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  1. BayView

    Property risk highest in a long time

    Easy for you to say - as they say. The problem here is three-fold; 1. Cost to buy 2. Risk aversity 3. Future predictions. Most folk cannot afford to simply plonk down $500k on a massively neg geared joint like you linked to, and hope it goes up in the near future - especially given all the...
  2. BayView

    Property risk highest in a long time

    The ability to rent is always available, but at the expense of investing in something. Most folk who rent never invest in anything except nags and Tatts tickets. A few more financially sophisticated folk here on SS probably are - but this is waaay off the normal grid of behaviour. For...
  3. BayView

    Property risk highest in a long time

    Doing what?
  4. BayView

    Property risk highest in a long time

    Yes - low interest rates. No - low unemployment. As usual, the Gubb are fudging the real figures. They will quote until the cows come home about employment, but what are they counting? A person on 20 hours permanent part time? I suppose you can call it employment. Technically it is correct...
  5. BayView

    Property risk highest in a long time

    Actually, in the old days there was no 9-5...it was more like 12-14 and more, I believe. The 9-5 was brought in to give workers a life....a Unionism, I believe. As for being unruly; I reckon the best method to quell that tendency is to be able to sack slack staff who can't find work to do and...
  6. BayView

    Property risk highest in a long time

    When it comes to a finite item, the price will often continue to go up while it stays in demand...like land. Over history though, there have been loads of folk who were willing to buy cheap land in places that no-one wanted, and simply waited, or developed it.
  7. BayView

    Property risk highest in a long time

    I think you'll find that the majority of folk have either a mortgage and/or neg geared IP/s.
  8. BayView

    Property risk highest in a long time

    I reckon for this forum to be truly helpful to would-be investors (and even more experienced ones), we need to hear from both sides of the fence - completely positive and to downright negative. That way, we can all see the entire picture and make a more informed choice. It does get a bit...
  9. BayView

    Property risk highest in a long time

    Jesus H........when do I start? Labour = exercise. And getting paid shoitloads for it. Too cool.
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