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    Aussie Landlord shot dead in Detroit

    yeah, but he was doing it primarily for the money. this is the inherent risk in 'investing in US housing' that every Australian property shark should think about before plunging in to that particular minefield...
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    Negative gearing to go?

    it will be a bigger loss once the ALP phase out negative gearing on everything by degrees. you are living in this delusional world of thinking you can carry a loan forever without repaying the principal, and believe inflation will outstrip the debt. I wonder if you've ever modelled real...
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    Negative gearing to go?

    the dole bludgers would be in public housing, so you're not getting their money. most of them are 'dole bludging' due to the fact that demand from employers is lower than the number of people looking. then there's the high youth unemployment rate for the same reason, although most of them...
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    Negative gearing to go?

    No, it would be on any annual loss claims going forward for anyone. Not just new purchases. Unlikely to have any grandfathering provisions.
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    Negative gearing to go?

    Maybe YOU could be working on investing in productive industries instead of passive exploitative investment in bricks and mortar and someone else's income too then? Instead of just whinging about how little the govt is doing. How many software startups have you invested in inside Australia so...
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    Negative gearing to go?

    yeah, lead, hah. why not just keep on handing out that middle class welfare to you and keep you happy, what are they thinking? next thing they will be going in to bat for the battlers or something...
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    Negative gearing to go?

    How can you 'subsidise your tenant' and still make a profit if you are paying interest and principal on a full mortgage? If landlords like you WEREN'T pushing up the price of property in various areas by outbidding owner-occupiers, perhaps they would be cheaper in the market. And you NEED...
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    Negative gearing to go?

    haha, yes, freefall back to sensible prices in line with wages and salaries -- just as every other asset bubble in history has popped, this one too must pop. why do you think lending is at an all time low right now? why do you think land sales are at an all time low right now? because the...
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    Terry Ryder's 5 top hot spots in regional Queensland

    yes, but for how long wil gladstone prices remain high? you're trying to trade a large, single, illiquid asset as though it's a quickly tradeable share. not even considering costs of settlement, property transfer taxes, mortgage establishment fees, landlord's insurance, PM fees, and ongoing...
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    Terry Ryder's 5 top hot spots in regional Queensland

    With house prices rising everywhere at once in a bank credit bubble, it would be hard not to get some rises just about anywhere, surely. Notwithstanding costs of settlement, property transfer taxes, mortgage establishment fees and ongoing interet and maintenance payments on the property/ies...
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    Terry Ryder's 5 top hot spots in regional Queensland

    hmm, aren't you being a faceless tough guy? What's your name and address, 'Rooster'? I'm just querying Ryder's track record and economic credentials as a (self-interested incompetent spruiker) analyst. Certainly not attacking people who have hit tough times -- honest, working...
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    Terry Ryder's 5 top hot spots in regional Queensland

    Just looking at Ryder's success in picking 'hot spots' for supposed massive capital gain. I understand he has a new report out right now, full of anti-economic spruiking rubbish designed to keep people's enthusiasm about dead duck properties up -- e.g. he says rising interest rates shouldn't...
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    Terry Ryder's 5 top hot spots in regional Queensland

    No-one expected the periodic flooding which occurs in Qld whenever there's some decent rainfall? Wonder what all those flood markers around the place are for with the yearly high water marks. Some years of La Niña pattern weather to come, too, by the looks, so it might flood every year for a...
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    Terry Ryder's 5 top hot spots in regional Queensland

    hmm, all those towns seem to have been wiped out in the recent floods. Hope any property speculators there who listened to Ryder had lots of that expensive flood insurance -- an unfortunate on-cost with property you don't get with shares. I guess that's a lesson about making risky plays...
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