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Can't afford to have rose colored glasses in this game....too much at stake ... Okay.....but keeping LVRs tight will also make fewer people qualify for loans thus less demand for property. In my view finance is the main game....property is only the vehicle..... I agree with LVRs...

Interesting ....what you say about CBA....care to share why you think they will loosen the DSR? The reason I ask because I have noticed that CBA and Westpac have really tightened their lending criteria -i.e. no longer want to do 5% plus LMI....are you saying they will keep this and loosen the...

Great question Rick....I was solely a time in the market investor till about 2-3 years. Now also work on timing as well as timing in the market as this is the icing on the cake. If you time it well you also make great money going into a deal. With the passing of time you further maximise your...

Very scary......but it looks like the plan is unfolding.....now if only rents ratchet up..... Will be interesting to see whta happens with confidence over the next few months given the following: 1. Share market has taken a hammering....in the lat two weeks...is this just temporary? 2...

I am not a fan of newer units unless they are outright bargains.... The older units near Homebush Station (nearer to Strathfield) would be my pick....about 6 months ago you could pick up a 2 bdr for 250-260k. New units sell for 400k plus. Again....it is a matter of due diligence...

I think interest rates going up will put the brakes on most property....increase from 5% to say 7.25% is somethin like a 45% increase in repayments. Where when rates went from 6.8% to 8.8% (as it did from 2007 to 2008)...it was a 30% increase. People who bought at the borderline this time...

I don't think so. But there are some NSW suburbs like Guildford...I forget the rest....

Hi Dajackal, Great to hear that you have jumped in, had a go and made some equity and CF! Where did you end up buying?? As for mortgage stress areas.....they change. But as a quick guide....this months Your Investment Property magazine actually lists areas they think will get hit hard.

Dazz....some tidbits of the posts I have made....care to share what insights you have brought to date in regards to the residential property market?? http://www.somersoft.com/forums/showthread.php?t=49518 http://www.somersoft.com/forums/showthread.php?t=44959...

Aahh....my friend Dazz......welcome...welcome....(says the spider to fly).... So you think the stopping and starting stop watches heh??? Dire consequences that did not come true heh??? Did you read my posts carefully my friend?? Did I not say in 2007 that property will take a hit....what...

That is correct Witzl....but exactly the reason why I would not jump in....as people are paying silly prices. The papers are now reporting about a potential property downturn...watch the psychology of people as this....the PIIG situation in Europe pervades the general psyche. I love...

I believe the Hills District is fully priced for the moment due to a 100-200k in price increase over later 2009 - early 2010. Having said that this is one of the areas that will feel the IR raises...so opportunities will present given there a lot of houses with 500k plus mortgages. I also...

I typically finance with 5% deposit and capitalise LMI...so essentially borrow 97%. Watch the space on immigration....it will be an election issue....not saying it will be stopped but will definitely will be curtailed to keep the "bogan" vote. Agree on property prices not dropping in...

How time flys.... Just yesterday (2009) we were in doom and gloom about the property market....now the newspapers are screaming a boom in real estate in mid 2010. Is a another bust around the corner? Being a counter cyclical investor...I am increasingly growing cautious about the property...