Australian Politics Forum - Australia headed for housing bloodbath

Bobby.

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Re: Australia headed for housing bloodbath
Reply #30 - Jun 25^th, 2015 at 6:42pm

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

Hear hear sir Nail,
The money might as well have gone towards a tulip bubble.

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Bobby. Gold Member Online Australian Politics Posts: 111593 Melbourne Gender:	Re: Australia headed for housing bloodbath Reply #31 - Jun 25^th, 2015 at 6:43pm .
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Sir lastnail

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Re: Australia headed for housing bloodbath
Reply #32 - Jun 25^th, 2015 at 7:09pm

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.

Is it ??

By the way your expertise is needed in Greece. You can teach them how to create wealth from flipping properties so they can pay back their debts Cheesy

LOL

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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 #33 - Jun 25^th, 2015 at 7:12pm

Bobby. wrote on Jun 25^th, 2015 at 6:42pm:

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

Hear hear sir Nail,
The money might as well have gone towards a tulip bubble.

The tulip mania was full of self opinionated delusional fools like longloser and downpipe and it was a brave person that questioned their wisdom.

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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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Bobby.

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Melbourne
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Re: Australia headed for housing bloodbath
Reply #34 - Jun 25^th, 2015 at 7:14pm

Sir lastnail wrote on Jun 25^th, 2015 at 7:12pm:

Bobby. wrote on Jun 25^th, 2015 at 6:42pm:

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

Hear hear sir Nail,
The money might as well have gone towards a tulip bubble.

The tulip mania was full of self opinionated delusional fools like longloser and downpipe and it was a brave person that questioned their wisdom.

Well at least I can maybe pick up a nice house for peanut money out of this.

I'll rent it out to Longy.

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longweekend58

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Re: Australia headed for housing bloodbath
Reply #35 - Jun 25^th, 2015 at 7:58pm

Sir lastnail wrote on Jun 25^th, 2015 at 7:09pm:

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.

Is it ??

By the way your expertise is needed in Greece. You can teach them how to create wealth from flipping properties so they can pay back their debts Cheesy

LOL

interestingly you didnt deny that you had lost all your money. you certainly act as if you did - multiple 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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longweekend58

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Re: Australia headed for housing bloodbath
Reply #36 - Jun 25^th, 2015 at 8:00pm

Bobby. wrote on Jun 25^th, 2015 at 7:14pm:

Sir lastnail wrote on Jun 25^th, 2015 at 7:12pm:

Bobby. wrote on Jun 25^th, 2015 at 6:42pm:

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

Hear hear sir Nail,
The money might as well have gone towards a tulip bubble.

The tulip mania was full of self opinionated delusional fools like longloser and downpipe and it was a brave person that questioned their wisdom.

Well at least I can maybe pick up a nice house for peanut money out of this.

I'll rent it out to Longy.

you think you'd be able to buy a house after losing your job in the recession? I will, because my business is far more secure than your minimum wage job at the servo down the road from gay-nail.

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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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aquascoot

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Re: Australia headed for housing bloodbath
Reply #37 - Jun 25^th, 2015 at 8:36pm

Ex Dame Pansi wrote on Jun 25^th, 2015 at 7:04am:

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

Good post -

it proves that sir Nail was always correct.

And Dame Pansi....but we knew that all along.

Bubbles best and there's usually a blood bath when they do.

Mining boom anyone?

Boom! boom!

(what goes up must come down, even house prices)

correct.
welfare payments went up too much under labor, as did public service numbers.
Both must now come down

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Sir lastnail

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Re: Australia headed for housing bloodbath
Reply #38 - Jun 25^th, 2015 at 9:38pm

longweekend58 wrote on Jun 25^th, 2015 at 7:58pm:

Sir lastnail wrote on Jun 25^th, 2015 at 7:09pm:

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.

Is it ??

By the way your expertise is needed in Greece. You can teach them how to create wealth from flipping properties so they can pay back their debts Cheesy

LOL

interestingly you didnt deny that you had lost all your money. you certainly act as if you did - multiple times.

and I'm sure that kind of reasoning would stand up in a court of law Cheesy

LOL

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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 #39 - Jun 25^th, 2015 at 9:41pm

longweekend58 wrote on Jun 25^th, 2015 at 8:00pm:

you think you'd be able to buy a house after losing your job in the recession? I will, because my business is far more secure than your minimum wage job at the servo down the road from gay-nail.

yeh there are always pedos looking for fresh meat even in a recession. your escort business will do ok Wink

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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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Baronvonrort

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Re: Australia headed for housing bloodbath
Reply #40 - Jun 25^th, 2015 at 10:12pm

Unforgiven wrote on Jun 24^th, 2015 at 11:15pm:

Fresh warning of the dangers of the property bubble.

Quote:

While many industry commentators have put rising house prices down to a shortage of supply to meet growing demand

In fact, economic modelling by LF Economics suggests that Australia has an overall oversupply of housing, to the tune of 165,000. According to David and Soos,

We have record auction clearance rates while having record low vacancy rates for renters,there is no oversupply of housing.

laugh til you cry/Svengali/unforgiven-
Get a job ya dopey bum.

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Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

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Unforgiven

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Re: Australia headed for housing bloodbath
Reply #41 - Jun 25^th, 2015 at 10:21pm

The housing industry supporters have no arguments and are instead engaging in personal attacks and sticking the boots into last nail.

Some of the denizens in this debate understand that the housing industry is the only thing holding the Australian economy together at the moment.

When the bubble bursts there will be blood.

Mother Abbott has no bones to throw the punters and the savage effect of unemployment on the budget and society will be tragic.

When the housing bubble bursts the wealth effect will strangle consumer spending spreading the disease through the whole of society.

Retailers are already struggling now. They will go under when the housing bubble bursts.

The smug denizens who are savagely attacking last nail for his opinion will be just as vulnerable as anyone else in the economy. You can't eat houses.

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« Last Edit: Jun 26^th, 2015 at 1:09am by Unforgiven »

“I’ll let you be in my dreams if I can be in yours” Bob Dylan

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President Elect, The Mechanic Gold Member Offline Australian Politics Posts: 17501 Gender:	Re: Australia headed for housing bloodbath Reply #42 - Jun 26^th, 2015 at 7:17am so hows the blood bath going???
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Bobby. Gold Member Online Australian Politics Posts: 111593 Melbourne Gender:	Re: Australia headed for housing bloodbath Reply #43 - Jun 26^th, 2015 at 7:33am President Elect, The Mechanic wrote on Jun 26^th, 2015 at 7:17am: so hows the blood bath going??? Ask Longy - he's a pensioner living in an old fibro dump in Adelaide.
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innocentbystander. Gold Member Offline Australian Politics Posts: 4723 Gender:	Re: Australia headed for housing bloodbath Reply #44 - Jun 26^th, 2015 at 10:11am Bobby. wrote on Jun 26^th, 2015 at 7:33am: President Elect, The Mechanic wrote on Jun 26^th, 2015 at 7:17am: so hows the blood bath going??? Ask Longy - he's a pensioner living in an old fibro dump in Adelaide. The only bloodbath happening out there is the Snowtown killings.
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