Davyd ([info]davyd) wrote,
@ 2008-04-28 22:12:00
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back on the market
We received a letter today informing us that the lease for our flat will be terminated in 60 days. While I can appreciate that the university wants to replace people with jobs for poor students and underpaid academics in its housing; I hope that the same thing hasn't affected any recent graduates who don't yet have a real job.

Regardless of this, we now get to surf the real estate market for the first time in ages. This was probably going to happen soon enough any way, I just wish it was on our terms rather than someone else's. We're not particularly attached to living in the western suburbs triangle. We're currently thinking of trying the pink triangle instead.

The idea of buying instead of renting has appeal. It'll all depend on several factors: like what direction we're thinking of taking in the next couple of years. On the other hand, if you have property close to the Perth CBD that you're trying to sell/rent, let us know!


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[info]nicholii
2008-04-28 02:25 pm UTC (link)
Pink triangle?

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[info]davyd
2008-04-28 02:29 pm UTC (link)
The area vaguely bounded by Vincent, Highgate and Mt Lawley.

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[info]mpfl
2008-04-28 03:39 pm UTC (link)
I believe former abode of two of our friends is up for lease.

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[info]davyd
2008-04-28 11:46 pm UTC (link)
AHAHAHAHA

How much were they paying in rent?

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[info]mpfl
2008-04-29 12:46 am UTC (link)
Not a clue. A fair price for the area, I believe.

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[info]hub_
2008-04-28 04:47 pm UTC (link)
the big advantage of buying is that you don't get lease termination anymore... nor sleezelord issues...

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[info]davyd
2008-04-28 11:45 pm UTC (link)
The problems with buying are that interest rates are currently skyrocketing, because all the miners have too much money, and thus resultingly the market values of properties are falling as people can't afford them any more, but we're not yet at the bottom of the curve.

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[info]the_babybird
2008-04-30 01:47 am UTC (link)
I have friends with a two bedroom flat in Kensington. They are currently looking for tennants. Would you like me to put you and Steffi in contact with them? Please let me know ASAP because I know they are shopping around at the moment for real estate agents.

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