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House Prices on the move... UP! (Read 14049 times)
longweekend58
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Re: House Prices on the move... UP!
Reply #15 - Feb 12th, 2013 at 10:49am
 
Carl D wrote on Feb 12th, 2013 at 10:36am:
Well, Longy. You'll have to excuse me but I do have a personal axe to grind here.

In December 2008, my 80 year old aunt and I (I was 51 at the time) were private renting (at $215 a week).

We had a call from the landlord saying he was going to increase the rent to $300-$350 a week.

The reason? A scumbag real estate agent was trying to get him to sell (again) and when he said "no", the estate agent asked how much rent he was getting and when the landlord said "$215 a week" the agent said "Oh, you should be getting a lot more than that" (because every other landlord in the area was, apparently).

And, by the way... the place had been paid off for years.

We managed to get the landlord to settle for $300 a week but the message basically was: "If you can't pay it then you're out on the street". Nice. Especially for an 80 year old lady.

We applied for public housing the next day and, fortunately, we only had to wait two and a half years (got it in mid 2011). Fortunate because the landlord was about to sell the place anyway (because his 'financial advisor' advised him to). And, the rent was still $300 a week when we moved out but he was planning to increase it to $400+ if he hadn't sold.



so why at 80 had she not already bought and paid for her own home? if u take the advice of the lieks of stupid-nail or pansi then you will rent all the time and end up like your aunt. If you take more traditional advice and buy a home when you are younger then when you are old you dont need to rent at all and you can even reverse mortgage or downsize and enjoy the cash.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: House Prices on the move... UP!
Reply #16 - Feb 12th, 2013 at 10:50am
 
longweekend58 wrote on Feb 12th, 2013 at 10:46am:
Sir lastnail wrote on Feb 12th, 2013 at 10:18am:
longweekend58 wrote on Feb 12th, 2013 at 9:53am:
http://www.abs.gov.au/ausstats/abs@.nsf/mf/6416.0

despite the regular prognosticators or doom, gloom and housing crashes, the market has recovered from its small slump and is back onthe move - UP.

It is also worth noting that the ABS stats mirror very closely those of the Real Estate Insitiute which are so often maligned on here.


Bubble bubble toil of trouble !!

You know they are in trouble when the scumbag real estate institute have to go on national news to spruik up their auctions. If it's going so well why do they have to do this Grin Grin

and who's buying anyway ? the average battler can't afford their overpriced rubbish.


you cant read, can you? the ABS say that the prices are going up and thet they are selling...


this is usually where you find a few examples that arent selling or losing price while ignoring everyone else.


so why aren't you buying if prices always go up ? what's your excuse now ? Surely it must be easier than running your own business ? Grin Grin
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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longweekend58
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Re: House Prices on the move... UP!
Reply #17 - Feb 12th, 2013 at 10:51am
 
Sir lastnail wrote on Feb 12th, 2013 at 10:48am:
Carl D wrote on Feb 12th, 2013 at 10:36am:
Well, Longy. You'll have to excuse me but I do have a personal axe to grind here.

In December 2008, my 80 year old aunt and I (I was 51 at the time) were private renting (at $215 a week).

We had a call from the landlord saying he was going to increase the rent to $300-$350 a week.

The reason? A scumbag real estate agent was trying to get him to sell (again) and when he said "no", the estate agent asked how much rent he was getting and when the landlord said "$215 a week" the agent said "Oh, you should be getting a lot more than that" (because every other landlord in the area was, apparently).

And, by the way... the place had been paid off for years.

We managed to get the landlord to settle for $300 a week but the message basically was: "If you can't pay it then you're out on the street". Nice. Especially for an 80 year old lady.

We applied for public housing the next day and, fortunately, we only had to wait two and a half years (got it in mid 2011). Fortunate because the landlord was about to sell the place anyway (because his 'financial advisor' advised him to). And, the rent was still $300 a week when we moved out but he was planning to increase it to $400+ if he hadn't sold.



And then they tell us that all of this corporate welfare in the form of negative gearing tax concessions on property creates lots of low cost rental property for the benefits of renters when the main priority is some scumbag making a quick buck flipping properties. Go figure !!

And when Ken Henry told labor to ditch negative gearing on properties which would contribute an extra 4-5 billion in uncollected taxes labor didn't blink an eye !!

Who really are the corporate criminals here ?




the whole point of this thread, losernail, is to remind you how yet another of your predictions has failed. the 40% price crash you have predicted and pansi's 75% crash ended up being a ~7% price correction followed by more increases at approx the CPI.

you are wrong yet again. nothing new.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: House Prices on the move... UP!
Reply #18 - Feb 12th, 2013 at 11:03am
 
longweekend58 wrote on Feb 12th, 2013 at 10:51am:
Sir lastnail wrote on Feb 12th, 2013 at 10:48am:
Carl D wrote on Feb 12th, 2013 at 10:36am:
Well, Longy. You'll have to excuse me but I do have a personal axe to grind here.

In December 2008, my 80 year old aunt and I (I was 51 at the time) were private renting (at $215 a week).

We had a call from the landlord saying he was going to increase the rent to $300-$350 a week.

The reason? A scumbag real estate agent was trying to get him to sell (again) and when he said "no", the estate agent asked how much rent he was getting and when the landlord said "$215 a week" the agent said "Oh, you should be getting a lot more than that" (because every other landlord in the area was, apparently).

And, by the way... the place had been paid off for years.

We managed to get the landlord to settle for $300 a week but the message basically was: "If you can't pay it then you're out on the street". Nice. Especially for an 80 year old lady.

We applied for public housing the next day and, fortunately, we only had to wait two and a half years (got it in mid 2011). Fortunate because the landlord was about to sell the place anyway (because his 'financial advisor' advised him to). And, the rent was still $300 a week when we moved out but he was planning to increase it to $400+ if he hadn't sold.



And then they tell us that all of this corporate welfare in the form of negative gearing tax concessions on property creates lots of low cost rental property for the benefits of renters when the main priority is some scumbag making a quick buck flipping properties. Go figure !!

And when Ken Henry told labor to ditch negative gearing on properties which would contribute an extra 4-5 billion in uncollected taxes labor didn't blink an eye !!

Who really are the corporate criminals here ?




the whole point of this thread, losernail, is to remind you how yet another of your predictions has failed. the 40% price crash you have predicted and pansi's 75% crash ended up being a ~7% price correction followed by more increases at approx the CPI.

you are wrong yet again. nothing new.


there is no point to any of your threads except strawman arguments.

all your whole argument is based on some bullshit ABS rubbery figures that always gives us 5% unemployment when a lot of areas have 20% or more !!

if like you say that my predictions have failed and that house prices never go down in australia then why aren't you buying them up and making an easy profit ?

why are you running a business when you could be flipping properties and making easy money ?
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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longweekend58
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Re: House Prices on the move... UP!
Reply #19 - Feb 12th, 2013 at 11:05am
 
Sir lastnail wrote on Feb 12th, 2013 at 11:03am:
longweekend58 wrote on Feb 12th, 2013 at 10:51am:
Sir lastnail wrote on Feb 12th, 2013 at 10:48am:
Carl D wrote on Feb 12th, 2013 at 10:36am:
Well, Longy. You'll have to excuse me but I do have a personal axe to grind here.

In December 2008, my 80 year old aunt and I (I was 51 at the time) were private renting (at $215 a week).

We had a call from the landlord saying he was going to increase the rent to $300-$350 a week.

The reason? A scumbag real estate agent was trying to get him to sell (again) and when he said "no", the estate agent asked how much rent he was getting and when the landlord said "$215 a week" the agent said "Oh, you should be getting a lot more than that" (because every other landlord in the area was, apparently).

And, by the way... the place had been paid off for years.

We managed to get the landlord to settle for $300 a week but the message basically was: "If you can't pay it then you're out on the street". Nice. Especially for an 80 year old lady.

We applied for public housing the next day and, fortunately, we only had to wait two and a half years (got it in mid 2011). Fortunate because the landlord was about to sell the place anyway (because his 'financial advisor' advised him to). And, the rent was still $300 a week when we moved out but he was planning to increase it to $400+ if he hadn't sold.



And then they tell us that all of this corporate welfare in the form of negative gearing tax concessions on property creates lots of low cost rental property for the benefits of renters when the main priority is some scumbag making a quick buck flipping properties. Go figure !!

And when Ken Henry told labor to ditch negative gearing on properties which would contribute an extra 4-5 billion in uncollected taxes labor didn't blink an eye !!

Who really are the corporate criminals here ?




the whole point of this thread, losernail, is to remind you how yet another of your predictions has failed. the 40% price crash you have predicted and pansi's 75% crash ended up being a ~7% price correction followed by more increases at approx the CPI.

you are wrong yet again. nothing new.


based on some bullshit ABS rubbery figures that always gives us 5% unemployment when a lot of areas have 20% or more !!

if like you say that my predictions have failed and that house prices never go down in australia then why aren't you buying them up and making an easy profit ?

why are you running a business when you could be flipping properties and making easy money ?


how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.

You do realise that the ABS has the ACTUAL SALES figures, dont you? UNlike you, they arent iminaging the results or making them up.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: House Prices on the move... UP!
Reply #20 - Feb 12th, 2013 at 11:08am
 
longweekend58 wrote on Feb 12th, 2013 at 11:05am:
how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.


so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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longweekend58
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Re: House Prices on the move... UP!
Reply #21 - Feb 12th, 2013 at 12:08pm
 
Sir lastnail wrote on Feb 12th, 2013 at 11:08am:
longweekend58 wrote on Feb 12th, 2013 at 11:05am:
how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.


so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?


ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Sir lastnail
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Re: House Prices on the move... UP!
Reply #22 - Feb 12th, 2013 at 12:17pm
 
longweekend58 wrote on Feb 12th, 2013 at 12:08pm:
Sir lastnail wrote on Feb 12th, 2013 at 11:08am:
longweekend58 wrote on Feb 12th, 2013 at 11:05am:
how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.


so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?


ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.


all because the ABS says so Grin Grin

so why aren't you buying dickhead ?

surely you can't lose Grin Grin Grin
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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longweekend58
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Re: House Prices on the move... UP!
Reply #23 - Feb 12th, 2013 at 1:42pm
 
Sir lastnail wrote on Feb 12th, 2013 at 12:17pm:
longweekend58 wrote on Feb 12th, 2013 at 12:08pm:
Sir lastnail wrote on Feb 12th, 2013 at 11:08am:
longweekend58 wrote on Feb 12th, 2013 at 11:05am:
how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.


so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?


ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.


all because the ABS says so Grin Grin

so why aren't you buying dickhead ?

surely you can't lose Grin Grin Grin


you dont beleive ANYONE other than your self.

probably explains your perpetual life failure.
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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."
 
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Bobby.
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Re: House Prices on the move... UP!
Reply #24 - Feb 12th, 2013 at 1:49pm
 
Longweekend,
Quote:
you don't believe ANYONE other than your self.

probably explains your perpetual life failure.


Longweekend,
Nail is a successful international businessman with a university degree who drives a luxury car -
that's more than can be said of you.
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John Smith
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Re: House Prices on the move... UP!
Reply #25 - Feb 12th, 2013 at 1:55pm
 
Carl D wrote on Feb 12th, 2013 at 10:36am:
Well, Longy. You'll have to excuse me but I do have a personal axe to grind here.

In December 2008, my 80 year old aunt and I (I was 51 at the time) were private renting (at $215 a week).

We had a call from the landlord saying he was going to increase the rent to $300-$350 a week.

The reason? A scumbag real estate agent was trying to get him to sell (again) and when he said "no", the estate agent asked how much rent he was getting and when the landlord said "$215 a week" the agent said "Oh, you should be getting a lot more than that" (because every other landlord in the area was, apparently).

And, by the way... the place had been paid off for years.

We managed to get the landlord to settle for $300 a week but the message basically was: "If you can't pay it then you're out on the street". Nice. Especially for an 80 year old lady.

We applied for public housing the next day and, fortunately, we only had to wait two and a half years (got it in mid 2011). Fortunate because the landlord was about to sell the place anyway (because his 'financial advisor' advised him to). And, the rent was still $300 a week when we moved out but he was planning to increase it to $400+ if he hadn't sold.



and the fact that you agreed to $300 per week is proof that the market would meet that price and the agent advising them told them the right thing. Should your landlord be forced to pay because his tenant is 80yrs old? Since you are 55yrs old will you subsidise my 3 yr old? Your autie (without meaning to sound disrespectful) should have considered her rental situation when she was 30 or 40 .... not wait until 80 then say I cannot afford it. I have two tenants who just in the last month have bought a house because they are planning for when they retire in 20 or 30 yrs.

I doubt you really know if your landlord had the property paid off or the state of his finances, and you shouldn't assume that because he's had the house for a period of time, it is paid for. He may have mortgaged it to buy another property or to give to the salvo's ..... I'm sure he doesn't run his affairs by you.

The harsh reality is most elderly cannot afford to rent in the more popular areas, and need to move to lessor appealing areas or retirement vilalges, or as you did, dept. of housing (you were very lucky you only waited 2.5yrs). It is not up to landlords to subsidise for those that cannot afford ... thats govt.s job.
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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John Smith
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Re: House Prices on the move... UP!
Reply #26 - Feb 12th, 2013 at 1:56pm
 
Sir lastnail wrote on Feb 12th, 2013 at 12:17pm:
longweekend58 wrote on Feb 12th, 2013 at 12:08pm:
Sir lastnail wrote on Feb 12th, 2013 at 11:08am:
longweekend58 wrote on Feb 12th, 2013 at 11:05am:
how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.


so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?


ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.


all because the ABS says so Grin Grin

so why aren't you buying dickhead ?

surely you can't lose Grin Grin Grin


it's not just ABS ... the average figures are going up for everyone.
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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aquascoot
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Re: House Prices on the move... UP!
Reply #27 - Feb 12th, 2013 at 2:04pm
 
Carl D wrote on Feb 12th, 2013 at 10:36am:
Well, Longy. You'll have to excuse me but I do have a personal axe to grind here.

In December 2008, my 80 year old aunt and I (I was 51 at the time) were private renting (at $215 a week).

We had a call from the landlord saying he was going to increase the rent to $300-$350 a week.

The reason? A scumbag real estate agent was trying to get him to sell (again) and when he said "no", the estate agent asked how much rent he was getting and when the landlord said "$215 a week" the agent said "Oh, you should be getting a lot more than that" (because every other landlord in the area was, apparently).

And, by the way... the place had been paid off for years.

We managed to get the landlord to settle for $300 a week but the message basically was: "If you can't pay it then you're out on the street". Nice. Especially for an 80 year old lady.

We applied for public housing the next day and, fortunately, we only had to wait two and a half years (got it in mid 2011). Fortunate because the landlord was about to sell the place anyway (because his 'financial advisor' advised him to). And, the rent was still $300 a week when we moved out but he was planning to increase it to $400+ if he hadn't sold.



Carl D  , 10 posts and you're already calling him longy.  please identify yourself Cheesy Cheesy Cheesy Cheesy
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Bobby.
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Re: House Prices on the move... UP!
Reply #28 - Feb 12th, 2013 at 2:06pm
 
John Smith,
Quote:
It is not up to landlords to subsidise for those that cannot afford ... that's govt.s job.



It's actually the landlords who have to increase rent to pay the tax on the income they get for rents.

The Federal Government's high taxes have caused rents to increase.
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Sir lastnail
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Re: House Prices on the move... UP!
Reply #29 - Feb 12th, 2013 at 2:18pm
 
longweekend58 wrote on Feb 12th, 2013 at 1:42pm:
Sir lastnail wrote on Feb 12th, 2013 at 12:17pm:
longweekend58 wrote on Feb 12th, 2013 at 12:08pm:
Sir lastnail wrote on Feb 12th, 2013 at 11:08am:
longweekend58 wrote on Feb 12th, 2013 at 11:05am:
how predictable... now you say the ABS are wrong because they disagree with YOU. It's a bit hard to take anything you say seriously with that approach.


so why aren't you buying when according to you, property prices always rise in australia ?

How come you always knock back a great opportunity to make some easy money flipping properties ?

How come ?


ah.. poor old deflecto-nail. couldnt address a topic if he life depended on it.


all because the ABS says so Grin Grin

so why aren't you buying dickhead ?

surely you can't lose Grin Grin Grin


you dont beleive ANYONE other than your self.

probably explains your perpetual life failure.


says he who borrows against his own home and risks it on a hair brained business venture but won't take his own financial advice and buy property which apparently you can't lose on. Go figure !!
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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.
 
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