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Oh, I am still here....and will be. Just been a bit busy.

exactly bene313. Money = Time. But you cannot enjoy none of it without your/families health. You ask a multi millionaire in hospital with a serious illness, if he would give up his millions for his health. They would do it in a second.

“You NEVER buy another house or property until you pay off the one you are in !!!” Perhaps he has a point. I understand that times change, however the advice of the older generations is always sound. They have lived through circumstances we have only read in books (depression, wars etc.)...

This post is filled with hatred. You are cutting close to the bone, my fine feathered friend. It is not your perogative to say whether my family respects me or not. As I said, we COMPROMISED. We didn't buy, but we didn't sell. I respected them, and they respected me. I couldn't do more...

I think it will be a drop across the board. Certain areas may fair better, but drop still.

Yes wylie, I am. I don't know anybody on this forum personally. It just so happens that, when you enter a property forum, there will be people who you agree with, and people you don't agree with. I am sure that I will post my opinion on other subject matter as well, as the days go by. cheers.

Yes, I agree. I am sure I am not being rude, and quite respectful to everybody in here. If a I am being rude and disrespectful, please tell me which post, and I will delete it. I do however believe, that it's the tone of my posts, but the content of them that is irking some people...

wylie. I like this forum, and post with the utmost respect to other posters. I do not swear or call them "idiots" as someone else did to me. Commenting and questioning a persons credibility, when we don't agree with them, is also crossing the line in my opinion. I have stated my...

Some good points, but I think your logic runs around in circles....like a dog chasing it's tail. The only thing I can say in order to answer your queries is that rents are not generally affected by this supposed "population growth", but what the "buyer can bear". Let me give you an...

Can you tell us some factors that will contribute to this ?

Well if we have different views, should we not post ?

And what exactly makes you credible ?

Also don't forget that there are people who DO NOT care about owning real estate whether it be investment properties or homes to live in. They understand that renting, in the current market, actually saves them money. They say to themselves "why pay $5000 in mortgage payments, when I can...

Yes, basically that is the reason for the boom. Easy credit, and various government grants who's sole purpose were to prop up the real estate industry. Once they do go away prices will start heading down. Also be aware of the mortgage resets, when people start refinancing their...

agree totally goldstar......

I know that in your case it wasn't a mortgagee sale. I understand that the reason he sold were due to health reasons. I said that back then mortgagee sales were quite common.....

These sorts of stories were common back then. Plenty of people were selling because they couldn't afford the repayments. Mortgagee sales were plentiful. Food for thought.

It was a standard Californian bungalow, with 3 bedrooms, lounge, kitchen area, with a big backyard. I understand what you are saying. No they did not have granite counter tops back then, but as Lizzie said earlier, household items (fridge, oven, t.v) were a lot more expensive back then.

Working mothers were VERY common in my neck of the woods. Mobile phones, and internet connections (especially internet connections) are no longer optional extras. Finland, for instance, is introducing a law that every household MUST have an internet connection in the next few years. As...

Yes it has. It keeps in line with inflation (increase in credit). When that contracts (deflation) it falls back too. Do you remember that period ? I remember a lot of people losing their house, and prices dropping quickly in a lot of areas. I remember a drop from 240,000 on a commercial...