FYI - Articles of interest ?

MarkB

MarkB

Bubble in trouble as silent spring looms

http://finance.news.com.au/common/story_page/0,4057,7263919%5E14302,00.html

Michael Matusik, of Matusik Property Insights, predicts a flood of properties offered for sale, effectively capping the house price boom.


Hard times for battling landlords

http://finance.news.com.au/common/story_page/0,4057,7263940%5E14302,00.html

With rental yields still languishing below 4 per cent and rents showing signs of softening, is it wise to put your money in bricks and mortar?


Reduced and abandoned side of reverse mortgages

http://finance.news.com.au/common/story_page/0,4057,7263941%5E14302,00.html

The pessimistic scenario is one of resentful children deprived of an inheritance, or infirm parents ending up without enough equity in their home to move to a nursing home or retirement village.



MB
 
I like predictions - it's a way of saying something will happen without backing it up with your own money.

So rental yields below 4% - well not where I've bought.

And a flood of properties...I've spoken to RE Agents ovr the last few weeks lamenting how few are coming onto their markets.

I suppose it all depends on how tunnel-like your vision is - where in the country you are looking - and what type of property you are looking at.

And if these predictions prove true in Syd & Mel - it'll be a good thing too!

Remember always - Syd & Mel combined are less than 50% of the country's pop - leaves a lot of other markets at different stages out there :)

Cheers,

Aceyducey
 
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