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It beggars that anyone thinks Aussie house prices can hold up when the China bubble collapses. This thing is a ticking time bomb!
So the Chinese picture is not all rosy. It has some major problems to deal with in the future. Banking on a continued endless boom may be unwise. This coming year China will attempt to continue maintaining high levels of investment in construction, despite the inflationary effects on basics like food. How long they can continue this for is anyone's guess?
But just remember what happened to the "let them eat cake" French aristocracy, and you can see the problems China has. We live in interesting times.
Your view of China is very simple... wait till March and the new five year plan, the rumors are that it contains some surprises for those that think China is export dependent.
I love this stat... 95% of Chinas billionaires have made it on the local market... no export! They have internal momentum and a billion people... this is not a bubble, it is very different in the detail to what has gone on here and in the western world. Sure they will have up and downs but to suggest it will pop in a bubble type dynamic is missing the point of what is happening across Asia.
Anyway, I don't think Oz property needs a China bust to hit a pot hole.
Yes it has been a bit quite around here. I don't think the perma bulls have had much to talk about. I reckon this quarter’s prices may come in pretty soft. It'll be interesting to see if REIV can manipulate the data enough to produce a calendar year profit.Has anyone worked out an estimate of the clearance rate for last weekend.
Seems very quiet around here.
Your view of China is very simple... wait till March and the new five year plan, the rumors are that it contains some surprises for those that think China is export dependent.
I love this stat... 95% of Chinas billionaires have made it on the local market... no export! They have internal momentum and a billion people... this is not a bubble, it is very different in the detail to what has gone on here and in the western world. Sure they will have up and downs but to suggest it will pop in a bubble type dynamic is missing the point of what is happening across Asia.
What the hell has this got to do with the Property Forum?Wishing you all a Merry Christmas and a properous new year......
might be time for some of you to take a break, and to get out and smell the roses.....
this spending time in the country retreat is doing my head in.... I have no time for blogging, and arguing the point on these sites anymore....
I have some visitors, a pair of grey fantails, nesting in a neighbour's tree, but spending a lot of time in my patch....I had never noticed them before in my life.....but they have my attention now....they are from the willie wagtail family, they damn well attack you, flying very close to within inches.....to scare you away from their nest....
Am spending less time in the backyard now, but have taken up the bird watching from the safety of behind the glass doors in the living room.
They feed on flying insects, and I have noticed (first time in my life) the abundance of tiny flying insects that congregate around the various trees of the neighbours yard, and more so the native frangipani in my backyard.
They are tinier than finches, they do these amazing aerobics, put on an interesting display, and they spend a lot of time watching us. They are inquisitive and can be quite friendly...so am not always sure if they are attacking, or just feeding....
arghh....I dont have time for bird watching......but these birds spend a load of time watching me....
living in the city, guess I lost track of nature
since the rains, and now floods, I have sighted crickets...and other insects, that I have not seen for over 20 or more years....
have a look at these tiny birds here...
http://birdsinbackyards.net/species/Rhipidura-fuliginosa
see what I mean about doing my head in......
hope you all have a wonderful time, and do something different, like take a closer look at nature, all creatures great and small.....
cheers
What the hell has this got to do with the Property Forum?
Google is your friend, try posting in the Hippy Haven Forum.
Thank You
This made me laugh very hard.
I thought my post was as relevant as anything I have read on this thread over the past 3 years.....
all that opinion about prices crashing, dodgy agents, dodgy information from certain sites......conspiracy theories......
in the meantime ...................
snappy snarlies barking....
like I said....try to smell the roses or something
cheers
What the hell has this got to do with the Property Forum?
Google is your friend, try posting in the Hippy Haven Forum.
Thank You
I thought my post was as relevant as anything I have read on this thread over the past 3 years.....
all that opinion about prices crashing, dodgy agents, dodgy information from certain sites......conspiracy theories......
in the meantime ...................
snappy snarlies barking....
like I said....try to smell the roses or something
cheers
Re: The future of Australian property prices
Quote Originally Posted by explod View Post
Has anyone worked out an estimate of the clearance rate for last weekend.
Seems very quiet around here.
Yes it has been a bit quite around here. I don't think the perma bulls have had much to talk about. I reckon this quarter’s prices may come in pretty soft. It'll be interesting to see if REIV can manipulate the data enough to produce a calendar year profit.
hello,
hehehehehehehe, oh yeah lets hear about China Us Uk Spain Italy Portugal instead
listen i am going to spell this out again for everybody, the thread is about Australian Property, clear, any post and poster deviating from the title will be treated accordingly
i know we will probably loose heaps of posters but OH WELL, its got well out of hand
its tuff but plenty of other forums around to talk about doom and gloom in bloggosphere,
ps. dont mention police corruption
thankyou
professor robots
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