CanOz
Home runs feel good, but base hits pay bills!
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LOL. Call your broker when you've got some capital!!
CanOz
CanOz
The future of Australian property prices
- Thread starter Joe Blow
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can anyone who follows realestate etfs and stocks tell us how they have been performing over the last 12-18 months?
also looking forward to seeing how that home price index has performed over the next 12 months. lets lock scm in hypothetically short at todays value for melbourne?
also looking forward to seeing how that home price index has performed over the next 12 months. lets lock scm in hypothetically short at todays value for melbourne?
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There are no ETFs for Melbourne, that's why I don't have any positions. There's nothing "hypothetical" here
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There are no ETFs for Melbourne, that's why I don't have any positions. There's nothing "hypothetical" here
Ive just created one for you short at todays value for melbourne get it will be interesting to see how this hypothetical plays out. your welcome to call the exit any time you like. whats todays value for melbourne?
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I don't know, why not simply go for RP Data's monthly price movements to calculate %return?
I will also take as much leverage as you offer.
numbercruncher
Beware of Dropbears
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Seems your already out of the money mr property Permabull
http://www.heraldsun.com.au/business/buyers-market-as-melbourne-house-prices-fall-27-per-cent-in-may/story-fn7j19iv-1226379376932
Hooley Dooley - 2.7pc in one month ! what we in the real world were expecting though -
And unless im living in fairyland I have seen nothing to indicate they will reverse this downward trajectory - even the spectre of nose diving interest rates isnt doing it ....
Happy Investing
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thats what i mean rp data index for melbourne. ill offer you 80%lvr cash (no gold). So whats your total position size?
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Seems your already out of the money mr property Permabull
http://www.heraldsun.com.au/business/buyers-market-as-melbourne-house-prices-fall-27-per-cent-in-may/story-fn7j19iv-1226379376932
Hooley Dooley - 2.7pc in one month ! what we in the real world were expecting though -
And unless im living in fairyland I have seen nothing to indicate they will reverse this downward trajectory - even the spectre of nose diving interest rates isnt doing it ....
Happy Investing
were trading the future not the past!
numbercruncher
Beware of Dropbears
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If you purchased a median Melbourne property a year ago using borrowed money and sold today you would be atleast 100k in the hole .....
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I will take your offer, get your lawyers to write up the contracts, put the money in escrow, you put equal money in as I to cover your lose. $60K leveraged up to $300,000.
Lets go. No hypotheticals, lets make it real.
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my lawyers whats wrong with yours?
numbercruncher
Beware of Dropbears
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Good to see the team at Moody's are keeping it real -
http://www.couriermail.com.au/life/homesproperty/australian-houses-overvalued/story-e6frequ6-1226379360653
http://www.couriermail.com.au/life/homesproperty/australian-houses-overvalued/story-e6frequ6-1226379360653
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you are the one who was offering, but mail me your details and I will have the contract drawn up, do you have the $60K to leave for a period of 3 years, as I will holding the short for some time.
Also what is your max position size, have a few people interested in taking up your offer.
Cheers
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Given it's hypothetical, as big as you can handle.
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No hypothetical, lets make it real or it means jack.
Time to stump up his money or shut up.
Cheers
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That seems like a massive waste of opportunity cost
You want me to commit capital to a market which moves in one month as much as a stockmarket index usually moves in 1-2 days. This is why I always say real estate is a suckers' investment.
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I wonder if there are any professionals out there with opinions of current Melbourne market and future projections?
Robots?
Sunshine and lollipops
MW
Robots?
Sunshine and lollipops
MW
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Yes where is Robots, miss his comments.
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Guess the sky isnt falling after all cheers for clearing that up
satan send my offer to your lawyers and see what they can draw up i stand by every word i posted
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That seems like a massive waste of opportunity cost
You want me to commit capital to a market which moves in one month as much as a stockmarket index usually moves in 1-2 days. This is why I always say real estate is a suckers' investment.
Do it on tick. $1,000/1% move. No money down and seeing as you're so confident it's like cash in the bank for you.
ETA: I just thought of another benefit for you SCM, as it's considered gambling you won't have to pay tax!
