aussie housing market looked like a bubble set, page-20

Bit like a bloke I met only yesterday.

he rang me in an absolute panic after reading an article about the world collapsing.


he said..... "i must sell, the market is going to crash"

I said..... "ok how much do u want for the house?"

he said..... "well the rates notice says 210k so I will give it to you for 10% less.....$189,000.

I said "done deal".

My valuer valued the property at $229,000.....lol

Then to top it off ......he asked if he could still live there as a renter at $300 week.

I said ...."sure knock yourself out."

So no money down.....and only need to tip in $30 week, and $40k in equity day one.

My valuer and I just shook our heads...lol.