Search results

Basic math will tell you how much money these families are wasting on the "essentials", and the reason for them struggling. eg Foxtel $80/mth, Ciggies/Beer $150/mth Maybe some of these families are the same dopey ones that voted Labor and Greens to save the planet from warming. So...

Why do we keep entertaining this loser. The guy is either on here taking the **** out of everyone, or is actually that clueless about getting ahead in life. Beebop, getting into property is possible (your calculations are completely incorrect). You can either continue with your victim...

I can assure you the without negative gearing your rent would be going up to cover costs. What you don't realise is that negative gearing is effectively a way for the government to subsidise your rent, and make it cheaper, rather than the government having to build more public housing. If you...

Yeah. I was working for one of the financial institutions, and you could also see the figures on the margin-lending products increase hugely in late 2007-early 2008. Public getting in on margin-lending (and staff sucked in by "discount rates"), increasing leverage to make huge dollars, haha...

Like Capital Gains didn't grow on trees. Like I said before, making money in property the past 10-15yrs has been dead easy. Anyway who thinks otherwise is deluded. Good for you that you made 2.5 time biggles, . But will this continue, I very much doubt it.

I doubt that. 7yrs ago puts you smack bang into the period after the 2000-2003 spike in Sydney. even Somersofters would agree Sydney has been flat, but there still have been some gains. I would say it's much easier NOW, then 7yrs ago. We don't rely purely on capital gains. The point it, you...

Beebop, reading your posts, there will always be people like you who think everything in life is too hard. Get a $230K simple place ($160-$180K loan - given all the FHOG grants). Even at 10% interest your repayments are $1600/mth ($800/fortnight) - reducing as you pay the loan down. Pay...

That's rubbish whatever123 Funny, we are in that ago group, started in property 7yrs ago, have 3 now. Partied/night clubbed Went to China/Thailand for 3weeks 3yrs ago. Went to Europe for 1mth 2yrs ago. When to Egypt/Jordan/Tanzania for 1mth last year. Perhaps other 20-35 year olds expect to be...