Tim they must be really classy joints, judging by the asking price. I have an overseas buyer that is coming down to Brisbane from the Mid East later this week to buy two places, can you send me the links to the Brisbane ones as they sound exactly like what he is looking for?
If you seriously don't understand Peter's response then you should go back to primary school.
Judging your car there to the left would indicate you have a primary school education and hold a position accordingly...although that would be overly complimentary to you, being employed and all.
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
Judging your car there to the left would indicate you have a primary school education and hold a position accordingly...although that would be overly complimentary to you, being employed and all.
I did, and it rocks, I'd ask you to read it again, but you likely spent the last 20 minutes souding out your own name and crapping yourself so I won't ask you to.
Your just a scared little bull, broke and lining up at Centrelink.
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
I did, and it rocks, I'd ask you to read it again, but you likely spent the last 20 minutes souding out your own name and crapping yourself so I won't ask you to.
Your just a scared little bull, broke and lining up at Centrelink.
Can't even see the mistake!
I think you're a high school student - are you failing anything? That would explain why you're so stressed.
In and around the Hills District in Sydney I am seeing most investor activity being passing the parcel.
“For Sale” signs on apartments go up and not long after the place being sold you see a smaller “For Lease” through the same agency.
In terms of houses, I am seeing more places for Lease, but they are often very run down. Rental prices have not significantly increased over the last 12 months as you hear being spruiked by APM etc. Some tenant are leaving due to maintenance issue or deciding to build further out.
You are also seeing some new investors buying run down houses, spending big bickies on initial outlay and then renovating the place. Once a couple of month has been wasted fixing the joint, the old catch cry “AS GOOD AS NEW!” is plastered out front on the Lease sign
As the initial listing for tenants they will ask too much and have no one show up.
Quickly they will drop the rent by $10 per week, realising every week it is empty it is costing them a quarter of the monthly mortgage
Before they know it they realise the weekends and money wasted on the reno’s is not justified when they finally get a tenant.
The promise of a good yield….. ends up being a money pit.
I have noticed the amounts development in North Parramatta recently.
There is quite alot of high rise apartments going up in the Northern end of Church Street
Personally I reckon some of them look like tomorrow ghetto’s and it is not like you are right near the train station (15-20m) if you rely on public transport to get somewhere.
Judging your car there to the left would indicate you have a primary school education and hold a position accordingly...although that would be overly complimentary to you, being employed and all.
Timo the idea of trolling is to get a rise out of the other party. All you manage to do is entertain us with your stupidity and grammatical hi-jinx.
If you can't improve on this effort I suggest you go back to being beaten up at high school.
I am the love child of Tony Abbott and Pauline Hanson
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?
The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly. Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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