Vic Wasteland Thread - 15.0

[alr33x]

On 2/26/2017 at 11:41 AM, joeyjoejoejuniorshabadoo said:

 

I don't know what's weirder, the fact some guy with 0 posts read 99 pages of esoteric conversation, or the fact we were actually talking about cars

 

its a close call but im gonna go with the 99 pages of reading bs. 

[alr33x]

16 hours ago, Birds said:

Have been exploring for a couple of years but looking seriously now

Have moved from buying dream house to looking at rural land, but now looking at cheap (420k max) mid-sized land / old house or new small townhouse in deep south east, and smash the mortgage on two incomes building equity.

goood luck man its a shit time to buy.

[Birds]

42 minutes ago, alr33x said:

goood luck man its a shit time to buy.

Sincerely or is this pointed at the bubble sayers?

[joeyjoejoejuniorshabadoo]

The best time to buy is always 10 years ago

[Leroy Peterson]

Could have bought decent property for $1250.

















Back in 1928. But thats a long time to wait, i need profit naow

[emts]

then buy some apartments off the plan to be finished in 4 years time...

 

yeah ok

[alr33x]

2 hours ago, Birds said:

Sincerely or is this pointed at the bubble sayers?

nah mate that bubble argument is long settled if you ask me.

genuinely a crap time i see whats going on here and its ridiculous i can only imagine the eastern side.

[Birds]

13 minutes ago, alr33x said:

nah mate that bubble argument is long settled if you ask me.

genuinely a crap time i see whats going on here and its ridiculous i can only imagine the eastern side.

Based on what? Inflated property prices? Lots of competition in the market?

[dezz]

Tv2 up 83% for the day... Only 70% loss to recover..

 

 

[alr33x]

24 minutes ago, Birds said:

Based on what? Inflated property prices? Lots of competition in the market?

 

lack of supply and high demand is what is fueling it for us, also major growth corridor and relatively affordable compared to rest of Melbourne. Cranbourne is 40kms from cbd and similar price / demograph to where i am which is only 22kms from cbd..  The whol East / West thing is lost on most people these days its an old fashioned way of thinking most people look for value.

[emts]

how can there be such a lack of supply when there are just so many new houses going up.

every house sold here has been knocked down to turn into 2-3-4 town houses 

I didn't think our population increasing just that fast? 

[Daz]

56 minutes ago, emts said:

how can there be such a lack of supply when there are just so many new houses going up.

every house sold here has been knocked down to turn into 2-3-4 town houses 

I didn't think our population increasing just that fast? 

Lack of supply because greed...

[UNR33L]

2 hours ago, dezz said:

Tv2 up 83% for the day... Only 70% loss to recover..

 

 

not sure whats been worst tv2 or 88e

[UNR33L]

1 hour ago, emts said:

how can there be such a lack of supply when there are just so many new houses going up.

every house sold here has been knocked down to turn into 2-3-4 town houses 

I didn't think our population increasing just that fast? 

agreed, in my street alone which only goes upto like number 74 theres like 20+ townhouses getting built

I guess when they go for 700k a pop its worth knocking down their old gold mines

Edited February 28, 2017 by UNR33L

[dezz]

88e lost more $ but less %
Tv2 lost less $ but much more %

[emts]

6 minutes ago, UNR33L said:

agreed, in my street alone which only goes upto like number 74 theres like 20+ townhouses getting built

I guess when they go for 700k a pop its worth knocking down their old gold mines

I agree if they keep selling makes sense to build, but with the amount of new housing cannot work out where the lack of supply is.

[admS15]

I agree if they keep selling makes sense to build, but with the amount of new housing cannot work out where the lack of supply is.

Cashed up investors buying everything up before the poor fhb can get a foot in. Not to mention foreign buyers...

[Rekin]

In Brunswick / Coburg all the old wog shops are being demolished with massive apartment blocks being put up.

The 100yr old pub at the end of the street getting bulldozed and replaced with apartments.

If you demolish all the shops & pubs - then what's the point of living there lol

[Birds]

This would be good for gaming

https://m.realestate.com.au/property-residential land-vic-hampton+park-201724942

[emts]

3 minutes ago, Birds said:

This would be good for gaming

https://m.realestate.com.au/property-residential land-vic-hampton+park-201724942

I was WTF till realized it was behind exchange.

nice