Recent content by jackstar

Anything north to west of main street and north of the highway. another area just south of highway but also west of the main street is good. But the west end is good as close to schools etc.

what does trolling mean?

good for you fyrbrd, what are you asking advice for, we should be asking you.

I wish I shared the optimism of others. But once the FHBG is finished, unemployment reaches 8.5% and interest rates begin to rise, why wont house prices decrease?

I dont want to hurt anyones feelings, but this is the funnyest thread I have ever read.

I live nearby to Inverloch, 1 in 5 houses are holiday homes I would imagine something similar in Inverloch. Permanent rentals offer very low returns. High turnover in house properties. The only ones really selling are at the bottom of the market, around 200-250k, often with major money being...

Units for me, you must own a jet, ot that unit.

Chief economist of J B Morgan believes FHBG leading to similar situation as US subprime, supported in part by Com Bank economist. Last night "Business Lateline" ABC. The fact that there is a house shortage becomes a little incosequential, if unemployment increases and consumers on the margins...

Ensuite big advantage, doesnt matter how big.

Sounds to me like banks are only protecting their own interests, the last thing they want is a drop in re prices, they maybe left with a lot of "toxic assets" if they start foreclosing mortgages.

Isnt this just the point, one minute you cant afford a house bring in FHBG, you can afford a house. Whilst your sister seems to have everything covered, hopefully, there are probably many who havent necessarily gained secure employment and who figure ir's can only go down so will not lock in...

Brings us back to the original thread. Is the fhbg assisting in prospective homebuyers in overextendig?

People who are unemployed find it difficult to meet rent payments, the higher the rent, the more difficult to meet.

Kevi Rudds stimulus package, first home buyers grant included, is to stimulate economy short term, very little thought for the longer term.

Is the current first homebuyers grant encouraging a situation not unlike the subprime situation? Where people who cannot otherwise afford to purchase a house are encouraged to buy. Unemployment likely to rise, if and when interest rates rise, could all lead to a flood of houses hitting the...