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Search: Posts Made By: renth
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Forum: Australia
Mar 3rd 2008, 6:25 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

With decent fish costing $50-$70 a kilo these days in WA then a boat could be seen as a good investment if you like eating fish.
Forum: Australia
Mar 3rd 2008, 5:25 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Well, the headline does actually read "prices in landslide" but it should probably say "prices in Sydney's less desirable western suburbs in landslide".
Forum: Australia
Mar 3rd 2008, 1:45 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Well, if the UK is anything to go by the interest rate is cut and the mortgage lenders don't pass the cut on to borrowers, most upped their rates.
Forum: Australia
Mar 3rd 2008, 1:28 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

4%. I've even heard talk of a .5% rate rise this week.


"THE soaring cost of rent and vegetables has sent inflation jumping to a six-year high, as the Prime Minister warned that fighting rising...
Forum: Australia
Mar 3rd 2008, 1:14 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Because inflation is increasing. Interest rates are too blunt a weapon IMO as they mainly hit people with mortgages which I believe is about 33% of households with one third renting and one third...
Forum: Australia
Mar 3rd 2008, 12:56 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Sydney house prices in landslide
HOMEOWNERS in Sydney's outer suburbs have been losing as much as $450 a week every week since early 2004 on the value of their properties as the real story of...
Forum: Australia
Mar 2nd 2008, 11:26 pm
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Great anecdotal Bridie, thanks.

Fantastic news for all first time buyers, those about to migrate to Perth, and all those wanting to "move up the ladder".

Makes you wonder why "house prices...
Forum: Australia
Mar 2nd 2008, 11:23 pm
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Radiohead: Creep?
Forum: Australia
Mar 2nd 2008, 10:40 pm
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Not necessarily conned, I realised my house wasn't "worth" what I paid for it despite that I still paid the "market value". We still need places to live but yes, totally overvalued in that regard.
...
Forum: Australia
Mar 2nd 2008, 7:03 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

OK, thanks. I think the figures for the last two quarters would tell a different story. Vested interest groups like the real estate industry will always use the figures that best reflect what they...
Forum: Australia
Mar 2nd 2008, 6:24 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Is that 10% per annum?
Forum: Australia
Mar 2nd 2008, 3:57 am
Replies: 68
Views: 7,423
Posted By renth

Re: House Prices Down under-another thread..

Depends what city you are in but in the next few months they will all level off, they will stay leveled off for a while, slowly fall then fall fast, losing between 15% and 40%.

Just like what is...
Showing results 1 to 12 of 12


 
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