Wish i had 400k ready and waiting to make low offers to greedy investor's I'd love it.
(I'd offer them a decent amount to get rejected because their greedy, then if they call back I'd lower it by 50k) Then if they said OK, i'd say nahhh, shit outa luck.
Bit spiteful, but their greed is hindering my life plans on what i want to do. i don't want a life of paying back debt. Better things to do with my life i tell u that....
Yeah everything is booming! even qld state government can see that and has hired heaps of staff as of late!!
RIO is also doing HEAPS of hiring i see too! BOOM BOOM BABOOM
*please note sarcasm in this post*
Its a dead cat bounce, no one wants to go into debt for investing to subside renters... or just to pay 15-20 in interest to the mugs, i ain't. Screw em.
The dirty govt stimuli is working though at the moment so give it another 3 - 6 by Xmas and see retail die for good because everything STILL owes BUCKET loads on properties paying HUGE interest back to banks, nothing left except for a cheap Chinese toy for the kids.
Only thing that will make prop prices increase in 5-10% is sucking more stupid people in like me who are promised riches with BS incentives to get them in!!
Remember there is rather large sum outstanding to banks, TRILLIONS OF DOLLARS IN DEBT.
Bottomed my arse.
Show me the facts, not RP data BS with 1% BS rises with their pathetic indexing tools.
I mean, fine negative gear it, because the rent doesn't even cover the bloody interest charged by banks.
Isn't that one main key fundamental to housing prices?
