House prices to keep rising for years

[theasxgorilla]

I saw them on the News, reminds me why Im not so keen on catching a taxi when in Melbourne, looked like Osamas Jihad brigade, was waiting for them to whip out the AK47's.

I think that's a bit bigoted Numpty. Feel free to think what you like, but on the forum please be more discerning of what you share with the rest of us.

 

[numbercruncher]

I think that's a bit bigoted Numpty. Feel free to think what you like, but on the forum please be more discerning of what you share with the rest of us.

You didnt see the article they were half naked beating there chests and chanting in public like vile beasts. It was very UnAustralian.

But seen as your sensitive to such issues ill refrain as long as you refrain from childish name calling as ive requested before on more than one occasion. Some moderaters on forums i visit would view childish name calling as baiting.

 

[wayneL]

You didnt see the article they were half naked beating there chests and chanting in public like vile beasts. It was very UnAustralian.

What Article?

What has that (whatever or whoever you're referring to) got to do with taxi drivers?

How does a persons ethnic dress imply that they are terrorists?

Finally, you've never seen half naked Aussies behaving badly in public?

 

[explod]

You didnt see the article they were half naked beating there chests and chanting in public like vile beasts. It was very UnAustralian.

But seen as your sensitive to such issues ill refrain as long as you refrain from childish name calling as ive requested before on more than one occasion. Some moderaters on forums i visit would view childish name calling as baiting.

There was no immodesty in the behaviour. A demonstration for a very serious situation for them.

At least they wernt' smashing and upturning cars as do some demonstrators.

The Taxi drivers have been trying very hard for years to have something done and a few hairy chests, if it has done some good, is not a problem..

A long way off topic, but............... I suppose one could live in a disused taxi if it got very bad

 

[numbercruncher]

What Article?

What has that (whatever or whoever you're referring to) got to do with taxi drivers?

How does a persons ethnic dress imply that they are terrorists?

Finally, you've never seen half naked Aussies behaving badly in public?

They were Taxi Drivers on strike or something.

It was on T.V and for the record they didnt have any ethnic dresses on and I never said they where Terrorists, I said they looked like Osamas Jihad brigade, because they did, long beards , no tops on in the middle of the street beating cheasts chanting something I couldnt understand.

But I see a casual jestful observation has been found offensive by some, and If so I apologise.

And Finally I assume these guys where Aussies or they wouldnt or shouldnt be driving taxis here, so yes Ive seen Aussies behaving many times, Including last night on the TV.

 

[theasxgorilla]

But I see a casual jestful observation has been found offensive by some, and If so I apologise.

And Finally I assume these guys where Aussies or they wouldnt or shouldnt be driving taxis here, so yes Ive seen Aussies behaving many times, Including last night on the TV.

Aussie Stock Forums is an international community. We don't promote nationalistic or racist discussions.

So you know, for the future, it's possible for a person to be a resident of Australia, to have an Australian drivers license, and to earn income driving a taxi. One does not have to be an Australian national.

 

[theasxgorilla]

A long way off topic, but............... I suppose one could live in a disused taxi if it got very bad

Do you know what those taxi license plates cost? Even without house prices severely corrected I still reckon you'll find somewhere to live that comes in under the cost of a taxi license.

Thanks for getting us back on topic BTW

 

[Kimosabi]

I saw them on the News, reminds me why Im not so keen on catching a taxi when in Melbourne, looked like Osamas Jihad brigade, was waiting for them to whip out the AK47's.

Good on them.

It was the best example of how to get your point across and not get f^cked around by the dipsh1t politicians I've ever seen.

 

[numbercruncher]

Yes good on them, they got the Requested security screens from the Victorian Government, would of thought it should be a employer supplied accessory rather than tax payer funded, but oh well. If I was driving taxis I would of installed my own on the first shift, sort of the same as providing your own steel caps when on building sites, safety is personal responibility.

 

[Kimosabi]

Yes good on them, they got the Requested security screens from the Victorian Government, would of thought it should be a employer supplied accessory rather than tax payer funded, but oh well. If I was driving taxis I would of installed my own on the first shift, sort of the same as providing your own steel caps when on building sites, safety is personal responibility.

These heard these new screens are being supplied by Bigot Proof Industries...

 

[numbercruncher]

These heard these new screens are being supplied by Bigot Proof Industries...

Thats nice Kimo, where are they made ?

 

[CAFA1234]

These heard these new screens are being supplied by Bigot Proof Industries...

Now, what was this tread all about? numbercruncher made an off the cuff comment, silly maybe. but I'm sure most people didn't take it seriously at all.

Lets get back to the topic, and for the others, go get a room.

 

[wayneL]

Now, what was this tread all about? numbercruncher made an off the cuff comment, silly maybe. but I'm sure most people didn't take it seriously at all.

Au contraire. The mod team here takes the code of conduct very seriously.

Meanwhile, housing bears suddenly have a voice over here in Blighty.

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=441054&in_page_id=3

SNIP:

68-year-old Ronson is incredibly negative about the housing market for new homes, particularly outside of London.

'It is very, very tough out there. The Midlands and above is probably 40% to 45% down and I think the London residential market is 20% to 25% down.'

He describes the conditions which led to the property bubble as crazy: 'The lenders were pumping out money, without doing due diligence properly. This was irresponsible. The world has changed and everybody has to realise that.'

He is speaking turnover here rather than prices, but give it time.

 

[CAFA1234]

Whilst poking around on thisismoney.co.uk
http://www.thisismoney.co.uk/mortgages/buy-to-let/article.html?in_article_id=440950&in_page_id=56

This should be warning to anyone still thinking about all those 'I'll make you a millionaire in no time' property seminar

...Inside Track, the company that promised to turn a generation of Britons into 'property millionaires', has gone into administration....

Britain's biggest property investment company made its money encouraging people to purchase - at a supposed discount - strings of new-build flats to rent out: a business model that has faltered in the face of falling property values, below average rents and a mortgage freeze.

Inside Track epitomised the buy-to-let boom of recent years, with high-profile and ambitious advertising for its property seminars that it claimed would lead to riches.
------------------------------------------------

Reminds me of a classic Sydney operation called Wealth Creators or similar. Anyone who is ever tempted to go to a seminar should read this report.

OK, so what has this to do with house prices. Well, this sort of scheme keeps prices up well beyond what they otherwise would be, and when the crunch comes it magnifies the downside.

 

[wayneL]

Whilst poking around on thisismoney.co.uk
http://www.thisismoney.co.uk/mortgages/buy-to-let/article.html?in_article_id=440950&in_page_id=56

This should be warning to anyone still thinking about all those 'I'll make you a millionaire in no time' property seminar

...Inside Track, the company that promised to turn a generation of Britons into 'property millionaires', has gone into administration....

Britain's biggest property investment company made its money encouraging people to purchase - at a supposed discount - strings of new-build flats to rent out: a business model that has faltered in the face of falling property values, below average rents and a mortgage freeze.

Inside Track epitomised the buy-to-let boom of recent years, with high-profile and ambitious advertising for its property seminars that it claimed would lead to riches.
------------------------------------------------

Reminds me of a classic Sydney operation called Wealth Creators or similar. Anyone who is ever tempted to go to a seminar should read this report.

OK, so what has this to do with house prices. Well, this sort of scheme keeps prices up well beyond what they otherwise would be, and when the crunch comes it magnifies the downside.

A lot of folks have been popping bottles of cheap Asti Spumante (They can't afford Moet & Chandon anymore after dealing with this mob). They've been losing clientèle and seminar attendances have been dropping for yonks after heaps of adverse publicity like this:

http://www.guardian.co.uk/money/2008/feb/16/property.houseprices2

And guess how the founder of Inside Track started his business life... a pyramid selling company marketing a Chanel knock-off pefume.

I believe the smart bastid got his money out of I-T a while ago though.

 

[Kauri]

and the press here in Aus will be carrying stories calling for rate cuts as early as Sept... especially after the last building approvals...

Cheers
............Kauri

 

[CAFA1234]

and the press here in Aus will be carrying stories calling for rate cuts as early as Sept... especially after the last building approvals...

Cheers
............Kauri

And....? Sorry, but I'm missing the point.

Is this in reference to another post, some specific information, or media report. Is 'building approvals' for single family dwelling or unit or both, in Wagga Wagga, or Timbuktu. Are they down on the Month or the Year, and how does that compare with historic numbers?

You'll have to forgive a Brit turned Aussie living in the US at times for being a tad dense.

Can you articulate a little more.

 

[Kauri]

And....? Sorry, but I'm missing the point.

Is this in reference to another post, some specific information, or media report. Is 'building approvals' for single family dwelling or unit or both, in Wagga Wagga, or Timbuktu. Are they down on the Month or the Year, and how does that compare with historic numbers?

You'll have to forgive a Brit turned Aussie living in the US at times for being a tad dense.

Can you articulate a little more.

What point have you missed??

 

[Kimosabi]

and the press here in Aus will be carrying stories calling for rate cuts as early as Sept... especially after the last building approvals...

Cheers
............Kauri

I was listening to the radio today, I think it was the ABC(Australian Brainwashing Corporation) and they had some "Real Estate" expert on that was saying the main reason Building Approvals had dropped was because of the heavy rains in Northern Queensland.

I couldn't work What the F^ck heavy rains has to do with building approvals unless they don't have roofs on their offices in Northern Queensland.

 

[CAFA1234]

What point have you missed??

OK, I understand - there is no point.