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  1. M

    What happened here?

    I realise that you can lose money on property sometimes, but what on earth happened here? http://www.realestate.com.au/blog/hewitt-scores-loss-with-sale/ Eleven years! And a capital loss of 700k. Think what 3.2 million would be worth now if he had stuck in the money markets for an...
  2. M

    Interesting article

    http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/10698631/The-Welsh-dairy-farmers-who-bought-320-buy-to-let-properties-in-Sweden.html Different perspective, interesting yields, not reliant on capital gains but not subject to the ups and downs of our market. ?At...
  3. M

    anybody know the truth?

    So difficult to get a decent info. http://media.theage.com.au/property/domain/sydney-rents-surge-melbourne-flat-3446971.html http://inner-west-courier.whereilive.com.au/news/story/sydney-rent-prices-falling-to-suit-tenants/
  4. M

    Banks in a spot?

    Sounds like the banks are between a rock and a hard place......of course the hard place is a little softer thanks to Gov (tax payer) promises. http://www.businessspectator.com.au/bs.nsf/Article/House-prices-banks-mortgages-interest-rates-econom-pd20110530-HBTDJ?OpenDocument
  5. M

    More negativity courtesy of ABC national.

    National radio this morning. Anyone ever heard of 'Prosper Australia', they don't have a very positive outlook on property. A lot of this current sentiment must be starting to have an effect on peoples confidence. Confidence is all in markets...
  6. M

    "Perth property in freefall"

    Dramatic headline, http://www.smh.com.au/business/property/perth-property-in-freefall-as-price-slump-shows-no-sign-of-ending-20110427-1dwi3.html How much truth in it?, another case of "please don't raise rates"?, perhaps some of those from Perth can let us know.
  7. M

    Melbourne going South

    http://www.heraldsun.com.au/news/melbourne-home-property-prices-plunge/story-e6frf7jo-1226039922655
  8. M

    EA to work in clients best interest ?

    I recently made an application to rent a property. We have impeccable references, from previous and current landlords. We have been tenants for some years, paying anywhere from 650 to 750 per week without fail. The agent (who knew us from the current rental), said she would recommend us, I...
  9. M

    Sydney house prices to rise 22%

    http://www.abc.net.au/news/stories/2010/06/15/2926863.htm?section=justin Am I going bonkers, or have BIS been saying this every year since I moved to Sydney in 2004? 'Deja vu' all over again.
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