Sean K
Moderator
- Joined
- 21 April 2006
- Posts
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So, what is your intent NC?lollercoaster Davo since when is presenting links and personal opinions on a subject trolling ?
Something tells me that Davo is fretting that his little piece of Queensland mango farm wont return his projected 50pc.
If you guys think Housing prices at 10x plus Earning ratios is good buying, well go ahead knock yourselfs out, Im basically showing its detachment from any time in history.
ps. whats GHPCF ?
So, what is your intent NC?
What are you telling me to do?
Aren't you telling me, and anyone else, to sell my house?Merely adding to the debate that "House prices to stagnate for 'years'"
I dont think that Ive attempted to tell you to do anything ?
Each to their own on Investment decisions!! and after all we all need a roof over our heads hey!
Aren't you telling me, and anyone else, to sell my house?
Since we're putting it on the table, buying a house to live in, is a financially bad decision, imo, atm.Nope not this little black duck, are you telling me and everyone else to buy a house?
lollercoaster Davo since when is presenting links and personal opinions on a subject trolling ?
Something tells me that Davo is fretting that his little piece of Queensland mango farm wont return his projected 50pc.
If you guys think Housing prices at 10x plus Earning ratios is good buying, well go ahead knock yourselfs out, Im basically showing its detachment from any time in history.
ps. whats GHPCF ?
There are dozens of Bearish RE forums and hundreds of blogs... google is good.hello,
global house price crash forum, is it still going?
does anybody have the new address
thankyou
robots
hello,
looks like you will do well kathmandu,
http://www.theaustralian.news.com.au/story/0,25197,22353393-12377,00.html
i think you're increases are locked in, as might see a period of little flatter growth over the next few months
good stuff, keep bringing in those immigrants little johnny
thankyou
robots
Fudged figures. Does anyone really believe that units cost 400K lol
The housing market is in for a rude awaking
Fudged figures. Does anyone really believe that units cost 400K lol
The housing market is in for a rude awaking
AN AVERAGE house in an average suburb, with an average mortgage ”” a decade or so ago, it almost would have been a birthright. But not now. With Australia having the worst housing affordability of any developed English-speaking nation, a growing chorus of economists, lenders and politicians are calling for interest payments on mortgages to be tax deductible.
http://www.theage.com.au/news/natio...d-a-better-way-/2007/09/01/1188067438559.html
I like the idea of tax deductible mortgages like other countries, even up the playing field, but it would essentially have no one paying income tax anymore Investors and occupiers alike writing of there entire income tax in deductions virtually!
Whats you feeling folks ? Realestate bulls would probably love it too, would keep prices up im sure!
According to the Austrian economic theory (as per the videos I posted elsewhere) a bust is unavoidable where there has been a boom.http://www.theage.com.au/news/national/the-australian-nightmare-can-we-find-a-better-way-/2007/09/01/1188067438559.html
I like the idea of tax deductible mortgages like other countries, even up the playing field, but it would essentially have no one paying income tax anymore Investors and occupiers alike writing of there entire income tax in deductions virtually!
Whats you feeling folks ? Realestate bulls would probably love it too, would keep prices up im sure!
I doubt making interest payments on mortgages will make houses any more affordable for anyone but those who already own them (primarily the baby boomers).
As we saw with the first home buyers grant, all it seems to achieve is to drive up prices. What would make this any different?
Furthermore, it would encourage further investment in unproductive capital.
Quote:
Originally Posted by numbercruncher
http://www.theage.com.au/news/nation...067438559.html
I like the idea of tax deductible mortgages like other countries, even up the playing field, but it would essentially have no one paying income tax anymore Investors and occupiers alike writing of there entire income tax in deductions virtually!
Whats you feeling folks ? Realestate bulls would probably love it too, would keep prices up im sure!
Fudged figures. Does anyone really believe that units cost 400K lol
The housing market is in for a rude awaking
I like the idea of tax deductible mortgages like other countries, even up the playing field, but it would essentially have no one paying income tax anymore Investors and occupiers alike writing of there entire income tax in deductions virtually!
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