The future of Australian property prices

[Glen48]

One good thing about those who like to keep their head in the sane the rest of us have some where to park out push bikes.

 

[DB008]

Société Générale - brings back memories that name...4.9 Billion actually

Société Générale

 

[im sparticus]

How could you possibly know what he or anyone is privy to or in realisation of .... you speak like some kind of crystal ball reading soothsayer .... perhaps you are !

bold statement i know but really, what do you believe he is privy to and in realisation of that all market participants as a whole are not?

 

[young-gun]

bold statement i know but really, what do you believe he is privy to and in realisation of that all market participants as a whole are not?

quite simple really, investors are biased, as they have their retirements savings in shares and property, they are either ignorant, or mis-informed. it's not that the bears know any more than the next guy, they are simply choosing not to ignore the blatantly obvious. some don't care about the price of their shares which is fair enough, if you bought way back when and your dividends are sky high i prob wouldnt expose myself to the capital gains either.

i think you are giving the markets far too much credit, as they are built on greed.

anyway prices still seem to be falling, havent seen any factories shut down in the past day or two, perhaps we've seen the worst of it?

 

[Julia]

anyway prices still seem to be falling, havent seen any factories shut down in the past day or two, perhaps we've seen the worst of it?

Dream on.

 

[Starcraftmazter]

You do realise the market priced in everything your privy to and some long before you realised it...right?

Just like it priced in the US housing bubble when we were well aware of it but before the **** hit the fan? OH WAIT.

Go back to uni with your failed "efficient market" nonsense.

bold statement i know but really, what do you believe he is privy to and in realisation of that all market participants as a whole are not?

What makes you think most market participants are not mentally retarded?

 

[im sparticus]

Just like it priced in the US housing bubble when we were well aware of it but before the **** hit the fan? OH WAIT.

Go back to uni with your failed "efficient market" nonsense.



What makes you think most market participants are not mentally retarded?

Omg now ive heard it all, so just how much money did you and the rest of your ilk make calling the gfc?

 

[Starcraftmazter]

Omg now ive heard it all, so just how much money did you and the rest of your ilk make calling the gfc?

Stop trying to change the topic and accept the fact that the market is not efficient nor rational nor right. Everyone is aware of everything and nobody knows how to analyse all the information properly to draw the correct conclusions.

 

[im sparticus]

Stop trying to change the topic and accept the fact that the market is not efficient nor rational nor right. Everyone is aware of everything and nobody knows how to analyse all the information properly to draw the right conclusions.

Nope sorry. i will always go with the market and fade the likes of you

anywhoo for me we are range bound with all risk of going lower thab gfc all but gone the next move is up we arnt far off with history repeating some indicators for me will be this may sound a little wakey but weakness in gold im talking 1974 and on style gold weakness and stock market recovery and just for ****s and giggles a greek default, apparently the last time greece defaulted was right at the start of a huge bull market look it up quiet interesting.

 

[Starcraftmazter]

weakness in gold im talking 1974 and on style gold weakness

Back then the USD was still convertable to gold, and European countries called America's money-printing bull**** and demanded their treasuries be exchanged for gold causing the crisis and the collapse of USD as the gold backed currency.

Nothing that is happening now can be compared to that period of time.


Have fun losing money with the market.

 

[im sparticus]

Nope sorry. i will always go with the market and fade the likes of you

anywhoo for me we are range bound with all risk of going lower thab gfc all but gone the next move is up we arnt far off with history repeating some indicators for me will be this may sound a little wakey but weakness in gold im talking 1974 and on style gold weakness and stock market recovery and just for ****s and giggles a greek default, apparently the last time greece defaulted was right at the start of a huge bull market look it up quiet interesting.

Another thing is that the dow has been range bound since the late 90s gfc magnitude selloffs have happened twice in that time long time to be rangebound the next major selloff ill be expecting as the last then we will see a real bull market something my generation hasnt seen in its adult life. thats my take on the next 20 years.

 

[im sparticus]

Back then the USD was still convertable to gold, and European countries called America's money-printing bull**** and demanded their treasuries be exchanged for gold causing the crisis and the collapse of USD as the gold backed currency.

Nothing that is happening now can be compared to that period of time.


Have fun losing money with the market.

maybe you could be so kind as to show us how you make money in the markets (please dont say your still putting it all under your mattress cause you dont trust the greedy banks....on second thaughts just show us how to make that special uminium foil hat you use to protect yourself.

 

[moXJO]

THE Australian economy added 15,500 jobs in April, compared to market expectations for 5000 fewer jobs during the month, data from the Australian Bureau of Statistics showed today.

Ok wasn't expecting that. Bad news for Doomers.

 

[numbercruncher]

Ok wasn't expecting that. Bad news for Doomers.

The truth is always in the detail's ...... got to love intentionally misleading news articles ....

"The growth in jobs is all in part time work, with part time employment rising by 26,000 and full time jobs falling by 10,500,” said treasury spokesman Joe Hockey. “The ambition of full time work is becoming less of an opportunity for Australians.”

http://www.theaustralian.com.au/business/economics/australian-dollar-spikes-as-abs-unemployment-data-surprises-market/story-e6frg926-1226352030159

Im guessing Part-Time jobs arnt that good for "booming" house prices in this new era of responsible lending ?

 

[young-gun]

The truth is always in the detail's ...... got to love intentionally misleading news articles ....




http://www.theaustralian.com.au/business/economics/australian-dollar-spikes-as-abs-unemployment-data-surprises-market/story-e6frg926-1226352030159

Im guessing Part-Time jobs arnt that good for "booming" house prices in this new era of responsible lending ?

since when did we start paying attention to job figures anyway? they are almost as useless as the US figures. id say all those part timers are now working at dominos, i think they are doing pretty well.

 

[young-gun]

Nope sorry. i will always go with the market and fade the likes of you

anywhoo for me we are range bound with all risk of going lower thab gfc all but gone the next move is up we arnt far off with history repeating some indicators for me will be this may sound a little wakey but weakness in gold im talking 1974 and on style gold weakness and stock market recovery and just for ****s and giggles a greek default, apparently the last time greece defaulted was right at the start of a huge bull market look it up quiet interesting.

im glad you're not in control of my money. if you can please point out anything at all that could not only start, but then sustain a half decent rally i would love to hear it.

 

[DB008]

Here is something that just popped up on Bloomberg.
Could it happen here?

Dutch With Food Aid Shows New Economic Reality Engulfing Europe

It’s just after lunchtime on a drizzly day in the Amsterdam suburb of Bos en Lommer and the line of people waiting to fill their bags with free rice, juice, potatoes and bread is lengthening.
The market is one of 135 food banks in the Netherlands bailing out people trying to survive on less than 180 euros ($234) a month, the threshold to qualify for the aid. Organizers say demand for the service rose 20 percent in the first quarter.

 

[numbercruncher]

Here is something that just popped up on Bloomberg.
Could it happen here?

Already does thanks to the free flow of people from New Zealand who have no entitlement to social security arriving here -

Half of the clients of the food charities on the Gold Coast are young unemployed and therefore hungry Kiwis ....

But I dont think the income of Australian residents could ever fall as low as in that article ?

 

[im sparticus]

im glad you're not in control of my money. if you can please point out anything at all that could not only start, but then sustain a half decent rally i would love to hear it.

i know im being very general here

the further lowering of interest rates due to the tight budget. from memory most aussie property booms i know of began with record low interest rates. i think sentiment was worse last time around too most missed the turn and looks like they will again.

How much money has your superior market knowhow made you?

 

[satanoperca]

How much money has your superior market knowhow made you?

Mine is bigger than yours.
Title : The future of Australian property prices
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