Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 27
Sydney property owners making $200,000 a year for 'doing nothing'; Bringing home the bacon
Topic Started: 3 Sep 2016, 05:24 AM (19,100 Views)
Blondie girl
Member Avatar


foxbat
17 Sep 2016, 05:11 PM
They say Perth property will double every 171.4 years.

Not sure how when prices are dropping.

Peter?
In 171.4 yrs you and I will be done and dusted you most likely before me being a boomer..............

:to:

Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


ORLY
17 Sep 2016, 10:00 AM
I said nothing about a bail out. You made that up and attempted to attribute it to me.
SO your saying the US FED Did not Bail out any Banks During the GFC?

They Provided cheap loans for what reason exactly.........

Emergency Economic Stabilization Act of 2008

Quote:
 
The Emergency Economic Stabilization Act of 2008 (Division A of Pub.L. 110–343, 122 Stat. 3765, enacted October 3, 2008), commonly referred to as a bailout of the U.S. financial system, is a law enacted in response to the subprime mortgage crisis authorizing the United States Secretary of the Treasury to spend up to $700 billion to purchase distressed assets, especially mortgage-backed securities, and supply cash directly to banks.
Quote:
 
Both foreign and domestic banks are included in the program.


Again please explain"YOUR STATEMENT" About the Feds Emergency...............

Also please explain why the Bank Guarantee was not required......

Edited by Simon_S, 17 Sep 2016, 06:54 PM.
Profile "REPLY WITH QUOTE" Go to top
 
hidflect
Member Avatar


Simon_S
17 Sep 2016, 06:46 PM
SO your saying the US FED Did not Bail out any Banks During the GFC?

They Provided cheap loans for what reason exactly.........

Emergency Economic Stabilization Act of 2008





Again please explain"YOUR STATEMENT" About the Feds Emergency...............

Also please explain why the Bank Guarantee was not required......
The bailouts aren't even over. Deutsche Bank is next. Then someone else. Rinse. Repeat. Keep slurping up taxpayer money. Meanwhile the banks scream we need austerity and less taxes. The only people left with money will be property owners. And all eyes will turn on them. Special taxes await.
Profile "REPLY WITH QUOTE" Go to top
 
herbie
Member Avatar


Re :Sydney property owners making $200,000 a year for 'doing nothing'; Bringing home the bacon"

Well, if ya actually felt inclined ta DO anything, ya mightn't become a property owner? ...

Ah, I luvs tha piss takin' on this site ... :)
Edited by herbie, 18 Sep 2016, 12:08 AM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
Profile "REPLY WITH QUOTE" Go to top
 
Ex BP Golly
Member Avatar


herbie
18 Sep 2016, 12:05 AM
Re :Sydney property owners making $200,000 a year for 'doing nothing'; Bringing home the bacon"

Well, if ya actually felt inclined ta do anything, ya mightn't become a property owner? ... :)
Some might see that as the statement of a bear..... others a realist.

Lol
Edited by Ex BP Golly, 18 Sep 2016, 01:33 AM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
Profile "REPLY WITH QUOTE" Go to top
 
herbie
Member Avatar


Ex BP Golly
18 Sep 2016, 12:08 AM
Some might see that as the starter of a bear..... others a realist.

Lol
Takes me back ta "tha good ole days" mate ... :)

Ah well, wot will be will be I guess.

(Tho I continues ta remain bumfuzzled by tha prospect! - LOL)
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
Profile "REPLY WITH QUOTE" Go to top
 
Bardon
Default APF Avatar


Listed property group make a $17m capital gain on a $17m investment in Sydney North Shore in four years.

CorVal spends $34m as north shore gains heat

Sydney’s north shore is emerging as a hot spot for investment activity, with the Andrew Roberts-backed CorVal Partners buying a complex for about $34 million and the Blackstone-owned 151 Property Group to bring a major complex to market.

CorVal bought the commercial and bulky goods retail building at 37 Epping Road, Macquarie Park, from the listed Abacus Property Group for $33m-$34m, with the deal showing a yield in the mid-7 per cent range.

The group is believed to be acting for a wealthy investor, who may benefit from the longer-term transformation of the Lachlan’s Line precinct by converting the 8010sq m three-storey complex into residential use.

The deal was brokered by Greg Cohen of Savills and Tim Fox of PropertyFox but they declined to comment yesterday.

Abacus acquired the building for $17.35m in late 2012 from receivers Ferrier Hodgson in a deal also brokered by those agents.

http://www.theaustralian.com.au/business/property/corval-spends-34m-as-north-shore-gains-heat/news-story/297c0b9ad67b5c31eafebd660fc3bf97
Edited by Bardon, 18 Sep 2016, 02:29 PM.
Profile "REPLY WITH QUOTE" Go to top
 
Bardon
Default APF Avatar


It hasn’t lifted a finger, but the NSW government is still expected to pocket up to $11 million from the sale of Aussie Johns joint.

http://www.dailytelegraph.com.au/realestate/news/nsw-government-will-get-millions-from-record-point-piper-mansion-sale-due-to-outdated-stamp-duty-system-reinsw/news-story/819ce1aa36ed1f981a35f84b66434296
Profile "REPLY WITH QUOTE" Go to top
 
Bardon
Default APF Avatar


Talk about money for nothing!

Phileo's Melbourne site value surges 164 per cent following rezoning

Malaysian-backed Phileo Australia has booked a whopping 164 per cent rise in the value of a future housing development site it owns in Wyndham Vale, in Melbourne's outer south-western growth corridor. The valuation rise from $45.4 million, based on the latest council rates notice, to $120 million, following a report from Knight Frank Valuation, was due to the February approval of the Black Forest North Precinct Structure Plan by Victorian Planning Minister Richard Wynne.

Read more: http://www.afr.com/real-estate/residential/phileos-melbourne-site-value-surges-164-per-cent-following-rezoning-20160525-gp3c0n#ixzz4L7oxMKxa
Follow us: @FinancialReview on Twitter | financialreview on Facebook
Profile "REPLY WITH QUOTE" Go to top
 
Bardon
Default APF Avatar


$180,000 a year for doing nothing.

Buyer pays $2.458169m to get lucky number in home price

http://www.news.com.au/finance/real-estate/sydney-nsw/buyer-pays-2458169m-to-get-lucky-number-in-home-price/news-story/8574449128e1b6099a7c091e9166ffea
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Enjoy forums? Start your own community for free.
Learn More · Sign-up Now
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 27



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy