Recent content by EOTWAWKI

Express Elevator to Hell...Goin' Down Sorry folks, but the party is well and truly coming to an end. Sub-Prime in the US is just the tip of iceberg that the world economy is in the process of colliding with. I believe we are heading not for just a recession, but the second Global...

I've been in IT for almost 20 years (7 of which were with Big Blue) and have ridden many ups and downs of the industry. There have been some scary times, especially after the dot.com collapse and massive resulting job cuts a few years ago, but now things have found a happy medium and people with...

If that's true and we really are 50% over-valued does that mean we can expect a 50% decline? That's not very comforting considering we just bought a house for $300K and seeing it drop down to $150K would be very depressing, leaving us with almost 100K of negative equity! $150 was incidently...

Did it Well we did it. 3br cedar cottage on 2200sqm of flat rich-red/brown-volcanic-loam partly rainforested land in North Tamborine. Deceased estate that was never listed. We picked it up for 310k. A real 'worst house, best street' if ever I saw one. The place is solid and in good nick, but...

Hi Folks, I'm seriously looking at purchasing up in the mountains behind the Gold Coast (Mount Tamborine and Beechmont). From the hype I've been getting from the estate agents up there, the properties are in an exclusive niche market and their "values simply cannot fall" due to the limited...