Re: Perth is Full
 

I think its refering to the tax bandings changing, so effectively there will now be less of us hitting the top bracket meaning that the effect of negative gearing may not have the same effect as it does under the current bandings.

Re: Perth is Full
 

the reason we're paying $350 is that he'd prefer to have a tenant who he can trust.

And here's the thing - I know all of the gook about properties being worth what the market will pay, but in my eyes, if i had $1.8m then I would never spend it on the house. Its OK but I cannot see how it can be worth $1.8m.

To me it would be like putting your life savings into Tech stocks in early 2000 just before the crash - it all just seems so overpriced and empty.

I would - even given the price increases in the UK - get more for my 780K GBP in Derbyshire.

Re: Perth is Full
 

I'm trying to convince myself he's not selling, because he has always said his wife wants to move there when they retire. His story is that he's going for a secured loan and the bank needs to know the current value to work out how much they can lend him. Which is why hes using a valuer and not an estate agent who will lie about the price to "buy" the listing.

Re: Perth is Full
 

My landlord tells us we're the best tennants he's had, which is why I think it's unlikely he'll do anything to precipitate our moving out.

Good tennants are worth hanging on to, I know, I still have my UK house and our current tennants are brilliant. I'd never do anything which might upset them.

Re: Perth is Full
 

Its also closer to NZ for the odd flight home/holiday.

Where in NZ are you from? I'm from Tauranga.

Re: Perth is Full
 

Auckland (north shore) but have spent time in the sth island too.

Re: Perth is Full
 

Property market will bottom out soon. Perth prices are genuinely overpriced and the bubble will burst sooner rather than later.

Re: Perth is Full
 

Don't owners have to have periodic valuations done on their property for insurance and rates purposes? I'm pretty sure I have heard they do have to, could be wrong though.

Re: Perth is Full
 

Refer recent articles in Theage and various economic forecasts on banks such as Westpac, ANZ. The reports suggest the negative allowance will be removed. It does make you wonder what will happen with out this tax break. A test or reality check on the property market.

Re: Perth is Full
 

We were going to move back to Devonport in 2001 but decided to stay in UK for few more years.

Re: Perth is Full
 

Funny I was reading "the emperors new clothes" to my daughter this morning.......

Seems people have forgotten the crash in 86/87 - reality check people, there is more to life than property. You still need cash for living and emergencies.

I am still astounded by the navity of estate agents, many of whom have only worked in the industry during the recent boom period.

Our family have been in property development since 1950 and are all cashed up at the moment.

Re: Perth is Full
 

Devonport was a local hangout when I was a kid, victoria picture theatre (and the state as well when it was around) as well as Shelma milk bar, and of course the 'splade (Esplanade hotel) when older.

I lived everywhere on the shore growing up from stanley bay to castor bay lol but mainly belmont to milford.

Re: Perth is Full
 

Oh Dot's burger bar was a hangout for a late night feed, then Uncles in victoria st (main st in devo)

All changed now tho I think.

Re: Perth is Full
 

Charley Grays?? Art films?

We used to drive over from our home in Manurewa, then Bucklands Beach to go to the pub near Takapuna beach (forgot the name).

Do you remember Kitty OBrians near Victoria Market?

Wife liked Devonport but thought Howick and South East was not right for her. She has fond memories of holidays in Tassie.

Re: Perth is Full
 

Pub near takapuna beach: the mon desir hotel (pulled down now I hear)

Kitty obrians? no not heard of it ( i did spend soem time travelling/living in sth island and uk)

Where in tassie did u holiday?

Manurewa to Takapuna is a hell of a drive to go to a pub!