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    House Prices Artificially Pumped By Planning

    From MacroBusiness.com.au .
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    Advise On Costing Small Development Please

    Can knowledgeable people please comment on the likely cost to build this project. It's in Ballarat (3km from CBD) on a main road next to a school & bus stop, with similar developments all around it. Suggestion from one draftsman is to build 3 x 2Br units on it, & he suggests using $1300/m2 as a...
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    Townhouses Feasibility, Suggestions Please

    I'm tossing up whether it's feasible to build two single story town houses on a block in Ballarat. There is a similar development next door (vacant block on other side). I haven't done this before & I have a meeting coming up with a draftsman. What questions should I be asking him and others...
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    Anyone interested In Sharing Subscription To RThe Ryder Report?

    Feel free to PM me, I'm most interested.
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    We'd All give You Major Kudos For This...

    I would be willing to payout major kudos to people who can provide this service to Somersoft members :) Please dig through your old YIP and API magazines. Find copies that are 5 and 10 years old and more. Scan the Price Guide pages (say 200dpi), at the back and upload jpeg's to flickr or...
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    The Media Has a Shiney New Chrystal Ball

    The media has a shiney new crystal ball inside the internet. Hit counts, page impressions, and headline keywords are the new media tools. Before the internet, news publications weren't able to tell what we thought of their work in detail. A small handful of people would write in a couple of days...
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    Stockland buys $4b site for new Melbourne suburb

    Stockland buys $4b site for new Melbourne suburb
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    Money Matters But We Fail The Test

    Money Matters But We Fail The Test I'm guessing this doesn't bode well for how people will handle increased interest rates. :(
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    Great Signature Quotes on Somersoft

    This is a light interlude :). There are some great signature quotes here on Somersoft, I'd like to have one of my own but those I have don't say what I want them to, and what I want to say doesn't flow. Anyways here are a handful of the ones I like (can't guarantee they're all current), thanks...
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    Savy Risk Management

    Understandably at the moment there's plenty of argy-bargy about the state of the housing market, both here on Somersoft and in the wider community. But what ever happens, savy investors will probably wind up wealthier in the future than they are now. Regardless of whether they are able to...
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    Melbourne Jumps Its Boundary

    Melbourne Jumps Its Boundary Watching Victoria's planning unfold under the captaincy of Justin Madden is like watching Carlton lose the '91 Grand Final all over again. What's the point in having a growth boundary if your policies allow & enchourage developers to build beyond it?
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    Safety First Yet We're Safer Than Ever

    Safety first yet we're safer than ever In the federal election the major campaigns on population were a diversion that produced policies which may now worsen our wages inflation problems according to figures in the Financial Review. And now the political race to the bottom continues in...
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    BUSTED: Banks' Fattened Margins Exposed - TheAge

    Banks' Fattened Margins Exposed
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    Survey: Mortgage Stress to Intensify if Rates Jump

    Mortgage stress to intensify if rates jump
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    No Evidence of Foreign Buyers: The Sunday Age

    The foreign real estate raider: alarming fact or urban fiction? Surely this was all pre-election distraction from the issue of the poor decission making that lead to uncomfortable house price rises.
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    Recap on The Great Depression Ahead

    I'm reading this book right now and I must say it's rather unnerving given the current economic situation... The Great Depression Ahead: How to Prosper in the Crash Following the Greatest Boom in History. By Harry S Dent. The idea of the risk to the economy from the retirement of baby...
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    These people crack me up!

    Hilarious :D
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    How Australia's banks could trigger a property crash - Article

    From: How Australia's banks could trigger a property crash - The Age
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    Very Useful Website, Pollies Pecuniary Interest Register

    I should add its all interests they've declared not just penuniary. Open Australia You can search for a federal polititian by name or postcade and see their register of interests, shares, property, gifts etc. Cool. Here is Kevin Rudds register of interests, it starts with initial...
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    What's Your Best Bet For The Market?

    Here's my best bet... Next week there are over 1000 auctions booked in Melbourne alone which is huge for June, and clearance rates are already on the wane. And everyone who was drawn into the inner suburbs by the 'promise' of capital gains has already bought. But I'm not looking here at...
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