Where else but in Queensland... we are just presented with the perfect "Recession Buster"
As promoted in the "Weekend Australian":- Buy a waterfront homesite, we'll give you a new BMW.
Not any old BMW, but a 5 Series!!
All what is required, buy a waterfront homesite at Sanctuary Cove from $990,000 and the car is included.
This promotion has the following Recession Buster benefits :-
Help the developer to move the property.
Help the building Industry.
Help the car Industry.
Help the legal profession.
Secure employment.
Help the government with additional taxes, not only stamp duty but luxury car tax etc.
Obama take notice, we just found the perfect solution for all your problems!!!!
No second guess at 6pm what car your neighbor will drive back home.
Cheers
JP
Recession Buster
2 posts
• Page 1 of 1
Recession Buster
by J. Pathe » Sun Aug 30, 2009 11:42 am
- J. Pathe
- Posts: 574
- Joined: Wed Dec 22, 2004 7:56 am
Re: Recession Buster
by benthonic » Sun Aug 30, 2009 5:44 pm
Love it JP
!!
the rhetorical question : Why not just pay less (or true supply and demand value)?
Couldn't do that
- neighbours will think they overpaid.
- we might have to admit there is an oversupply (or willing sellers not quite adjusting to the reality that cautious, hesitant, unwilling buyers need a bit of coersion)
- this goes against the whole spruiking/ 3 pea trick
Just ask anyone who looks into an "8% guaranteed rental / return for a year" offer will find the 'benefit' is just loaded into the sale price, so will the sods in QLD find it to be the case on this particular 'teaser'. Buy the dream by all means; just keep your eyes open to the reality.
-------------------------
I am glad this is in "Economy' section. This is the new reality. Welcome>
"....In the real world, we are watching unemployment rise, and it is likely to do so through the middle of next year. Deflation is in the air. Capacity utilization is near all-time lows. Housing numbers are only bouncing because of the government program of large tax credits for first-time home buyers and lower home prices. It will be years before construction is significant....." John Mauldin
Why not just let the overgeared squirm for a while; trying to help them will only transfer the squirming to others (who may be less resilient)?
B.
!!
the rhetorical question : Why not just pay less (or true supply and demand value)?
Couldn't do that
- neighbours will think they overpaid.
- we might have to admit there is an oversupply (or willing sellers not quite adjusting to the reality that cautious, hesitant, unwilling buyers need a bit of coersion)
- this goes against the whole spruiking/ 3 pea trick
Just ask anyone who looks into an "8% guaranteed rental / return for a year" offer will find the 'benefit' is just loaded into the sale price, so will the sods in QLD find it to be the case on this particular 'teaser'. Buy the dream by all means; just keep your eyes open to the reality.
-------------------------
I am glad this is in "Economy' section. This is the new reality. Welcome>
"....In the real world, we are watching unemployment rise, and it is likely to do so through the middle of next year. Deflation is in the air. Capacity utilization is near all-time lows. Housing numbers are only bouncing because of the government program of large tax credits for first-time home buyers and lower home prices. It will be years before construction is significant....." John Mauldin
Why not just let the overgeared squirm for a while; trying to help them will only transfer the squirming to others (who may be less resilient)?
B.
- benthonic
- Posts: 3868
- Joined: Fri Jun 06, 2003 3:42 pm
- Location: Canberra
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