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Search: Posts Made By: IndieG
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Forum: Australia
Apr 13th 2010, 6:29 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

It is manic and I get the feeling that although there are some over the top prices being paid for certain properties, a lot of it is media hype.

There are a couple of properties in my suburb that...
Forum: Australia
Apr 9th 2010, 11:57 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

But tis different here;)
Forum: Australia
Mar 10th 2010, 1:29 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

Sound familiar?
Forum: Australia
Mar 10th 2010, 1:16 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

......but it is different here, it's Chinese cash, not like all that Saudi, Russian, and wait, the ruler's money that was floating around in Dubai;)

This thread reminds me so much of the one...
Forum: Australia
Mar 10th 2010, 12:31 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

http://www.theage.com.au/business/home-loans-slump-most-in-a-decade-20100310-pxpp.html



Decreasing number of greater fools who are willing to take on more and more debt to pay for over priced...
Forum: Australia
Mar 7th 2010, 9:38 pm
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

You used the B word on BE??:eek:
Forum: Australia
Mar 7th 2010, 6:40 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

A million $ ++ house next door, and this morning I see huge plastic sheets on their roof:eek: Like it's going to protect them from all that hail and downpour.

PS: Here it is...
Forum: Australia
Feb 17th 2010, 10:55 pm
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

Not just transport - for a lot of families, access to good schools (both primary and secondary schools) is a high priority. Well it is, at least for us. I'd happily live in the boonies IF there were...
Forum: Australia
Feb 17th 2010, 10:39 pm
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

The problem with that (keeping your assets in cash) is tax and inflation will soon erode your capital.
Forum: Australia
Feb 15th 2010, 3:01 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

Very glad I didn't invest in Melbourne in March 2008. Got a significantly higher return (A$ appreciation notwithstanding) investing elsewhere.

PS: Only arrived here as a permanent resident in Sept...
Forum: Australia
Feb 15th 2010, 2:29 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

Makes you wonder why doesn't it? A lot of spruiking, then it goes a wee bit quiet and then a bit of negative news(but not really negative as they still have to worry about their sponsors,...
Forum: Australia
Feb 15th 2010, 12:23 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

http://www.smh.com.au/business/rising-interest-rates-drive-mortgage-delinquencies-20100215-nzrp.html
Forum: Australia
Feb 13th 2010, 11:40 pm
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

What would the figure work out to, assuming a couple of interest rate rises and an increase in council/water/electricity rates...shudder:blink:
Forum: Australia
Feb 13th 2010, 3:49 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

I should've used :rolleyes: too....lol
Forum: Australia
Feb 13th 2010, 1:06 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

How clever, wonder why I didn't think of that....probably because the talking up the market screams from the front page of these papers.
Forum: Australia
Feb 12th 2010, 11:54 pm
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

Really? I must have missed reading them on The Age, SMH etc. in any case am sure that for every article alluding to a bubble there are a dozen directly talking it up.
Forum: Australia
Feb 12th 2010, 11:07 pm
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

According to this article in The Economist, house prices in Australia are overvalued by 50%:ohmy:

http://www.economist.com/displayStory.cfm?story_id=15213157

I don't care what the media here...
Forum: Australia
Feb 10th 2010, 12:11 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

hmmm - didn't know Westpac were paying 8% on a 5 year TD?
Forum: Australia
Feb 9th 2010, 5:06 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

In that case no money left for renovation (I've noticed most houses in decent areas at median prices, actually make that 30% over median prices are in need of extensive repairs/renovation to make...
Forum: Australia
Feb 9th 2010, 4:30 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

oopsa daisy:ohmy: and this at a time when the economy is "on a roll" and has managed to "evade a recession".

All I can think of when I see numbers touted here to prove that there won't be a...
Forum: Australia
Feb 6th 2010, 7:09 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

The reason I ask is because I've seen "cash" investors in Dubai who were in reality simply speculators who only paid the booking/initial deposit in cash.

Not surprising then that they burnt their...
Forum: Australia
Feb 6th 2010, 6:48 am
Replies: 983
Views: 82,394
Posted By IndieG

Re: Housing bubble in Australia

Do you mean bought outright without a mortgage? Are there any published stats? Ta...
Showing results 1 to 22 of 22


 
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