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Your market? No clue. My market? House prices are lower than surrounding areas and old stock is getting replaced by new as well as lots of new being built (all by OOs not speculators), so prices will go up for a while playing catchup. Rents are obscenely high and will probably stay that way...

You need a crystal ball for that one. There's plenty of people out there who think houses are going to go *down* in the next 3 years ... Research research research, then you'll be able to see something that is a good deal, and only buy it if you can afford it and all the numbers stack up.

Similar only if we rent our current house and include FTA/B, otherwise about $20k lower than your base. So no - we're down in the dark dismal 60% lo-doc end of things, not the nice happy full-doc world, and are restricted to much smaller numbers accordingly. Big numbers scare me. We're actually...

Nothing wrong with moving fast. We had been studiously ignoring the ad for our house for over a year, but one day had lunch at a cafe and someone had left the local property guide on the table. Sure enough, same house was STILL for sale so we went and had a look at it next day and put in an...