Search results

EXCEPT for Sydney. :)

I would suggest that it is not "due to property" but rather due to mismanagement, poor selection, over-leveraging, developing, over paying, overcapitalising, and failure to engage in risk mitigation etc. This type of scenario would not be the typical play engaged in by the vast majority of...

I'll pay that :) But I'm sure that there are some (and I emphasise the word 'some') parts of many places that are doing well really.

I am not denying that markets in some part of the country are falling. I am also declaring that markets in some parts of the country (most noteably some parts of Sydney, Central Coast and Newcastle) are still rising. I have never seen a sharemarket ASX board, even in a sea of red, not have a...

It can mean that - sure. And the rising medians in Syd & Mel can mean that people are buying more expensive houses too. Alternatively, they can mean that prices are actually rising or falling. Either way, I would not be getting too excited about a 5% increase or decrease over the course of a...

I take it that the absence of SYD & MEL in the list, don't fit in with your D&G property predictions? :rolleyes:

To borrow evand's signature line: ".....yeah but nah" Yes, I admit it is not a good look ;) BUT it has happened in many quarters in many years (you can see quite a few examples in the chart) and still the prices went up over time and the sky did not cave in :)

Well it was one whole suburb. I can do an LGA, but the chart looks pretty much the same. No data collectors separate out the sales in new Vs old buildings. However, I have only been buying, renovated in old buildings or old in need of a reno, and I have witnessed first hand the growth in these...

OK, so you say no event like what is currently happening has ever happened before....... but at the same time you are anticipating a big fall in RE prices. You're entitled to your opinion but it isn't a fact. I'm not convinced. Time will tell. PIIGS might fly :p

You must be reading the chart wrongly Thommo. The bars are the number of sales in any given Qtr. The wavy blue lines are the median prices. This particular suburb, has already exceeded the dizzy heights reached in 2003.....and yes, it has been 7-8 years coming, which is just one reason I...

Good luck :rolleyes: That LVR of 28% is going to take a hit if you are right and your properties fall 30% ....or is it just everybody else's properties that will fall? :cool: Look, I thought you were reasonably intelligent. You trade in the share market. You know what a trend line looks...

My apologies :o. I was talking June Qtr and you were talking the month of June. But really, I would not look to buy on a rise in any one particular month anymore than I would look to sell on a fall in any one month. I'd be looking at a 5-7 year trend not the day-to-day or month-to-month...

House prices are not falling (nation wide) Excuse me please, but house prices are not falling (nation wide).:rolleyes: This is the sort of irrelevant statistic that you get when you average "the Australian market" - which does not exist as a single market. From the same article: So...