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Aussie Property Prices False Statistics. (Read 299 times)
steve9
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Aussie Property Prices False Statistics.
May 27th, 2024 at 1:05pm
 
     My viewing news Channel ABC, regularly quotes resent CoreLogic Australia calculated property price statistics. This day May 26, Morning ABC2 and ABC24 a woman in Queensland outside in open sunshine quotes April regional home price increases.
     My issue here is area prices are quoted in percentage points of .0 to .9… exampling 5.5%.
     Properties have many locations within statistical recorded towns and cities. Properties have varying qualities of conditions and age. Sold or on sale properties having gathered data from one analysed period to the next analysed period based on I assumed properties sold, which are often seasonal, the many varying characteristics between periods can be calculated in on thousand degrees/0.1%… seems more remarkable than reality could possibly be.

     On googling CoreLogic Australia, I’m met with a web page requesting “buy report now” having orange background colour. Selling such statistical reports, ABC quoting data comes from CoreLogic, a website page selling worded data, could be compared to Catholic Church selling words to get misguided people imagining a human image god, getting believers into heaven after having died, in heaven property promotion influencing.

     Generally my assumption is that with higher interest rates, property turnover from previous boom periods would reduce real estate turnover, that due to reduced turnover lower expectations of quick sales turnover, property prices would be reduced. Seem reality has real estate agents telling sellers of property to maintain or even increase prices even though buyers of property need to service higher than previous boom period mortgage servicing.
     Media’s constant reminders of inflation higher building home costs, higher rental costs and homeless people due to shortages of rental properties mainly based on a single data supplier CoreLogic whom are partly to blame for controlling market forces property prices, investment expectations.

     Very few ideas mentioned about a limited supply of building materials Australia has to build that 1.2 million houses in 5 years, nor any mentioned ideas that particularly wood materials are being exported to China and other increasing population countries.
     News stories of Chinese high rise buildings being blown up must/should appal people on how much wood form-work were used to build something eventually being destroyed.

     Media have educated listeners that whatever politicians state are going to happen, aren’t going to happen on time nor on budget, if at all, allowing future embarrassing news stories of failed government planning exposures promoting transparent media democracy governments are real, the most important idea media controlled by establishment authority wants citizenry to believe.

     Biden Trump presidential election seemly “is that all USA 330 million population have for presidential leadership talent” or are political candidates acting so dysfunctional, are acting out incompetence, reflecting badly overly cognitive stressed educated USA citizenry’s reflection of themselves poor emotional stimuli memory remembering previous belief judgements.

     When French President Macron states “I don’t think, I know” accusing Scott Morrison of lying about submarine contracts. I recon the entire scene was pre-scripted maybe pre-rehearsed, the journalist asking Macron if he “thinks Morrison was lying”, getting the response “I don’t think, I know”, the camera in a perfect position for a good image capture.
     I’m amused by the comment as I’m sure people in the know, are also amused knowing themselves common educated people don’t correctly think, don’t correctly make connecting neuron connection memories into new understandings, instead badly educated people merely quickly quote short headline steams of data, behaviours first learnt while in early schooling, reinforce using more years of schooling and media’s short headline steams of human programming information.

steve9
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Laugh till you cry
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Re: Aussie Property Prices False Statistics.
Reply #1 - May 27th, 2024 at 2:34pm
 
An aimless rant with little relevance to the subject.
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Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.
 
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Grappler Racist Filth
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Re: Aussie Property Prices False Statistics.
Reply #2 - May 27th, 2024 at 4:11pm
 
I dunno - the bank has raised the estimate on this place by nearly 20% ...
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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams
 
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John Smith
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Re: Aussie Property Prices False Statistics.
Reply #3 - May 27th, 2024 at 7:45pm
 
Corelogic is the most reliable property data available. They get almost real time sales prices for all properties as they are sold. The vast majority of real estate agents use corelogic.
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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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steve9
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Re: Aussie Property Prices False Statistics.
Reply #4 - May 29th, 2024 at 9:19am
 
     USA house property mortgage holders stated by several television ABC commentators including finance reporter Allen Kohler have 30 year fixed interest mortgages that aren’t affected by USA increased interest rates.
     Australian RBA want citizenry to believe increasing interest rates fights inflation by limiting citizenry consumption, forcing sellers of goods to lower prices, that being the only theory I have heard.
     USA mortgage holders having fixed interest rates have not experienced increased USA interest rates, yet I have heard USA inflation figures are falling/lower than Australian inflation figures. Such inflation figures indicate evidence that increasing interest rates seems to be ignored by media’s shock jock government critics, whom they’re job is to create false beliefs “if something was wrong citizenry would hear and read about wrong doings against citizenry”.

     Can hear and maybe read that many modern first world countries have raised interest rates to fight inflation, which I say increasing interest rates after a period of lower interest rate borrowing is mere stealing citizenry money to reduce consumption, placing many privately owned businesses into financial stress and bankruptcy, consumer goods are more carat on a stick incentive to get people to work to earn more money to buy the goods up for sale than for an establishment to care about GDP consumer consumption economy figures, with high interest rate borrowers are using more earnings to pay for servicing debt.

     USA being the largest economy, I have been told many years ago via ABC Radio National during 1999 to increase trust for a future scam, using the idea of “the new Babylon” derived from the Babylon Persian Empire, that long ago Roman Catholic Church adopted the name based on the Babylonian Empire, controlling the European continent, handed the authority to Britain after the British Fleet defeated Napoleon at Trafalgar as Britain had a navy to sail to many countries, whom in 1900 handed the world leadership role to the USA establishment.

     Obvious to see, USA establishment wants all countries to follow this false ideology of raising interest rates to fight inflation, as if all countries practice this policy to allow traumatised by education people not to correctly think whom could question the increasing interest rate policy to fight inflation as being false.
     If counties fail to follow USA establishment rules, not to ‘teach citizenry bad education’, USA establishment control world trade: crude oil; shipping; may even give permission for over populated countries to invade countries that don’t follow USA establishment rules as an example to other countries not wanting to follow USA establishment rules.

     So obvious to me that USA home mortgage holders whom aren’t effected by interest rate increases on their spending habits, yet USA inflation is falling, most people hearing this statement aren’t using the knowledge to complain that the RBA policy is false, indicates to myself traumatised by school education, the need for pleasure seeking distractions, 'simple sports enthusiasm', limited ability for human ‘connecting the dots’ intelligence.

steve9
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