What makes you think its going to hit any harder than it alread has? There was a few pages here in the local paper the other day saying its ALL over here in the Isa and the local busniess are picking back up.
well that depends if your in a Caravan or Motor Home. if youre in a Motor Home, your screwed, its a home and a vehicle all in one, double the hurt.
I'm with you - once all the school stuff is done builders have SFA on their forward books; plus banks are still lending 115% to first home owners - our 'sub prime' is still to come.
115%,i've been in the game for 20 years,never come acoss a 115% lend. Our sub prime yea its about 5% of the market.
I would,the secret to property is long term holding it. oh and location. Image Unavailable, Please Login
**** you, id rather have the house! Id kill for a waterfront home on the Gold Coast. Actally, I should probably look into it.
Move in next week, then off to Europe for a holiday, and then the tools will come out and the work begin. i think ive got a good 12 months of work ahead of me. (and that will just be the inside) probably another 6 months to do the exterior also.
