I have a name, but my worshipers must not utter it ([info]letsburn00) wrote,
@ 2009-07-06 23:11:00
Previous Entry  Add to memories!  Tell a Friend  Next Entry
Helping my brother and sister in law move into my brothers new place in the next week or two. He had it built. It kind of sucks that he bought his house right before prices collapse and trust me on this, they WILL drop at least 30% form their peaks, the bottom will not occur until at least 3-12 months after the first homebuyers grant ends.

My rules for buying a house?

-Don't buy until first homebuyers grant is over.
-Don't buy until interest rates are above 8%.

There ya go, just saved you $50,000. And just to freak you all out, have a look at this graph



(2 comments) - (Post a new comment)


[info]nicwhite86
2009-07-07 02:17 pm UTC (link)
You're always so pessimistic about the economy. Things are on their way back up.

(Reply to this) (Thread)


[info]letsburn00
2009-07-07 02:19 pm UTC (link)
Actually I'm relatively optimistic about the Australian economy. It's just the housing prices that are fucked.

(Reply to this) (Parent)


(2 comments) - (Post a new comment)

Create an Account
Forgot your login or password?
Login w/ OpenID
English • Español • Deutsch • Русский…