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But you have to be convinced in your own mind (just am I am in mine). Having said that I have nothing to lose if I'm wrong. Thanks for the comment Propertunity. My only concern over these types of posts in a real estate forum is that would I be right in assuming that most people on this...

:confused: You lost me. How is the FHOG a bargaining tool? thanks for the comments propertunity. What I meant was that we could say to the owner that we can offer them an extra say 5k now than what we could in say January or even October. So maybe this on top of what you said about the...

Y-Man I like it! Kinda of like the movies you see where the kids dont want the house to sell...lol. The area does have and will probably have low capital growth for the short term, however the demand for rental properties is very high. So we are thinking that we will buy this unit then rent...

I am currently thinking of buying my first unit in North Parramatta however I was going to wait until the beginning of next year to see if the market drops. The info I am getting is that it will actually grow next year? Any advice? I am eligible for the FHOG however I am not convinced...

Hi all, I have just moved into a rental property in North Parramatta with my wife paying $360 for a 2br 1bath 1garage. The unit is really nice and we talked about making the owners an offer early next year once the FHOG finished (even though we are eligible). However the owners have...

Thanks for the comments. Just to sum up what people have written: Ausprop - sorry don't understand (may have been at the pub when written) Property Unity - Very good answer, cheers Bayview - Offers good opinon quoll - funny big tone - funnier PropertUnity - missed the point - probably...

By the way. I have a good friend that just bought a 3br Villa at Casuarina Beach at Kingscliff, Northern NSW. It is one block from the beach and cost him 345K down from 600K(apparently). Also have a friend that lives in Inverell, NSW - just bought a new 3br unit for 220K or 195K after FMOG...

Hey all thanks for the comments. I think some of you may have missed the point of the post. I was trying to get some opinons of what you think the market will do in Australia. Sorry I should not have mentioned the 350k - 5 bedroom house in a high unemployment area...lol It appears that...

The book was written in May last year and published in December.

Hi All, I have just finished reading Harry Dent Jr’s book ‘The Next Great Depression’, and he states that US housing prices will correct themselves in line with 1997 prices. What do you all think? He believes that housing prices have increased too fast in comparison to building costs and...