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  1. Bill.L

    Glenn Stephen's comments this week

    Hi WW, 2012, December quarter. Didn't you see the movie?? :p bye
  2. Bill.L

    Glenn Stephen's comments this week

    Hi all, Red rag to a bull....er bear. :p bye
  3. Bill.L

    Glenn Stephen's comments this week

    Hi Sunfish, Firstly, you know that I am not a perennial bull from a few threads a few years ago. Secondly, that was a poor example to point to. That young couple will do very well by holding. They are not over their heads, the rents will rise, their incomes will rise, the loans will stay...
  4. Bill.L

    Glenn Stephen's comments this week

    Hi all, Sunfish, Absolutely correct. However it does not mean that prices are not rising, they are because most believe in median figures and make price rises self fulfilling. The likely effect of the FHOG was something I mentioned last year. Property being a slow moving beast (in...
  5. Bill.L

    Glenn Stephen's comments this week

    Hi all, The real question is do they want to solve the housing shortage?? Keeping house prices high makes lots of voters happy. FHB and wannabees only make up a small proportion of voters. Too much housing could make prices fall, lots of unhappy voters. What politicians say and do are not...
  6. Bill.L

    Glenn Stephen's comments this week

    Hi all, This sums up what is happening and the entitlement mentality that some have. It is from todays "Age".... full article.. http://www.theage.com.au/national/the-rental-pressure-cooker-20100402-rjvb.html There is someone who went the cheap route of renting, yet could have easily afforded...
  7. Bill.L

    Glenn Stephen's comments this week

    Hi all, SYDB, I had to travel 90 minutes each way when I first started fulltime work 30 years ago, so what do you consider as "reasonable" ?? These statements are a little contradictory. I don't know of any investors in Res property who don't have it on the market for shelter...
  8. Bill.L

    Glenn Stephen's comments this week

    Hi Keith, I think that is exactly what SYDB was getting to, but much higher than 10%. This is another D&Ger on property prices, who believes they should be allowed to purchase cheaply. The constant media stuff about affordable housing, and helping young buyers, helps perpetuate the myth of...
  9. Bill.L

    Glenn Stephen's comments this week

    Hi all, SYDB, Can one of the negative people about property prices please point to where it says that everyone has a god given right to own property close to where they want to be?? The population is growing, the demand for property is growing. There is still affordable property, just...
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