Australian Politics Forum - Australias Real Estate Bubble

ian Gold Member Offline OzPolitic Posts: 9451	Re: Australias Real Estate Bubble Reply #60 - Feb 17^th, 2014 at 12:34am if you live in Japan, you need some incentive. they live in dogboxes, most of them. I knew a couple of Japanese people, couldnmt stand the open spaces here. Totally as in had a minor breakdown when confronted with a vast open space. Most of the world lives cheek to jowl. We are lucky.
Back to top	IP Logged

Sophia

Gold Member

Offline

Posts: 8405

Re: Australias Real Estate Bubble
Reply #61 - Feb 17^th, 2014 at 1:03am

They utilize a room for both bedroom and lounge, where they roll up their beds and store them for the day.

When the students come here for a couple of weeks stay, they are amazed at how we have a room just for fixed bedding.

Also, they would call Australia, land of the big sky....must be very crowded buildings over there where they hardly see any sky!

I wonder, what age group are you referring to those that couldn't stand the open spaces here?

The teens loved it, and loved the casualness of the class rooms, sitting in pairs, or in circles when discussing and also working in groups, whereas back home in Japan, it is very rigid, one desk in front of another, like they do in the USA.
Most want to come back again, and those that do, and stay a year, can never go back again and live the strict way they had.

Back to top

IP Logged

Laugh till you cry

Gold Member

Offline

Posts: 16619
In your happy place
Gender: male

Re: Australias Real Estate Bubble
Reply #62 - Feb 17^th, 2014 at 1:29am

ian wrote on Feb 17^th, 2014 at 12:34am:

if you live in Japan, you need some incentive. they live in dogboxes, most of them. I knew a couple of Japanese people, couldnmt stand the open spaces here. Totally as in had a minor breakdown when confronted with a vast open space. Most of the world lives cheek to jowl. We are lucky.

That is quite insulting to the Japanese and Asians in general.

If you want to see a dog box go to Monaco Europe where they have apartments less than 20 sq. m and I understand there are apartments even smaller than that in Monaco.

Asians love the social interaction of their environment and it is understandable why they would not like large open spaces.

And they don't see rude racist people like you.

Back to top

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

IP Logged

BatteriesNotIncluded

Gold Member

Offline

MediocrityNET: because
people died for this!

Posts: 26966

Re: Australias Real Estate Bubble
Reply #63 - Feb 17^th, 2014 at 1:34am

ian wrote on Feb 17^th, 2014 at 12:34am:

if you live in Japan, you need some incentive. they live in dogboxes, most of them. I knew a couple of Japanese people, couldnmt stand the open spaces here. Totally as in had a minor breakdown when confronted with a vast open space. Most of the world lives cheek to jowl. We are lucky.

Don't they drive off the road mid freak-out from all the space??

Back to top

*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) *

IP Logged

Sir lastnail

Gold Member

Online

Australian Politics

Posts: 30084
Gender: male

Re: Australias Real Estate Bubble
Reply #64 - Feb 17^th, 2014 at 12:00pm

John Smith wrote on 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.

what about meddling in the property market to keep prices inflated which is what labor has been doing for the last 6 years. Should that be short term as well or should successive governments keep kicking the can down the road ?

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

Sir lastnail

Gold Member

Online

Australian Politics

Posts: 30084
Gender: male

Re: Australias Real Estate Bubble
Reply #65 - Feb 17^th, 2014 at 12:03pm

Baronvonrort wrote on 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.

or do the banks here make a fortune by us believing their garbage ?

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

Baronvonrort

Gold Member

Offline

Australian Politics

Posts: 18418
Gender: male

Re: Australias Real Estate Bubble
Reply #66 - Feb 17^th, 2014 at 12:38pm

Sir lastnail wrote on Feb 17^th, 2014 at 12:03pm:

Baronvonrort wrote on 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.

or do the banks here make a fortune by us believing their garbage ?

I have shares in Commonwealth and Westpac banks, the dividends are pretty good i think the shareholders will be happy.

The demand is greater than the supply with housing which means prices will continue to rise.

The rental vacancy rates are around 1% so no chance of rents dropping.

Back to top

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

IP Logged

woody2014

Gold Member

Offline

Australian Politics

Posts: 2044
NTH EAST VIC
Gender: male

Re: Australias Real Estate Bubble
Reply #67 - Feb 17^th, 2014 at 1:08pm

Sir lastnail wrote on Feb 17^th, 2014 at 12:03pm:

Baronvonrort wrote on 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.

or do the banks here make a fortune by us believing their garbage ?

Well If you think there getting upya put you money under the bed LOL I'm shore they will care about the $3 or $4

Wink

Back to top

THE DUMB LEFTIES ON THIS BOARD DONT KNOW IF THERE WINDING THEIR ARSE OR SCRATCHING THEIR WATCH

IP Logged

John Smith

Gold Member

Offline

Australian Politics

Posts: 74452
Gender: male

Re: Australias Real Estate Bubble
Reply #68 - Feb 17^th, 2014 at 1:32pm

BatteriesNotIncluded wrote on 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

it doesn't matter where the demand comes from, whilst we have higher demand than supply, prices will continue to rise

Back to top

Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

IP Logged

John Smith

Gold Member

Offline

Australian Politics

Posts: 74452
Gender: male

Re: Australias Real Estate Bubble
Reply #69 - Feb 17^th, 2014 at 1:35pm

Sir lastnail wrote on Feb 17^th, 2014 at 12:00pm:

John Smith wrote on 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.

what about meddling in the property market to keep prices inflated which is what labor has been doing for the last 6 years. Should that be short term as well or should successive governments keep kicking the can down the road ?

what about raving on like a lunatic whenever anyone mentions property, is that long or short term?

Back to top

Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

IP Logged

Sir lastnail

Gold Member

Online

Australian Politics

Posts: 30084
Gender: male

Re: Australias Real Estate Bubble
Reply #70 - Feb 17^th, 2014 at 9:40pm

John Smith wrote on Feb 17^th, 2014 at 1:35pm:

Sir lastnail wrote on Feb 17^th, 2014 at 12:00pm:

John Smith wrote on 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.

what about meddling in the property market to keep prices inflated which is what labor has been doing for the last 6 years. Should that be short term as well or should successive governments keep kicking the can down the road ?

what about raving on like a lunatic whenever anyone mentions property, is that long or short term?

nothing to add as usual ? just hiding behind billions in corporate welfare each year pretending to create money out of thin air !

I'm interested to see if flipping houses at ever increasing prices can keep the economy ticking along whilst everything else in the economy takes a nose dive.

I mean who needs manufacturing when you can just flip houses ? Those Germans must be stupid making all of them cars. The Germans are not as smart as us aussies. They haven't worked out that the secret to an enviable economy is to flip houses to each other whilst sitting on your big fat arse slurping up cafe lattes all day Cheesy

LOL

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

it_is_the_light

Gold Member

Offline

Christ Light

Posts: 41434
The Pyramid of LIGHT
Gender: male

Re: Australias Real Estate Bubble
Reply #71 - Feb 17^th, 2014 at 9:52pm

Baronvonrort wrote on 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.

many blessings,

anyway you look at it call it what you will

its all lingusistics however

you do not pay rates

you get kicked out of the house ..

even if you have " paid it off " ( lol you will NEVER

pay this off because you will pay rates for eternity

under the home owner ~ ship conditional parameters

loL at the clueless dupes then send compassion )

and " own " it

through home owner ~ship~ a fabricated contract

attached to your citizen ~ ship through your

'person ' ie : corporation/birth certificate

which is not you , merely a certificate documenting

your birth like any ship would manifest their goods ,

drawn up to co - erce clueless dupes into believing

they ' own ' a house ..

smell your freedom

in love and light

namaste

- : ) =

ॐ

Back to top

« Last Edit: Feb 17^th, 2014 at 9:59pm by it_is_the_light »

ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯

IP Logged

John Smith

Gold Member

Offline

Australian Politics

Posts: 74452
Gender: male

Re: Australias Real Estate Bubble
Reply #72 - Feb 17^th, 2014 at 9:58pm

Sir lastnail wrote on Feb 17^th, 2014 at 9:40pm:

nothing to add as usual

and you think you repeating the same thing 100 times over adds anything to the debate? Cheesy

Sir lastnail wrote on Feb 17^th, 2014 at 9:40pm:

I'm interested to see if flipping houses at ever increasing prices can keep the economy ticking along whilst everything else in the economy takes a nose dive.

I'm not trying to keep the economy ticking over, that Abbotts job

Sir lastnail wrote on Feb 17^th, 2014 at 9:40pm:

I mean who needs manufacturing when you can just flip houses ? Those Germans must be stupid making all of them cars. The Germans are not as smart as us aussies. They haven't worked out that the secret to an enviable economy is to flip houses to each other whilst sitting on your big fat arse slurping up cafe lattes all day LOL

not sure what makes you think I ever said we don't need manufacturing .. we do .,..and I don't give a f#ck what the Germans do or do not do. Now stop hyperventilating and engage your brain.

Back to top

Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

IP Logged

Sir lastnail

Gold Member

Online

Australian Politics

Posts: 30084
Gender: male

Re: Australias Real Estate Bubble
Reply #73 - Feb 17^th, 2014 at 10:01pm

John Smith wrote on Feb 17^th, 2014 at 1:32pm:

BatteriesNotIncluded wrote on 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

it doesn't matter where the demand comes from, whilst we have higher demand than supply, prices will continue to rise

off course it makes a difference because you are just inflating the bubble much more than it would if it was left to the locals. Of course this is the intention at the banks request Sad

Like I said the government should stop meddling in it and stop kicking the can down the road. There are only so many hare brained ideas that will artificially keep the bubble inflated Sad

Back to top

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

IP Logged

it_is_the_light Gold Member Offline Christ Light Posts: 41434 The Pyramid of LIGHT Gender:	Re: Australias Real Estate Bubble Reply #74 - Feb 17^th, 2014 at 10:07pm many blessings , and try to drive your car that you 'own' without paying the rates or rego all linguistics , you never own the car either for you will pay rego or look at it in the garage of your house that you ' own ' lol! wake up there china the penny has dropped in love and light namaste - : ) = ॐ
Back to top	ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : ) ╰დ╮ॐ╭დ╯ IP Logged