Australian Politics Forum

freediver

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Re: Housing Crash
Reply #15 - Sep 1^st, 2022 at 5:17pm

random wrote on Sep 1^st, 2022 at 4:31pm:

John Smith wrote on Sep 1^st, 2022 at 3:57pm:

random wrote on Sep 1^st, 2022 at 2:55pm:

Families get evicted if they fail to make repayments on their loan. Multiples of those do not cause a crash, they are the result of a crash.

no, property has been booming (the opposite of crash) the last 3 years or so, and every single month I've received a list of properties that were repossessed during that month so if people get evicted it's usually for their own stupid fault. Never over commit. Buy what you can afford, not what you desire.

It is not about afford or desire, it is about need. Some people struggle to keep a roof over their families heads.

Other people get a list of properties that families have been evicted from, in case they want to make money out of the tragedy.

People who are actually struggling to get by do not get a home loan. If they are struggling because of a home loan, it is entirely the result of their own choices. No-one, and no magical force, compelled them to get into that situation.

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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John Smith

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Re: Housing Crash
Reply #16 - Sep 1^st, 2022 at 5:31pm

random wrote on Sep 1^st, 2022 at 4:31pm:

John Smith wrote on Sep 1^st, 2022 at 3:57pm:

random wrote on Sep 1^st, 2022 at 2:55pm:

Families get evicted if they fail to make repayments on their loan. Multiples of those do not cause a crash, they are the result of a crash.

no, property has been booming (the opposite of crash) the last 3 years or so, and every single month I've received a list of properties that were repossessed during that month so if people get evicted it's usually for their own stupid fault. Never over commit. Buy what you can afford, not what you desire.

It is not about afford or desire, it is about need. Some people struggle to keep a roof over their families heads.

Other people get a list of properties that families have been evicted from, in case they want to make money out of the tragedy.

I agree people are struggling to put a roof over their heads. It's not much better with renting these days with them being priced out of range for many as well. Thats if you can find one at all.

Thats not the same as blaming repossessions on a 'crash. A property crash would in fact ultimately help those struggling to put a roof over their heads as it would lower prices and make housing more affordable for everyone, even renters

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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random

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Re: Housing Crash
Reply #17 - Sep 1^st, 2022 at 6:26pm

freediver wrote on Sep 1^st, 2022 at 5:17pm:

random wrote on Sep 1^st, 2022 at 4:31pm:

John Smith wrote on Sep 1^st, 2022 at 3:57pm:

random wrote on Sep 1^st, 2022 at 2:55pm:

Families get evicted if they fail to make repayments on their loan. Multiples of those do not cause a crash, they are the result of a crash.

no, property has been booming (the opposite of crash) the last 3 years or so, and every single month I've received a list of properties that were repossessed during that month so if people get evicted it's usually for their own stupid fault. Never over commit. Buy what you can afford, not what you desire.

It is not about afford or desire, it is about need. Some people struggle to keep a roof over their families heads.

Other people get a list of properties that families have been evicted from, in case they want to make money out of the tragedy.

People who are actually struggling to get by do not get a home loan. If they are struggling because of a home loan, it is entirely the result of their own choices. No-one, and no magical force, compelled them to get into that situation.

Ever heard of interest rates?

People who should never been given a loan, were, by greedy assholes who got commission for the deed. These people were taken advantage of. Not everyone is average or above IQ, but even less educated people should not be put in situations that are financially hazardous, for the profit of others when it is as serious as the roof over their heads.

But I can see that you belong to the 'faaark you I got mine' club

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So many farkwits, so little time.

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freediver Gold Member Offline www.ozpolitic.com Posts: 53234 At my desk.	Re: Housing Crash Reply #18 - Sep 1^st, 2022 at 6:36pm Quote: People who should never been given a loan, were, by greedy assholes Are people ever responsible for their own decisions? You don't need to be a genius to figure this stuff out. Do you think they people who borrow more than they can afford are greedy?
Back to top	People who can't distinguish between etymology and entomology bug me in ways I cannot put into words. IP Logged

random

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Re: Housing Crash
Reply #19 - Sep 1^st, 2022 at 6:40pm

freediver wrote on Sep 1^st, 2022 at 6:36pm:

Quote:

People who should never been given a loan, were, by greedy assholes

Are people ever responsible for their own decisions? You don't need to be a genius to figure this stuff out. Do you think they people who borrow more than they can afford are greedy?

No, but I think you are a bit thick in the comprehension department, or maybe just trolling for clicks.

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So many farkwits, so little time.

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freediver

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Posts: 53234
At my desk.

Re: Housing Crash
Reply #20 - Sep 1^st, 2022 at 8:35pm

random wrote on Sep 1^st, 2022 at 6:40pm:

freediver wrote on Sep 1^st, 2022 at 6:36pm:

Quote:

People who should never been given a loan, were, by greedy assholes

Are people ever responsible for their own decisions? You don't need to be a genius to figure this stuff out. Do you think they people who borrow more than they can afford are greedy?

No, but I think you are a bit thick in the comprehension department, or maybe just trolling for clicks.

So you don't think it is greedy to try to acquire a house that you cannot afford with other people's money?

Nor are you responsible for your own actions when reality catches up with you?

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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Jasin Gold Member Offline Posts: 56849 Gender:	Re: Housing Crash Reply #21 - Sep 1^st, 2022 at 9:21pm Just think of all the free housing left vacant by people who can't afford to keep their second, third and fourth houses. Free Housing!!! Bring it down. Make it crash!
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Lisa Jones

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Re: Housing Crash
Reply #22 - Sep 2^nd, 2022 at 12:07pm

Jasin wrote on Sep 1^st, 2022 at 9:21pm:

Just think of all the free housing left vacant by people who can't afford to keep their second, third and fourth houses.

Free Housing!!! Cheesy

Bring it down.
Make it crash! Grin

There are many cashed up investors in the market atm who are eagerly WATCHING and WAITING for that crash ie market correction to happen because it means they'll be able to jump in and grab a few more properties. With unbelievable ease.

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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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