Graemsay Posted November 11, 2011 Share Posted November 11, 2011 If Oz goes into recession on the back of a hard landing in China, or a second round of the Global Financial Crisis, then prices could well be in freefall in 2014. :shocked: Link to comment Share on other sites More sharing options...
thewebweazel Posted November 11, 2011 Share Posted November 11, 2011 Wondering if to start a post on oz houses to free fall 2014 Lets not talk about House prices and selling, it is so depressing I feel like slitting your wrists!:cry::cry::cry: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 Lets not talk about House prices and selling, it is so depressing I feel like slitting your wrists!:cry::cry::cry: try not even owning a house, thats even more depressing :sad: Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 try not even owning a house, thats even more depressing :sad: Nicely put Stacey, it's all OK for these wanna be big time property investors !:laugh: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 Nicely put Stacey, it's all OK for these wanna be big time property investors !:laugh: Nothing more depressing than knowing how much money your wasting by private renting! thats why we moved back in with parents to save money for australia but if things dont work out with that then we'll use it for a deposit to buy a house. I really dont want to stay here though, such a horrible feeling! Link to comment Share on other sites More sharing options...
Graemsay Posted November 11, 2011 Share Posted November 11, 2011 Agreed. The trouble is that there are two ways the housing market could go, and someone is going to get hurt in either case. If prices remain high, or continue to rise, then current home owners benefit, but the younger generation (say under 35 to 40) will suffer financial hardship in buying somewhere. If prices fall then current home owners will suffer, but the younger generation will benefit from affordable houses. Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 When (and I have to say when as ever hopeful !) we sell our house it's going to cost us loads more to rent somewhere until we go..... ....eating into our settlement fund, not good :mad::rolleyes: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 I sometimes wish I was lucky enough to be able to sell a house before we go but it must be really stressful! Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 I sometimes wish I was lucky enough to be able to sell a house before we go but it must be really stressful! Wish I was in your situation right now,(apart from the trying to find a sponsor bit !), really don't need the stress of getting the house up together then trying to sell it, then renting. None of my family have room for 5 of us !:arghh: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 Wish I was in your situation right now,(apart from the trying to find a sponsor bit !), really don't need the stress of getting the house up together then trying to sell it, then renting. None of my family have room for 5 of us !:arghh: sounds stressful! maybe im not so jealous anymore lol :laugh: I know we're quite lucky to have no ties and no kids but sometimes wish we had a bit more money for moving, I told mum the company wants people to move over by april and she thinks we're complete nuts! :goofy: Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 What's nuts about that ???? It's great to have that flexibility........good on yer ! Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 She seems to think that you need at the very least 10grand to move, Just have to take a chance! or we might even end up sitting waiting for another year before we find a sponsor so could have more money. I'll leave it to fate lol Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 She seems to think that you need at the very least 10grand to move, Just have to take a chance! or we might even end up sitting waiting for another year before we find a sponsor so could have more money. I'll leave it to fate lol You could do it with less if you're happy to live almost anywhere and scrimp and save once there - not something you could do easily with kids ! Fate will decide..................whoever he/she is ! :biglaugh: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 You could do it with less if you're happy to live almost anywhere and scrimp and save once there - not something you could do easily with kids !Fate will decide..................whoever he/she is ! :biglaugh: Yeah you def cant do it with kids so i guess i should think myself lucky. I'll only think about having them once im settled with a house and some money! We've even looked at house shares over there to save money for a while Link to comment Share on other sites More sharing options...
Guest Helchops Posted November 11, 2011 Share Posted November 11, 2011 We're doing it with our daughter....$15k only... Link to comment Share on other sites More sharing options...
Guest Helchops Posted November 11, 2011 Share Posted November 11, 2011 We own in UK...I think it's overrated personally. The freedom to go anywhere without ties really appeals at the moment. That said we will buy in three years in oz (that's the plan) but for now, happy with the flexibility. There was a study done recently that discussed if you're a private owner and not using your house for investment, the cost between renting and borrowing (and investing the difference as renting is cheaper on average) the two average themselves out... Link to comment Share on other sites More sharing options...
KIRK AND CO Posted November 11, 2011 Author Share Posted November 11, 2011 Funny for a thread which is not relevent for 3 years its had a lot of replys. Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 thats cos i was rambling on about not owning a house Link to comment Share on other sites More sharing options...
KIRK AND CO Posted November 11, 2011 Author Share Posted November 11, 2011 thats cos i was rambling on about not owning a house need any advice Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 need any advice Thanks but no thanks, really dont want to stay here if i dont have to and we wont be buying a house in oz for a while Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 need any advice .......or any more psychic predictions !:biglaugh: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 We'll probably only be able to afford a shed in oz lol Link to comment Share on other sites More sharing options...
Chardy Posted November 11, 2011 Share Posted November 11, 2011 We'll probably only be able to afford a shed in oz lol Yeah but Oz sheds are HUGE ! :laugh: Link to comment Share on other sites More sharing options...
Guest51810 Posted November 11, 2011 Share Posted November 11, 2011 Yeah but Oz sheds are HUGE ! :laugh: That'll do us lol or a wendy house! Link to comment Share on other sites More sharing options...
KIRK AND CO Posted November 11, 2011 Author Share Posted November 11, 2011 That'll do us lol or a wendy house! is wendy a squatter Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.