Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Mine settles 19th Dec at the same rate! OHH yeah, now lets hope we can get the IR to 4.5% and then locky locky
If I wasnt fixed Id be CF+. Bugger lol !
You never know, in 6 months time, 4.5% may be seen as expensive.
Kinda funny how many of us are online and watching at the exact moment the decision is released!
Yep I just voted a moment ago - bloody clever wasn't I? LOL
Tash,Maybe so. Will have to wait and see what happens. Either way I'm excited to start my property investment journey in a supposed difficult time. Have some family members thinking im crazy to get into debt now and buy due to the current market. I think its a great time to buy. Im hoping my hard work now will pay off in the future
Tash,
So long as your income is secure so you won't be forced to sell your asset into a depressed market, then you can't go wrong buying now given a long term horizon. Prices are down, interest rates are down, rents/yields are up and vacancies are low, construction is down, immigration is up.
Cheers,
Michael
Forget Ross Gittins, I pointed out 100bp was on the cards back on the 6th November when I started this thread:Ditto but 1%would have been my vote. Ross Gittens said so. Peter
I'm going to be shopping again straight after xmas.
This latest drop has given us enough cashflow to comfortably afford another IP. Then we sit tight and wait for the equity fairy
there's been a few like that in ashfield, eg. unit selling for 179k and renting at $275 pw apparently.
Forget Ross Gittins, I pointed out 100bp was on the cards back on the 6th November when I started this thread:
http://www.somersoft.com/forums/showthread.php?t=47104
Cheers,
Michael
Yeah I know, that's why I threw that big wink in there!Michael you are very good at predicting rates but I feel you are taking a little "authors license" here as I thought your thread asked the question? as I read it?