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So someone here is saying that investors DO bid against FHBs. Is it now OK to do so in the poor outer suburbs of Non Sydney and Non Melbourne, where you would never find a Hipster, not even visiting his grandmother.

Even before I read Jerrybee's post above, I wanted to suggest to Hobo-jo that FHBs do not buy median homes. They are poor, not like us investors with our hundreds of thousands of dollars of equity buying up above-median PPORs. I thought they tend to buy below median homes so maybe, just maybe...

That works out to be more than mine, per person. There are 4 of us at home, all sitting in different rooms using their laptops into the wee hours. Over Summer that makes two or three air conditioners going at once.

Apparently I need ten characters outside the quoted bit

Water was free if I recall correctly in the 1980s. Now I pay almost $2000 a year per property. Yes we are allowed to charge tenants for their "usage" but the water companies have stitched up the invoicing process so that about 80% of the invoice is called "supply" which landlords in Qld are...

You wont find any detached houses in most cities around the world. We all agree that the smart money is in Singapore. For example, they fit the entire population of Sydney and Melbourne combined in an area about the size of Adelaide. What is so bad about living in an apartment? Maybe we...