Total rubbish.hello,
you just need to get down to walmart to pick-up a 9mm and a 303 to pop cap to stay alive,
probably best to join the lynch mob
thankyou
robots
hello,
that 40k bargain could well be in a bad area, you see plenty of action on "cops"
guys riding around on pushies with loaded in pocket,
people waving guns in the air, school shooting after school shooting,
no, no guns there
guess thats why it is 4x earnings or so
thankyou
robots
that 40k bargain could well be in a bad area, you see plenty of action on "cops"
Total rubbish.
I grew up in the states and never even saw a gun. Some areas are bad, but most middle class are as safe as.... errr, houses.
I've just done a quick calculation on what was paid for my house 14 years ago versus what it's worth now, and it averages 9% p.a.
There have been no mortgage payments but it would be necessary to deduct ongoing maintenance and improvements which would probably bring it down to about 8.5% p.a.
And then there's the immeasurable benefit of never having to worry some landlord is going to throw you out and the further benefit of being able to whatever you want.
Australian mortgage-backed bond sales fell to the lowest in three years as the fallout from the U.S. housing recession cut demand for the assets in the second half of the year.
Sales of bonds backed by Australian home loans plunged 87 percent in the last six months to A$5.9 billion ($5.2 billion), from a record high of A$44.4 billion in the first half of the year, according to Deutsche Bank AG. Issuance fell 12 percent this year to A$50.3 billion, the lowest since 2004.
It's a sad state of affairs when the number of home repossessions have almost doubled in the last year across the country
In the fall-out from 11 straight interest rate rises, nearly 80 people a week in New South Wales alone are given their marching orders after defaulting on their loans.
In Sydney, the south-west has been confirmed as Australia's worst area for mortgage pain.
One in two homeowners like Leanne James have been pushed to the brink after defaulting on her loan.
Hunters, people in inner cities, criminals. Don't get me wrong, lots of people have guns and there is certainly a gun problem in the US.Wayne serious question, given the legal hand gun ownership levels in the states who is it in your experience that has guns in the US .
But, but, but, housing prices never go down, do they?
I've seen similar price drops in West Virginia as well.
My entry into Real Estate will be when there's Real Estate spruiker's blood on the streets...
Will post as I come across them.hello,
thats typical BTL wayne, any chance for some stats on a nice london place,
this why I say same thing happened here in Aus to the BTL in melb 03-04 (docklands etc), many prices dropped the "developer" profit,
but it is catch twenty two because "accommodation" needs to be built by somebody and it was developers at that time (02-04)
it is only now the "investor" is starting to catch up with capital gain,
this stuff still goes on and many people get hoodwinked by salesman
thankyou
robots
Was just thinking of the possibilities if property prices came down.....
Using loan portability (transfering the loan from 1 security to the next), I could upgrade my house from out in the suburbs to a beach location!
True I wouldn't want to sell my house due to possible negative equity, but why not just increase the living value by changing location, house size/quality etc?
Sounds great to me.
That's what everyone thought in the US 2 years ago. Wait until the Credit Crunch hit's commodities. Then we'll see Aussie House Prices come back to reality...Nice thought isn't it,.... bit of a pipe dream though.
I don't see property dropping that dramatically any time soon, and if it does it won't be down for long.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?