Search results

This might be a rude question, but how many do you have? I hope I haven't offended with my bearish concerns about our little place there. The way it's going, I might be sitting tight too. Not so sure I'd be keen to average down in Canberra with another.

You gotta know when to hold 'em, Know when to fold 'em, Know when to flog it... for the best offer on open day.

Well our place in Canberra hasn't sold yet, hopefully the "confidence boost" is greater than the immediate impact of retrenched public servants flocking to the exits - I would really prefer not to be going through another correction cycle...

Bloody comedians - the lot of them!

Just wanted to ask again, anyone else been asked for a rent reduction in Canberra? Apparently the going cut to get another lease signed is about 5%!

If I can take you out of context... ... You mean unscrupulous b*st@rds that are trying to find every possible way to get a dollar out of you? Yes, they do exist in all markets. If this mob believes, as on their clock, that shares are about to "rise" and commodities are about to "rise", why do...

It is (or will very soon be) on the market. Not many good places to put your chips at the moment, so paying down debt will be on the top of the agenda. I laughed a bit at the advertising of this mob today: http://iloverealestate.tv/training/ I'm particularly bemused at the "simplicity" of...

The agent got back to me today, the appraisal came in where we expected it to. The PM reckoned the other day that we won't be able to ratchet up the rent this year - she's even had a few cheeky ones ask for a rent decrease! Anyone been asked for rent reductions in Canberra? Might just be...

Yeah, the place hasn't been seeing much growth of late, I guess probably won't over the next few years either. 2020's could be interesting, but it will depend on whether the Government of the day has a centralised view of the bureacracy. With the NBN we'll all be able to live in Coober Pedy...

I guess they are only public servants - they might not consider or understand old talk about catching falling swords and such. I guess for your bread and butter you'd be hoping that it doesn't pan out too bad. Probably be more refinancing and turnover if prices were going either way rather...

Always brings up the same question though, when will they decide that the "big drop" is over and dip their toe in the water? Canberra is a funny place, any talk of cuts in the APS and the locals cry blue murder like it's the end of the world. I put a call through to the PM today. She's...

The Canberra exposure is subsidising some of the others to be honest - those public servants have always paid a bit over and above what you'd expect they could afford on rent (thems my taxes that are being spent so wisely)! More about reducing exposure as we get closer to bundying off for the...

We're thinking about paying down some of our (more recent) mortgages now - our Canberra house has had some nice growth over the many years we've owned it and may be the best to put on the market given decreasing likelihood of capital gains over the next ten years.

The stats paint a fairly benign drop in house prices at the time: http://www.canberrahouseprices.com/act-median-house-unit-price-trends

What do you think the chances are of a correction in house prices in Canberra? If I recall correctly (having not sold out at the time) post-1996 prices were hit far harder that statistics would lead one to believe.