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  1. BayView

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Kenneth, what's with the line of "&" symbols?
  2. BayView

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    I can only say that I hope all you believe comes true, Kenneth.
  3. BayView

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Kenneth, The US Govt is keeping the public in the dark and have done for decades. What makes you think the Chinese Govt will be any different? Olympic games or not. They will both hide the truth until there is absolutuely no other way they can hide it, and then they will still "spin"...
  4. BayView

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Every time the govt gets involved in the property market, it's a disaster. 1980's - removed neg gearing benefits. Wholesale off-loading of properties, causing a housing slump and rent spikes due to lack of rental properties. FHOG - fuelled another price increase frenzy, affecting...
  5. BayView

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    So Gross, is the credit score a separate actual score, or is it linked to the amount of limit on the card and the pattern of the payments on it? I have never heard of an actual "score" in Aus, while over here there are ads on tv that ask things like: "are you credit impaired; is your...
  6. BayView

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    The other reason why we won't have foreclosures like in the USA is because of our lending rules. In the States they have a "credit score" and the higher it is, the better credit risk you are. This opens up a lot more options for finance for people, even though their servicability might not be...
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