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100 basis points RBA cut
FYI Bedsit in my building listed 2 month back asking $249k , sold after 4 weeks, dont know number Another Bedsit now listed at $269k. Form this the other must have got around the mark but I will watch the listing. FYI these rent for $300 plus a week. Peter- Peter 14.7
- Post #154
- Forum: Property Market Economics
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100 basis points RBA cut
What the coordianted World Banks interest rate drops says to me is everyone accepts that it is world problem, and are willing to do something about it. This is very encouraging and one of the points I see that this time will not be 1930 because technology and globalisation means we are all...- Peter 14.7
- Post #151
- Forum: Property Market Economics
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100 basis points RBA cut
Rents Increasing? For my IPs I am seeing rents go up quicker, than I can move then up.:eek: For instance: My two IP at Melton Vic renting originally 12 months back (when bought) for $240 a week. 3 bed moved to $250 in three months and 3 bed to $250 in 12 month. I just put up the rent...- Peter 14.7
- Post #131
- Forum: Property Market Economics
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100 basis points RBA cut
Off dear.... Blind Freddie could have seen that last month needed a 0.5% drop and not a piddling 0.25%. Now panic stations at 1%. I have visions off “man the pumps, dam the torpedoes!”:eek: What this says to me is RBA had no idea. RBA use to be savvy Governor changed so… New Governor...- Peter 14.7
- Post #62
- Forum: Property Market Economics