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    Property ReSales

    My bad, misread it :)
  2. I

    Property ReSales

    A 20% gain in 4 months? That's my kind of recession :)
  3. I

    How do you stay motivated?

    I agree with this completely.
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    Under-quoting still happening

    ..............+1!
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    Gold price over $US1600/ounce

    Yep, a decent jump in anyone's language!
  6. I

    Wanna buy first property

    Welcome to the board and congrats on the marriage, the baby and your decision to buy a property. One question, rather than buy in Brisbane, why not continue to rent and buy an IP as per your suggestions in points 1 and 2? My feeling is that Sydney is better placed for CG than Brisbane at...
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    Having 6 out of 16 properties vacant!

    Thank God for NSW!
  8. I

    Renting out PPOR, preserving PPOR status for later sale.

    Thanks mate!
  9. I

    Renting out PPOR, preserving PPOR status for later sale.

    Sorry, I thought I was posting this in the Accounting section, can a mod please move it for me... Thanks.
  10. I

    Renting out PPOR, preserving PPOR status for later sale.

    Hi all, I am sure there is a thread about this somewhere, however my searches have been unsuccessful. I am planning on relocating for a 12-24 months and renting a house in my new location, in the meantime I will be renting out my PPOR. I am sure that I can preserve the PPOR status to ensure...
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    Buying or Renting In Small Country Town

    +1 Rent where you want to be and buy where others want to be...
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    What does "affordability" mean to you?

    Amen to that.
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    450K Sydney house for a FHB couple

    I would agree with this...
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    what makes property price in Australia (Sydney in particular) overpriced ?

    No, I am suggesting that it is a ridiculous suggestion and your ideas are unneccessarily complicated and founded on a false methodology. Exactly, most Australians have been craving a more complex tax system, you should contact the ATO and pass on your suggestions. I am abundantly aware...
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    what makes property price in Australia (Sydney in particular) overpriced ?

    There are a number of fundamental errors in your suggested 'sensible' framework. Firstly, you suggest that early losses formerly countered by NG would be applied against future capital gains in a 'sensible' system? Would these losses be indexed at the rate of inflation or would it be a case...
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    What does "affordability" mean to you?

    I think it's a matter of interpretation, silver was predicted to perform strongly over 2011 and overall it has, silver is volatile, it does not have the barriers to entry and the high transaction costs that help property remain relatively stable, naturally there will be rapid peaks and troughs...
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    What does "affordability" mean to you?

    For the sake of clarity, Hobo has stated that he has no desire to own an IP he would however like to buy another PPOR should he deem the price fair. The silver 'crash' is relative, whether it is a crash is entirely dependent on your entry point. On the whole though I would agree that silver...
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    What does "affordability" mean to you?

    Was she one of those twins on Full House?
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    what makes property price in Australia (Sydney in particular) overpriced ?

    I've said it before, I'll say it again. Bring on the abolition of negative gearing if it means that I will not be taxed on the income from cash flow positive properties. Most rental properties rarely stay negatively geared for any longer than 7 years before they become CF+, at which point...
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    What does "affordability" mean to you?

    Don't think for a second that Hobo isn't loving this. We've had a few decent discussions/debates over the last few months and I can't help but think he is like the Carlton supporter that sits with the Collingwood fans every now and again for entertainment value. Personally I like metals...
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