Australian Politics Forum - House Prices on the move... UP!

Sir lastnail

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Re: House Prices on the move... UP!
Reply #45 - Feb 12^th, 2013 at 4:30pm

longweekend58 wrote on Feb 12^th, 2013 at 3:39pm:

Sir lastnail wrote on Feb 12^th, 2013 at 2:18pm:

longweekend58 wrote on Feb 12^th, 2013 at 1:42pm:

Sir lastnail wrote on Feb 12^th, 2013 at 12:17pm:

longweekend58 wrote on Feb 12^th, 2013 at 12:08pm:

Sir lastnail wrote on Feb 12^th, 2013 at 11:08am:

longweekend58 wrote on Feb 12^th, 2013 at 11:05am:

how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.

so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?

ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.

all because the ABS says so Grin

so why aren't you buying dickhead ?

surely you can't lose Grin

you dont beleive ANYONE other than your self.

probably explains your perpetual life failure.

says he who borrows against his own home and risks it on a hair brained business venture but won't take his own financial advice and buy property which apparently you can't lose on. Go figure !!

just because your business venture failed doesnt mean everyone else's done. I take risks - measured risks - and like everyone else I need seed capital. At least I have a home still. You never have.

but according to you property is no risk and you can make a quick and easy buck with minimal effort because house prices always rise in australia.

So how come you haven't jumped on the gravy train ?

You can't lose !!

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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longweekend58

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Re: House Prices on the move... UP!
Reply #46 - Feb 12^th, 2013 at 4:57pm

Sir lastnail wrote on Feb 12^th, 2013 at 4:30pm:

longweekend58 wrote on Feb 12^th, 2013 at 3:39pm:

Sir lastnail wrote on Feb 12^th, 2013 at 2:18pm:

longweekend58 wrote on Feb 12^th, 2013 at 1:42pm:

Sir lastnail wrote on Feb 12^th, 2013 at 12:17pm:

longweekend58 wrote on Feb 12^th, 2013 at 12:08pm:

Sir lastnail wrote on Feb 12^th, 2013 at 11:08am:

longweekend58 wrote on Feb 12^th, 2013 at 11:05am:

how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.

so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?

ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.

all because the ABS says so Grin

so why aren't you buying dickhead ?

surely you can't lose Grin

you dont beleive ANYONE other than your self.

probably explains your perpetual life failure.

says he who borrows against his own home and risks it on a hair brained business venture but won't take his own financial advice and buy property which apparently you can't lose on. Go figure !!

just because your business venture failed doesnt mean everyone else's done. I take risks - measured risks - and like everyone else I need seed capital. At least I have a home still. You never have.

but according to you property is no risk and you can make a quick and easy buck with minimal effort because house prices always rise in australia.

So how come you haven't jumped on the gravy train ?

You can't lose !!

poor diddums...

still reacting to
1) business failure
2) relationship failure
3) financial failure
4) educational failure
5) and more...

stop venting your failures here and blaming everybody else for your stupidity.

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Carl D

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Re: House Prices on the move... UP!
Reply #47 - Feb 12^th, 2013 at 5:37pm

longweekend58 wrote on Feb 12^th, 2013 at 10:49am:

so why at 80 had she not already bought and paid for her own home? if u take the advice of the lieks of stupid-nail or pansi then you will rent all the time and end up like your aunt. If you take more traditional advice and buy a home when you are younger then when you are old you dont need to rent at all and you can even reverse mortgage or downsize and enjoy the cash.

Well, if you can provide us with a working time machine to take us back about 40 years I'm sure we'll be able to make good use of your advice.

But, back in the real world, we have to make the best of what we have. Paying $177 a week rent as we do now sure beats paying $450 a week (that's the average rent here in Perth at the moment, btw).

I worked out some time ago that I'm better off living in public housing paying a quarter of my income (which, in WA public housing at the moment is $430 a week before tax) than I would be working full time and paying private rent.

That means I work about 20 hours a week with lots of spare time to take care of my aunt and take her out, etc.

At least if anything happens to me, my elderly aunt will have an affordable place to live in. Her pension wouldn't even cover the cost of the cheapest private rental in Perth right now. And, we're not at the mercy of private landlords who might decide to kick you out because they want to sell the place, etc.

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Carl D

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Rivervale, Perth
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Re: House Prices on the move... UP!
Reply #48 - Feb 12^th, 2013 at 5:42pm

longweekend58 wrote on Feb 12^th, 2013 at 3:36pm:

aquascoot wrote on Feb 12^th, 2013 at 2:04pm:

Carl D , 10 posts and you're already calling him longy. please identify yourself Cheesy

hes one of those ALP-paid socks that were reported yesterday. its just another ID from the same small crowd.

Helllloooo... wakey wakey.

As I mentioned in another post last week, I was a member here (using the name Carl D) until late last year when I deleted my account. I think I had about 125 posts at the time.

I'd also been lurking here for ages even before I first signed up here so I was already familiar with a lot of the different 'personalities'.

Is everything clear now?

Oh... you're forgiven again.

Namaste.

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** Repeat Covid infections exercise our immune system in the same way that repeat concussions exercise our brain **

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Bobby. Gold Member Offline Australian Politics Posts: 104688 Melbourne Gender:	Re: House Prices on the move... UP! Reply #49 - Feb 12^th, 2013 at 5:44pm Longweekend, poor diddums... Quote: still reacting to 1) business failure 2) relationship failure 3) financial failure 4) educational failure 5) and more... stop venting your failures here and blaming everybody else for your stupidity. All false allegations made against Nail. forgiven namaste
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Sir lastnail

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Re: House Prices on the move... UP!
Reply #50 - Feb 12^th, 2013 at 5:57pm

longweekend58 wrote on Feb 12^th, 2013 at 4:57pm:

poor diddums...

still reacting to
1) business failure
2) relationship failure
3) financial failure
4) educational failure
5) and more...

stop venting your failures here and blaming everybody else for your stupidity.

and speaking of failures how's your bullshit business going lately Grin

has the bank come to repossess you house yet. Donl;t worry give it a bit more time Grin

and what's with this diddums all of the time ? you sound like a fag.

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Sir lastnail

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Re: House Prices on the move... UP!
Reply #51 - Feb 12^th, 2013 at 6:00pm

Carl D wrote on Feb 12^th, 2013 at 5:37pm:

longweekend58 wrote on Feb 12^th, 2013 at 10:49am:

so why at 80 had she not already bought and paid for her own home? if u take the advice of the lieks of stupid-nail or pansi then you will rent all the time and end up like your aunt. If you take more traditional advice and buy a home when you are younger then when you are old you dont need to rent at all and you can even reverse mortgage or downsize and enjoy the cash.

Well, if you can provide us with a working time machine to take us back about 40 years I'm sure we'll be able to make good use of your advice.

But, back in the real world, we have to make the best of what we have. Paying $177 a week rent as we do now sure beats paying $450 a week (that's the average rent here in Perth at the moment, btw).

I worked out some time ago that I'm better off living in public housing paying a quarter of my income (which, in WA public housing at the moment is $430 a week before tax) than I would be working full time and paying private rent.

That means I work about 20 hours a week with lots of spare time to take care of my aunt and take her out, etc.

At least if anything happens to me, my elderly aunt will have an affordable place to live in. Her pension wouldn't even cover the cost of the cheapest private rental in Perth right now. And, we're not at the mercy of private landlords who might decide to kick you out because they want to sell the place, etc.

and this dude longloser is supposed to be a christian that frequents a church each week.

can you believe that from the way he scorns at people's unfortunate circumstances in life ?

Go figure !!

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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John Smith

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Re: House Prices on the move... UP!
Reply #52 - Feb 12^th, 2013 at 7:00pm

Bobby. wrote on Feb 12^th, 2013 at 4:03pm:

John Smith wrote on Feb 12^th, 2013 at 3:08pm:

Bobby. wrote on Feb 12^th, 2013 at 2:06pm:

John Smith,
Quote:

It is not up to landlords to subsidise for those that cannot afford ... that's govt.s job.

It's actually the landlords who have to increase rent to pay the tax on the income they get for rents.

The Federal Government's high taxes have caused rents to increase.

that must be it ..... not

most investment properties are negatively geared and you save more tax than what you pay ... good attempt though Bobby, keep trying.

I know many people who own investment flats who have had to
put up their rents because they were being chased for tax.

but was the tax owed because of the rent, or was the tax owed because of bad business practices and they were simply trying to use rent to cover the tax that they owed regardless of the investment property??

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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John Smith

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Re: House Prices on the move... UP!
Reply #53 - Feb 12^th, 2013 at 7:05pm

Sir lastnail wrote on Feb 12^th, 2013 at 4:30pm:

longweekend58 wrote on Feb 12^th, 2013 at 3:39pm:

Sir lastnail wrote on Feb 12^th, 2013 at 2:18pm:

longweekend58 wrote on Feb 12^th, 2013 at 1:42pm:

Sir lastnail wrote on Feb 12^th, 2013 at 12:17pm:

longweekend58 wrote on Feb 12^th, 2013 at 12:08pm:

Sir lastnail wrote on Feb 12^th, 2013 at 11:08am:

longweekend58 wrote on Feb 12^th, 2013 at 11:05am:

how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.

so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?

ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.

all because the ABS says so Grin

so why aren't you buying dickhead ?

surely you can't lose Grin

you dont beleive ANYONE other than your self.

probably explains your perpetual life failure.

says he who borrows against his own home and risks it on a hair brained business venture but won't take his own financial advice and buy property which apparently you can't lose on. Go figure !!

just because your business venture failed doesnt mean everyone else's done. I take risks - measured risks - and like everyone else I need seed capital. At least I have a home still. You never have.

but according to you property is no risk and you can make a quick and easy buck with minimal effort because house prices always rise in australia.

So how come you haven't jumped on the gravy train ?

You can't lose !!

just after I posted my comments here this afternoon I had a meeting with my tiler ( i needed a quote) and he was telling me about his latest property deal .... bought it 13 months ago, paid $280k, spent about $50 on renovations while he was living in it, all renovations were done during his spare time, sold it recently for a net profit of $75 k. tax free.

you show me any other sort of investment where you can make that sort of money in your spare time, tax free ... and all the while he wasn't paying some other smucks mortgage while by paying rent.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Bobby.

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Re: House Prices on the move... UP!
Reply #54 - Feb 12^th, 2013 at 7:43pm

John Smith wrote on Feb 12^th, 2013 at 7:00pm:

Bobby. wrote on Feb 12^th, 2013 at 4:03pm:

John Smith wrote on Feb 12^th, 2013 at 3:08pm:

Bobby. wrote on Feb 12^th, 2013 at 2:06pm:

John Smith,
Quote:

It is not up to landlords to subsidise for those that cannot afford ... that's govt.s job.

It's actually the landlords who have to increase rent to pay the tax on the income they get for rents.

The Federal Government's high taxes have caused rents to increase.

that must be it ..... not

most investment properties are negatively geared and you save more tax than what you pay ... good attempt though Bobby, keep trying.

I know many people who own investment flats who have had to
put up their rents because they were being chased for tax.

but was the tax owed because of the rent, or was the tax owed because of bad business practices and they were simply trying to use rent to cover the tax that they owed regardless of the investment property??

In one case it was a house that was split into upstairs & downstairs.
The downstairs was a small separate living area with: one bedroom, a kitchen , laundry & living room.
The person concerned was just an old age pensioner who was trying to make an extra
$180 a week on their pension from rent.
That person also worked part time for a citizens advice bureau & the end
result was that the tax was so high that they lost all their income
from that part time job in tax.

He then put the rent up & gave up his part time job.
He is 85 years old & even he was chased for tax.

shame!

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Sir lastnail

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Re: House Prices on the move... UP!
Reply #55 - Feb 12^th, 2013 at 8:07pm

John Smith wrote on Feb 12^th, 2013 at 7:05pm:

just after I posted my comments here this afternoon I had a meeting with my tiler ( i needed a quote) and he was telling me about his latest property deal .... bought it 13 months ago, paid $280k, spent about $50 on renovations while he was living in it, all renovations were done during his spare time, sold it recently for a net profit of $75 k. tax free.

you show me any other sort of investment where you can make that sort of money in your spare time, tax free ... and all the while he wasn't paying some other smucks mortgage while by paying rent.

tell that to longloser, he thinks you can run an economy exclusively by flipping houses to each other at ever increasing prices even though he never participates himself Wink

And there were plenty of good luck stories like that in Ireland, so what happened in the end ?

but if it's all win win win for everyone and nobody loses then who's paying the interest on the 1.3 trillion dollars of housing debt in australia ?

http://www.australiandebtclock.com.au/

win win win !! you can't lose just like Ireland , Spain, US, Japan etc. They were all winners on property deals Wink

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« Last Edit: Feb 12^th, 2013 at 8:29pm by Sir lastnail »

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Sir lastnail

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Re: House Prices on the move... UP!
Reply #56 - Feb 12^th, 2013 at 8:13pm

John Smith wrote on Feb 12^th, 2013 at 7:00pm:

Bobby. wrote on Feb 12^th, 2013 at 4:03pm:

John Smith wrote on Feb 12^th, 2013 at 3:08pm:

Bobby. wrote on Feb 12^th, 2013 at 2:06pm:

John Smith,
Quote:

It is not up to landlords to subsidise for those that cannot afford ... that's govt.s job.

It's actually the landlords who have to increase rent to pay the tax on the income they get for rents.

The Federal Government's high taxes have caused rents to increase.

that must be it ..... not

most investment properties are negatively geared and you save more tax than what you pay ... good attempt though Bobby, keep trying.

I know many people who own investment flats who have had to
put up their rents because they were being chased for tax.

but was the tax owed because of the rent, or was the tax owed because of bad business practices and they were simply trying to use rent to cover the tax that they owed regardless of the investment property??

there are 850,000 people in mortgage and rental stress in australia. Contrary to your beliefs there are a lot of people who lose on property deals. If it was such a winner you wouldn't need to do anything else other than sell houses to each other at ever increasing prices and bank debt Wink

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« Last Edit: Feb 12^th, 2013 at 8:19pm by Sir lastnail »

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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John Smith

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Re: House Prices on the move... UP!
Reply #57 - Feb 12^th, 2013 at 9:01pm

Sir lastnail wrote on Feb 12^th, 2013 at 8:13pm:

John Smith wrote on Feb 12^th, 2013 at 7:00pm:

Bobby. wrote on Feb 12^th, 2013 at 4:03pm:

John Smith wrote on Feb 12^th, 2013 at 3:08pm:

Bobby. wrote on Feb 12^th, 2013 at 2:06pm:

John Smith,
Quote:

It is not up to landlords to subsidise for those that cannot afford ... that's govt.s job.

It's actually the landlords who have to increase rent to pay the tax on the income they get for rents.

The Federal Government's high taxes have caused rents to increase.

that must be it ..... not

most investment properties are negatively geared and you save more tax than what you pay ... good attempt though Bobby, keep trying.

I know many people who own investment flats who have had to
put up their rents because they were being chased for tax.

but was the tax owed because of the rent, or was the tax owed because of bad business practices and they were simply trying to use rent to cover the tax that they owed regardless of the investment property??

there are 850,000 people in mortgage and rental stress in australia. Contrary to your beliefs there are a lot of people who lose on property deals. If it was such a winner you wouldn't need to do anything else other than sell houses to each other at ever increasing prices and bank debt Wink

850 000 people with mortgages means there are 850 000 less people on the rental market . someone has to own the houses you rent. You cannot live in a house that belongs to no one. If your landlord hadn't bought the house you would have no where to live.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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John Smith

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Re: House Prices on the move... UP!
Reply #58 - Feb 12^th, 2013 at 9:06pm

Sir lastnail wrote on Feb 12^th, 2013 at 8:13pm:

Contrary to your beliefs there are a lot of people who lose on property deals

sure there are, there are no guarantees in life for anything apart from taxes and death. Not everyone is cut out to own a home. That does not mean that property is a bad investment just because some people are stupid ... those in trouble or suffering are those that overcommitted or overextended themselves ...

I have several loans, I also have contingency's in place to cover my mortage for at least 12 months if things turn bad or I break my neck and cannot work, and then I have insurance will cover me for a further 12 months if the first 12 months isn't enough. If 24 months isn't enough then I've probably got bigger things to worry about then money.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Sir Spot of Borg

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Re: House Prices on the move... UP!
Reply #59 - Feb 13^th, 2013 at 5:30am

Carl D wrote on Feb 12^th, 2013 at 5:37pm:

longweekend58 wrote on Feb 12^th, 2013 at 10:49am:

so why at 80 had she not already bought and paid for her own home? if u take the advice of the lieks of stupid-nail or pansi then you will rent all the time and end up like your aunt. If you take more traditional advice and buy a home when you are younger then when you are old you dont need to rent at all and you can even reverse mortgage or downsize and enjoy the cash.

Well, if you can provide us with a working time machine to take us back about 40 years I'm sure we'll be able to make good use of your advice.

But, back in the real world, we have to make the best of what we have. Paying $177 a week rent as we do now sure beats paying $450 a week (that's the average rent here in Perth at the moment, btw).

I worked out some time ago that I'm better off living in public housing paying a quarter of my income (which, in WA public housing at the moment is $430 a week before tax) than I would be working full time and paying private rent.

That means I work about 20 hours a week with lots of spare time to take care of my aunt and take her out, etc.

At least if anything happens to me, my elderly aunt will have an affordable place to live in. Her pension wouldn't even cover the cost of the cheapest private rental in Perth right now. And, we're not at the mercy of private landlords who might decide to kick you out because they want to sell the place, etc.

Its like that everywhere in australia now. . . . Sad

SOB

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I'm a
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