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  1. M

    Perth property listings - under 12,000.

    Well yes fair enough, and at present I wouldn't be going long on Australian property, but what do you think of the German example I linked. I think the market point is perhaps a matter of semantics, however, just because things make sense to others, it doesn't follow that is is correct...
  2. M

    Perth property listings - under 12,000.

    Not entirely sure what you mean here, the German economy has been pretty miraculous since the last war, I remember visiting in the 70's and being blown away, and it is still the economic powerhouse of Europe. Germanys history as a nation state is relatively brief, the Wiemar republic only...
  3. M

    Perth property listings - under 12,000.

    When I arrived in Australia, I didn't understand borrowing at 8% to buy a property and then rent it out for 3%, (which was the case with the property I was living in), until I began to learn about the tax loopholes and fiscal somersaults prevalent here that facilitated it. I'm still not...
  4. M

    Perth property listings - under 12,000.

    The German property investment market, unlike the UK, Aussie or many others is not predicated on the idea of unsustainable capital gains, policies are in place to avoid wanton short term speculation, in fact this is ingrained within the society, and is reflected within their whole industrial...
  5. M

    Perth property listings - under 12,000.

    Not all Germans rent, but most do, 70% or so. No stigma attached to renting, and it isn't a class thing, no "renter scum" attitudes, professionals, rich and poor. Long term rents, often ten plus years, at reasonable rates, the landlord, often a large company, makes a sensible return, no...
  6. M

    Perth property listings - under 12,000.

    Varies a lot, bottom end you can get a building plot for 20k euro, more realistically a mate sold a two bed unit central Berlin for 70k euro, and bought half an acre in a residential suburb a bit further out for about the same. When I put plots in Perth into realestate, stuff was coming up...
  7. M

    Perth property listings - under 12,000.

    Hello, I know nothing about the Perth market, but looking at land prices they do seem very high. Can anyone give me a quick rundown of why that should be?, When I compare them to European prices, such as France and Germany, they seem quite fantastic. Australia strikes me as a country...
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