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I know of one case where a Singaporean went over, bought a apartment building there for 700K USD, created the jobs and collected rent. You can easily invest and safely collect a 15-30% return (depending on location, etc) on your money in the present economy there due to non-bank lending. I...

PPP is the norm - however remember the US Fed is on 0% Fed funds until 2013 and since 2008. This means the PPP is on a 5-6 year anomaly as the world's reserve currency has depreciated drastically skewing PPP on an exchange rate basis. We don't see the US$ being this low past 2013-2014 unless...

Stupid article. Come back and see the list in 5 years. According to the article "The Report defines wealth as the value of financial assets and non-financial assets (mainly real estate), minus household debt.- All current data relate to mid-2011 and are at then-current market exchange rates...

U know I'm reminded of American spending habits here. When I travel and see what they buy, they all earn big $$$, but in the end they spend everything. Four cars, motorcycles, movie theaters inside the house, outside kitchens, golf memberships, even an ultralight personal airplane. I have seen...

I would'nt move but then again I know my family. My house would become a freakin train station if it was 4 hours away. Already have 2 air mattresses and this is still here. Next time they come and check out your plants mention you planted a certain herb with a distinctive leaf, popularly rolled...

Or you could move. You are only 4 hour flight away from Singapore, some commute back and forth to Perth. When you get to the 8 hour away mark, for some reason they tend to show up a lot less often, or so I've been told.

Ah the good old capitalist boom bust cycle. Add to that the fiat currency argument. Add to that cheap credit/money. We see Europe, US in one camp. Too much debt. Looking at Government Debt AND the critical household debt, the US and Europe are tapped out. We are expecting slow growth there for...

Because migrants want a Western Lifestyle. Migrants still consider the West to provide the best education for our children and the highest quality of life going forward. Europe has a Sovereign debt crisis. They can never pay it back, too many people collecting pensions and costs are too high...

Funny how wherever you go in the West you hear Asians being reliable tenants, good workers, and their kids are usually tops at school. So how come the "Westerners are superior" mentality in Singapore? Strange

Well my personal view is this tax is high when you compare it to Singapore's income tax bracket or the USA's for example. In the 37-80,000 range it works out to be about 21-22% tax on what the majority of taxpayers pay. In America for example 47% pay no tax, and the avg tax bill is only 5%...

You need to ignore this poor Axe168 character. For years he has come onto this forum. First he complained he did not know what to do there - he stared at a ceiling fan for six months. Then about the cost of living in Australia. I remember on the old forum there was a post about how his dentist...

I dont know about local Perth laws, but in my market If they fail to pay on time there are recourses besides eviction. If they are late you can put that on their credit report, and it stays on there for 7 years. You are also entitled to back interests, late fees, damages, etc. Its all...

Well that's bad luck when a good tenant turns bad. Do you have a clause where you can give 30 days notice? If so the vacancy rate there is so tight a landlord is the one pulling the levers right now. And with today's yields, lowering might not be in your best interests with so many good tenants...

its a question of management. tenancy issues do happen and can be expected. budgeting for maintenance is a must, as roofing, plumbing, electrical, etc issues arise. pre purchase inspections should leave you wit a clear picture. purchased two properties overseas professionally managed out and get...

I would not feel too bad about the job situation. We have undergone an unprecedented worldwide structural change, so many in your position feel the same way. These are turbulent times, with fortunes being generated and lost on a daily basis, companies might be cash-rich but dont feel the...

most aussie property news comes from the construction industry, banks or other industry linked sources. looking at the data month over month and year over year you can see the market for what it is. Look at the number of listings, avg amount of time property is on the market, and the interest...

looks like a short cover rally today. some very funny articles coming out of europe. i dont know if its comedy or tragedy

We might be at the cusp. Spent the whole day at the office looking at capital outflows from China. The smart money is fleeing the PRC and we are officially very concerned where this could go. No doubt there will be more stimulus, easing soon in China - but what about inflation? China is at...

<<<<< http://www.heraldsun.com.au/news/bre...-1226134184169 Tsunami to hit Australian real estate AUSTRALIA'S love affair with property is about to turn sour as an "economic tsunami'' looks set to hit world markets, American economic forecaster Harry Dent says. "Outside Hong Kong...