Nationwide +1.3 (-6.2 YoY)

ad9898_3

StevieJ wrote: »

Why, didn't house prices go up in OZ?

I'm surprised Steve that you don't get it, house prices in Oz are relatively cheap compared to here. For instance in the area I'm looking at I can have a 3-4 bed detached bungalow on an acre for $300k. Australia just doesn't mean Sydney with their London-esque prices and HPI, those type of areas hold no interest for me whatsoever.

HAMISH_MCTAVISH wrote: »

:rotfl:

Indeed.

His solution to living in a country with high prices, is apparently to move to a country with even higher prices..... Odd.

:eek:

You are a knob Hamish aren't you, and obviously have the same knowledge about Australia as you do about buying houses, which is nothing, Mr 'I bought in 2007' :rotfl:. As I have said to Steve, houses are vastly better value in Oz, and I'm talking as a person who has been several times, not someone who looks at the world from the pages of the 'Aberdeen Gazette', and probably gets a nose bleed if they travel further than Glasgow.:D

StevieJ

ad9898 wrote: »

I'm surprised Steve that you don't get it, house prices in Oz are relatively cheap compared to here. For instance in the area I'm looking at I can have a 3-4 bed detached bungalow on an acre for $300k. Australia just doesn't mean Sydney with their London-esque prices and HPI, those type of areas hold no interest for me whatsoever.



.:D

What is Alice Springs like these days

Thrugelmir

the_ash_and_the_oak wrote: »

there are so many boats leaving the whole time it is difficult to know which one to get

Don't forget Dunkirk.........

One in eight on the beaches was left behind. As they couldn't be evacuated in time.

StevieJ

Thrugelmir wrote: »

Don't forget Dunkirk.........

One in eight on the beaches was left behind. As they couldn't be evacuated in time.

Oh no don't destroy all my media created beliefs :eek:

nearlynew

StevieJ wrote: »

Oh no don't destroy all my media created beliefs :eek:

What?

Like "house prices only go up", or "now is a great time to buy"

for example.

bluey890

nearlynew wrote: »

What?

Like "house prices only go up", or "now is a great time to buy"

for example.

In the long run they do go up. If you are not buying a house for the long run, you are better of renting.

andykn

shakerbaby wrote: »

Care to comment on it then or just stick your head in the sand? :rotfl:

It didn't happen last time (89-95) so wasn't a good indicator of UK house price trends then. We could have just exited the "bear trap" phase much earlier with more colossal rises to follow.

andykn

Graham_Devon wrote: »

Some stuff about this here:

http://www.thisismoney.co.uk/mortgages-and-homes/article.html?in_article_id=482092&in_page_id=8

Rmember reading it ages ago!

Gosh! 20% in 5 years! That's about 0.2% above inflation per year. Wow!

HAMISH_MCTAVISH

ad9898 wrote: »

I'm surprised Steve that you don't get it, house prices in Oz are relatively cheap compared to here. For instance in the area I'm looking at I can have a 3-4 bed detached bungalow on an acre for $300k. Australia just doesn't mean Sydney with their London-esque prices and HPI, those type of areas hold no interest for me whatsoever.

So what you're trying to say here is that houses outside of major cities are cheap.

Genius.:money:

And amazingly, the same thing applies here too.;)

You are a knob Hamish aren't you, and obviously have the same knowledge about Australia as you do about buying houses, which is nothing, Mr 'I bought in 2007' :rotfl:. As I have said to Steve, houses are vastly better value in Oz, and I'm talking as a person who has been several times, not someone who looks at the world from the pages of the 'Aberdeen Gazette', and probably gets a nose bleed if they travel further than Glasgow.:D

Ahhhh, my little adhd chumpmuffin, you never fail to impress with your staggering levels of ignorance.

Australia has just about the most expensive housing in the world at the moment, with a national average price hovering around 5.5 times salary. And prices in the more popular areas, where most people want to live, is vastly higher again. Try 6 times income in the most run down outer suburbs of major cities, and closer to 10-12 times income in the inner suburbs of Sydney or Melbourne.

As someone that has lived in Australia for a couple of years, that has family there, and that intends to retire there, I can assure you Australia has many good points, but cheap property aint one of them.;)

nearlynew

HAMISH_MCTAVISH wrote: »

.......................... As someone that has lived in Australia for a couple of years, that has family there, and that intends to retire there, I can assure you Australia has many good points, but cheap property aint one of them.;)

Unlike rural Aberdeenshire then?

You should count yourself lucky to be living in an area of falling house prices.