Australian (ASX) Stock Market Forum

House prices to keep rising for years

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hello,

ReD aLeRt ReD aLeRt ReD aLeRt ReD aLeRt ReD aLeRt ReD aLeRt

http://www.reiv.com.au/home/inside.asp?ID=162&nav1=652&nav2=162

massive 87%, hahahahahahaha man life just keeps rolling on and on and on

what a day out there again, look just a few words,

well done to all out on the streets, nirvana

just amazing coming up to 4yr anniversary on the king of all property threads,

maybe some air time for that thread would be good for the new Australians that have settled in to the finest country in the world, anyone got a link

thankyou
professor robots
 
Still absorbing the figures robots. Normal transmission will resume once I have fed the hamster who runs around inside the little wheel to keep my laptop fired up.
 
hello,

ReD aLeRt ReD aLeRt ReD aLeRt ReD aLeRt ReD aLeRt ReD aLeRt

http://www.reiv.com.au/home/inside.asp?ID=162&nav1=652&nav2=162

massive 87%, hahahahahahaha man life just keeps rolling on and on and on

what a day out there again, look just a few words,

well done to all out on the streets, nirvana

just amazing coming up to 4yr anniversary on the king of all property threads,

maybe some air time for that thread would be good for the new Australians that have settled in to the finest country in the world, anyone got a link

thankyou
professor robots

hello,

what an effort today, well done and the $ just keep rolling in

thankyou
professor robots
 
hello,

its just great, rolling with Kincella and Beej just plodding along enjoying the ride of the one and only

i cant believe it, amazing, hahahahahahahaha

do you reckon Numbercruncher will pop back one day?

thankyou
professor robots
 
geez, dont hear from Robots all week, then I pop out for a few minutes and here he is...posting madly away.....
all those people buying the houses, must have the same disease as those on the stockmarket....
they are going too hard and too fast imo.....
do they really think its all behind them.....
oh well maybe they know something that I dont
cheers
 
hello,
congratulations
http://www.reiv.com.au/news/details.asp?NewsID=809
fantastic effort by Steven, not easy out the front of a crowd conducting the fairest sale process on the planetthankyou
professor robots

The Auction system is the most shonky rip off ever perpetrated on decent human beings.

Until recently some auction consisted entirely of vendor fake bids until some unsuspecting interested party was sucked in and sold up as far as the agents could fake it.

I saw an Auction once where there was furious bidding between a few parties and a young couple won the day, the young wife cried and thanked the agent for helping them all through the sale process prior to the auction, later the agent told me they were the only bidders.

Does it still go on ?, of course it does,
 
hello,

apologies Kincella, have been on Mornington Peninsula at parents and my fathers internet plan is very very low (200mb) so i dont use it too much when staying there

thankyou
professor robots
 
massive 87%, hahahahahahaha man life just keeps rolling on and on and on

87% what does that translate into numbers of FHB's who will go down the gurgler in the next 18 months. hahahahaha your way out of that one:(
 
hello,

apologies Kincella, have been on Mornington Peninsula at parents and my fathers internet plan is very very low (200mb) so i dont use it too much when staying there

thankyou
professor robots

Don't take this the wrong way robots BUT if the money is rolling in on the housing estates that you have your fingers in, why don't you increase the bandwidth for the parents to something sustainable so that way when you stay there you can post at an even pace? :confused:
 
Hi Robots, no apologies required....it was just intended as a pun or joke...nothing more.... when I go to the country, I only use the internet shops for 1/2 hour a day....read the news etc.....use it as a break away from blogging, and sitting behind a screen all day....
I am due to go there again ,soon as I can get some of this work completed....
I want to buy a house for a family friend, do it in my name, and he just treats it as his own and pays it off...do all the solar panels etc so he can have some comfort....he is one of those who had a motor bike injury years ago and hurt his back and his knee....he does not earn enough to get a loan himself, but I aim to get a cheap house for him and lock in the low rates...similar position for him as paying rent....but this way there will be a comfortable house rather than what he pays for now....
I try to look after family with housing ..so there are at least more 3 houses I would like to get my hands on......
cheers
 
hello,

great suggestion Trainspotter on my next visit (next week) i will sort it out for them

i might see if I can access my Melbourne University account and some how get that running at the parent's place

thankyou
professor robots
 
there is a wireless modem you can take with you....but the telstra wireless modem I had here for a month....kept going out, several times a day,...in the middle of banking and its stopped working....then I told them to shove it....
or it might be cheaper to just go to an internet cafe for half an hour....
there is a prepaid wireless modem for about $120 with 5 gb.....seems expensive but you just take it with you...and then hope it works...
 
Like we found out in the other thread,

in June there were 5193 first home buyers for VIC.
Last week REIV sales were 1135 total
This week REIV sales were 1116 total

Looks to me like first home buyers are the ONLY ones buying:eek:.........not what I'd call a healthy market........weren't FHB only about 20% of the overall market

cheers
 
hello,

great suggestion Trainspotter on my next visit (next week) i will sort it out for them

i might see if I can access my Melbourne University account and some how get that running at the parent's place

thankyou
professor robots

Excellent news ... will also help you relieve some pressure from "post" bandwidth depression ! :D
 
87% what does that translate into numbers of FHB's who will go down the gurgler in the next 18 months. hahahahaha your way out of that one:(

Wouldn't take much for the bubble to burst when rates increase. Debt Servicabilty Ratio increase to above 33% of general household income and REPOMAN comes into play. Especially when Kruddy 747 is belting us with a big stick telling us that things are gonna get worse. Oh yeah, got the new house so need the new car sapping $500 a month in repayments. What's that ? YOUR'E PREGNANT? But we got this loan on TWO incomes. How can we survive just on my income alone?

Mortgage repossessions - Record Number of Repossessions in WA WACOSS 30th June 2009 Press Release

“The record number of property repossessions recorded in 2008-09 shows that WA households are struggling to keep up with their mortgages as unemployment begins to grow”, said Sue Ash, CEO of the Western Australian Council of Social Service. Figures released today by the Supreme Court of Western Australia show that 1336 property possession applications were made to the court in 2008-09. This is nearly double the 686 recorded in 2007-08, which was itself the highest number on record. 361applications were made between April and June of 2009.

“The number of unemployed people in WA has more than doubled in only eight months, increasing from 28 000 in October 2008 to 60 000 in May 2009. This sudden spike in unemployment is clearly having an effect on some West Australians’ ability to pay their mortgage”, said Ms Ash.

OOOOOOOOOOOPSSSSSSSSS ... fetch me my umbrella ... no sunshine here.
 
Excellent news ... will also help you relieve some pressure from "post" bandwidth depression ! :D

hello,

bloody hell i have another illness, aDd, bi-polar, schizzoid and now "post" bandwidth depression

oh well, just get on with it i guess

thankyou
professor robots
 
hello,

bloody hell i have another illness, aDd, bi-polar, schizzoid and now "post" bandwidth depression

oh well, just get on with it i guess

thankyou
professor robots

Go robi, you can do it. Only two months to go!!!:p:
 
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