As to the Crumblers, how low can they go? The trend would suggest subterranean is not out of their reach. Which revives the faintest of hopes that they may do something so exceedingly silly that our favourite Mosman residing Governor has no alternative but to follow the state and federal precedent and dismiss the elected government. Oh that we should be so lucky! At that point, Billy Hayden’s drover’s dog would be looking good, which would suggest Fatty O’Barrell, even on his most invisible day, should be a shoo-in. Might have to ask Santa for some help on this one.

Have a safe and happy season. Looking forward to 2010 being a lot less painful than a truly bizarre 2009.

Well done in 2009, excellent reading each week.

Have a great New Year!!

Thanks read, for all your insights in 2009, enjoyed every one of them.

Have a great holiday, Mr Mayor

Not sure whether to laugh or cry, but Forts Fumble and Crumbled will still still be carrying on as usual next year, and lucky us will probably get at least one more puppet Premier in that time. At least the real estate market looks as though it could be interesting!

You successfuly tamed some ridiculous bloggings through the year…my favourite was a false claim by someone that half the homes in Clifton Gardens were on the market! You were spot-on with most of your predictions about the local property market.

As for Fort Crumble, Kristina Keneally is our version of Sarah Palin. March 2011 seems very far away.

Merry Christmas and best wishes for the New Year!

I also thought your readers might be interested to know that Fort Crumble are at it again.

There are some important changes taking place within the NSW Residential Tenancy Act & there are some grave concerns that some of these changes will have a similar effect to property investment in NSW that the ridiculous ‘Bob Carr’s Vendor Tax’ had back in April 2004. The same Vendor Tax that Premier Morris Iemma had to step in and immediately abolish back in August 2005.

I think all Australian property investor’s will recall how stupid the NSW Government’s Vendor Tax decision was & how it drove investment into other states of Australia (even into New Zealand).

It appears that the Draft Residential Tenancies Bill 2009 by Fair Trading will mostly impact the landlords & provide more power to the tenant which could scare off real estate investment again in NSW.

After speaking with Sam Kremer, Legal Counsel with REINSW yesterday morning, Sam has pointed out that some of the major issues relating to this draft proposal have been featured within this document on the REINSW site.

http://www.reinsw.com.au/default.aspx?ArticleID=5970

Sam said that so far they’ve had over 100 submissions from Agents & Landlords. They’ll need a whole lot more submissions to have the required impact for the NSW Government to get their head out of the sand and sit up & take notice.

He has asked if agents could help by putting forward their thoughts on this issue via their survey or directly to the Fair Trading site & ask that their existing landlords have their say too.

Typically, the NSW Govt have only provided 1 months notice for submissions & unfortunately end of month communications went out last week which would’ve provided the perfect opportunity for Property Managers to alert their landlords en masse.

Please Note: If your readers would like to have their say, or your landlords would like to pose their concerns, submissions close on the 18th Dec 2009.

PS: All the best for Christmas Robert & thank you for all your informative insights throughout the year.