Australian Politics Forum - Australias Real Estate Bubble

Baronvonrort

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Re: Australias Real Estate Bubble
Reply #45 - Feb 16^th, 2014 at 9:50pm

Swagman wrote on Feb 16^th, 2014 at 9:43pm:

Frances wrote on Feb 16^th, 2014 at 8:50pm:

The bubble will burst at some time in the next year or two (sooner if Abbott keeps destroying jobs and industries) but I think that the worst that could happen is that prices will drop to about 40% of what they are now, plateau for a while and then recover, but only to about 60-70% of current values. The banks may resist foreclosing until there is some recovery, as if they don't, they probably won't recover all the money they are owed.

Rents may drop a bit too, but to nowhere near the same extent.

Abbott's not destroying jobs and there isn't a property bubble

Supply and demand is why our prices are high there is no bubble.

I cant see house prices or rent dropping, our demand is far greater than the supply.

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Laugh till you cry

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Re: Australias Real Estate Bubble
Reply #46 - Feb 16^th, 2014 at 9:52pm

Baronvonrort wrote on Feb 16^th, 2014 at 9:50pm:

Swagman wrote on Feb 16^th, 2014 at 9:43pm:

Frances wrote on Feb 16^th, 2014 at 8:50pm:

The bubble will burst at some time in the next year or two (sooner if Abbott keeps destroying jobs and industries) but I think that the worst that could happen is that prices will drop to about 40% of what they are now, plateau for a while and then recover, but only to about 60-70% of current values. The banks may resist foreclosing until there is some recovery, as if they don't, they probably won't recover all the money they are owed.

Rents may drop a bit too, but to nowhere near the same extent.

Abbott's not destroying jobs and there isn't a property bubble

Supply and demand is why our prices are high there is no bubble.

I cant see house prices or rent dropping, our demand is far greater than the supply.

Rort darling, may I commend you to complete your elementary education before posting further?

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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: Australias Real Estate Bubble Reply #47 - Feb 16^th, 2014 at 9:57pm Laugh till you cry wrote on Feb 16^th, 2014 at 9:52pm: Rort darling, may I commend you to complete your elementary education before posting further? Ditto to you.....
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Laugh till you cry Gold Member Offline Posts: 16619 In your happy place Gender:	Re: Australias Real Estate Bubble Reply #48 - Feb 16^th, 2014 at 9:59pm Swagman wrote on Feb 16^th, 2014 at 9:57pm: Laugh till you cry wrote on Feb 16^th, 2014 at 9:52pm: Rort darling, may I commend you to complete your elementary education before posting further? Ditto to you..... Aha! You have exposed yourself as Vanrort.
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John Smith

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Re: Australias Real Estate Bubble
Reply #49 - Feb 16^th, 2014 at 10:00pm

Laugh till you cry wrote on Feb 16^th, 2014 at 5:55pm:

John Smith wrote on Feb 16^th, 2014 at 5:51pm:

Sir lastnail wrote on Feb 15^th, 2014 at 10:45pm:

John Smith wrote on Feb 15^th, 2014 at 10:15pm:

Sir lastnail wrote on Feb 15^th, 2014 at 9:45pm:

it_is_the_light wrote on Feb 15^th, 2014 at 4:28pm:

many blessings ,

there is no real estate

it is an illusion for you will never own any real estate

landless peasants ...

you will pay an annual duty or rates ...

if you do not pay these rates your house

will be taken from you

and as such you never own the real estate

so in fact , and consequently it is false estate

it is not real at all ..

many dupes believe it real and try to convince you

while you pay your rates , forever

yet the love within your heart is real

and so it is

in divine light

namaste

- : ) =

ॐ

just to add to that you only really have land rights over your land to about 1 meter in depth. Below that the government has the ownership allowing a mining company to stake its claim Sad

that sort of twisted logic also means you have also never own cars, motorbikes, boats or anything else you pay an annual fee to use Cheesy

the government doesn't give a sh.t about your ownership of consumables. What is important is the usage and not the ownership for which you are legally obliged to pay.

and light is correct. Try and not pay your rates for a few years and see how long you own your house Wink

o light is wrong ... I own my house, the rates are simply a service fee that comes with owning a house, much like owning a car means you pay rego.

It's not a service fee. It's a tax related to the value of the property.

Service is incidental and not guaranteed.

I disagree , you pay rates so that you can get your garbage removed, roads to your house maintained and streetlight etc repaired when they go down. However I'm not to fussed if you want to call it a tax, ultimately it's a bill that you pay for services rendered.

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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: Australias Real Estate Bubble
Reply #50 - Feb 16^th, 2014 at 10:03pm

Sir lastnail wrote on Feb 16^th, 2014 at 8:41pm:

isn't that what you parasites want and then on the other hand you don't want people to rent your dumps. Go figure !!

No, I've never advocated renting long term .... I believe renting should alwyas be a short term proposition ... it's better for me if ýou rent long term, and I may as well take your money if thats how you feel, but no, I don't want anyone to rent long term.

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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: Australias Real Estate Bubble
Reply #51 - Feb 16^th, 2014 at 10:03pm

Baronvonrort wrote on Feb 16^th, 2014 at 9:50pm:

Swagman wrote on Feb 16^th, 2014 at 9:43pm:

Frances wrote on Feb 16^th, 2014 at 8:50pm:

The bubble will burst at some time in the next year or two (sooner if Abbott keeps destroying jobs and industries) but I think that the worst that could happen is that prices will drop to about 40% of what they are now, plateau for a while and then recover, but only to about 60-70% of current values. The banks may resist foreclosing until there is some recovery, as if they don't, they probably won't recover all the money they are owed.

Rents may drop a bit too, but to nowhere near the same extent.

Abbott's not destroying jobs and there isn't a property bubble

Supply and demand is why our prices are high there is no bubble.

I cant see house prices or rent dropping, our demand is far greater than the supply.

and that about sums it up .....

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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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Baronvonrort

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Re: Australias Real Estate Bubble
Reply #52 - Feb 16^th, 2014 at 10:04pm

Laugh till you cry wrote on Feb 16^th, 2014 at 9:52pm:

Baronvonrort wrote on Feb 16^th, 2014 at 9:50pm:

Swagman wrote on Feb 16^th, 2014 at 9:43pm:

Frances wrote on Feb 16^th, 2014 at 8:50pm:

The bubble will burst at some time in the next year or two (sooner if Abbott keeps destroying jobs and industries) but I think that the worst that could happen is that prices will drop to about 40% of what they are now, plateau for a while and then recover, but only to about 60-70% of current values. The banks may resist foreclosing until there is some recovery, as if they don't, they probably won't recover all the money they are owed.

Rents may drop a bit too, but to nowhere near the same extent.

Abbott's not destroying jobs and there isn't a property bubble

Supply and demand is why our prices are high there is no bubble.

I cant see house prices or rent dropping, our demand is far greater than the supply.

Rort darling, may I commend you to complete your elementary education before posting further?

You have one American saying we have a bubble,everyone else is predicting property values to rise, houses are being sold they are not being passed in.

Does that American make a living from people reading his garbage?

Unlike the USA our banks will not lend you money if you do not have the means to repay the loan.

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Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

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Laugh till you cry

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Re: Australias Real Estate Bubble
Reply #53 - Feb 16^th, 2014 at 10:04pm

John Smith wrote on Feb 16^th, 2014 at 10:00pm:

Laugh till you cry wrote on Feb 16^th, 2014 at 5:55pm:

John Smith wrote on Feb 16^th, 2014 at 5:51pm:

Sir lastnail wrote on Feb 15^th, 2014 at 10:45pm:

John Smith wrote on Feb 15^th, 2014 at 10:15pm:

Sir lastnail wrote on Feb 15^th, 2014 at 9:45pm:

it_is_the_light wrote on Feb 15^th, 2014 at 4:28pm:

many blessings ,

there is no real estate

it is an illusion for you will never own any real estate

landless peasants ...

you will pay an annual duty or rates ...

if you do not pay these rates your house

will be taken from you

and as such you never own the real estate

so in fact , and consequently it is false estate

it is not real at all ..

many dupes believe it real and try to convince you

while you pay your rates , forever

yet the love within your heart is real

and so it is

in divine light

namaste

- : ) =

ॐ

just to add to that you only really have land rights over your land to about 1 meter in depth. Below that the government has the ownership allowing a mining company to stake its claim Sad

that sort of twisted logic also means you have also never own cars, motorbikes, boats or anything else you pay an annual fee to use Cheesy

the government doesn't give a sh.t about your ownership of consumables. What is important is the usage and not the ownership for which you are legally obliged to pay.

and light is correct. Try and not pay your rates for a few years and see how long you own your house Wink

o light is wrong ... I own my house, the rates are simply a service fee that comes with owning a house, much like owning a car means you pay rego.

It's not a service fee. It's a tax related to the value of the property.

Service is incidental and not guaranteed.

I disagree , you pay rates so that you can get your garbage removed, roads to your house maintained and streetlight etc repaired when they go down. However I'm not to fussed if you want to call it a tax, ultimately it's a bill that you pay for services rendered.

Can one request a refund if no lights needed fixing, no roads needed repairing and no garbage was collected because residents were absent?

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Please don't thank me. Effusive fawning and obeisance of disciples, mendicants, and foot-kissers embarrass me.

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John Smith

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Re: Australias Real Estate Bubble
Reply #54 - Feb 16^th, 2014 at 10:06pm

Laugh till you cry wrote on Feb 16^th, 2014 at 10:04pm:

John Smith wrote on Feb 16^th, 2014 at 10:00pm:

Laugh till you cry wrote on Feb 16^th, 2014 at 5:55pm:

John Smith wrote on Feb 16^th, 2014 at 5:51pm:

Sir lastnail wrote on Feb 15^th, 2014 at 10:45pm:

John Smith wrote on Feb 15^th, 2014 at 10:15pm:

Sir lastnail wrote on Feb 15^th, 2014 at 9:45pm:

it_is_the_light wrote on Feb 15^th, 2014 at 4:28pm:

many blessings ,

there is no real estate

it is an illusion for you will never own any real estate

landless peasants ...

you will pay an annual duty or rates ...

if you do not pay these rates your house

will be taken from you

and as such you never own the real estate

so in fact , and consequently it is false estate

it is not real at all ..

many dupes believe it real and try to convince you

while you pay your rates , forever

yet the love within your heart is real

and so it is

in divine light

namaste

- : ) =

ॐ

just to add to that you only really have land rights over your land to about 1 meter in depth. Below that the government has the ownership allowing a mining company to stake its claim Sad

that sort of twisted logic also means you have also never own cars, motorbikes, boats or anything else you pay an annual fee to use Cheesy

the government doesn't give a sh.t about your ownership of consumables. What is important is the usage and not the ownership for which you are legally obliged to pay.

and light is correct. Try and not pay your rates for a few years and see how long you own your house Wink

o light is wrong ... I own my house, the rates are simply a service fee that comes with owning a house, much like owning a car means you pay rego.

It's not a service fee. It's a tax related to the value of the property.

Service is incidental and not guaranteed.

I disagree , you pay rates so that you can get your garbage removed, roads to your house maintained and streetlight etc repaired when they go down. However I'm not to fussed if you want to call it a tax, ultimately it's a bill that you pay for services rendered.

Can one request a refund if no lights needed fixing, no roads needed repairing and no garbage was collected because residents were absent?

the service is provided for the whole community, not just for you, and is the price you pay for living as a member of modern society. You can request a refund if you like, just don't act surprised when they tell you to piss off.

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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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Baronvonrort

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Re: Australias Real Estate Bubble
Reply #55 - Feb 16^th, 2014 at 10:06pm

John Smith wrote on Feb 16^th, 2014 at 10:00pm:

Laugh till you cry wrote on Feb 16^th, 2014 at 5:55pm:

John Smith wrote on Feb 16^th, 2014 at 5:51pm:

Sir lastnail wrote on Feb 15^th, 2014 at 10:45pm:

John Smith wrote on Feb 15^th, 2014 at 10:15pm:

Sir lastnail wrote on Feb 15^th, 2014 at 9:45pm:

it_is_the_light wrote on Feb 15^th, 2014 at 4:28pm:

many blessings ,

there is no real estate

it is an illusion for you will never own any real estate

landless peasants ...

you will pay an annual duty or rates ...

if you do not pay these rates your house

will be taken from you

and as such you never own the real estate

so in fact , and consequently it is false estate

it is not real at all ..

many dupes believe it real and try to convince you

while you pay your rates , forever

yet the love within your heart is real

and so it is

in divine light

namaste

- : ) =

ॐ

just to add to that you only really have land rights over your land to about 1 meter in depth. Below that the government has the ownership allowing a mining company to stake its claim Sad

that sort of twisted logic also means you have also never own cars, motorbikes, boats or anything else you pay an annual fee to use Cheesy

the government doesn't give a sh.t about your ownership of consumables. What is important is the usage and not the ownership for which you are legally obliged to pay.

and light is correct. Try and not pay your rates for a few years and see how long you own your house Wink

o light is wrong ... I own my house, the rates are simply a service fee that comes with owning a house, much like owning a car means you pay rego.

It's not a service fee. It's a tax related to the value of the property.

Service is incidental and not guaranteed.

I disagree , you pay rates so that you can get your garbage removed, roads to your house maintained and streetlight etc repaired when they go down. However I'm not to fussed if you want to call it a tax, ultimately it's a bill that you pay for services rendered.

Council rates also go towards maintaining parks etc, the renters can claim to contribute towards this as they pay the rates for the owners.

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Leftists and the Ayatollahs have a lot in common when it comes to criticism of Islam, they don't tolerate it.

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BatteriesNotIncluded

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people died for this!

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Re: Australias Real Estate Bubble
Reply #56 - Feb 16^th, 2014 at 11:49pm

Baronvonrort wrote on Feb 16^th, 2014 at 9:50pm:

Swagman wrote on Feb 16^th, 2014 at 9:43pm:

Frances wrote on Feb 16^th, 2014 at 8:50pm:

The bubble will burst at some time in the next year or two (sooner if Abbott keeps destroying jobs and industries) but I think that the worst that could happen is that prices will drop to about 40% of what they are now, plateau for a while and then recover, but only to about 60-70% of current values. The banks may resist foreclosing until there is some recovery, as if they don't, they probably won't recover all the money they are owed.

Rents may drop a bit too, but to nowhere near the same extent.

Abbott's not destroying jobs and there isn't a property bubble

Supply and demand is why our prices are high there is no bubble.

I cant see house prices or rent dropping,

our demand

is far greater than the supply.

Go globalisation Huh

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*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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BatteriesNotIncluded

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people died for this!

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Re: Australias Real Estate Bubble
Reply #57 - Feb 16^th, 2014 at 11:50pm

John Smith wrote on Feb 16^th, 2014 at 10:03pm:

Baronvonrort wrote on Feb 16^th, 2014 at 9:50pm:

Swagman wrote on Feb 16^th, 2014 at 9:43pm:

Frances wrote on Feb 16^th, 2014 at 8:50pm:

The bubble will burst at some time in the next year or two (sooner if Abbott keeps destroying jobs and industries) but I think that the worst that could happen is that prices will drop to about 40% of what they are now, plateau for a while and then recover, but only to about 60-70% of current values. The banks may resist foreclosing until there is some recovery, as if they don't, they probably won't recover all the money they are owed.

Rents may drop a bit too, but to nowhere near the same extent.

Abbott's not destroying jobs and there isn't a property bubble

Supply and demand is why our prices are high there is no bubble.

I cant see house prices or rent dropping, our demand is far greater than the supply.

and that about sums it up .....

People are buying that don't even live here... Shocked

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*Sure....they're anti competitive as any subsidised job is. It wouldn't be there without the tax payer. Very damned difficult for a brainwashed collectivist to understand that I know.... (swaggy) *

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ian Gold Member Offline OzPolitic Posts: 9451	Re: Australias Real Estate Bubble Reply #58 - Feb 17^th, 2014 at 12:29am For what it is Australian property is generally very cheap. If you factor in lifestyle, we are the cheapest property on the planet. asians arent stupid, thats why they are buying here.
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Sophia

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Re: Australias Real Estate Bubble
Reply #59 - Feb 17^th, 2014 at 12:31am

ian wrote on Feb 17^th, 2014 at 12:29am:

For what it is Australian property is generally very cheap. If you factor in lifestyle, we are the cheapest property on the planet. asians arent stupiud, thats why they are buying here.

And Asians (Japan at least)...I have heard, pay 0% on their loans, but the stipulation is, that they buy new.

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