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Well I am seriously looking, but not yet bought. I hope that wasn't the reason :( Good luck on the new forum turk I find you hope you find another realist to troll.

lol good chat. Finally something turk and I have agreed on. Historic moment.

There has been an improvement in some cities over the last 5 years (Adelaide, Brisbane, Hobart, etc) as prices have fallen or flat lined. As stated earlier in the thread my view here was on affordability over the last 10-15 years compared to the decades prior.

I'm not adding it. I said here "tax policies". But I don't have to include absolutely every government policy for my point to be made. Prior to the discount (at least for 15 years or so) it was indexed/reduced cost base, arguably the 50% CGT discount is far more generous (considering house...

Care factor zero. Show me where I said that. I don't care what the media pushes, it's mostly self serving rubbish. Capital Gains Tax has changed, foreign investor rules have changed, development costs have changed, lending regulation has changed, monetary policy has changed, I assume...

I just gave you an entry level suburb (Elizabeth) where prices are well below the Adelaide median and have still increased by almost 300% in 15 years. Wages have not kept up. You will find the same increase or similar in many other FHB/outer suburb areas that are well below the capital city...

Prices have gone up everywhere, in the median suburbs, in the expensive suburbs, in rural towns and in "cheap" suburbs... take Elizabeth for example (in Adelaide), outer suburbs, daggy area, entry level, median price in 2000 was $60,000, last year it was $230,000. Do you think FHB wages have...

Strawman. Go back to the Ferrari is an affordable car argument, do not pass go, do not collect $200.

I guess the 6 million more people (circa 2 million more households) added to Australia since the beginning of that chart have no bearing whatsoever. LOL. It's 2050, Australia's population has increased to 35 million, house pricses have doubled again relative to incomes (now 20x), but lookout...

The number of first home buyers does not disprove the fact that housing affordability is worse.

As usual your posts miss the point. People buy (i.e. afford) Ferrari's, but it doesn't mean they are an affordable car. Affordability is a scale and homes are much less affordable over the last 10-15 years than they were in the decades prior. Do you deny that prices have risen well above that...

On the business of property investing, your experience is likely useful to learn from, on the topic of housing affordability your experience means very little (i.e. it is not relevant). Providing some anecdotal experiences of your own does nothing to refute the facts on affordability laid out...

This article on MB has some pretty solid reasoning on why it was easier to buy a home in the 1970s/80s: http://www.macrobusiness.com.au/2015/06/boomers-have-no-idea-about-housing-affordability/ I put forward similar reasoning in an article I wrote last year...

If you put forward well reasoned arguments, then I would consider your view on it's merits. If you have a negative view on owning Gold or the future price of it then I wouldn't expect you to have any. What does having owned a lot of investment properties or not have to do with first home...

They are in the best position to address the excessive levels of speculation. History has taught us that speculators/investors can't be trusted to regulate themselves and restrain from paying ridiculous prices for assets. In some markets that isn't really a problem (e.g. tech stocks bubble and...

It was purchased as an investment, lived in as a PPOR. I don't profess to be an expert. I do have skin in the game. I don't have to own property at a specific point in time to have an opinion on it. Just as the many here who choose to take a dig at Gold don't need to own any to have an...

I have been telling you for months, you are just too blinkered to take it in. Anything that doesn't already conform to your view is automatically shut out.

Those are some huge power bills... $250-300pq here for two people & gas comes in around $250pq on top.

I am starting to see some reasonable deals around given interest rates & yields... as I said, likely to buy in the next couple of years: http://www.bullionbaron.com/2015/05/rent-vs-buy-adelaide-cost-comparison.html Haven't really missed out on anything in Adelaide over the last 5-6 years. I...

haha I was actually going to do one, but realised I've run out of new ones to post :( Some of my flights overseas have cost not much more than skater's first skates. I can do a trip to Bali or South East Asia and it could cost me less than a road trip holiday in Australia. What looks excessive...