Vic Wasteland Thread - 15.0

[Birds]

All I know is I've sold 112 in the last twelve months .. Zero fks given if ya'll poor folk can't afford em. Cos plenty people can and they ain't foreigners

What is happening in the west, or your locale, is a different situation to the east. Once the most expensive properties are bought up where do you think they will turn to for suburban living? It's a matter of time.

[Birds]

Yeah but how can you use a sample size from one suburb/west 'burbs to represent the buying population of Australia?

That doesn't fly with statistics yo'

Where my statistical brothers at?

Right here, let me crack open SPSS student edition (Alex kryptonite) and get a T value on his ass

[joeyjoejoejuniorshabadoo]

Nah man no need I get paid a truck load for doin it, a medal seems a bit over the top

& birds I talking about factors around buying not just the income to purchase price

Oh so you would like to add the increased cost of living in there to further assist birds' point?

[Birds]

Nah man no need I get paid a truck load for doin it, a medal seems a bit over the top

& birds I talking about factors around buying not just the income to purchase price

There are no factors that can directly and heavily influence more than a Chinese buyer swooping in 70k above at auction. No population demographic shift dual income interest rate super owners grant will change that. There are REAs in areas who won't even answer customer emails if they don't have a Chinese sounding last name.

[emts]

real question for Alex.

how long should I wait on a block that has been on the market b4 I low ball them?

think found the right 1 just think it priced a little high..

been sitting there for 3 months so far.

[Rekin]

There are no factors that can directly and heavily influence more than a Chinese buyer swooping in 70k above at auction. No population demographic shift dual income interest rate super owners grant will change that. There are REAs in areas who won't even answer customer emails if they don't have a Chinese sounding last name.

know dem feels

[joeyjoejoejuniorshabadoo]

In any case no one in here is stating housing has at this point become unaffordable, simply that it is becoming less affordable as time goes on and will eventually become unaffordable to many. Just because this hasn't happened yet doesn't mean it never will, at the current rate it's inevitable unless things are changed.

[alr33x]

real question for Alex.

how long should I wait on a block that has been on the market b4 I low ball them?

think found the right 1 just think it priced a little high..

been sitting there for 3 months so far.

Timing isn't overly relevant to the transaction depends if vendor is motivated or not to meet the market.

Birds / ham - good luck is all I'll say for further reference review the bubble thread for reasons why your wrong

[joeyjoejoejuniorshabadoo]

Timing isn't overly relevant to the transaction depends if vendor is motivated or not to meet the market.

Birds / ham - good luck is all I'll say for further reference review the bubble thread for reasons why your wrong

Huh?

[Rekin]

Timing isn't overly relevant to the transaction depends if vendor is motivated or not to meet the market.

Birds / ham - good luck is all I'll say for further reference review the bubble thread for reasons why your wrong

Block of unused land has no benefit for the vendor. He/She cannot live on it or rent it out to pay the mortgage.

Any capital gain over the past 3-4 months would be hardly anything.

I reckon timing would play big for an unused lot, as long as it has some form of mortgage the vendor wants to flip.

my 2cents

[alr33x]

He is looking at rural land though probably has no mortgage on it anyway

[emts]

exactly right.

a farmer is sub diving a Padock into 6 lots

5 - 6 acres each.

but that said he needs to run power/water to each (that part of the advertisement) plus fencing and such.

it's interesting there 6 blocks 5 currently at 350K 1 at 280

so they obviously trying to work out what price they should be at, from other blocks seen for sale I think 5 are 220ish and the one I want 250-260K

[Birds]

I've decided housing affordability = directly proportional to Alex's financial position

[joeyjoejoejuniorshabadoo]

Lol

[Leroy Peterson]

lol.

I'm happy renting for the time being. People getting bigger loans to pay for more expensive houses. I prefer money in my pocket even though it doesn't do any favours. Only benefit is I've got something to live off if work/pay slows down (which it has)

[dezz]

I understand pretty much none of what is being spoken about currently, I do however have a house which I can afford on a single income, because no women want me to be their life partner.

[dezz]

It's taking a holiday together for the last time before your life changes for ever. Not to mention the fact that you won't be able to have one for a long time afterwards

Not a difficult concept really

lol yeah, not a big fan of all the buzzwords and hashtag names for everything these days, but I don't see why you're getting so upset that a couple wants to go on a holiday together before they have a baby that can't travel for a while, not to mention less disposable income and complete lack of free time, what with having to feed/clothe/raise a child,

[joeyjoejoejuniorshabadoo]

lol yeah, not a big fan of all the buzzwords and hashtag names for everything these days, but I don't see why you're getting so upset that a couple wants to go on a holiday together before they have a baby that can't travel for a while, not to mention less disposable income and complete lack of free time, what with having to feed/clothe/raise a child,

Nailed it

[joeyjoejoejuniorshabadoo]

I understand pretty much none of what is being spoken about currently, I do however have a house which I can afford on a single income, because no women want me to be their life partner.

Lol you also don't earn average wage

[dezz]

I'm skilled above average, so that makes sense.