. The ALP were clear favorites to win from a year back. Downer, one of Howard's closest allies, admitted on Sunday morning that the government knew back in March that they wouldn't be re-elected. I am pretty sure the markets...
  13. Baloo

    2007 election 24 Nov

    Wont be that big a hit on the budget. At the quantities they are looking at they will score them for under $1k each with what should be a 2 to 3 year lifespan.
  14. Baloo

    Labor in office, what will happened to property investment?

    No, the regulations are no longer in place. The banking industry is now deregulated. Other examples of the regulations were, for example, you needed 20% deposit before you could get a mortgage. Investment loan rates were higher than PPOR rates. And I'm sure there are others that were in...
  15. Baloo

    Labor in office, what will happened to property investment?

    That's a fair observation. WA was the only State where I believe the Coalition actually won a seat off Labour.
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