Recent content by beeroll

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    Inner West Sydney Price Prediction Poll

    Propertunity, when does sales data hit those charts? I'm wondering if the uptick in Marrickville unit prices might be because of sales in the Revolution development, whose prices are significantly higher than other units in the area. Given the low volume, even a few sales there would...
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    House with service station as neighbour

    Benzene is not cool to have around. It's a known carcinogen, and according to the American Petroleum Institute, "it is generally considered that the only absolutely safe concentration for benzene is zero." That was written in 1948, in a report commissioned by the industry putting benzene in...
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    The US is Bankrupt

    I think you mean was a private opinion of yours... :cool:
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    a typo or a cheap apartment?

    Your reservations are well-founded: when I went to look at the property, I got a simple message: "We crashed on you". As a web developer, I have to say, um... wha? :rolleyes:
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    Is Sydney in the Media Eye?

    Was that in Malakoff St, Marrickville? - the one I mentioned in the "crazy prices" thread? If so, I was talking to the selling agent, and he claimed the two next door neighbours got into a bidding war that went way beyond reasonable - I am guessing either with a view to development of both...
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    Your Grand Childrens taxes at work.

    Actually, it will be made up largely by two things happening: 1) the breadwinner/s in that family of four won't lose their jobs, or have their hours cut back, meaning that they will pay more tax than they would if they did lose their jobs (and claim fewer benefits) 2) as the economy...
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    Your Grand Childrens taxes at work.

    Here's Ross Gittins' take on the debt. He always strikes me as a pretty sane economic commentator. YMMV ;)
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    Your Grand Childrens taxes at work.

    Agreed - but the RET scheme is specifically for households, not businesses. This isn't a government screwup - except insofar as they possibly haven't thrown enough money at hiring people to oversee the program properly - it's crooked business owners rorting the system, pure and simple - and lazy...
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    Your Grand Childrens taxes at work.

    "Stimulus" spending, in Keynesian economics, is just that - spending designed to stimulate the economy in a counter-cyclical way. Pure Keynesian theory would probably say the government would be doing just as good a job paying people to dig holes in their back yard and fill them in again, as...
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    Post up your amazing result (or stupid price) of the week

    Getting back to the original topic, this one in Marrickville Sydney is a cracker: http://www.domain.com.au/Property/Sold/House/NSW/Marrickville/?adid=2008191728 According to the agent, $360,000 over reserve - and at $580,000, I think the reserve wasn't too far out of line with what I would...
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    How to inspect an apartment?

    Hi Ken, One thing that comes up in the "FlatChat" section of Domain quite a lot is the issue of developers requiring that owners pass their body corporate votes to the developer as a condition of purchase, to get around exactly the regulations Joanna mentions. I don't _believe_ it's illegal...
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    Rates of return on IPs

    Congratulations! Well done Kathryn! Yes, I was looking at buying in Toronto when there, but as a recently arrived contractor/freelancer, I quickly realised that my finance problems would have been, if anything, worse than yours. Not a lot of low-doc lending happening in Canada - they're...
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    Not a buyers market!

    Might be happening in Adelaide, but here in inner Sydney, the land tax seems to be squeezing investors out in the affordable range - well, affordable for inner Sydney. That means apartments and houses just over the land tax threshhold of $350K (or thereabouts). So I am seeing huge discounts on 2...
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    Rates of return on IPs

    Taxes Hey AlmostBob, Great post - I lived in Toronto for three and a half years, and couldn't understand why people were complaining about how much real estate was - a renovated 2 bedroom house downtown could be had for $250,000 in early 2003 in a city bigger than Sydney and a hour from New...
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    RIP PIA for Macintosh

    Hey Kaf, Have a look at the links Zed has provided on this thread - they are to Mac based programs that do the same things as PIA, so far as I can tell, for not much money. Looked like a better option than rewriting PIA to me (in other words, I would choose to buy them myself, even though I...
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