The Labor government's proposed tax changes have thrown the housing market into a state of limbo and there have been even fewer inquiries to my FOR SALE advertisement than before.
Those who do respond mustn't have read much beyond the "MAKE AN OFFER!" headline because as soon as I refer them to the postscript paragraph "When we wrote, 'MAKE AN OFFER!', we meant a reasonable offer, always bearing in mind that the property's land value alone is already close to three million dollars", I hear no more from them.
Owners who are desperate to sell still find a buyer, but they are being picked off by bargain hunters who pay well below the asking price. A friend's lifetime work - click here - recently sold for $2,625,000, well below its initial selling price of $3,500,000, and a far-away neighbour was able to downsize from his waterfront house - click here - but only after having reduced his price from its original $1,300,000 to $880,000.
Having borrowed the land value comparison from me didn't help much either, but the rest of the prose is enticing enough to make me want to borrow some of it for my advertisement, but only after I have dealt with the people who just anchored their hired houseboat off "Riverbend".
They keep looking and shouting and waving at "Riverbend". Do they want to book a property inspection? Should I put out the WELCOME mat?
I've just checked the Clyde River Houseboats' website and see that their off-season 3-day houseboat hire costs them $3,190. Not quite enough for a deposit on "Riverbend" but it means they have a bit of spare cash. Do they have enough to add three noughts to make it $3,190,000 ?
