Recent content by economist

In this industry and with today?s fast communication "Sleeper Suburbs" are a myth. In today?s market, real estate is a monolithic sloth that demands detail for profit not the flip attitude of yesterday. In really simple terms finding a property to rent and get a reasonable return in...

Ric wouldn't get a gig licking stamps in my world...he is, quite simply. an economic imbecile.

I was just warming up. What happened to the thread? Mike

Interesting thread. I have a couple of questions for both sides. KiethJ, if HJ is correct and the US defaults on debt in the coming years what would be the impact on Australia Property markets? and why. Hobo jo, we have spoken before I believe. I would like to follow your arguement...

Not 2 l8, there has been significant development in nearby Dover Gardens which has a similar demographic. The redeveloped properties are fetching between mid 3's and mid 4's. There has been a slight softening of prices recently in seaview downs with the median house price easing to 420k. However...

I really couldn't agree more. In hindsight this was one of the smartest economic moves for our nation.Thank god for commodities we are the lucky country!

Thanks for the explanation, it makes more sense now. As for a leading indicator, I haven't really thought aout it too much as ATM it's easy as the international money needs a home. Some of that is finding a home in Aus and is providing a support for the banks. I will go away and think...

As soon as I pressed the button I thought 'someone is going to track this back and ask the question about early 2000'. Here's the answer, the $AUS carry was not in play. Our currency at the time was suspect whilst the yen was robust. The international money flowed to Japan. I got in at...

Without examining the slides on the surface this analysis is absurd. I can't think for one moment that CJ would publish this without substantial backup. I'll look at the slides later but superficially. How does growth comparisons between sovereign states align with affordability? Someone is...

BC I am still in the process of restructuring my IP portfolio. You can read that as, I'm selling 50% of my properties. 4 already finalised 2 contracted and of those 1 is very likely to sell with one a little more less certain. The rest of the portfolio has excellent well employed long term...

Tafe run some basic report writing classes. They are a good place to start. mike

We are a little closer to the 7.25% pivot after the move today. In addition as mentioned in earlier correspondance the banks are increasing above the RBA cash rate. Read all the previous posts for all the details. On a brighter note the RBA will not meet until February! Guard your...

Solid. Well done. Followed your story and others comments. Based on what I read you made an excellent choice. Take a bow the Adelaide market is not for beginners given our heavily diversified market in comparison to many cities. You have choosen a robust solid suburb with mostly excellent...

AP, with M3 increasing exponentially so did the volocity of money. The collaspe Lemans was a turning point and as you correctly point volocity slowed down. Dramatically. I just reread mypost and your right it didn'tmake sense. ATM we still have an expanding M3 through various government stimulus...

Your post is so disjointed and misinformed it is difficult to know where to begin. I would say that the bull run is asset prices has few historical precedents and the corresponding expansion in money supply has NO historic precents. We do not have the highest rates in the world, far from...