zaph

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Everything posted by zaph

  1. http://www.domain.co...0into%20reverse fall's out the bottom of? not a plunge, not a drop, not even a correction, nor a backwards but 'reverse' Interest rate rises send house prices into reverse Author: Chris Vedelago Date: November 24, 2009 Publication: Sydney Morning Herald (subscribe) Get ready for a surprise. Despite the appearance of a market on fire, new figures from Residex show that property prices may have lost ground for the first time in six months. Residex reports median house values dropped 0.91 per cent nation-wide and 1.15 per cent in Melbourne in October, a sharp reversal on the moderate to strong growth witnessed every month since April.
  2. Just give me the price. Shell games I don't appreciate.
  3. I think I'll go for the 25 plan. That should be enough and if I need more I can just pay more. 12 was always enough in my old place. Once I'm there i'm thinking of getting the residents together for a better deal.
  4. i just went to an auction in the next street. at previous auctions the auctioneer is very clear when he is making a vendor bid. at this one the auctioneer (who sounded more like a race caller) did not make it clear at all. what are others experiences? there was clearly only one bidder who opened at 480 and bid against the vendor to get to 560 where it stopped. the auctioneer went to the vendor and then the bidder was ushered inside. a while later they all appeared, the bidder said he was biding 590, the auctioneer said reserve had been met, the house was on the market - and of course no one bid any more. sold for 590. would you bid against yourself? crazy!
  5. Thanks. Is it wind powered?
  6. Thanks. I had naked ADSL at the last place and that was fine. I don't know how many g's my phone has but when I've tried to use it for the internet it won't play video. So the cost is just really about the speed? They seem to all be all you can eat these days.
  7. I need electricity and bottled gas too - recommendations? What sort of dumb f*ck builder puts gas water heating and electric stoves in a place in Asia/India central? Asians and Indians loving cooking with gas - if it's not provided they set up a gas stove themselves. Gas is only provided on tap to a few burbs in Brisbane. Everyone else has to get bottles delivered. They are big bottles but still end up expensive.
  8. I need to get the internet turned on at my new place. Apparently there is NBN so I can't get non NBN internet - which would be fine. Any recommendations for NBN? I'd say the internet is the same who ever is billing me, so it's just price mostly.
  9. People love to whinge about the purchase cost of housing. I got a 3 bed townhouse for $310k - great condition. as new. For $285 you could buy one that is functional but smells of Indians and needs a bloody good clean.
  10. It sparkles!!
  11. Today I purchased a townhouse in calamvale. two shillings and threepence - i'll be fine.
  12. Ad for a townhouse. One large widow would come in handy as a housekeeper. Not sure what I would do with the other.
  13. Windmills and solar is cheapest. But you will want to burn a fossil.
  14. So you are a housewife?
  15. Wait and see. The Liberal/national/country et al coalition knows how to run up debt. They hold the record. At a time when it was not necessary. It's housewife economics to say a deficit is always bad. $3b? Humphrey drops that on lunch.
  16. I wouldn't place a bet. USA elections are as much about who can be bothered voting as who the people want. IMO HRC lost in 16 because enough people who supported her, or at least not Trump, didn't bother to vote. In 2020 I suspect equal people will be more motivated to turn up to vote for or against Trump. Depends on the Dem alternative. Depends on the colleges. Trump is useless at everything he's done, but is a superb grifter. Politics is the long con and Trump is the master of long cons. You can't con an honest (wo)man and apart from 'sh*t hole' countries the USA has most dishonest people. So I predict Trump will win the next election.
  17. The various agreements to reduce carbon emissions are routinely broken by the govts that agree to them.
  18. No. No huge Brisbane wide rally in in that time. This is not Melb/Syd. My burb increased more than the Brisbane wide median. Luck of where I wanted to live rather than a wise investment decision. It's late so I'm not going to look back over the figures but my buying was much better than renting. I'm probably up ~100k for buying over renting. I suspect the Brisbane wide average would be closer to break even and in some burbs and types of housing renting would be financially favourable to buying. If I'd sold 9 months early I would have got another 50k. If i'd purchased 9 months early I would have paid $50k less. A unit/townhouse/apartment (unit) in the area would have favoured renting. A lot of supply. I'm now looking at buying a unit in the area for less than the sale price 7 years ago. Probably around 15% less. There are a lot of units on the market in the area ATM and not a lot of demand.
  19. Hired. Fired. Rehired. Resigned - potentially all in the space of a few months.
  20. Ill bring the sauce. Oh wait, doesn't Anders live in one of the Stan's?
  21. You do know a 100 year event doesn't happen exactly every 100 years? It may happen every year for 5 years and not again for several hundred.
  22. Who doubled, or was it tripled the debt unnecessarily? Your sh*t coloured political glasses are coke thick. <Globuall warming is a sham. Libs/nats/CLP are good. Labor is bad. Greens are worse. > Should have gone to spec savers.
  23. There are certainly more people bearish on housing than recent past times. But I wouldn't say everyone, or even most. "Bricks and mortar" still hold a big place in people's hearts (most invest/decide with their hearts) - that's not just an Australian thing. So it should. Be alert, but not alarmed. IMO there is a correction, not a crash coming/happening. Some burbs, housing types, cities, states will bust, some correct, a few boom and most will just tread water.