nyonyamansor09

This weekend had been about rebranding this almost derelict blog. It was to rebirth as one of those delightful cheapskate efforts. You know the ones - where I'd offer handy hints, like dropping a brick in your crapper to save money on every flush. The real estate element wasn't being abandoned, just complemented, with neat ideas like how to get the most out of your underwear elastic. It won't be this weekend. The unsettled masses and Google detectives have seen to that. Our story begins as most of these narratives do, talent was needed to fill one of those tired and lazy morning after stories - home owner welcomes interest rate cut. Insipid space filler, but much loved by the real estate cabal. What better marketing tool than an earnest home owner letting slip how hefty their mortgage is and how they're better to be contributing to it, than renting or actually putting the numbers into a Casio. Normalise the behaviour and you'll get people thinking, "well if tha...

Just when you think it can't get any worse... If you're one of the illustrious eight people who read this blog, yes I'm actually growing at the rate of 4 people a month, you may remember this house in Launceston I've previously mentioned: Last sold for $335,000 in mid 2009. The going price in my post was $325,000, that was after the first discount. It's yours now for $315,000. With $20,000 already flushed and another $11,000 torched in stamp duty, it's worthwhile asking how far ahead would the renter be in this situation? Price to rent a similar house, in the same suburb for 14 months? Around $17,000. Of course I'm presupposing the occupants are still in this house, which they aren't. They're long gone along with a good chunk of any equity they might have had. Be it they had to move on, or were forced to, they left with less than they came with. We're on the eve of an RBA interest rate decision and thousands now have a nervous night ahead - they...