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    20K accelerated depreciation help

    If its over $20,000 then you can't use accelerated depreciation.
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    Sydney Market at top - calling a severe correction in 2018-2019

    The Mirvac Harold Park development is pretty much Glebe, which will be 1250 townhouses/Aparments when complete. Ashmore Precinct which is considered part of Erskinville is planned for about 3000 residences. Very early stage but I believe some land holdings in the area have already changed...
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    Advice on property in Waterloo

    I'd look into what the surrounding existing stock is selling for. I think it sounds like a high price for the size of the apartment. Remember its new now, but in 5 or 10 years it will be the old building. Also keep in mind that, I think there is like 50,000+ apartments still to be built in...
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    APRA - Announcement on Prudential lending

    I think the regulator is taking issue with the prevalence of investor loans, percentage of Interest Only Loans and level of high LVR loans. Banks don't need to change policy for standards to drop, they can even tighten policy but standards drop because they take an increased proportion of...
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    Tanking AUD effects on housing market

    It depends on their motivations for buying here. If its to get the money out of their home country, then its likely to continue. If its looking purely at returns, I think they might find better deals elsewhere. The yields aren't great and negative gearing offers no benefits to foreigners if...
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    APRA - Announcement on Prudential lending

    http://www.smh.com.au/business/banking-and-finance/financial-regulators-united-in-attack-on-risky-loans-20141209-123jjx.html I think they are doing the necessary posturing prior to cutting rates. I think they may be stepping up the timeline of macro prudential inline with the increasing...
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    Tanking AUD effects on housing market

    1. People tend not to buy in a falling market, if they believe they can buy the product cheaper tomorrow which is the same effect a falling dollar will have for foreigners. The dollar has a long way to fall. 2. Foreign currency could provide a massive swing against those currently invested...
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    What IF: Rates up...Boom over....That leaves Rents?

    I wouldn't expect rents to increase in the initial phase. From my point of view, we have finally hit a phase where we are constructing a reasonable amount of new stock, this is being supported by the current growth in prices. Too me this is likely to contain rents. Where I think you might...
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    Plumber call out - Strata vs Owner responsibility

    I don't think you could compel strata to pay. It's ultimately not their issue that you had a plumber to come out and check your own installation to find it was fine. I'd say they are only compelled to rectify the common issue. That's why it's always helpful to ask the question "is anyone else...
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    See Change and Richard Feynman . let's hype the sydney market thread .

    It was 70.5% from 670 reported. Article from last night http://smh.domain.com.au/real-estate-news/rundown-deceased-estate-in-clovelly-sells-for-610000-above-reserve-20141206-121o3q.html.
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    See Change and Richard Feynman . let's hype the sydney market thread .

    Any thoughts on the Median / Prices being achieved? I think last week was ~850 auctions @ 70% clearance. This week its 1050 (200 more auctions) @ 75% clearance rate. Are buyers stepping up, or are sellers meeting buyers? As far as medians go, I think last weeks median was also $950K (not...
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    See Change and Richard Feynman . let's hype the sydney market thread .

    Anyone got the preliminary clearance rates for this weekend yet? Cant find it in the normal spot.
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    Budgeting for maintenance costs on an IP

    Is that a house or unit? $1k / year must be a really cheap property?
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    Melbourne Rental Market

    In Sydney, it really depends on the suburb as to whether rents are going up, down or sideways. I have some friends looking in Sutherland and it definitely seems like rents have weakened. Don't take too much notice of asking prices as some decent discounts were being offered. (Sutherland does...
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    Compulsory Land Acquisition & Tax?

    There is a size limit on this isn't there? Which means larger rural properties usually aren't wholly tax free.
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    Noise from town cleaners

    I think you'll find there are exceptions to the time restrictions.
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    macroprudential tools on the way to curb investors?

    The average Mum and Dad investor (1-2 IP's) have a less diverse portfolio and less diverse income streams. Their salary and the rental income from their single IP are chunky parts of their income. For someone with a larger portfolio, their salary and rental income from individual rentals form...
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    Most Australian?s have a variable rate home loan

    Fixed rates are an issue if circumstances change and you need to or want to sell. There's still risk in fixing from the break costs and not just of rates dropping afer you have fixed. I'd say that would be a significant reason people don't fix for long periods...
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    Australia 'at the front' of growing subprime mortgage market

    Pretty hard pressed finding a newspaper that's not biased in Australia. You just have to ignore the bias.
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