Real Estate

[wingman]

> Investment and holiday/retreat.

Go talk to your accountant about what proportion of the interest, council rates, insurance, etc would be tax deductible

 

[Repacked]

12 years ago we bought a house for $175 thou, sold last week for $1mil, Chinese.

When did you turn Chinese?

 

[Goosey]

When did you turn Chinese?

only when cumming

 

[Repacked]

Beautifil, I can just picture you running naked through it in slow motion.

There's a lot of tripping hazards there.

 

[Grunta]

There's a lot of tripping hazards there.

Just go with it Bro

 

[BrisVegasGhost]

So how far will prices go?

I think I heard the median house price for Syd is now 1 mill.
Will Bris ever get to that?

 

[wingman]

So how far will prices go?

I think I heard the median house price for Syd is now 1 mill.
Will Bris ever get to that?

Yes, but not this cycle.

 

[BrisVegasGhost]

Bugger. I was looking forward to haunting the rich mansions.

 

[Grunta]

Sydney kunce are driving Melb prices up, they're out of the market price there so they buy in Melb.
Good for me cos I'm building the Grunta lodge and will sell my current house when finished, be good if the prices continue.

 

[Johnnie Walker]

how do you know they arnt paying cash?

the chinese credit boom is over and if you dont believe me go look at commodity prices

ahem

http://www.wsj.com/articles/china-moves-to-devalue-the-yuan-1439258401

 

[Johnnie Walker]

sure about that? didnt know you followed chinese shadow banking and liquidity

[MENTION=6722]Bazza20[/MENTION]; you should really take note when i speak

 

[Jungnaut]

Yuan devalued now.. whoopity yay!!

 

[wingman]

Sydney kunce are driving Melb prices up, they're out of the market price there so they buy in Melb.
Good for me cos I'm building the Grunta lodge and will sell my current house when finished, be good if the prices continue.

They're buying every where. Now that Sydney market has topped up getting a lot of Sydney enquiries in Adel and bris

 

[mosikiw]

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