Big changes made today for overseas investors. Heres some links
» Crackdown on foreign property ownership - AdelaideNow, 24th April 2010.
» New curbs on foreign home buyers - The Australian, 24th April 2010.
» Foreigners face tighter rules on property ownership - The Sydney Morning...
Just want to give a vote for Rolf Latham, hes been quite helpful to us here in Adelaide, havent actually gotten to the point of a mortgage yet but hes been great with all the prelims etc.
I agree, when more people learn about the new google feature it will take off.
I love it because we are looking for a place with some land so scanning the rural areas is fantastic. Surely this entire scenario has already played out overseas? Im a big fan of google.
I think customer demand will...
Yes thats kinda what I was thinking, we cant really control interest rates can we? Its a global market for money and wed just get pulled along with the current. You do see a big difference at times though huh between countries, like NZ right now has much higher interest rates than us in Aus I hear.
In my view, if mortgage interest rates ever went to the mid teens again it would be a disaster, bigger than anything weve seen.
Its obvious to everyone I guess but Ive only been looking at it lately. With house prices so high many home owners will have a very large amount on loan. 15%+ on...
I dont know if the realestate.com.au listings show up?? I havent seen any, great tool though. realestate.com.au will die one day due to technology, quite a monopoly they have really.
Heres a link for the lazy...
I see room for ability to pay higher prices in -
Interest only payments
and
35, 40 or even 50 year loans.
IO would become the norm and 50 year loans are already happening overseas a lot I read.
Later retirement would also factor into this and make higher prices able to be paid off over the...
Thanks for the replies.
Dont brickwalls need to have footings though? So even if we have a slab they need to dig a trench and put rebar and concrete into that, it ends up being a lot thinker than the slab? Not sure, I think thats what Ive seen on a few building sites?
We are looking to add a new room. Sort of a parents retreat. It would go into the spot where the carport is now. Ive outlined in red the new walls below.
2 things maight affect the cost, the carport is already "under main roof" not sure if thats going to save money or make it harder for the...
We need a bigger house and my wife wants some land.
Im just wondering if nows a good time to step up, a lot of the talk here is about PR's but Im wonding about our PPOR. I can see house prices devaluing here for sure, USA homes have dropped a lot, how can Aus avoid it?
Situation is-
Weve...