I'd reckon me returns on cash have gotta be down at least 50% since tha GFC hit?
'N except in tha most extraordinary of cases regardin' Oz property maybe, rental returns have held up IMMENSELY better than that!
That's it Jethro. In the suburbs, if you show the suburbanites two different sized flat screen TVs with the same price tag, their instincts are to go for the bigger one. Similarly, if the bigger one is discounted, it's a no brainer. And if the can pay it off in installments, they've hit the emotional jackpot.
Matthew look at those prices in Mount Lawley. Can you see how out of touch you are? If you advertised at $360 people wouldn't even bother clicking the link.
Again I gave a hypothetical example. Again I do not own a unit in Mount Lawley
Your best bud Peter hasn't shown you a 20% reduction in rent, he has shown you two links. And like the idiot you are you took those two links and went full potato.
Deluded, you are aptly named.
Quote:
Things have dramatically changed in just the last 2 weeks.
Nonsense.
Quote:
I apologise for the previous vitriol
As you should.
Quote:
I just know that you're so fundamentally wrong.
How do you know that? You are yet to provide any evidence whatsoever.
Quote:
Now you can see for yourself how far off the mark you are.
Nothing in those two links shows a 20% reduction in rent. Not one single thing.
foxbat
18 Nov 2016, 12:36 PM
I am finding 20% reductions are normal now.
Bullshit.
herbie
18 Nov 2016, 12:23 PM
I'd reckon me returns on cash have gotta be down at least 50% since tha GFC hit?
'N except in tha most extraordinary of cases regardin' Oz property maybe, rental returns have held up IMMENSELY better than that!
The majority of my shares are still trading at a discount from their pre GFC highs. A few are not, a couple are up 40%.
Cash in term deposits has gone from being an income source to an opportunity cost in the same period.
All of my rental properties are generating more income than they did in the GFC. All of them have grown in rent faster than land tax rates and insurance. All of them are worth more today than they were in 2007-8.
In the past 10 years my property portfolio has out performed my share portfolio handsomely. I don't expect that to always be the way, but that is what it is.
Again I gave a hypothetical example. Again I do not own a unit in Mount Lawley
Your best bud Peter hasn't shown you a 20% reduction in rent, he has shown you two links. And like the idiot you are you took those two links and went full potato.
Deluded, you are aptly named.
Nonsense.
As you should.
How do you know that? You are yet to provide any evidence whatsoever.
Nothing in those two links shows a 20% reduction in rent. Not one single thing. Bullshit. The majority of my shares are still trading at a discount from their pre GFC highs. A few are not, a couple are up 40%.
Cash in term deposits has gone from being an income source to an opportunity cost in the same period.
All of my rental properties are generating more income than they did in the GFC. All of them have grown in rent faster than land tax rates and insurance. All of them are worth more today than they were in 2007-8.
In the past 10 years my property portfolio has out performed my share portfolio handsomely. I don't expect that to always be the way, but that is what it is.
Musty: when you say better could you give a little detail?
Like what is the triple net yield??
Nope.
But do feel free ta tell us all about yours by all means.
Includin' just how much land tax has impacted 'em 'n why - As that could be MOST informative.
Terry
18 Nov 2016, 01:05 PM
That's it Jethro. In the suburbs, if you show the suburbanites two different sized flat screen TVs with the same price tag, their instincts are to go for the bigger one. Similarly, if the bigger one is discounted, it's a no brainer. And if the can pay it off in installments, they've hit the emotional jackpot.
Ya've bin researchin' ya career prospects sellin' TVs door ta door ta us sub-urbanites then have ya Tezza?
Hmmm - Maybe I really should invest in one a them "No hawkers or canvassers" signs ta stick on me letterbox.
Matthew look at those prices in Mount Lawley. Can you see how out of touch you are? If you advertised at $360 people wouldn't even bother clicking the link.
Things have dramatically changed in just the last 2 weeks.
I apologise for the previous vitriol. I just know that you're so fundamentally wrong. Now you can see for yourself how far off the mark you are.
I'm less of a detail person now than I once woz, but just for those of us wot still might be, specifically wot bits of ya do ya take it in 'n how often 'n for how long 'n for how much Jon? ...
I'm less of a detail person now than I once woz, but just for those of us wot still might be, specifically wot bits of ya do ya take it in 'n how often 'n for how long 'n for how much Jon? ...
I've already taken you for a ride bitch, you don't get a second one.
Speak when you are angry and you will make the best speech you will ever regret. Ambrose Bierce
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