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  1. MichaelW

    Eye of the Storm

    Quant easing and a devaluing USD. The US economy is still in dire straights, regardless of pending resets. They're going to be over-stimulatory for all of 2010 and maybe a touch more. Commodity bubbles will ensue... Here's some more insight out today: Bubble or Bull Run? They're...
  2. MichaelW

    Eye of the Storm

    Sure! But a quick Google would have given it to you. Google "Alt A Reset Rates" and its the first link. Its not exactly "hidden, secret squirrel stuff"... The "Coming Alt-A Mortgage Reset Bomb" Is A Myth Don't lose too much sleep over it mate. You're suffering from D&G Hysteri-opia...
  3. MichaelW

    Eye of the Storm

    Hobo-Jo, You're forgetting the most important variable with all these new resets, and that is the "price" they are resetting to. I read recently, that the US zero cash rate policy means most of these new resets to come are actually resetting to much the same variable rate now that they...
  4. MichaelW

    Eye of the Storm

    Land tax I think. Any form of trust ownership means the $400K cap before land tax kicks in is ignored and you're taxed on the whole lot. I pay $8K per annum land tax on my single IP because its held by an HDT instead of in my personal name. If it were in my name it would be land tax exempt...
  5. MichaelW

    Eye of the Storm

    No worries Jo, I reckon Australand's business model requires them to sell a few of them at completion, and tightening credit markets limit sales. Mine, on the other hand, is predicated on holding 100% on completion and letting them. Completely different model. In fact, the tighter the...
  6. MichaelW

    Eye of the Storm

    Rent increases anyone? :rolleyes: I hope you're all correct as I've secured funding to do my Mona Vale development and they'd be nicely CF+ on current end market rental appraisals when done. Constrained supply for other would-be developers can only help my personal demand/supply situation...
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