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  1. MTR

    Huge article from Steve Keen on why prices are going to crash

    I have no idea not good with figures. All I can say is I am happy and with proposed DAs in place you can add much... more so the figures can possibly be doubled, nice one.
  2. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi Player Someone was nice enough to send me some recent stats on Melb: Northwest suburbs top the chart in Melb 1999 to 2009 Broadmeadows $105,100 $357,500 increase 240% Maidstone $155,000 $499,500 increase 222% South Melb...
  3. MTR

    Huge article from Steve Keen on why prices are going to crash

    Well done. Nothing like very low gearing.
  4. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi TF I just sacked my broker, too negative and I need someone who can help me out today. Finance is without a doubt one of my hurdles at the moment. Still there's always a way, if it means going 60% LVR for a short period of time so be it. Cheers, MTR
  5. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi Player I also wish I purchased more, that's life. Sydney is also my focus, but I am staying away from the inner city stuff as some pockets have already taken off and I don't like my chances at the moment, fighting the herd. Propertyunity has posted some info on the Sydney market which...
  6. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi Aus maybe you are not reading the posts I am reading on SS, the market is great for many. The specific deals were in reply to Topcropper post. Shoot me..... As they say the glass is half full or half empty, take your pick. Over and out. Cheers, MTR
  7. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi BC Agreed, but who would do this? This would be foolish isn't this just part of your DD. You still make money in a rising market but you can do alot better if you know what the market wants and if there is limited supply BINGO. Cheers, MTR
  8. MTR

    Huge article from Steve Keen on why prices are going to crash

    I don't believe it is rocket science but you do need to understand cycles and not get caught up with the noise. Easiest way to make money is to purchase in the early stages of a rising market. Sweet deals are out there all the time but if you don't believe it you wont find them. Have a...
  9. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi topcropper, Thanks. This is my business I gave up my day job 4 years ago, and I am your average Jill. I just see opportunities and I jump at it. I see the same in Syd now. Various areas in Melb have actually gone up 30-40%, these are areas where developers are jumping in and pushing...
  10. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi Evand. From my own personal experience investing in Melb property market and jumping in at the early stages of a rising market. I have mentioned some examples, there have also been many posts on this forum confirming growth well above the norm by locals. We may have to agree to...
  11. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi topcropper my purchases in Melb have achieved this. Broadmeadows, development sites. I purchased a couple side by side for $597K, was offered $800K yesterday by a developer but will not be accepting this as I know I can achieve about $960K. Purchased last August 2009. It's actually not on...
  12. MTR

    Huge article from Steve Keen on why prices are going to crash

    EvanD got it WRONG he missed the boat in 2009, missed out on 30-40% growth, while some want to analysis it to death, other's will jump and make money that is reality. Reports on what may, should, could happen are irrelevant, look at what is happening in Australia NOW, in some States we are...
  13. MTR

    Huge article from Steve Keen on why prices are going to crash

    Hi Peter I wont bother reading this stuff. If I followed his lines of thinking I would be well and truly behind the 8 ball and be kicking myself for missing out on some of the best investment opportunities over the last 18 months. I like Steve McKnight comments: The GFC resulted in a...
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