- Joined
- 27 February 2008
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- 10
the tomato or the roll ?? would be nice to know which one to worry about
hello,
wait before you buy,
they forgot my tomato in my salad roll today and its going to wipeout the world
thankyou
robots
the tomato or the roll ?? would be nice to know which one to worry about
Here's a chart from tonight’s ABC news. It looks like the property market is at least 23% overcooked.
And if you look at when we last had a credit crisis, 1929-1933, you can see that house prices fell from about 200 to 100. A quiet 50% fall.Yep 23% plus the down dip thats overdue say another 15% let's round it off at say 40% probably a lot more.
Great analysis there... I can make up figures too (or "roudn them off" if you'd preferYep 23% plus the down dip thats overdue say another 15% let's round it off at say 40% probably a lot more.
Great analysis there... I can make up figures too (or "roudn them off" if you'd prefer. I'd rather live in the real world though.
Funny how the bears always try to get personal (with apologies to NC & Pommie).Yes I can see that from your avitar
Great analysis there... I can make up figures too (or "roudn them off" if you'd prefer. I'd rather live in the real world though.
Funny how the bears always try to get personal (with apologies to NC & Pommie).
hello,
wallop, bang, oh another high 5% smashed from the shonky exchange in one day, one day
about time CBA is getting pulled down with the rest,
Funny how the bears always try to get personal (with apologies to NC & Pommie).
I'd respond in kind, but some of us are above that sort of thingOh you poor victimised thing, go have a lie down.
I'd respond in kind, but some of us are above that sort of thing
im just trying to work out where everyone going to live while all this happens
This is the classic argument of most property bulls. Who says that people will get a place to live even if they need it? If the above average worker can't afford the house at the price it has to go down - simple. Then only above average workers will have houses and the rest will rent or whatever alternative.
I see a possibility of house prices going down. But I see this caused by factors that increase homelessness and general poverty. Unemployment, and the bank loan defaults, mortgagee sales, and so on resulting from this. As the money is sucked out of the economy a snowball effect can happen. Sad Australia put all its eggs in one basket - housing.
There are a few who on record as renters - some going back to the first housing thread from a number of years ago, so there's a bit of credibility there. I'm renting too by the way - rent money is only as dead as non-deductable bank interestim actually wondering if all these property bears here are actually prepared to rent for the next 5- 20 years in the hope of finally picking a bottom and paying dead money in rent in the meantime.
like i said was only a question.
There are a few who on record as renters - some going back to the first housing thread from a number of years ago, so there's a bit of credibility there. I'm renting too by the way - rent money is only as dead as non-deductable bank interest
There are a few who on record as renters - some going back to the first housing thread from a number of years ago, so there's a bit of credibility there. I'm renting too by the way - rent money is only as dead as non-deductable bank interest
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