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  1. see_change

    People still investing in Australian residential property are just plain dumb

    I don't disagree with you comment here at all LB But MY COMMENT WAS MADE IN THE CONTEXT OF BRAINS COMMENT THAT THE SIGNS OF A PROPERTY SLUMP WERE VISBLE EVERYHERE, NOW. I don't see lots of highly motivated Vendors NOW. Every agent I've talked to has said that the Vendors they're talking to...
  2. see_change

    People still investing in Australian residential property are just plain dumb

    I'd agree with Bill here. Was having a re look at what happened in Logan at the last peak. It actually platueaxed for about three years ( some minor fluctuations, will post chart when I get some time ) before prices went down. That was at a time of High rates, and some pretty dodgy...
  3. see_change

    People still investing in Australian residential property are just plain dumb

    ABCD I suppose I shold be Glad that without my Glasses I'm legal blind, otherwise I might have seen the signs back then .... I can remember being paranoid when we were having problems getting our first subdivision though council in 1999. Took 18 months .. I was worried that we wouldn't...
  4. see_change

    People still investing in Australian residential property are just plain dumb

    The other comment I'd make is about how fickle the Media/ Commentators are in their analysis. With the 0.25% rise, we had predictions of a further 0.5% to come next year. This was as much the cause of the slow down as anything else. Over the last week I've heard three reports ( including...
  5. see_change

    People still investing in Australian residential property are just plain dumb

    Brains The Signs of a property SLOW DOWN may be everywhere , But For PROPERTY SLUMP you need LOTS OF HIGHLY MOTIVATED VENDORS and no buyers . That, I don't see. See Change
  6. see_change

    People still investing in Australian residential property are just plain dumb

    Looking at the underlying motivation behind the recent interest in property , and prior to that shares you have a common factor. The desire of a significant percentage of the population to make money. While a few have been hurt at times , the majority are still enthusiastic in their...
  7. see_change

    People still investing in Australian residential property are just plain dumb

    Hi Bill Having followed logan for about two years , 50-60 houses in two agencies is not a lot of Stock . Three years ago , agents had 2-300 each . When we were buying middle of last year all the agents had 30-40 each. Logan is a relatively large area, and my perception is that the...
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