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they'd be fools to be domiciled in ireland. they are more likely to be the bahama's biggest export

residex agrees... they are quite negative on melbourne

it is a problem that happens at the end of every bull market run because the good years have gone and been taxed and then along comes this capital loss. with all markets flat it is hard to find a gain to offset it against. $4.5m plus stamp plus interest plus agents fees plus rates etc.... I'd...

I bet these guys still cared... ouch! http://www.news.com.au/money/property/burnt-by-45m-coastal-sale-costs-investors/story-e6frfmd0-1225964563393

the inconsistency is probably due to the generally confusing outlook... I am not even pretending to have a clear forecast to convince you of. but to address some specifics: - the China thing... well there are sufficient question marks to suggest this rampant growth can't go on unabated and...

good questions BC - are they upgraders, downsizers, lifestylers, potential renters? or are they all moving to karratha and newman :)

OMG... over 20,000 listings! http://www.perthnow.com.au/business/perth-property-listings-surge-rp-data/story-e6frg2ru-1225964664717

I think it is an agonising grind for several reasons: - the 1 or 2% is a lot in such a short time frame and seems to be happening consistently - there seems to be momentum for it to continue - it comes on top of some rather dramatic falls (indeed if the sydney market had performed like this...

reasons to sell now? little or no prospect of cap gains whilst holding a loss making asset. even worse (the double whammy) is the property keeps falling in value whilst you have daily carry costs. FWIW it appears to me the momentum is for property prices to keep falling

fair enough, I thought it was accepted that the current boom can't continue. I suppose I have ridden enough cycles to know that everything is a cycle. until then - "to infinity and beyond!"

yeh ok. there seems to be a lot of reasonably priced stock - well reasonable compared to what it was worth but still shocking yield and hold costs

not sure what this means? are you saying listings are rising?

Perth house slump continues http://au.news.yahoo.com/thewest/a/-/newshome/8416284/perth-house-slump-continues/ Seems Perth could continue to be the leading indicator for real estate in this country - it had the big boom, the big bust and now the agonising grind downwards. I expect this...