Australian Politics Forum - House Prices Crash

Bobby. Gold Member Offline Australian Politics Posts: 121396 Melbourne Gender:	Re: House Prices Crash Reply #90 - Mar 14^th, 2012 at 7:21pm As soon as you win an argument out comes the old homo accusation. Black idiot - get a life & a new joke.
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blackadder

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Re: House Prices Crash
Reply #91 - Mar 14^th, 2012 at 7:29pm

All I did batpoo was to ask if you were married. It was you that offered me your @rse.

bobbythebat1 Online
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blackadder wrote Today at 6:59pm:
Longweekend,
Please provide a link to prove this statement - or apologise.

You married batpoo?

Why - are you looking for a bum chum?

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perceptions_now

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Re: House Prices Crash
Reply #92 - Mar 14^th, 2012 at 8:03pm

longweekend58 wrote on Mar 13^th, 2012 at 7:38pm:

Ex Dame Pansi wrote on Mar 13^th, 2012 at 2:23pm:

It's the property spruikers we hate for sprouting lies about real estate never losing value.

It hasn't bottomed yet, nowhere near.

Myself, bobby and nails give people advice not to buy real estate because it is bound to lose value and we don't like to see ordinary family people ripped off by unscrupulous real estate agents that would rob their own grandma's.

Where were the floods in St Kilda? I didn't hear about that, hope everyone is ok.

Real estate is going the same way as manufacturing and retail.....south. But never fear, other industries will take their place, renewable energy and sustainable cottage industries.

Anyone have any innovative ideas? I know you do lastnail with your non fossil fool cars. Anyone else?

Buying and selling houses to at an ever increased price is finished

pity for the last ones to buy before the crash...... sh*t happens!

you've been saying this for five years now while property has DOUBLED in price. dont you ever get sick of being wrong in the Flannery-mold? You ahve bene LITERALLY 100% wrong. you predicted a 70% crash in prices and instead saw a 100% INCREASE. that makes you wrong by the HUGEST of margins.

yet here you are sprouting the same old crap and the same old lies whiel the rest of us ar going on ahead.

enjoy rent -day losers. you wil lbe experiencing it til the day you die and nthen pass on absolutely nothing to your kids. what a wonderful example of loser-dom.

http://www.livingin-australia.com/australian-house-prices/

I don't know what part of the planet you come from LW or even if you live on the same planet, but clearly YOU ARE LIVING IN A PAST ERA!

Due to basic Demographics and other Macro Economic factors, the next 5-10 years will see -
1) Existing house Prices continue their recent trends, with further declines!
2) New Housing Construction will continue to decline, in line with the current trends!

Both of which are consistent with trends in the USA & Europe.

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Bobby.

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Re: House Prices Crash
Reply #93 - Mar 14^th, 2012 at 8:04pm

blackadder wrote on Mar 14^th, 2012 at 7:29pm:

All I did batpoo was to ask if you were married. It was you that offered me your @rse.

bobbythebat1 Online
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blackadder wrote Today at 6:59pm:
Longweekend,
Please provide a link to prove this statement - or apologise.

You married batpoo?

Why - are you looking for a bum chum?

Sorry Black but after your constant homosexual comments
I thought you were trolling for a like minded person.
I'm not one of them.
Go & join a gay forum.
There must be some on the internet.

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Frances Gold Member Offline Australian Politics Posts: 3577 In a Castle in the Hills Gender:	Re: House Prices Crash Reply #94 - Mar 14^th, 2012 at 8:18pm From the diagram perceptions_now posted, I gather that prices dropped for almost a year, but have been back on the way up for the last few months. Perhaps I am simplifying it too much, but it seems to me that you would only have lost money if you sold during that period.
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Gist Gold Member Offline I am not a sock, I am a human being! Posts: 5476	Re: House Prices Crash Reply #95 - Mar 14^th, 2012 at 8:23pm What I want to know is how the hell bobby got his outline on that chart. Or is Sydney calling for help from batman?
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Frances Gold Member Offline Australian Politics Posts: 3577 In a Castle in the Hills Gender:	Re: House Prices Crash Reply #96 - Mar 14^th, 2012 at 8:26pm I noticed that too - rather odd, isn't it?
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Bobby. Gold Member Offline Australian Politics Posts: 121396 Melbourne Gender:	Re: House Prices Crash Reply #97 - Mar 14^th, 2012 at 8:34pm The Bat rules!
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Frances Gold Member Offline Australian Politics Posts: 3577 In a Castle in the Hills Gender:	Re: House Prices Crash Reply #98 - Mar 14^th, 2012 at 8:38pm
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Bobby. Gold Member Offline Australian Politics Posts: 121396 Melbourne Gender:	Re: House Prices Crash Reply #99 - Mar 14^th, 2012 at 10:15pm The job of Bobbythebat is to go into bat for the battlers.
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perceptions_now Gold Member Offline Australian Politics Posts: 11694 Perth WA Gender:	Re: House Prices Crash Reply #100 - Mar 14^th, 2012 at 10:18pm Gist wrote on Mar 14^th, 2012 at 8:23pm: What I want to know is how the hell bobby got his outline on that chart. Or is Sydney calling for help from batman? Yeah, I noticed the Sydney Pricing too, from around June 2009 to June 2011! It seems that Sydney may be a batman follower?
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perceptions_now

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Re: House Prices Crash
Reply #101 - Mar 14^th, 2012 at 10:30pm

Frances wrote on Mar 14^th, 2012 at 8:18pm:

From the diagram perceptions_now posted, I gather that prices dropped for almost a year, but have been back on the way up for the last few months. Perhaps I am simplifying it too much, but it seems to me that you would only have lost money if you sold during that period.

I would suspect the more likely outcome is that we (OZ) will follow a similar pattern to the USA & Europe, as indicated by the following chart.

This reflects the Demographic influence of the Baby Boomers BOOM from the mid 1990's to around 2006 and then the BUST that has since followed!

In Australia, this effect was postponed temporarily, primarily by government input into the new home buyers market, but also by virtue that the Economic impact of the GFC on Australia was also largely postponed by virtue of the continuing positive impact on the OZ Economy by the Chinese Economy, which is only now starting to falter.

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It_is_the_Darkness Gold Member Offline Australian Politics Posts: 4000 in a ReTardis Gender:	Re: House Prices Crash Reply #102 - Mar 14^th, 2012 at 10:36pm CRASH CRASH CRASH !!! Yayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy Buy right, shouldn't a 'crash' bring back prices to the point of the 1970's ? The Great Depression crashed things x3 times what they were.
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Frances Gold Member Offline Australian Politics Posts: 3577 In a Castle in the Hills Gender:	Re: House Prices Crash Reply #103 - Mar 14^th, 2012 at 11:01pm Should I sell that spare house I have on the Upper North Shore now or later?
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Sir lastnail

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Re: House Prices Crash
Reply #104 - Mar 15^th, 2012 at 9:36am

Frances wrote on Mar 14^th, 2012 at 8:18pm:

From the diagram perceptions_now posted, I gather that prices dropped for almost a year, but have been back on the way up for the last few months. Perhaps I am simplifying it too much, but it seems to me that you would only have lost money if you sold during that period.

With the lowest growth rate in bank lending in 35 years it's probably just a dead cat bounce caused by spruikers trying to pump up the markets in the media Wink

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