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  1. lizzie

    Confidence in Australian Housing Market

    i'm with you skater. i have a short patience level and can only tolerate someone being shown step by step, fact by fact, how to achieve their expressed desire - only to have them baulk at every step and argue all the way - before i cannot be bothered with them anymore. if they are not ready...
  2. lizzie

    Confidence in Australian Housing Market

    very astute observation in regards to the direction this thread is taking. and unfortunately true.
  3. lizzie

    Confidence in Australian Housing Market

    it's not legal - full stop. it is legal in both businesses and investing if the intention is to make a profit in the future, on which you will be paying tax. if you continue to make losses - business or investing - with no profitable future, the tax office looks very poorly upon you.
  4. lizzie

    Confidence in Australian Housing Market

    even tho i have bop on ignore, i do see their comments when other's quote it ... and i am rather bemused by why bop thinks investors have done damage? investors don't buy emotionally and drive prices up, like ppor buyers. investors don't buy unless the numbers to own as an investment stack...
  5. lizzie

    Confidence in Australian Housing Market

    i haven't been able to find anything on newcastle as is all sydney focussed ... however, i do know that the house i bought in early 1988 for $74,000 (before the market rise) sold for $168,000 during the "stagnation" period. i also know that a unit a friend had sold for $40,000 at the same...
  6. lizzie

    Confidence in Australian Housing Market

    because house prices doubled in a period of around 12-18mths after the end of the 1987 stock market crash. i would've said that was a bubble. followed by nearly 10 years of stagnation. i know - i bought in january 1988, barely months before the prices jumped. imagine if today house...
  7. lizzie

    Confidence in Australian Housing Market

    each man and woman will, in their lifetime, stumble over opportunity. unfortunately, most will simply pick themselves up and go on through life as if nothing ever happened - winston churchill
  8. lizzie

    Confidence in Australian Housing Market

    ah - if only i knew half as much now as i thought i did when in my 20's .... :D
  9. lizzie

    Confidence in Australian Housing Market

    hahaha - yes! i forgot to put my sarcastic smilie on the end of my comment. :D
  10. lizzie

    Confidence in Australian Housing Market

    gosh - i can remember when an icy pole used to be 7c ... what a rip off at $1.50 now (or are they more? i don't buy icy poles anymore as i make my own fruit iceblocks). also remember, not to long ago, when petrol was under 40c/l and how we all laughed when bread went over $1 a loaf.
  11. lizzie

    Confidence in Australian Housing Market

    i thought is was pretty clear just under 63% think it's a good time to buy - but not in ALL areas jsut under 28% think it's not a good time to buy just over 10% are unsure and therefore, perhaps due to not looking so, less than 1/3rd are not looking to buy atm. 2/3rds will buy if the...
  12. lizzie

    Confidence in Australian Housing Market

    getting a little off track again - oops - but had lunch with an older friend today. we chatted about travel and we talked about a trip she took 40 years ago, in her 20's. it was a 70 day trip from england to singapore via bus. she went to all sorts of countries that you wouldn't, as a...
  13. lizzie

    Confidence in Australian Housing Market

    very true toe. back on track ... personally, i have complete confidence that the australian market will continue to go up and down and sideways, as it always had, but with a general overall upward trend over time - as it always has. it may be that the sideway'es are a bit longer for a...
  14. lizzie

    Confidence in Australian Housing Market

    5. buy your 1st house/unit in an outlying area such as goulbourn or queanbeyan and commute to work until the value/equity has increase such that you can upgrade to something in canberra - or a better property in those outlying areas as your 2nd home and something in canberra as your third. 6...
  15. lizzie

    Confidence in Australian Housing Market

    bop is being targeted because he insists on continuing with this entitlement, woe is me mentality depsite having it continously pointed out that it is his attitude holding him back rather than outside factors. a major problem is that the current first home buyers are wanting to buy the quality...
  16. lizzie

    Confidence in Australian Housing Market

    yes - i guess i was lucky. i remember being very lucky as i hung from a ladder midnight after midnight after midnight painting a little mining cottage after work - and replacing the kitchen with a self assembled flatpak - and retiling the bathroom by myself - while many others my age were out...
  17. lizzie

    Confidence in Australian Housing Market

    couple of points - from memory - in 1984 there was no such thing as a 30 years loan. 20 was the max. there was also no such thing a no-deposit loans, so one had to save at least 20% before even looking at buying - preferably 30%. there were also no subsidise by the government of stamp duty...
  18. lizzie

    Confidence in Australian Housing Market

    god helps them who help themselves ... back to the topic in hand. i have faith in the australian market. having financially been thru ups and downs and sidesway'es thru the last 25 years (omg, is it that long!) - although only as an investor for the last 10 - i have confidence that there...
  19. lizzie

    Confidence in Australian Housing Market

    ignore button is really good wylie ... :D was reading an article today in a "non property" mag about getting a head start for the next year ... and a major point was to have a positive mental outlook ... challenge your negative thoughts and replace them with performance enhancing thoughts ...
  20. lizzie

    Confidence in Australian Housing Market

    hey - this sort of thing makes me happy. bought this one for $235,000 - exchanged unconditional and settles 11/1/11: http://www.realestate.com.au/property-unit-nsw-adamstown-106856603 but with new flooring, a paint job, some new lights and door handles (max $3000), this one came on the...
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