Search results

  1. see_change

    What happens when markets turn?

    I wouldn't be stretching myself to buy in Sydney . At this stage look at buying in a market that hasn't move much ., once it starts moving , you can refinance and buy more Cliff
  2. see_change

    What happens when markets turn?

    Our first investment was in Logan . When we started , in the last cycle , Sydney had already boomed , but like now . Cliff
  3. see_change

    What happens when markets turn?

    Last time I looked the GFC hit in 2009 . Re.com shows around a 10 % decrease in 2009 prices compared with 2008 , but bear in mind the GFC HIT TWARDS THE END OF THE YEAR and not many places sold at that time because few people were buying . Unit prices show a small drop . Being in the...
  4. see_change

    What happens when markets turn?

    If you think I'm saying I predicted the GFC , I'm not saying that at . What I did know is at some stage there would be good buying opportunities . To take advantage of this we had a LOC of over 1 mill available which we had put in place a few years earlier We watch the market on an ongoing...
  5. see_change

    What happens when markets turn?

    We always have a good buffer . We stop buying well before peaks so we know there's an in built buffer . Last Sydney buy in late 2013 When the market turned / slowed down last time , I sat back , relaxed and concentrated on doing other things , while keeping an eye on what was happening ...
Back
Top