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  1. S

    The Australian housing bubble furphy

    Tocaro, you have had 16 posts on this thread yet you resent my miniscule input. :eek: Civility and humility are unknown human traits to you. :(
  2. S

    The Australian housing bubble furphy

    Hobo-Jo is a big believer in precious metals, silver in particular. Have you checked out the silver price today? It's $37.45 and you don't have to use a micrometer to measure if and how much that has risen, even AFTER inflation. A '66 50c piece is now $12.50 melt value. It was around $7...
  3. S

    The Australian housing bubble furphy

    The Townsville market, which is all I know, is completely out of sync with the broader market. (According to RP Data my suburb has had a cumulative 2% gain in the last four years.) Any opinion I may give would be of little value so I will refrain.
  4. S

    The Australian housing bubble furphy

    The next sentence started: "But seriously....." And I'm in Nth Qld.
  5. S

    The Australian housing bubble furphy

    I have a nice big, comfortable home you could have for .6 of a mill. Easy access to the city and in a good (underestimated) suburb. The joggers shuffling around @ 6 am can be a nuisance though. :) But seriously, I bought my first house 20 years before Evan and while it would have been "above...
  6. S

    The Australian housing bubble furphy

    What if it doesn't? "Lack of buyers" is infectious.
  7. S

    The Australian housing bubble furphy

    And I'll say again my RE felt differently. Is yours better'n mine? Different markets of course but the capital I retrieved has done so well in the share market I've halved my loss. I would definately have increased my loss (considering neg cash flow) had I stayed staunch. I accept the fact that...
  8. S

    The Australian housing bubble furphy

    There hasn't been a "bust" in my lifetime. Read my sig. :)
  9. S

    The Australian housing bubble furphy

    Sorry, It just seemed to me that you were saying the buyers are too fussy and don't know a deal when they see one. just for the record, what were you saying? When I was selling last year my agent said to meet the market because things would get worse. That's what I did, but I'm a realist. :)
  10. S

    The Australian housing bubble furphy

    WOW, Bayview has come out! He is a SELLER. :D If you can, take your "property bull" hat off and reread your post. What is there which would inspire confidence in property, which seems to be your mission in life? In six weeks you have not had an offer on a cheap property. You have no control...
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