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Thanks to all for the advice and FYI.... FYI I have decided to acquire two new IPs. I say acquire as one is not a buy. You see, we bought a very large block with very old home at the very front edge of the block. Since then home is renovated into PPOR. But the deal with Wife was NEW...

So your concenr is values go flat or backwards, which Perth has seen. How much backwards? And if rents go up and rates are low, will not capital value be given a floor, provided supply is still tight? Peter

I am thinking about investing again, say two more in Sydney. And I don’t have the training or smarts to understand WW graphs but I respect his is probably right. So after applying - buy and sell to pay of PPOR, my strategy is now long term (read 25 years)- buy and hold. I see our properties...

I shoudl also put HOusing IMO is long term investment. I have IP I bought in a low rent suburb for $112k all up, in 1999. It now rents for $300 a week. Very little maintenace over that period and my rates are 6.5% ish. It is postive geared. It will only go up in rent and value. I dont...

Very deep and meaningful question here! Well put. I can only apply my “bush” economics and say: Residential property price is all about supply and demand As people have to live somewhere And assuming supply remains as is You ask “Will demand drop as income drops” IMO Yes in upper market...

I agree but one factor that has occurred is the cost of most manufactured items than housing, energy and food has gone down over the last 20 years. Cars, Whitegoods, Appliances, etc...That have moved money from these items to housing. In fact, it is because Housing construction in...

DUAL incomes In 1989 we bought first home. Lender said , without any hint of political correctness of today, "of course we cannot count your wifes income, you are about to get married and clearly will be having children a year of two" - we were 22. She was right! except it was 17 years...

With all this talk of doom and gloom rates are on-hold. http://news.domain.com.au/domain/real-estate-news/households-pull-back-spending-as-rates-bite-20100528-wixi.html?s_rid=drive:rainbowstrip:content2:31-05:06-11_everyones:householdspullbackspendingasratesbite All good to me. At...