Recent content by trendsta

ahh yes Robots.. rents will just have to keep rising 20% yoy .. only a matter of time until wages catch up... and they also have a lot of catching up to do with rising costs.. maybe they will match the rent rises.. and everyone will be happy.. just "plod" along.

Hi AsxGorilla, My perspective is based on my own views. And many may not share those views, which is fine. I follow a simply philosophy buy low, sell high, and in case of prop dont sell at all .. I agree property is a different beast. Its a case by case scenario for buying a house etc, and...

asxGorilla, im NOT saying prop all over australia is going to crash, or that there is going to be a massive collapse .. Im saying that certain parts of the property market have ALLREADY come down, and some more will continue to do so, due to rising rates and increasing inflation. Thus...

for syd pick any in outer west areas... also some south, and north west... all have negative growth for last 3 years or so (i.e. less than 0% over 3 years). Theres prob a list of 50 suburbs... also have a look at 2006 melb property guide ... there you will see numerous outer suburbs that...

not all prop has gone up during IR rises.. outer syd and melb for example, many regional areas in NSW etc .. exactly right a 2% interest rate rise resulted in outer syd and melb areas being affected .. additional IR rises WILL impact more areas ... the question is how much more IR are...

fair enuf .. do you expect the same performance to be repeated next year, and year after?? the main problem i see is inflation and higher rates ...

btw. my point is the very high levels of household debt are exposed to external shocks such as one that nearly eventuated ... robot, you may personally be a smart property investor with low LVR and good servicability. The problem is not all prop investors are like you... Once they get...

hi robot sorry i didnt understand ur post? are you implying 18% growth on a median melb house of 420k ?? i think the worry robot will not be for the disciplined property investors.. however in this current boom there arent as many disciplined investors.. with higher IR you may see more...

yup thats rite house prices keep on going up ... melb, brisbane, adel have finally caught up .. are there any other 'undervalued' areas we can hunt for?? ... there are few outlying islands with a yield of 5% ... forget about inflation and IR .. we have record unemployment and uncle China is...

Re: XAO Analysis who else??

Re: XAO Analysis yup the USD... Its not so much all these things are rising, its more that USD is falling .. If the store of value is falling, and losing its base value, then its not performing the function for which it was invented (maybe im being too drastic here) ... point being...

Re: XAO Analysis Im not surprised.. Buffet invested in petrochina way back, made his money, and is out .. If recent rumors are true he is buying into Brazil .. The current events are only leading to devaluation of currency.. maybe its a political play to see who backs off first US or...

Re: What happened today Looks like it was the ML news weighing the market...

Re: XAO Analysis US really havent got their house in order.. All these raw materials denominated in USD, are going up (soft commodities, metals, precious metals, oil etc etc). Sooner or later this is going to impact corporate earnings.. US corporations are in no place to pass on those costs...

mac bank started covering MGX and has target of 3.15 given its already producing and has strong cashflow I think MGX wil be looking to acquire some more assets..