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and when they salt the roads, which is why cars in europe dont last long. at modern day prices tho who cares, they are just consumer durables, like fridges and houses.

where did the spreadsheet come from? would be interestign to see it. Cars in oz hold their value so well that you may as well buy new... get to the end of 5 years and flick the old bomb off to a property investor.

I would LMAO if she was an asset rich landlord with 20 IPs that was simply milking some sucker for all it was worth. The fact that she drives a car that was popular about the same time as the Bay City Rollers leads to a higher than a normal probability that she is.

not to mention the vast difference in safety and comfort. Unfortunately if some resi property investor in their falcon 500 has a brake failure and ploughs into the side of you then their savings have presented as a cost to you. Perhaps a ratcheting annual registration fee should apply to...

This is great. One less resi investor that I have to slap some sense into. My motivations for educating Aussies of the problems of resi IP are not selfless... I really think yields need to be a minimum of double and preferably triple of what thay are to reflect risk/reward. And even if I had no...

patronising to the tenants or the landlords? the comments above are serious. however your post has made me think. true charity is giving without expecting anything in return. resi landlords are giving without really knowing. It is an important distinction and as such the awards would be...

if you are the landlord of a resi property the chances are you are making a loss. You are subsidising the lifestyle of a stranger. I think landlords deserve a lot more recognition, perhaps awards for those that lose the most in order to house others. TV shows, Australia Day thank yous etc...

which is a shame because it was really cool when everyone was a millionaire just by asking. Now you have to consider small things such as cashflow, something that the majority of aussie resi property is notoriously bad at. I think re-assessment of risk and yield along with constrained capital...