Sure thing no problem. In the meantime how boring is the weekend when the market's closed.
Housing market misery to continue?
- Thread starter Ausprop
- Start date
It will be interesting to see what happens to Saudi when their oil boom busts.
Thanks Deltaberry!
I have no idea how people compile these data. Everywhere I looked at the end of last year didn't resonate with that.
My position is simple, I have just one IP. If I can reduce my leverage from 75% to 60%, while I 'wait', and buy with enough deposit to not go over 75%, then I get my second IP. Until that happens I'll keep using the equities market as savings for that 2nd IP. I have good income but not bullish enough to put it on the line. (liquidity is my thought pattern)
I think there is a quite a few doing this, but knowing this how do I make money on this knowledge?
General feel of this forum is flat property market so no harm no hurt. Thats all good, call it conservative.
Delta raises a good point that we, as Australians, are only a commodity bust away from very hard times. We have our eggs in very few baskets. Lets be honest, WA paid for the Australian industrial revolution (well Kalgoorlie paid for that almost single handedly) through to savior from GFC, till now anyway. Australia is a mineral slave...but I start to rant. Just wish we were smart enough to make our major exports something other than the mineral of choice at the time. Point taken on educational services and tourism, but we have had 200 years plus the experience of 'mother' countries to learn the land is a fall back not the primary.
I thought Delta had a good weight/reminder to the otherside of this fulcrum.
And if it gets to 20% unemployment and my investments turn to soggy tar thats hard to remove, well I back myself to be in the top 80% and putting food on the table with a whole new set of life beliefs and a s***ty job.
I think there is a quite a few doing this, but knowing this how do I make money on this knowledge?
General feel of this forum is flat property market so no harm no hurt. Thats all good, call it conservative.
Delta raises a good point that we, as Australians, are only a commodity bust away from very hard times. We have our eggs in very few baskets. Lets be honest, WA paid for the Australian industrial revolution (well Kalgoorlie paid for that almost single handedly) through to savior from GFC, till now anyway. Australia is a mineral slave...but I start to rant. Just wish we were smart enough to make our major exports something other than the mineral of choice at the time. Point taken on educational services and tourism, but we have had 200 years plus the experience of 'mother' countries to learn the land is a fall back not the primary.
I thought Delta had a good weight/reminder to the otherside of this fulcrum.
And if it gets to 20% unemployment and my investments turn to soggy tar thats hard to remove, well I back myself to be in the top 80% and putting food on the table with a whole new set of life beliefs and a s***ty job.
residex agrees... they are quite negative on melbourne
and UM! the " TITANIC" as i remember?
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