Hi Snowwhite
What makes you think your house will increase by 40% in three years? I kinda agree with you but have no particular reason other than a gut feeling.
brisbane what is going to happen now?
- Thread starter keneth
- Start date
Hi Snowwhite
What makes you think your house will increase by 40% in three years? I kinda agree with you but have no particular reason other than a gut feeling.
Whaaaa..??? What do you base this on?
This paragraph just does not make sense to me at all. I've lived in Gatton and Lowood and have worked in the area before. You may or may not be aware that media hype has a large bearing on sentiment. Do you think I needed a reminder about how beautiful this part of Australia is?
This paragraph contradicts your last one.
If you don't consider yourself rich, I will assume you don't have Suncorp insurance. As for feeling for those affected, of course I do, I was merely making a note that those people living in mansions on the river will, to a large extent, use this as an excuse to update their furniture and be in no financial difficulty at all. I am not referring to "financials", not emotional hardship.
I'll believe this when I see it.
Andras,
I just read your blog,it doesn't sound like you are going to good,having to sell your properties to get by.
Hope the bank doesn't take you,
You might have lived in Gatton and Lowood,but you have never owned a house there,maybe you rented one off me.probably kicked you out anyway.
Maybe you should have bought a property in the valley,
Anyway when you make some kind of profit while investing in houses you can knock my typing and lecture me in the meantime stay out of my face,********
Well I know nothing about floods other than I've been in 74 and 11 and and a few others but both those are different in thier own way but neither should be not to be dismissed in the damage they caused.
What I will say is over the last couple of weeks I have been a (mud lark) better known as a cleaner of houses for people and I have been working both Indooroopilly and Fig Tree Pocket areas and while we (my crew) have cleaned many places, I was somewhat surprised at the number that indicated they would demolish and rebuild 3 in all with many saying this is the price we pay to be here. More money than me (not that thats hard)
For me I have NO desire to be involved in a flood damaged place /area don't give a shi^ where it is, to me IT'S not a bargain its just a time bomb waiting to happen.
Of course there is exeptions and by this I mean if you can raise your current place above the flood height maybe fine insurance well now thas another issue.
For me not interested in flood areas
Brian
What I will say is over the last couple of weeks I have been a (mud lark) better known as a cleaner of houses for people and I have been working both Indooroopilly and Fig Tree Pocket areas and while we (my crew) have cleaned many places, I was somewhat surprised at the number that indicated they would demolish and rebuild 3 in all with many saying this is the price we pay to be here
. More money than me (not that thats hard) For me I have NO desire to be involved in a flood damaged place /area don't give a shi^ where it is, to me IT'S not a bargain its just a time bomb waiting to happen.
Of course there is exeptions and by this I mean if you can raise your current place above the flood height maybe fine insurance well now thas another issue.
For me not interested in flood areas
Brian
Brisbanes cheapest house!
I would buy this if I was in a position to
http://www.realestate.com.au/property-house-qld-rocklea-107119508
$199k!!
It's a good gamble I think.
I would buy this if I was in a position to
http://www.realestate.com.au/property-house-qld-rocklea-107119508
$199k!!
It's a good gamble I think.
That house has actually gone down nearly 50K in one week.
I know it is probably a good buy but I don't want to be a vulture.
China 1000 percented in 10 years. Thats 100% per year. ...... Maybe more in the future. I bought a property in China 5 years ago in Chongqing. it increased 400% in 4 years. Very crazy yes. In Hainan, 2002, I looked at a beautiful apartment for 70 square meters, back then at $400 a square meter and now, it's at $4000 a square meter. The rich and poor gap is getting bigger in China, the market is only for the rich and nothing for the poor. So just like double bay, south yarra and many up market suburbs for the rich, the prices will only go up in China. Still lots of room.
Brian,if you where to go for a drive around Rocklea and look at all the removals that went in over the past 18 months,and built too the BCC
Flood Guidelines most of those properties still went above the top floor window levels,i was helping a very old single man for half a day yesterday too get his plumbing hws guttering back in line yesterday afternoon so he can live in his first ever house,"for free",he is still in shock as too what happened to him and our network will keep an eye on him,that's the only problem with water you can Dam it pipe it anywhere but what people Governments don't understand is unlike everything else"Water always finds it's own level,no inbetweens"
That house has actually gone down nearly 50K in one week.
I know it is probably a good buy but I don't want to be a vulture.
But then again you might be a saint, or a fool if you buy it.
It is a gamble 
