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Forum: Australia
Apr 20th 2008, 3:27 am
Replies: 68
Views: 7,423
Posted By Wol

Re: House Prices Down under-another thread..

Then they can afford the 4.7% after 15% tax that they are paying us on our retirement savings accounts, then?
Forum: Australia
Apr 18th 2008, 5:17 am
Replies: 68
Views: 7,423
Posted By Wol

Re: House Prices Down under-another thread..

That "good", you mean?

Yes, prices in country NSW are well down on a couple of years ago - people are taking $400 - $600k off their asking prices and still not selling. Some houses have been on...
Forum: Australia
Mar 3rd 2008, 1:26 am
Replies: 68
Views: 7,423
Posted By Wol

Re: House Prices Down under-another thread..

Apples and oranges. Different things.
Forum: Australia
Mar 2nd 2008, 10:50 pm
Replies: 68
Views: 7,423
Posted By Wol

Re: House Prices Down under-another thread..

You are right: but Australian property "investors" (my quotes) are gambling on capital appreciation even today. I think the penny will drop sooner or later but I'm not holding my breath.
Forum: Australia
Mar 2nd 2008, 10:48 pm
Forum: Australia
Mar 2nd 2008, 8:23 am
Replies: 68
Views: 7,423
Posted By Wol

Re: House Prices Down under-another thread..

Just wait and see if this "outbidder" is real or virtual. Unless, of course, you believe estate agents <g>
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