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  1. BayView

    Eye of the Storm

    Nah; easy - one guy with one AK47 can hold off about 1000 people who think they'll get the next bullet. No doubt their Gubbmint will hit 'em hard and hit 'em early in these situations and the fear this produces will quell any silly stuff. Human rights and all that silly stuff - they don't need...
  2. BayView

    Eye of the Storm

    I don't think the Banks share this point of view SF. For them, it's all about their bottom line and risk exposure. Unfortunately, a few bad apples spoil it for the rest; too many high LVR loans that have gone sour would see the Banks happily invoking the 20% deposit once again. If I was a Bank...
  3. BayView

    Eye of the Storm

    I probably should have made my post a bit clearer - the area I'm talking about is in the growth corridor of Cranbourne down to Narre Warren and around there, and applies mostly to the new tract home projects which many FHB's would look at.
  4. BayView

    Eye of the Storm

    In my circle of friends we call this the "stunner-idiot" phenomenon. She's the stunner, and we jealous males call him the idiot :D. Actually, I always want to punch the GIRL'S lights out. It's totally obvious that they are in love with the guy's wallet only in most cases. Look at the...
  5. BayView

    Eye of the Storm

    The other day I asked my MB (who is very good mates with a prominent agent in Narre Warren) how his business was going in general, and if there had been much FHB activity. His response was NO - very little FHB's, and the reasons were because the Banks were requiring genuine savings of 5%, and...
  6. BayView

    Eye of the Storm

    Based on what I've experienced recently with our business purchase, and becoming more acutely aware of how the banks are thinking these days, I can see small to medium sized businesses suffering due to lack of access to credit and borrowings. If this continues, and if the Banks continue to be...
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