Australian Politics Forum - House Prices Crash

longweekend58

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Re: House Prices Crash
Reply #165 - Mar 16^th, 2012 at 2:46pm

Sir lastnail wrote on Mar 16^th, 2012 at 2:38pm:

longweekend58 wrote on Mar 16^th, 2012 at 2:34pm:

It_is_the_Darkness wrote on Mar 16^th, 2012 at 1:20pm:

Actually Andrei.
I pay RENT and I save more towards a house
than I would if I was making Home Loan Repayments.

...and I still have more than just $3 dollars to spend at the end of the week.

So - I rent for 10 years and then buy a house and own it in a year.

As my grand-pappy used to say: If you ain't got the money for it - don't buy it.
Thats where all the Economic trouble started - too much money 'borrowed' - and look at what it has cost Huh

You miss the point. your rent might be less than mortage repayments but at the end of your ten years of rent you ahve nothing beyond next weeks rent to pay while the mortgagee now owns half his house and his equity has risen from $50,000 to $300,000. and you dont think that the later is a better outcome?

So what happens if you lose your job in that 10 years ? When they kick you out you are lucky to get back any of what you have paid and the you are out on your arse Sad

There is no such thing as long term job security anymore.

Why not just wait till it crashes and buy in at the right price rather than follow all of the lemmings which is what you advocate Sad

are you stupid naturally or do you train for it? on what basis do you think a person cant sell their house and get paid for it? you are stupider than booby - and thats a challenge.

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Ex Dame Pansi

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Re: House Prices Crash
Reply #166 - Mar 16^th, 2012 at 2:46pm

<<What will they do in South Australia now that the property bubble has burst Cheesy LOL

Water training Cheesy LOL>>

.................................................................

He's got the market lastnail, there's only one water training company in the entire country. Look it up and check it out, that's if you want some water training. That's the worst pie chart that I've ever seen Shocked

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Sir lastnail

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Re: House Prices Crash
Reply #167 - Mar 16^th, 2012 at 3:11pm

longweekend58 wrote on Mar 16^th, 2012 at 2:46pm:

are you stupid naturally or do you train for it? on what basis do you think a person cant sell their house and get paid for it? you are stupider than booby - and thats a challenge.

who do you think holds the title when you are paying it off you nitwit ??

It's in the bank vault and they make the rules. Once they foreclose on you, you have to take it up the arse and are guaranteed to get back less than what you have put into it after the flog it off at auction on the cheap !!

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Sir lastnail

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Re: House Prices Crash
Reply #168 - Mar 16^th, 2012 at 3:12pm

Ex Dame Pansi wrote on Mar 16^th, 2012 at 2:46pm:

<<What will they do in South Australia now that the property bubble has burst Cheesy LOL

Water training Cheesy LOL>>

.................................................................

He's got the market lastnail, there's only one water training company in the entire country. Look it up and check it out, that's if you want some water training. That's the worst pie chart that I've ever seen Shocked

I'm still trying to work out what it is that a water trainer does !! Any ideas ?? Cheesy

LOL

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muso

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Re: House Prices Crash
Reply #169 - Mar 16^th, 2012 at 3:20pm

Sir lastnail wrote on Mar 16^th, 2012 at 3:12pm:

Ex Dame Pansi wrote on Mar 16^th, 2012 at 2:46pm:

<<What will they do in South Australia now that the property bubble has burst Cheesy LOL

Water training Cheesy LOL>>

.................................................................

He's got the market lastnail, there's only one water training company in the entire country. Look it up and check it out, that's if you want some water training. That's the worst pie chart that I've ever seen Shocked

I'm still trying to work out what it is that a water trainer does !! Any ideas ?? Cheesy

LOL

I think it's Environmentally related. I wonder if it involves these?

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It_is_the_Darkness

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Re: House Prices Crash
Reply #170 - Mar 16^th, 2012 at 3:26pm

I see your point LW and it would seem the more orthodox approach in most of the world - But Australian Housing is like USA Economics - defunct!

Job security around the country is in crises. I got screwed out of my job after I was used as an excuse to get rid of Contractors. Once they were gone - I was replaced by Koreans who use Backpacker visas to drive flashy cars and not stay in Backpacker Hostels.

Most people are not making a profit on their houses. All around the South Coast of NSW hardly any of those houses are being sold at a profit - more loss and many are not sold at all. Suddenly that house and extra houses have become an 'anchor' that is stuck at the bottom in a rough 6 metre swell.
I'm in a [For Sale] house and like 5 other houses in this Rural town street - none are being sold.

Everyone knows the Real Estate agents aren't making a boom rip-off surge like around the year 2000AD so they just potter along now on Agent fees for 'trying' to sell.

When the USA Economy crashes (because Obama's finger in the dyke won't work this time) - Australian Housing will crash. Housing in the USA is relatively cheap. The house I'm in via a similar town in the USA I could buy for 75% less.

3 doors down there is a similar 3 bedroom house selling for just $100,000, unlike the one I'm in for $180,000.
I bet you when everything does 'Crash' - the 1970's will be back !!! Wink

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Frances Gold Member Offline Australian Politics Posts: 3577 In a Castle in the Hills Gender:	Re: House Prices Crash Reply #171 - Mar 16^th, 2012 at 3:29pm Sir lastnail wrote on Mar 16^th, 2012 at 3:12pm: I'm still trying to work out what it is that a water trainer does !! Any ideas ?? Something to do with toilet training perhaps?
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Bobby.

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Re: House Prices Crash
Reply #172 - Mar 16^th, 2012 at 3:30pm

longweekend58 wrote on Mar 16^th, 2012 at 11:09am:

Bobby. wrote on Mar 16^th, 2012 at 10:35am:

LW,
Quote:

and there is a LOT of inspiration here. pansi, lastnail, booby and now political puppet has turned the Three Stooges into a quartet of morons.

And Longweekend believes that there is an invisible man
who answers his prayers.
Nail & I are building up a following on here unlike you -
you're still stuck with the miserable political carthorse of Howard -
his miserable politics.

Howard massacred keating.... it was a joy to behold!

But what a put down by Keating!
The best on the internet.

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It_is_the_Darkness Gold Member Offline Australian Politics Posts: 4000 in a ReTardis Gender:	Re: House Prices Crash Reply #173 - Mar 16^th, 2012 at 3:31pm Saying that - there are a lot of 'other' industries doing quite well. ...just like National Parks in the USA during the Great Depression.
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Ex Dame Pansi

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Re: House Prices Crash
Reply #174 - Mar 16^th, 2012 at 3:31pm

Sir lastnail wrote on Mar 16^th, 2012 at 3:12pm:

Ex Dame Pansi wrote on Mar 16^th, 2012 at 2:46pm:

<<What will they do in South Australia now that the property bubble has burst Cheesy LOL

Water training Cheesy LOL>>

.................................................................

He's got the market lastnail, there's only one water training company in the entire country. Look it up and check it out, that's if you want some water training. That's the worst pie chart that I've ever seen Shocked

I'm still trying to work out what it is that a water trainer does !! Any ideas ?? Cheesy

LOL

According to this water training company, they do cert II and cert III in ah! water training. The CEO (lol) or what I would call the proprietor is looking for some qualified staff, anyone looking for a job down there in country Vic? Check out the pie chart, the CEO must have St. Vitus's Dance.

http://watertrainingaustralia.com.au/

Now you know what water trainers do, it's brilliant!

pie chart LOL

http://www.wioa.org.au/conference_papers/1998/pdf/06_Mike_Rankin.pdf

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« Last Edit: Mar 16^th, 2012 at 3:38pm by Ex Dame Pansi »

"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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It_is_the_Darkness

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Re: House Prices Crash
Reply #175 - Mar 16^th, 2012 at 3:34pm

I remember me and my mate lived in a boarding house just down the road from the Lodge in Kirribilli. One night we went up to the Lodge, noticed the security guards were asleep and walked in and took a nice look around. We couldn't find Anita though - but I'm sure if we did, she wouldn't have minded our visit at all Wink

.
The following week on the front page of the Daily Telegraph the Security were grilled for being asleep. Wink

...alas, we should have had a swim in the Lodge pool like that fella did a year or so ago. Grin

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Ex Dame Pansi

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Re: House Prices Crash
Reply #176 - Mar 16^th, 2012 at 3:35pm

It_is_the_Darkness wrote on Mar 16^th, 2012 at 3:31pm:

Saying that - there are a lot of 'other' industries doing quite well.
...just like National Parks in the USA during the Great Depression.

That's right Jas, prostitution and liquor sales always flourish in bad times too. Maybe we need another great depression to get the pothole problems fixed. Or they could always take on a massive infrastructure project, like build 300,000 government houses for the homeless.

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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It_is_the_Darkness Gold Member Offline Australian Politics Posts: 4000 in a ReTardis Gender:	Re: House Prices Crash Reply #177 - Mar 16^th, 2012 at 3:41pm Well just goes to show how 'stupid' people can be. No money - but enough for alcohol . Sums up the Housing situation and the Banks lending money out doesn't it ...people buying stuff they can't afford. I hear the Farming Industry in Australia is booming besides the floods.
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It_is_the_Darkness Gold Member Offline Australian Politics Posts: 4000 in a ReTardis Gender:	Re: House Prices Crash Reply #178 - Mar 16^th, 2012 at 3:42pm ...and maybe its just a 'city' thing?
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Sir lastnail

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Re: House Prices Crash
Reply #179 - Mar 16^th, 2012 at 3:50pm

Ex Dame Pansi wrote on Mar 16^th, 2012 at 3:31pm:

Sir lastnail wrote on Mar 16^th, 2012 at 3:12pm:

Ex Dame Pansi wrote on Mar 16^th, 2012 at 2:46pm:

<<What will they do in South Australia now that the property bubble has burst Cheesy LOL

Water training Cheesy LOL>>

.................................................................

He's got the market lastnail, there's only one water training company in the entire country. Look it up and check it out, that's if you want some water training. That's the worst pie chart that I've ever seen Shocked

I'm still trying to work out what it is that a water trainer does !! Any ideas ?? Cheesy

LOL

According to this water training company, they do cert II and cert III in ah! water training. The CEO (lol) or what I would call the proprietor is looking for some qualified staff, anyone looking for a job down there in country Vic? Check out the pie chart, the CEO must have St. Vitus's Dance.

http://watertrainingaustralia.com.au/

Now you know what water trainers do, it's brilliant!

pie chart LOL

http://www.wioa.org.au/conference_papers/1998/pdf/06_Mike_Rankin.pdf

Sounds like a work for the dole scam Sad

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