Residex Release: July 2012 Quarter Predictions Reports

[jaime]

Got an email from residex stating the Jul 2012 reports are now available.

Interested in getting the reports for Sydney Top 100;

Would anyone be interested in going in sharing the cost on one of these reports?

Or anyone able to kindly supply a copy?

Cheers
[email protected]

 

[Bhastrika]

I don't think so

Now sharing those reports would be illegal now wouldn't it!

 

[Jake D]

Would it? (I seriously don't know.)

 

[Ausprop]

how's it different to getting a book from the library?

 

[Jake D]

Or reading the newspaper in a cafe?

 

[Dean1337]

I not a lawyer but it would all depend on what you agree to when purchasing the report. I'd imagine the agreement would contain something along the lines of "We provide you (the individual) the right to view a copy of the report". To which case you are not purchasing a product for you to own but simply a right to view the report. By sharing the report with others you have broken your agreement.

 

[JennD]

Terms and conditions: "You are entitled to hold a single copy of a report having been given it by Residex Pty Limited. You are not entitled to make copies of the reports or extract data from the reports and use it in reports that you may produce. Please note that Residex Pty Limited will take legal action against any party that wrongly uses the data it provides or breaches its copyright."

http://www.residex.com.au/terms-and-conditions-popup

 

[Bhastrika]

So really the reports are provided for individuals to assist with property decisions. Publishing/sharing impacts on the profitability of the company and the viability of produucing the reports. A couple of hunderd dollars or so is small biccies compared to stamp duties, legals, LMI, interest etc, not to mention the biggest cost which is foregone capital growth or yield if you buy in the wrong spot. (or sell before an increase in value)