Holy cow. Check this Vid out on US market. Thoughts for OZ?
- Thread starter Thesnowyforest
- Start date
This is kinda old news. The resets of the Alt A and the ARMS loans in the US have been known about since the bad old days of the sub-primes. Supposedly, this has been "priced-in" to the market 
AKAIK, we don't have any type of loan equivalent in Oz.
AKAIK, we don't have any type of loan equivalent in Oz.
Oh ok. It only came to my attention today. I must be living in a cave. Hehe
P.unity,
As a buyers agent Have u seen a slow down in Newcastle and the innerwest?
P.unity,
As a buyers agent Have u seen a slow down in Newcastle and the innerwest?
I have seen a slow down in the growth of the Inner West....but hey it could not go on at the pace it set
at over 20% for the year.Newcastle, I see more stock coming on the market but good quality stock still getting snapped up pretty quickly. lizzie's property is a case in point - $850K for a quality property that agents (& I) thought high $700K's to early $800K's for. Also I see at auction, most innner CBD suburb stock selling well and the outer suburbs stock seeing less interest.
I have seen a slow down in the growth of the Inner West....but hey it could not go on at the pace it set
Newcastle, I see more stock coming on the market but good quality stock still getting snapped up pretty quickly. lizzie's property is a case in point - $850K for a quality property that agents (& I) thought high $700K's to early $800K's for. Also I see at auction, most innner CBD suburb stock selling well and the outer suburbs stock seeing less interest.
hi prop, any thoughts on mascot station area, i bought off plan last november for $530,000 2bdr level 9 city veiws completion next april/ may. Im thinking of onselling
I'm not a big fan of OTP as you may know
. However, I have purchased a couple which have done well (with a few hiccups along the way). They were purchased in a rising market.I think you should do well over time if you hang onto it. Mascot units have done well to date - see CG chart attached.
What was the reason for thinking of onselling? If you do, will you:
1. Be able to? Since many OTP contracts do not allow you to.
2. Make a profit after SD, CGT and other costs?
Can the views be built out in future?
