Australian (ASX) Stock Market Forum

House prices to keep rising for years

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Just went to another action on an apartment over a million, it sold but the owner took a hair cut of 18% over a four year period.

Property is not rising in all segments of the markets.

It will be interesting if the under $700K properties see falls in 2010 with the reduction of FHBG and the real possibility of IR rises.

Glorious day in Melbourne today, bring on summer
 
Sorry Robots,

They have a strict door policy, no tradies & no PI's.

Cheers

hello,

checked the website for Prosper Australia

they seem to be missing a speaker, no-one representing real estate!

amazing, do you think they have someone up their sleeve for a big announcement

thankyou
professor robots
 
hello,

checked the website for Prosper Australia

they seem to be missing a speaker, no-one representing real estate!

amazing, do you think they have someone up their sleeve for a big announcement

thankyou
professor robots

hello,

oops, after reading more of the site I released Prosper Australia are about taxing the Wealthy and letting the poor of scott free

no wonder no-one from the RE industry is represented

wiped from the memory

thankyou
professor robots
 
hello,

thankyou, yes good for people to get along to all events

i will be in Mornington from Wednesday, will keep an eye out for next venture

thankyou
professor robots
 
hello,

oops, after reading more of the site I released Prosper Australia are about taxing the Wealthy and letting the poor of scott free

no wonder no-one from the RE industry is represented

wiped from the memory

thankyou
professor robots

Land Value Taxers!!

I cannot believe the heathen think it's a viable system of taxation. Here is the UK's version of the evil heretics. http://www.landvaluetax.org/what-is-lvt/

Pure BS. It can't work. It is unjust.
 
You do not really need evidence that it is boosting prices, all you have to do is look at gearing of the handouts. Now the prices of the houses have been growing at faster than historical values, and this really took off in 2000. So if house quality has not increased at comparable levels, where has the money gone?


Here is some evidence in pictures :
http://www.debtdeflation.com/blogs/

Plus opportunities will come, but, then again you have to believe that prices will fall or stagnate for many years.

The houses today are up to 3 times the size of houses in the past you could drive an old house into someone’s garage. And how about adjusting for inflation. Material price has not dropped during the crash and it was going up like crazy last year. Loose credit restrictions from banks had a lot to do with the price shooting up. Once it locked up in the US, houses prices arsed it.

The last time the govt took away incentives for IP's didn't the public housing waiting list blow out like never before and policy was quickly reversed. Honestly scrapping fhog for new buildings won't affect the market that much for builder imo.
Your logic is flawed something horrid imo, the market will eventually revert for other reasons.
 
hello,

yes. the market may not revert back to "average" 'long term" "4x income"

it could well be on a new path, one never before seen to our eyes, who knows

all i can say is look out for commentary from true visionaries like Grandmaster Robots, Kincella, Beej and a couple of others

thankyou
robots
 
hello,

yes. the market may not revert back to "average" 'long term" "4x income"

it could well be on a new path, one never before seen to our eyes, who knows

all i can say is look out for commentary from true visionaries like Grandmaster Robots, Kincella, Beej and a couple of others

thankyou
robots

Ah yes Robots This time its different! (were have I heard that before and always just before the crash) How far back to get long term average to 4 it was lower than that when I first came to Oz about 3 (but dont know about Sydney)
 
hello,

it sure has been different Joeyr46.

different to the US, UK, Spain, Ethiopia, Zimba, Germany, New Zealand, Sweden, Indonesia, Malyasia etc etc

the only country at g8 not in recession, utopia man

thankyou
professor robots
 
hello,

it sure has been different Joeyr46.

different to the US, UK, Spain, Ethiopia, Zimba, Germany, New Zealand, Sweden, Indonesia, Malyasia etc etc

the only country at g8 not in recession, utopia man

thankyou
professor robots

Only one word neede in reply "YET"
 
The houses today are up to 3 times the size of houses in the past you could drive an old house into someone’s garage. And how about adjusting for inflation. Material price has not dropped during the crash and it was going up like crazy last year. Loose credit restrictions from banks had a lot to do with the price shooting up. Once it locked up in the US, houses prices arsed it.

The last time the govt took away incentives for IP's didn't the public housing waiting list blow out like never before and policy was quickly reversed. Honestly scrapping fhog for new buildings won't affect the market that much for builder imo.
Your logic is flawed something horrid imo, the market will eventually revert for other reasons.

Hence why I made the statement about quality. ie like vs like.

why hasn't material cost dropped??? oh that's right K rudd is subsidising it.

So if my logic is flawed, then why did the government increase the FHBG? or is the government just wasting more money?
 
hello,

no government doing a great job, not wasting any money at all.

putting it all to good use

thankyou
Grandmaster Robots
 
hello,

no government doing a great job, not wasting any money at all.

putting it all to good use

thankyou
Grandmaster Robots

lol

sure

cause the generation who has to pay it back

1. also has to pay the bb for higher house prices
2. won't control the vote
3. will pay higher taxes to pay back your windfall.
 
hello,

good, because I am sick of my taxes going to the bums in society

so if i am paying for them you can pay for my gain

thankyou
grandmaster robots
 
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