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ToGetProperty, This is a common problem people have - they treat interest rates as absolute rather than relative. I'm happy to pay 18% interest for cash if by using it I can make 10% return over & above the interest I'm paying. Look for the ROI not the cost of the money. BTW: As a...

The key point is as well as their arguments. Backed by figures supporting the view from a variety of sources. Claims of 'the market is going down, it's self-evident!' or 'there are more ads in a real estate site this week - this means there must be less buyers' are false and misleading. More...

Is the broken record still playing? Prices dropping 35%....number of properties on market increasing (gee my .com shares are doing well!).....economy tanking...interest rates going through the roof...all contrary examples from others are singular cases and WON'T occur across the board but my...

Spark, True, but it may take bigger rises to influence the US economy than it is taking to affect Australia's. In fact, one of the few worries I have about the AU economy is that a 50 basis point change in interest rates causes such a large response......twenty years ago it would take a...

Peter, I think this is the only key point that needs to be addressed. Peter, you believe that you can't see how the RBA can raise AUS $ further and will want to lower it. I agree. But the mechanism for reducing the AU dollar is to REDUCE interest rates, not increase them. By...

I don't follow much of your reasoning BBG. US rates are going to rise at some point. That point will come when it's best for their economy. Until then they certainly can afford the level of capital going out. In fact the dollars going out of the US help the rest of their trade partners...

All good points Peter & I'm aware of the situation of imports versus local prices :) I'd still like to hear from Jim as you've provided your views, but I still don't know why Jim believed there's likely to be a few points rise at this time (and that's 4x the rise we've had so far - a pretty...

Jim, Bill is spot on. When the building industry slows down like this (read my Master Builder Thread), developers tend to go into hibernation for awhile. That's why they mostly contract personnel nowadays (have learnt from past mistakes). It lets them easily reduce their overheads and...

Thommo, You've seriously misinterpreted my post. I'm simply saying respectfully that not everyone shares your view. Some people when they feel they have no more chances feel they have nothing to lose by giving it another shot. My parents certainly fall into this category (they were...

I see this very different. Many people in the past - and still today - give up everything they know & own to travel across the world to find safety & security for their family. They endure hardship and take a huge risk that the new life they will find will be better than the old. I see...

Agree with you entirely suggo. Note that I have no issues with people raising cautions about markets/decisions - I do it myself all the time on the forum and in person. But I try to ALWAYS link it to suggestions about how to overcome the issues. This kind of constructive advice is what...

Frankly Suggo, I don't think LB has the capacity to be a thought leader. Otherwise I'd be reporting his constant comments about Real Estate.com to ASIC :D He certainly does like talking up the asset classes he particiapes in - and knocking all the others! We've seen about a 5%...

To respond to your consideration of WHERE immigrants come from. If you'd followed the link I provided you'd have discovered that in the last several years: The biggest source of immigrants to Australia is not Britain, it's New Zealand (17.6%). Britain only provides 9.8% or nearly half as...

But Lilith none of what you say actually affects the point that all migrants need to live somewhere. They don't need to rent/buy at the top of the market for the Aussie RE scene to operate effectively - the market isn't pulled from above. When they buy/rent below median price - other...

Lilith, I do not believe that Aussie residential property markets are highly reliant on migration at this point in time. Australia accepts roughly 110,000 migrants per year at the moment. (43,200 Family Stream, 60,700 Professional Stream, 12,000 Humanitarian) This equates to a need for...

Here's a little quote from the latest Residex report: Enjoy! Cheers, Aceyducey

Pitt, That they are involved at the level they should be - a consultative role :) Cheers, Aceyducey

I'm with Tibor here. I prefer to have decision-makers have a stake in the outcomes than be totally uninvolved. I've heard it said that only academics can afford to be totally ruthless and inhumane because they are not concerned with people but with theories. (with apologies to all the...

On what basis Peter? We certainly haven't been following them in recent months. Different business climates, different decisions by the Central Banks. Cheers, Aceyducey

Anybody out there panicking & prepared to sell their IPs at 40% below their market value MESSAGE ME NOW. I will pay you 80% of CURRENT MARKET VALUE. THIS SAVES YOU 20% you would otherwise lose - according to the least accurate property commentator in the Australian marketplace. BUT...