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Search: Posts Made By: Rambi
Showing results 1 to 25 of 45
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Forum: Australia
May 8th 2011, 12:49 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

The different setting would be next to a railway station as a car park :D
Forum: Australia
May 7th 2011, 10:33 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Saw this one this morning.

http://theage.domain.com.au/real-estate-news/slump-shadows-30m-mansion-sale-20110507-1ecv2.html

Although it has probably been affected by the slump I would also...
Forum: Australia
Apr 21st 2011, 8:07 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

I'd phase it out rather than scrap it. Drop it by $500 a year until it's gone.

I remember what happened in the UK when they got rid of double mortgage relief in the late 80s. It wasn't pretty.
Forum: Australia
Apr 21st 2011, 7:22 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

They introduced a sales tax in NSW last year and it doesn't seem to have brought out the pitchforks. The important thing would be to make small changes.
Forum: Australia
Apr 20th 2011, 4:14 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Surely if there is a tightening of something it would have been looser (or easier) before the tightening. :thumbup:
Forum: Australia
Apr 19th 2011, 11:19 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Dammed if they do, dammed if they don't.

Some people complain that easy lending is going to cause a boom and bust. Other complain that tighter lending is going to cause a bust.

It's like...
Forum: Australia
Apr 16th 2011, 12:27 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

And Will Smith just before shaking the room. Now that would cause a house crash. :thumbup:
Forum: Australia
Apr 16th 2011, 9:24 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

I agree with that. I've never been convinced by a country's GDP that has been inflated with people buying more and more expensive houses.
Forum: Australia
Apr 16th 2011, 9:21 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Yep.
Forum: Australia
Apr 16th 2011, 7:05 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Similar to the UK. It was all doom and gloom about 2003/4 but the crash came later.

Before Ireland joined the Euro I thought the housing situation was going nuts. Adding low interest rates to...
Forum: Australia
Apr 16th 2011, 7:00 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

I did that from memory so it may be unreliable. If it's wrong I'm sure someone will come along with some source (http://en.wikipedia.org/wiki/HP_Sauce) in the near future. :D
Forum: Australia
Apr 16th 2011, 6:59 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

I'm not sure I could call it. It was principally aimed at providing stimulus to the economy rather than to boost housing. Housing at that time didn't need boosting whereas the economy needed...
Forum: Australia
Apr 16th 2011, 6:54 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

It's Labour in the UK as well. I believe it was King O'Malley (an American in the ALP) who pushed for the name change to emphasize closer relations with the US.
Forum: Australia
Apr 16th 2011, 6:50 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

The boost was Labor and that's obviously what confuses people.
Forum: Australia
Apr 16th 2011, 6:46 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

It was playful.

It's funny how many think that the FHBG was started by Labor.
Forum: Australia
Apr 16th 2011, 6:38 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

No mention of first home vendor's grant in either of them.
Forum: Australia
Apr 16th 2011, 6:37 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Unlikely.
Forum: Australia
Apr 16th 2011, 6:35 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

That's a new one on me. :blink:
Forum: Australia
Apr 16th 2011, 12:51 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Does that mean it also burst 2 years ago? :sneaky:

Got to wonder what all the hot air is about if the housing market bursts every March.
Forum: Australia
Apr 3rd 2011, 8:04 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

The other problem is that if you leave the rental property supply to the government they will make a right pigs ear of it. And they would dole out the best properties to their pinko commie mates.
Forum: Australia
Mar 30th 2011, 8:36 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

That was way off the mark. It didn't hit 2.4 until the first week of October. :D

1.72 by October was a cracker. :thumbup:
Forum: Australia
Mar 30th 2011, 8:10 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Sorry. I have no idea. :o
Forum: Australia
Mar 30th 2011, 12:07 pm
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

No reason. Just made it up once and I'm sticking to it. :thumbup:

As for your immediate problem you could use hedging. Buy your new property but hedge against a market fall by shorting the...
Forum: Australia
Mar 30th 2011, 11:52 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

It's all due to go tits up on the 15th March 2015. Until then you're safe :thumbup:
Forum: Australia
Mar 30th 2011, 11:40 am
Replies: 1,008
Views: 103,607
Posted By Rambi

Re: The Great Australian Property Swindle

Actually that's not saying the same thing as what I was asking. Is the considerable difference more considerable now than historically?
Showing results 1 to 25 of 45
 
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