Australian Politics Forum - Australia headed for housing bloodbath

Steampipe

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Re: Australia headed for housing bloodbath
Reply #15 - Jun 25^th, 2015 at 12:53pm

Sir lastnail wrote on Jun 25^th, 2015 at 12:35pm:

Steampipe wrote on Jun 25^th, 2015 at 12:31pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

Yeh and see if the banks are still so generous at throwing money at worthless old dumps Wink

Why would I buy a worthless old dump, and who cares what the banks do.

Because most of these investment properties are being bought with borrowed bank money.

These are the people that investors will make off, ten investors chuck in $35,000 each and buy the house cheap and rent it out.

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Steampipe

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Re: Australia headed for housing bloodbath
Reply #16 - Jun 25^th, 2015 at 12:58pm

Sir lastnail wrote on Jun 25^th, 2015 at 12:38pm:

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

But your so called "success" is just an illusion because it is being bought with other peoples financial misery and not by being productive.

I just get pissed off that there is no money available for anything else except a property ponzi scheme. What a wasted opportunity for a country that calls itself an "advanced" economy Sad

That's your problem, you are pissed off at me because I not only run a business but held a full time job for six years so I could save a shitload of money to better myself. You are pissed off because I didn't piss my money down the drain and worked hard (along with my wife) to improve our lot in life. I'm so sorry I let you down and didn't rack up credit card interest and accepted that life was too hard.

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Unforgiven Gold Member Offline I have sinned Posts: 8879 Gender:	Re: Australia headed for housing bloodbath Reply #17 - Jun 25^th, 2015 at 1:16pm The real issue is the housing bubble is being inflated by negative gearing tax deductions and excessive bank lending for investors. When, not if, the bubble bursts there will be blood.
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Sir lastnail

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Re: Australia headed for housing bloodbath
Reply #18 - Jun 25^th, 2015 at 2:03pm

Steampipe wrote on Jun 25^th, 2015 at 12:58pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:38pm:

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

But your so called "success" is just an illusion because it is being bought with other peoples financial misery and not by being productive.

I just get pissed off that there is no money available for anything else except a property ponzi scheme. What a wasted opportunity for a country that calls itself an "advanced" economy Sad

That's your problem, you are pissed off at me because I not only run a business but held a full time job for six years so I could save a shitload of money to better myself. You are pissed off because I didn't piss my money down the drain and worked hard (along with my wife) to improve our lot in life. I'm so sorry I let you down and didn't rack up credit card interest and accepted that life was too hard.

yeh and why don't you save up some more money and buy some more trophies so you can engrave your name on them.

piss off mate.

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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.

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Sir lastnail

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Re: Australia headed for housing bloodbath
Reply #19 - Jun 25^th, 2015 at 2:05pm

Unforgiven wrote on Jun 25^th, 2015 at 1:16pm:

The real issue is the housing bubble is being inflated by negative gearing tax deductions and excessive bank lending for investors.

When, not if, the bubble bursts there will be blood.

Of course it is and governments from both sides are equally complicit in fueling this bubble.

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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.

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Steampipe

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Re: Australia headed for housing bloodbath
Reply #20 - Jun 25^th, 2015 at 3:38pm

Sir lastnail wrote on Jun 25^th, 2015 at 2:03pm:

Steampipe wrote on Jun 25^th, 2015 at 12:58pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:38pm:

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

But your so called "success" is just an illusion because it is being bought with other peoples financial misery and not by being productive.

I just get pissed off that there is no money available for anything else except a property ponzi scheme. What a wasted opportunity for a country that calls itself an "advanced" economy Sad

That's your problem, you are pissed off at me because I not only run a business but held a full time job for six years so I could save a shitload of money to better myself. You are pissed off because I didn't piss my money down the drain and worked hard (along with my wife) to improve our lot in life. I'm so sorry I let you down and didn't rack up credit card interest and accepted that life was too hard.

yeh and why don't you save up some more money and buy some more trophies so you can engrave your name on them.

piss off mate.

I cant, my trophy cabinet if full.

I'm not ashamed that I have made a good life for myself, that's what life is all about.

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Sir lastnail

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Re: Australia headed for housing bloodbath
Reply #21 - Jun 25^th, 2015 at 3:45pm

Steampipe wrote on Jun 25^th, 2015 at 3:38pm:

Sir lastnail wrote on Jun 25^th, 2015 at 2:03pm:

Steampipe wrote on Jun 25^th, 2015 at 12:58pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:38pm:

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

But your so called "success" is just an illusion because it is being bought with other peoples financial misery and not by being productive.

I just get pissed off that there is no money available for anything else except a property ponzi scheme. What a wasted opportunity for a country that calls itself an "advanced" economy Sad

That's your problem, you are pissed off at me because I not only run a business but held a full time job for six years so I could save a shitload of money to better myself. You are pissed off because I didn't piss my money down the drain and worked hard (along with my wife) to improve our lot in life. I'm so sorry I let you down and didn't rack up credit card interest and accepted that life was too hard.

yeh and why don't you save up some more money and buy some more trophies so you can engrave your name on them.

piss off mate.

I cant, my trophy cabinet if full.

I'm not ashamed that I have made a good life for myself, that's what life is all about.

yeh I know. your mate told me that you buy trophies and put your name on them.

piss off mate.

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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.

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Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: Australia headed for housing bloodbath Reply #22 - Jun 25^th, 2015 at 4:28pm longweekend58 wrote on Jun 25^th, 2015 at 8:59am: Bobby. wrote on Jun 24^th, 2015 at 11:20pm: Good post - it proves that sir Nail was always correct. 'proves'??? and opinion is proof of precisely nothing. you are one dumb bunny, booby. It's actually quite sad.
Back to top	If I let myself be bought then I am no longer free. HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415) IP Logged

Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: Australia headed for housing bloodbath Reply #23 - Jun 25^th, 2015 at 4:29pm Steampipe wrote on Jun 25^th, 2015 at 12:21pm: When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses. So will we.
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Lisa Jones

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Re: Australia headed for housing bloodbath
Reply #24 - Jun 25^th, 2015 at 4:34pm

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

Yep. It's recurringly clear that he played the stock market...and lost it all.

Hence why he can't afford his own home and still rents.

Hence why we're stuck with his daily whinge topics on housing.

It's all quite sad actually.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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longweekend58

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Re: Australia headed for housing bloodbath
Reply #25 - Jun 25^th, 2015 at 6:21pm

Sir lastnail wrote on Jun 25^th, 2015 at 12:09pm:

Ex Dame Pansi wrote on Jun 25^th, 2015 at 11:11am:

longweekend58 wrote on Jun 25^th, 2015 at 8:59am:

Bobby. wrote on Jun 24^th, 2015 at 11:20pm:

Good post -

it proves that sir Nail was always correct.

'proves'???

and opinion is proof of precisely nothing.

you are one dumb bunny, booby.

Boom! boom! longy.....your $80,000 house will go back to $80,000 again or less boo hoo Cry

We told you to sell it and buy a dump and pocket the change.

longloser is dreaming. He thinks his house is worth more now. It wasn't for Leyton Hewitt Cheesy

LOL

http://www.realestate.com.au/blog/hewitt-scores-loss-with-sale/

Quote:

Lleyton Hewitt scores loss with home sale

Tennis champion Lleyton Hewitt’s Adelaide mansion has finally been sold after a several years on the market unable to tempt buyers.

The Australian sports star and his wife live in the Bahamas, but have held this property in Hewitt’s hometown since 2003, paying $3.2 million.

It was first listed in November 2008 with a range of $2.95 million to $3.24 million.

A buyer has finally stepped up, paying a reported $2.5 million – a loss for Hewitt.

you mean a house ten times the average for adelaide is some kind of litmus test? what are you - besides a dimwitted fool?

house price data isnt based on one house, it is based on THOUSANDS.

so much for you being a businessman. you work the checkout at a petrol station and still probably screw it up.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58

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Re: Australia headed for housing bloodbath
Reply #26 - Jun 25^th, 2015 at 6:22pm

Lisa Jones wrote on Jun 25^th, 2015 at 4:34pm:

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

Yep. It's recurringly clear that he played the stock market...and lost it all.

Hence why he can't afford his own home and still rents.

Hence why we're stuck with his daily whinge topics on housing.

It's all quite sad actually.

that would explain it.

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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longweekend58

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Re: Australia headed for housing bloodbath
Reply #27 - Jun 25^th, 2015 at 6:23pm

Sir lastnail wrote on Jun 25^th, 2015 at 12:38pm:

Steampipe wrote on Jun 25^th, 2015 at 12:34pm:

Sir lastnail wrote on Jun 25^th, 2015 at 12:28pm:

Steampipe wrote on Jun 25^th, 2015 at 12:21pm:

When bubbles burst it also a great time for investors to increase their holdings, if house prices fall then I will be buying more houses.

And whilst your at it you can buy some Fortescue Metal shares Cheesy

LOL

I get the feeling you have lost a lot of money and feel bitterness towards those that have been successful.

But your so called "success" is just an illusion because it is being bought with other peoples financial misery and not by being productive.

I just get pissed off that there is no money available for anything else except a property ponzi scheme. What a wasted opportunity for a country that calls itself an "advanced" economy Sad

sounds like someone who cant borrow money. Gone bankrupt one too many times????

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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issuevoter Gold Member Offline Australian Politics Posts: 9200 The Great State of Mind Gender:	Re: Australia headed for housing bloodbath Reply #28 - Jun 25^th, 2015 at 6:35pm Housing bloodbath? Bring it on. I don't give a rats ass.
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longweekend58 Gold Member Offline Australian Politics Posts: 45675 Gender:	Re: Australia headed for housing bloodbath Reply #29 - Jun 25^th, 2015 at 6:39pm issuevoter wrote on Jun 25^th, 2015 at 6:35pm: Housing bloodbath? Bring it on. I don't give a rats ass. and the deep recession, massive unemployment and economic destruction that would occur is of no interest to you?
Back to top	AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..." IP Logged