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    "practice alone constitutes the criterion of truth" (Karl Marx)

    Weird logic is not to listen to someone who bought 67 properties while this forum could not decide which way market goes. Average CG on those newly bought properties was $97K for the last 12 months. Get the calculator and figure out how much my opinion worth. Do not forget that I am in the...
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    Those seaweeds- exactly what I mean. But it is beside the point. You hang around for a while - have you seen me ever spruiking the suburbs where I have got the properties? Even if I name one, be sure it is in reality few suburbs away. Some even tried to get me caught on this. Do you know...
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    Just search for my previous posts. In brief: - it is granted that RBA at present debt to income ratio has become a toothless tiger in terms of the rate hikes. Rates shall never exceed 5% in this country in foreseeable future. Moreover, economy is overdue for another cycle of panic rate...
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    I suppose Brisbanites will start posting pictures of Redcliffe, Sunshine and gold Coast. Few exceptions are confirmation of the rule, not the evidence against it. I have been there, have seen it, not planning to come back any time soon. Simply does not feel right. Bought couple of houses -...
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    I translate this for you into plain English: "BARGAINS DISAPPEARED".
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    Slump in the resources industry will be real blessing for the whole country except shareholders of resource companies (i.e. mostly foreigners)and $200K a year truck drivers, or $120K a year dish washers in WA pubs. Selling Australia's non-renewable resouces at today's rate equates to...
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    I do not know how many times i have to repeat the axiom: The only moving force of Australian economy that is worth taking into account is HOUSING. GDP is directly pegged to it. Whether NSW economy is service based has the same level of significance to economy as presence of water on...
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    "practice alone constitutes the criterion of truth" (Karl Marx)

    http://www.news.com.au/money/property/upgraders-push-hous e-prices-higher/story-e6frfmd0-1225824213617 http://www.smh.com.au/national/affluent-suburbs-lead-new-rise-in-house-prices-20100127-myzj.html So now stuff has finally hit the fan - 2009 brought property prices to a new record...
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