Dona Ferentes
Abrió la caja, vio al gatito, y sonrió
- Joined
- 11 January 2016
- Posts
- 15,643
- Reactions
- 21,296
Built to a standard, not to a price
The future of Australian property prices
- Thread starter Joe Blow
- Start date
- Joined
- 14 February 2005
- Posts
- 15,190
- Reactions
- 17,194
Agreed it does.
For any construction or even major maintenance work though it's the old triangle:
Time
Cost
Quality
Pick whichever two you want and the other will be sacrificed to do it. No you can't have all three.
Under present circumstances builders have a huge incentive to get it done quickly so it's not time they're likely to sacrifice.
Mohammed Hazabig'un
Fundamentalist
- Joined
- 15 May 2022
- Posts
- 157
- Reactions
- 359
There's still going to be areas of appreciating value even as IRs rise. I cashed in my ASX etc holdings mid 2021 before that August peak, bought a Property in August, promptly realised it's aging would cost me a bundle so sold it in March for almost a 20% gain (6 months!).
Affordability is the number one driver of property values don't they say.
Affordability is the number one driver of property values don't they say.
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,752
- Reactions
- 12,945
No surprises here, but ample evidence of why g'mint will continue to pump property values by any means.
Politician Property Moguls: Real Estate owned by Aussie MPs, Senators
It can be revealed that most politicians are in a class of their own when it comes to property, many with sizeable real estate portfolios.
www.realestate.com.au
JohnDe
La dolce vita
- Joined
- 11 March 2020
- Posts
- 4,105
- Reactions
- 6,088
No surprises here, but ample evidence of why g'mint will continue to pump property values by any means.
Politician Property Moguls: Real Estate owned by Aussie MPs, Senators
It can be revealed that most politicians are in a class of their own when it comes to property, many with sizeable real estate portfolios.www.realestate.com.au
An average of 2 homes each, with 65% owning 3 properties. As long as the investments are legal and above board I have no problem with our MPs being smart enough to be able to invest. It would be worrying if our MPs left their wages in the bank, or spent it all and had no investments.
- Joined
- 3 July 2009
- Posts
- 27,357
- Reactions
- 24,105
It does kind of lend itself to a conflict of interest, like they will agree to halve the value of their investments, in order to sell them to someone else cheaper.No surprises here, but ample evidence of why g'mint will continue to pump property values by any means.
Politician Property Moguls: Real Estate owned by Aussie MPs, Senators
It can be revealed that most politicians are in a class of their own when it comes to property, many with sizeable real estate portfolios.www.realestate.com.au
You would wonder about their intelligence, but admire their benevolence, at their sacrifice for the greater good.
Sounds like a politician, who is there for the good of the country and its constituents, nah they wouldn't last 5 minutes their backs would look like a knife block. ?
No surprises here, but ample evidence of why g'mint will continue to pump property values by any means.
Politician Property Moguls: Real Estate owned by Aussie MPs, Senators
It can be revealed that most politicians are in a class of their own when it comes to property, many with sizeable real estate portfolios.www.realestate.com.au
Keep pumping up that bubble when you have skin in the bubble.
it's like the Pelosi family where one is a lawmaker and by pure chance the other seems to know the exact perfect time to invest or dump investments...two things are unrelated and it's a conspiracy theory to think otherwise.
Kind of funny that Labour polly's running as the social justice warriors fighting the greedy capitalists have no problem making themselves lords of the land.
BLM the proud "trained communists" also have a taste for million dollar property investments while they burn down small businesses.
wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
- 25,752
- Reactions
- 12,945
Cynicism should be the first response to anything that is done in the clown world.
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,245
- Reactions
- 7,360
The problem is when they start changing/stacking the system to favour those very investments, which they have.An average of 2 homes each, with 65% owning 3 properties. As long as the investments are legal and above board I have no problem with our MPs being smart enough to be able to invest. It would be worrying if our MPs left their wages in the bank, or spent it all and had no investments.
- Joined
- 20 July 2021
- Posts
- 11,344
- Reactions
- 15,738
it would be interesting to see the mortgage status of those houses ( that would be a BIG incentive to manipulate official interest rates , in some cases )An average of 2 homes each, with 65% owning 3 properties. As long as the investments are legal and above board I have no problem with our MPs being smart enough to be able to invest. It would be worrying if our MPs left their wages in the bank, or spent it all and had no investments.
- Joined
- 20 July 2021
- Posts
- 11,344
- Reactions
- 15,738
that is human nature , and it is the rare person who can resist that completely ( i doubt we could find 60 senators like that )
- Joined
- 28 August 2010
- Posts
- 1,154
- Reactions
- 1,720
Easier to give themselves a raise ?
- Joined
- 20 July 2021
- Posts
- 11,344
- Reactions
- 15,738
well given the number of Federal Reserve officials observed doing similar , i would suggest the cynicism is warranted
- Joined
- 20 July 2021
- Posts
- 11,344
- Reactions
- 15,738
but the wage rises are decided by an independent ? panel and MIGHT affect the politician's popularity( elect-ability )
over9k
So I didn't tell my wife, but I...
- Joined
- 12 June 2020
- Posts
- 5,245
- Reactions
- 7,360
"independent"
- Joined
- 8 June 2008
- Posts
- 12,820
- Reactions
- 18,766
Not mentioned much here
www.wsj.com
A key role in Australian RE pricing
WSJ News Exclusive | China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia
An internal Communist Party directive bars senior officials from owning property abroad or stakes in overseas entities, whether directly or through spouses and children.
www.wsj.com
- Joined
- 20 July 2021
- Posts
- 11,344
- Reactions
- 15,738
don't just think of accommodation ( housing ) properties , the sanctions of Russia will have a LOT of smart people thinking ( Indians , folks of Middle Eastern ethnics , etc. etc. , anyone with big juicy assets there to steal OOPS , i mean freeze/seize )Not mentioned much here
A key role in Australian RE pricingWSJ News Exclusive | China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia
An internal Communist Party directive bars senior officials from owning property abroad or stakes in overseas entities, whether directly or through spouses and children.
- Joined
- 20 July 2021
- Posts
- 11,344
- Reactions
- 15,738
did you see the Italians seized a luxury yacht owned by a Russian who was NOT on any sanctions list
seems he was in a photo with a billionaire who was photographed ( in a different photo ) with Putin
close enough for the Italians
seems he was in a photo with a billionaire who was photographed ( in a different photo ) with Putin
close enough for the Italians
- Joined
- 28 August 2010
- Posts
- 1,154
- Reactions
- 1,720
source?
- Joined
- 8 June 2008
- Posts
- 12,820
- Reactions
- 18,766
Remember they are seizing assets of russians with double nationalities as well..better make sure France behaves otherwise my 12y old ute goes straight to the ato to reimburse former french colonies or whatever...
I am in a frantic move to put some assets outaide the moronic west, so if i was Indian or middle eastern, or obviously asian, no way would i bring all my assets here...
