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How do you kill these flying ****ers?

Quiz: Who said this and in what year? "It breaks my heart. But I don't want to live my old age in poverty and there's no point in paying a mortgage on an asset that is going to fall by 40 per cent or so in the next few years."

Pity the doom and gloomers who thought property was going to come off 50 odd SQm for 740k http://theage.domain.com.au/real-estate-news/record-smashed-in-sydneys-famous-laneway-20140208-328ig.html

Will we see 30+% decline in value like gold has crashed or are these guys simply wrong Note sep 2011 date http://m.smh.com.au/money/investing/deflating-speculation-on-the-property-bubble-20110917-1kepn.html

Discuss

How low will it go? Quite a smash fest over the last few days with panic selling forcing it down another 13%, the largest fall ever occurred on Monday also. For me was always a dud investment with zero yield, nil chance to buy under market, zero chance to add value, zero ability to live in...

A mate of mine's an RE in Melbourne and they had some solid results for auctions yesterday when there were up to 7 different bidders with reserves easily surpassed. Has been very quiet the last couple of years in bayside but maybe on the move a little now. 7 bidders means 6 missed out and are...

Anyone see it? I see that ***** cruising round in his red 430 Ferrari and also riding down beach road.

on my PPOR came at 7% above the price just before the GFC, what 3 years? So if I sold at the peak (ala my legs ache keen) and then put the coin in bank, after paying tax on the interest and renting a comparable house, I'd be in fact behind. Not to mention the SD cost of buying back in and the...

I have a cnr block site with an old 50's brick veneer where the renters have happily paid to live for the last 6 years. I've just removed a large tree in the backyard and am thinking its time to look at building. Not really interested in whole process at this stage, but am wondering has anyone...

http://m.theage.com.au/entertainment/art-and-design/the-worlds-worst-art-restoration-or-street-art-by-seniors-20120824-24qa0.html How this woman was let loose on 100yr old art is unbelievable, but strangely funny

I have a VISA balance of about 31k on my card as a result of private school fees, travel and tax. I've just put in a request for a new card from Westpac where the balance is transferred (plus a little bit more) to a new VISA card from WESTPAC where there is interest free for 6 months...

Spend a bit of time down that way (portsea to blairgowrie) over summer each year and always keep an eye on the holiday house market as this typically cops a hammering when market sentiment drops (as it is now) Interestingly, a house not far from the inlaws with nice views of the bay that cant...

A while ago I went to a Westpac "information" night on investment. An interesting snippet of information was where Aussies have all their private wealth tied up. No1 was, you guessed it, their PPOR. No2 was....have a guess

My parents live in coastal town and are mid to late 80's. I have an undrawn LOC's of about 700k. If I lend them the money and they pay interest to me is there any down side apart from the opportunity cost of the lend to me that anyone can see? That money is set aside for ip's purchases etc so...

I see the precious metal bubble has started to pop. 15% in 3 weeks off its high I believe and silver is off 20% with more to come looking at the futures. Gee I'm glad I didn't buy those gold ingots, that were being spruked for the pending end of the world as the only form of currency. I...

Just saying..

over the last 6 months, a solid 5% drop of my total property portfolio of $4m+. Fortunately, the 18 months before saw a rise of about 15% so that would mean I'm 10% up, less inflation, less my small NG component +the devaluing of my debt against inflation etc. Fortunately, I've been in the game...

Seems Aussie now are a bunch of savers, an age article I read said we are saving now as much as the 1960's - something like 10% of income. A legacy of the recent end of the world? discuss..

Did anyone see the ABC news tonight, Alan said that personal debt levels had retreated over the last 18 months at the fastest rate ever. Source : commsec I think I thought the end of the world was fast approaching and that we were destined to have 40% decline in house prices as a result of...