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Acey asked "Norm I think (not quite certain of this) that when L Bernham talks of using a P/E ratio he also is referring to using the current value of the property, not your purchase price. So the % would presumably be lower - and decrease further in a situation where CG grows faster than...

Acey wrote L Bernham supported his view that property prices would decline by 30% partially based on the fact that The Economist was reporting that rental returns in London are currently around 4%. Yet earlier in the same thread, L Bernham used a SMH report claiming UK rental returns were...

A bit more if you still interested from http://www.maspl.com.au/australianshares.asp (please note they are presenting a case for investing in shares - view in which I dont subscribe however you will find their their statistics re property are accurate) "...The fact that, rental yields are...

Acey asks " what are your reasons?" Okay here are some- (from The Economist May 31 issue) In recent years, home prices in the United States have outpaced rents, pushing the p/e ratio to record levels. Estimates of p/e ratios for Britain, Australia and the Netherlands point to an even...

LB, You still cannot support your simple claim that ""Yields will get back to normal historical averages ie 8 -10% " " Bill When I make a statement like that, isnt it obvious that its my opinion. I feel in my last 100 odd posts Ive given enough reasons as to how I draw that assumption...

Ya ya ya. hope we've finished and I can go on now. My apologies to all those Ive offended by not providing references to support my opinions and all those unprovoked personal attacks on other forum members. I have trouble finding statistics to support what I think will happen in the...

Heres a story of how one post written in a fleeting weak moment of impatience in reply to a post made with the sole purpose to demean my character and discredit my opinion can come back to haunt you time and time again.

For the record then: Unless I qualify a comment with a website link or quoting the reference I got it from, please deem this as being MY HUMBLE OPINION only. However if I say something is around a certain mark though please dont bite. I'm not going to back up every comment like...

this only happens in situations where blanket claims are made without supporting evidence 9ie: "Yields will get back to normal historical averages ie 8 -10% " When I make a statement like this, I expect that everyone knows that this is my opinion only -thats what forums are about. HAving had...

Prices rose 80% in the 12 months to September this year. But there's no way that rents will rise to that extent- thats why I said that when it doesnt it will even out one way or the other. Average rental yields dont fluctuate wildy. They are usually fair consistent either moving up slowly...

For 9 years (1990 to 1999) I was getting perhaps 4% gross in the UK. And rents barely rose in that time Maybe thats why you didnt get much of a capital gain when you sold. Over the long term, rents and capital growth should move in line with each other. Some a little more and some a little...

I thought I should add - my stat on rental vacany rates being at 3.9% for victoria wasnt far off the mark for the nation which is running at 4% according to page 80 in the SMH today. Interesting article . Mentioned that rents have only increased in line with inflation over the last 10 years...

Yes that would be excellent if we could save the personal attacks. I dont understand it. On many threads there are people posting on how good the market is an a certain area or suburb and quoting one or two examples they've experienced as if that makes the whole market. But when I say...

Suggo says "I actually think you get "picked on" because you are treating people on these forums, alot quite to very successful, as though they are dills and "dont really care what you tell them they just want to hear that what they are doing is right."" I say "funny that, because I have...

Don't worry suggo. I know the reasons I get picked on. And I admit I ask for it. Who wants to hear bad news. Its so much easier when everyone can get along and confirm one and others biases. Thats what its often all about. My friend is a financial adviser and he tells me how so many people...

Funny Acey your post describes exactly what I see others doing. I've yet to see you admit to having an incorrect opinion on this forum despite clear evidence demonstrating your views were wrong. I've already done this. I did the noble thing and admitted I overestimated the size of the...

I also read a good story from someone who worked in the WTC the day it got hit. "Bob was working away at his desk when he thought hesaw a plane coming straight to the building. At first he didnt believe it and figured he should probably get his eyes checked. As the object out of the...

Bill Why do I need to say I made a mistake. Because I have a different opinion then you? Does that make mine automatically wrong. The number of properties will not reduce if interest rates rise AND they will still keep building them to house the increase in population. Its going to be a...

sorry if I offended anyone, I forget humour doesnt always come across the way its intended in posts. Where would the assumption that I have short term views come from??? I wish people would stop doing that. Relax. Enjoy life. Dont take anything too seriously. We all end up in the same...

Here we go again. Always this attack on poor old LB. :rolleyes: I would never say anyones post was "silly" and I've seen a few that could be categorised as that. I like your humour though Acey. Will have to invest in carboard box manufacturing companies. :p Its funny how I'm still...