Australian Politics Forum - Housing bubble!

GA

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Re: Housing bubble!
Reply #15 - Apr 2^nd, 2014 at 1:58pm

Grappler Deep State Feller wrote on Apr 2^nd, 2014 at 1:49pm:

GA wrote on Apr 2^nd, 2014 at 12:36pm:

King FriYAY II wrote on Apr 2^nd, 2014 at 11:40am:

GA wrote on Apr 2^nd, 2014 at 9:16am:

BatteriesNotIncluded wrote on Apr 1^st, 2014 at 6:03pm:

It's all a bubble built on environmental subsidy that simply isn't available to give.

** WARNING: false economy in motion!

Aussieland is a tiny little nation with a massive population, so we've got to expect housing to be expensive here.

And, It's not a 'bubble', what we've go is a Hindenburg of housing price inflation. Our house prices are as much as ten times higher than what their real value is.

Our house was only worth $17,000!!!

1/2 the price of the car!!!

Your house is worth $170,000? Where do you live, Birdsville?

Tactical change of issue....

I hope you are prepared for Hockeystick Joe's deemed value in assets including home when you want a pension..

I fought 'e was sayin' 'e's 'ouse would be valued at only $17,000 if it were only 1/10th of what its actually market value is (I'd said home prices were 10 time, is some instances, what they're really worth).

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King FriYAY II

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Re: Housing bubble!
Reply #16 - Apr 2^nd, 2014 at 2:58pm

GA wrote on Apr 2^nd, 2014 at 12:36pm:

King FriYAY II wrote on Apr 2^nd, 2014 at 11:40am:

GA wrote on Apr 2^nd, 2014 at 9:16am:

BatteriesNotIncluded wrote on Apr 1^st, 2014 at 6:03pm:

It's all a bubble built on environmental subsidy that simply isn't available to give.

** WARNING: false economy in motion!

Aussieland is a tiny little nation with a massive population, so we've got to expect housing to be expensive here.

And, It's not a 'bubble', what we've go is a Hindenburg of housing price inflation. Our house prices are as much as ten times higher than what their real value is.

Our house was only worth $17,000!!!

1/2 the price of the car!!!

Your house is worth $170,000? Where do you live, Birdsville?

Naww did i make you stupid comment on house prices sound stupid?

Bridsville!!

No good slinging an "insult" with such a hefty dose of ignorance, just makes you look like a tool.

I live in a small town 100 meters from the banks of the Murray river, 500 meters from the 2012 Tourism Australia Pub of the year and 500 meters from the primary school that was est. 1890. And just for added convenience there is a 24/7 BP servo/supermarket 2k's down the road.

The streets are so wide and quiet with center plantations all the way along. The air is clean and the neighbors are like old mates.

I pass about 8 road side stalls selling fruit and veggies on the way home from work.

The house is solid as a rock early 1980's brick, 3 bedroom, massive kitchen with 2 dining areas and big lounge. It has a double carport, there is also a double lock up shed and a garden shed in the back yard as well.

The house is on 1/4 of an acre, fully fenced and we have planted an Apple, Cherry and a Lime tree so far and the veggie patch is ready for the next planting.

Central to the back yard is a massive old Plane tree, next to a Desert Ash of similar vintage that gives us so much shade and is perfect in he hot weather.

The front garden in now planted to natives (mainly Grevillia).

It's 10'ks to the main town and work. And 15 to the air port.

30k's west and you're at the confluence of the Murray/Darling rivers, another 20k's to the Great Anabranch of the Darling River and another 50 past that at the magnificent Lake Victoria.

If you want to do some driving, north you can visit the ancient Mungo and Willandra lakes national parks. Or a bit further west the Menindee Lakes that hold 9 times the water of Port Jackson (Sydney Harbor)

150's east to the Murrumbidgee, Edwards and Warkool rivers.

That's where i live, that's what $170K can get you in my country.

I dare you to ask me if i'm happy.... Wink

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GA

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Re: Housing bubble!
Reply #17 - Apr 3^rd, 2014 at 11:18am

King FriYAY II wrote on Apr 2^nd, 2014 at 2:58pm:

GA wrote on Apr 2^nd, 2014 at 12:36pm:

King FriYAY II wrote on Apr 2^nd, 2014 at 11:40am:

GA wrote on Apr 2^nd, 2014 at 9:16am:

BatteriesNotIncluded wrote on Apr 1^st, 2014 at 6:03pm:

It's all a bubble built on environmental subsidy that simply isn't available to give.

** WARNING: false economy in motion!

Aussieland is a tiny little nation with a massive population, so we've got to expect housing to be expensive here.

And, It's not a 'bubble', what we've go is a Hindenburg of housing price inflation. Our house prices are as much as ten times higher than what their real value is.

Our house was only worth $17,000!!!

1/2 the price of the car!!!

Your house is worth $170,000? Where do you live, Birdsville?

Naww did i make your stupid comment on house prices sound stupid?

Birdsville!!

That's how far 'out' you have to be content to live if you 'expect' to pay a reasonable price for an 'ouse in Aussieland.

Quote:

No good slinging an "insult" with such a hefty dose of ignorance, just makes you look like a tool.

Anyone who for any reason defends the prices of 'ouses in Aussieland is being offensive to all of those young couples contemplating buying their first 'ome 'ere.

As for me, I 'ave to be offensive when dealing wiff Aussies. Why? Because make any concessions, then the Aussies complacent nature will once again resume control, they will fall right back down the well again is what I'm sayin'.

Quote:

I live in a small town 100 meters from the banks of the Murray river, 500 meters from the 2012 Tourism Australia Pub of the year and 500 meters from the primary school that was est. 1890. And just for added convenience there is a 24/7 BP servo/supermarket 2k's down the road.

The streets are so wide and quiet with center plantations all the way along. The air is clean and the neighbors are like old mates.

I pass about 8 road side stalls selling fruit and veggies on the way home from work.

The house is solid as a rock early 1980's brick, 3 bedroom, massive kitchen with 2 dining areas and big lounge. It has a double carport, there is also a double lock up shed and a garden shed in the back yard as well.

The house is on 1/4 of an acre, fully fenced and we have planted an Apple, Cherry and a Lime tree so far and the veggie patch is ready for the next planting.

Central to the back yard is a massive old Plane tree, next to a Desert Ash of similar vintage that gives us so much shade and is perfect in he hot weather.

The front garden in now planted to natives (mainly Grevillia).

It's 10'ks to the main town and work. And 15 to the air port.

30k's west and you're at the confluence of the Murray/Darling rivers, another 20k's to the Great Anabranch of the Darling River and another 50 past that at the magnificent Lake Victoria.

If you want to do some driving, north you can visit the ancient Mungo and Willandra lakes national parks. Or a bit further west the Menindee Lakes that hold 9 times the water of Port Jackson (Sydney Harbor)

150's east to the Murrumbidgee, Edwards and Warkool rivers.

That's where i live, that's what $170K can get you in my country.

I dare you to ask me if i'm happy.... Wink

It sounds nice. But the typical Aussie is 'appy wif any form of roof over 'e's 'ead, and believes if 'e pays less than 'alf a 'mil' 'e's got a bargin. And what would be 'appening to your 'ouse price if every couple wanting to buy, buys an 'ouse there. So shss! (unless you're are planning to leave Aussieland and hope to get a million for your place, that is).

These are the kinda prices ovvers are payin': 'What a steal', old 'Fibro' miners cottage located in Captains Flat (I'm currently staying in Queanbeyan, and it's often referred to as being the 'arsehole' of Canberra, being slightly south of the capital, which would make Captains Flat Canberra's hemorrhoids).

http://www.realestate.com.au/property-house-nsw-captains+flat-106733226

Note: I've used 'Cockney' pronunciations to make it easier for the average Aussie to read. So don't get me wrong, I'm not trying to be funny, or even slightly 'sarcastic'.

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Ex Dame Pansi Gold Member Offline Australian Politics Posts: 24168	Re: Housing bubble! Reply #18 - Apr 3^rd, 2014 at 11:28am Any house in the middle of the desert isn't worth more than $50,000. It's in the desert.
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GA Gold Member Offline Australian Politics Posts: 1130 Gender:	Re: Housing bubble! Reply #19 - Apr 3^rd, 2014 at 11:36am Ex Dame Pansi wrote on Apr 3^rd, 2014 at 11:28am: Any house in the middle of the desert isn't worth more than $50,000. It's in the desert. Marble Bar (the hottest town on earth): http://www.realestate.com.au/property-house-wa-boodarie-116076007
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King FriYAY II Gold Member Offline Australian Politics Posts: 2109	Re: Housing bubble! Reply #20 - Apr 3^rd, 2014 at 11:45am I definitely was far from funny and more spastic than sarcastic. Anyway, i'll go home to my "only worth $17,000" home. Makes the double lock up shed worth about $100
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GA Gold Member Offline Australian Politics Posts: 1130 Gender:	Re: Housing bubble! Reply #21 - Apr 3^rd, 2014 at 11:48am Ex Dame Pansi wrote on Apr 3^rd, 2014 at 11:28am: Any house in the middle of the desert isn't worth more than $50,000. It's in the desert. In Arizona: Mortgage repayments $209 month. (Go to street view) http://www.zillow.com/homedetails/681-N-41st-Dr-Show-Low-AZ-85901/8409103_zpid/
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Ex Dame Pansi

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Re: Housing bubble!
Reply #22 - Apr 3^rd, 2014 at 12:19pm

GA wrote on Apr 3^rd, 2014 at 11:48am:

Ex Dame Pansi wrote on Apr 3^rd, 2014 at 11:28am:

Any house in the middle of the desert isn't worth more than $50,000. It's in the desert.

In Arizona:

Mortgage repayments $209 month.

(Go to street view)

http://www.zillow.com/homedetails/681-N-41st-Dr-Show-Low-AZ-85901/8409103_zpid/

Yep! cheap houses, they had them for $50 at the height of the gfc.

$53,000

-36.9%

We have that 'correction' to look forward to......ouch!

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Sir lastnail

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Re: Housing bubble!
Reply #23 - Apr 3^rd, 2014 at 12:30pm

Ex Dame Pansi wrote on Apr 3^rd, 2014 at 11:28am:

Any house in the middle of the desert isn't worth more than $50,000. It's in the desert.

According to John Smith it is worth millions no matter where in Australia it is. Even if there are no job prospects it is still worth millions or as much as the bank is willing to allow you to borrow Cheesy

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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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BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: Housing bubble! Reply #24 - Apr 3^rd, 2014 at 4:25pm Grappler Deep State Feller wrote on Apr 2^nd, 2014 at 9:40am: The housing myth is a bubble.... I predict revolution.... The world does turn they say
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

BatteriesNotIncluded

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Re: Housing bubble!
Reply #25 - Apr 3^rd, 2014 at 4:35pm

Grappler Deep State Feller wrote on Apr 2^nd, 2014 at 1:49pm:

GA wrote on Apr 2^nd, 2014 at 12:36pm:

King FriYAY II wrote on Apr 2^nd, 2014 at 11:40am:

GA wrote on Apr 2^nd, 2014 at 9:16am:

BatteriesNotIncluded wrote on Apr 1^st, 2014 at 6:03pm:

It's all a bubble built on environmental subsidy that simply isn't available to give.

** WARNING: false economy in motion!

Aussieland is a tiny little nation with a massive population, so we've got to expect housing to be expensive here.

And, It's not a 'bubble', what we've go is a Hindenburg of housing price inflation. Our house prices are as much as ten times higher than what their real value is.

Our house was only worth $17,000!!!

1/2 the price of the car!!!

Your house is worth $170,000? Where do you live, Birdsville?

Tactical change of issue....

I hope you are prepared for Hockeystick Joe's deemed value in assets including home when you want a pension..

Money is getting funnier by the day... Tap and go is now tentacling it's way thru the dodgy metro sexuality of the mobile phone fantasia the mob have learnt to love. Your balance doesn't even update for days I am told....

Revolution probably ain't far off cos I certainly don't like the smell of things now!! 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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GA

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Re: Housing bubble!
Reply #26 - Apr 3^rd, 2014 at 5:24pm

BatteriesNotIncluded wrote on Apr 3^rd, 2014 at 4:35pm:

Grappler Deep State Feller wrote on Apr 2^nd, 2014 at 1:49pm:

GA wrote on Apr 2^nd, 2014 at 12:36pm:

King FriYAY II wrote on Apr 2^nd, 2014 at 11:40am:

GA wrote on Apr 2^nd, 2014 at 9:16am:

BatteriesNotIncluded wrote on Apr 1^st, 2014 at 6:03pm:

It's all a bubble built on environmental subsidy that simply isn't available to give.

** WARNING: false economy in motion!

Aussieland is a tiny little nation with a massive population, so we've got to expect housing to be expensive here.

And, It's not a 'bubble', what we've go is a Hindenburg of housing price inflation. Our house prices are as much as ten times higher than what their real value is.

Our house was only worth $17,000!!!

1/2 the price of the car!!!

Your house is worth $170,000? Where do you live, Birdsville?

Tactical change of issue....

I hope you are prepared for Hockeystick Joe's deemed value in assets including home when you want a pension..

Money is getting funnier by the day... Tap and go is now tentacling it's way thru the dodgy metro sexuality of the mobile phone fantasia the mob have learnt to love. Your balance doesn't even update for days I am told....

Revolution probably ain't far off cos I certainly don't like the smell of things now!! Huh

Aussies celebrate high prices, it's one of the reasons we pay so much. Nationalism has forced up prices on just about everything. The price of lamb (a British favorite) since 'Aussies' became the dominate culture have become even pricier than (the more expensive to produce) beef for example. Buy 'Aussie' pay 'Aussie prices', it's as simple as that.

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« Last Edit: Apr 3^rd, 2014 at 5:57pm by GA »

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GA

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Re: Housing bubble!
Reply #27 - Apr 3^rd, 2014 at 5:54pm

Ex Dame Pansi wrote on Apr 3^rd, 2014 at 12:19pm:

GA wrote on Apr 3^rd, 2014 at 11:48am:

Ex Dame Pansi wrote on Apr 3^rd, 2014 at 11:28am:

Any house in the middle of the desert isn't worth more than $50,000. It's in the desert.

In Arizona:

Mortgage repayments $209 month.

(Go to street view)

http://www.zillow.com/homedetails/681-N-41st-Dr-Show-Low-AZ-85901/8409103_zpid/

Yep! cheap houses, they had them for $50 at the height of the gfc.

$53,000

-36.9%

We have that 'correction' to look forward to......ouch!

Aussie nationalism sustains itself in part by generating myths, one of those is that Americans are actually poorer than us. Or that house prices are only low there now due to the deflation of the housing bubble.

http://www.jparsons.net/housingbubble/phoenix.html

So do you feel like revolting against our high prices? No, of course you don't, instead it's off putting to see low prices being paid by other people. We feel in some sort of way like blaming the Americans for their reasonable prices instead. But they aren't to blame and in fact they are part of a solution, but unfortunately, due to nationalism, we aren't all that interested in solutions. Because these are just too much at odds with our denials.

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« Last Edit: Apr 4^th, 2014 at 9:10am by GA »

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BatteriesNotIncluded Gold Member Offline MediocrityNET: because people died for this! Posts: 26966	Re: Housing bubble! Reply #28 - Apr 3^rd, 2014 at 7:34pm Nationalism,... maybe! We are a dickhead nation that's for sure!!
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GA

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Re: Housing bubble!
Reply #29 - Apr 4^th, 2014 at 9:09am

BatteriesNotIncluded wrote on Apr 3^rd, 2014 at 7:34pm:

Nationalism,... maybe! We are a dickhead nation that's for sure!!

We don't need to take it too personally, I mean if it wasn't for the fact that we are one of the few nations in the world that arose from a penal colony, then we would have to be blaming ourselves. But if 'we' the politically minded thinking people don't make at least an attempt to rectify the problem, then we should be blaming ourselves. Because we sure can't expect the poor dumb Aussie to suddenly decide to make a difference, when it is his 'culture' that's responsible for our situation in the first place.

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