So tell us about you... property ownership

Sounds like client profiling to me. 🙂

If you want to buy in England you’ll need to manage currency risk, or any gains you make could get lost in translation (or magnified, if you’re really, really lucky)

Poptop I’ll be back in Canberra within three weeks so I won’t be buying in London. Thumper you should try the home counties. You can buy a two up two down in some backwater up North for next to nothing but you wouldn’t want to.

One house, one investment (in Gungahlin). The investment will be up for sale in a month or two, so if you want to grab a bargain, now is the time to buy…

House prices are in freefall in the UK, farnarkler; buy one there in the next 6 months or so. Sadly this does not generally apply to London.

Buy a house not a flat {there is an oversupply of higher density stuff) and as always location, location, location.

farnarkler said :

Oh well I didn’t and you know what they say about spilt milk.

Don’t try to vacuum it up?

I should have begged, borrowed and stolen to get the deposit on a house before I left for the UK in 98. I would own a (1998 price) £120 house outright by now.

Oh well I didn’t and you know what they say about spilt milk.

Approximately 75% of private rental properties operate at a “loss” according to the tax office stats on negative gearing. Owners run it that way to reduce their tax liability and, up until recently, have regarded renting the property as a necessary but unfortunate adjunct to owning a property pending cleaning up on the capital gain.

Up until fairly recently, rental price increases were actually masking much of the impact of housing costs on inflation, as per the CPI. This is no longer the case, but there is still some catching up to do.

Be sarcastic as you like, just don’t expect the housing market to be logical under our current regulatory and taxation systems.

poptop – surely the maintenance costs on the place you’re renting that you think you’re saving are pretty much built into the rent you’re paying. well they are into the rent i charge on my investment place. so you’re still helping pay off someone else’s mortgage instead of your own? am i missing something – not being sarcastic – maybe i am?

All Classifieds are still sponsors.

If you don’t like the ads then feel free to drop us 100k for expenses and we’ll run without them.

Otherwise, well, we’ve all got to eat.

My point was that our general demographic gathering is unrelated to any particular advertiser.

And they are our most popular poll topics.