The Resecession

> 10 years ago
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cisco
cisco
QLD
12365 posts
QLD, 12365 posts
21 May 2012 11:45pm
pierrec45 said...

How can the vacancy rate be so disconnected with the 2 rent curves ??
Makes not sense...


Rents keep pace with house values or vice versa, at a lousy 3.5% return rate.

When vacancy rates are high, tenants will trash your joint.

When vacancy rates are low, they will still do it but less often.

cisco
cisco
QLD
12365 posts
QLD, 12365 posts
21 May 2012 11:48pm
busterwa said...

Rich get Richer poor get poorer.


What Peter Garrett said was:- The rich get richer, the poor get the picture.

62mac
62mac
WA
24860 posts
WA, 24860 posts
22 May 2012 5:54am
and the bombs never hit you when your down so low!
Waterloo
Waterloo
QLD
1497 posts
QLD, 1497 posts
22 May 2012 8:09am
....there must be some solution, but I just don't know....
japie
japie
NSW
7146 posts
NSW, 7146 posts
22 May 2012 1:05pm
Just take every breath as it comes.
evlPanda
evlPanda
NSW
9207 posts
NSW, 9207 posts
22 May 2012 2:59pm
62mac said...

and the bombs never hit you when your down so low!


you're
felixdcat
felixdcat
WA
3519 posts
WA, 3519 posts
22 May 2012 1:12pm
kiteboy dave said...

^^^ Little tip my man, next time you quote someone, don't repeat their pics unless you really need to. Save everyone scrolling scrolling scrolling.




Except if the pic is a sexy female swedish backpacker posing in front of her for sale van!

GreenPat
GreenPat
QLD
4103 posts
QLD, 4103 posts
22 May 2012 3:39pm
busterwa said...








Does this really need a diagram to understand?
pweedas
pweedas
WA
4642 posts
WA, 4642 posts
22 May 2012 3:21pm
A picture is worth a thousand words.
Did you want a thousand word post on this?
dinsdale
dinsdale
WA
1227 posts
WA, 1227 posts
22 May 2012 3:50pm
pweedas said...

A picture is worth a thousand words.
Did you want a thousand word post on this?

Yes please! But no cut n paste .

cisco
cisco
QLD
12365 posts
QLD, 12365 posts
22 May 2012 11:53pm
I couldn't tell you what it was WORTH 5 years ago but it might have sold 5 years ago for $4 to 5 hundred thou.

You could find out if you have access to RP Data.

Bargara was "discovered" 10 years ago, went through a unit building boom and now suffers from an oversupply of units.

However that unit has prime position, three bedrooms, two bathrooms, two kitchens and has dual entry.

There a few around in that price range but this one is kinda special.
adolf
adolf
1862 posts
1862 posts
22 May 2012 10:04pm
I'd live there - what would you do for work?

Does anyone there need crappy four page websites built with a contact form? What about EDM's and banner ads, does anyone have shops that are still open?

What about lawn mowing?

I know, maybe, I'll cut my hair, start smoking big cigars and wear a suit with leather patches on the elbow. I'll tell all the hicks I'm a fancy arse stockbroker from Melbourne and give them investment advice. At least they won't be buying at the top of the market.
cisco
cisco
QLD
12365 posts
QLD, 12365 posts
23 May 2012 11:51pm
adolf said...

I'd live there - what would you do for work?


What about lawn mowing?




Yeah. I am sure Jim's Mowing or Jame's Home Services would be quite happy to sell you the Bargara Refidex page for $50,000.

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