Australian Politics Forum - Housing bubble!

Laugh till you cry Gold Member Offline Posts: 16619 In your happy place Gender:	Re: Housing bubble! Reply #30 - Apr 4^th, 2014 at 1:39pm The housing bubble might just be the gas prelude to a big blowout that empties the bowels of the market. The A$ is being buoyed by the gas.
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aquascoot Gold Member Offline Australian Politics Posts: 35068 Gender:	Re: Housing bubble! Reply #31 - Apr 4^th, 2014 at 4:11pm a thread on real estate started by DRAH. i certainly see why the government needs to regulate the quality of financial advice being given to the public.
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aquascoot

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Re: Housing bubble!
Reply #32 - Apr 4^th, 2014 at 4:16pm

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

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Sir lastnail

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Re: Housing bubble!
Reply #33 - Apr 4^th, 2014 at 5:54pm

aquascoot wrote on Apr 4^th, 2014 at 4:16pm:

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

How about the government stop meddling in real estate and let the market forces take their course and then we will understand the economics better.

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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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John Smith Gold Member Offline Australian Politics Posts: 75131 Gender:	Re: Housing bubble! Reply #34 - Apr 4^th, 2014 at 7:24pm 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. seen the prices of property in Vegas ....
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John Smith Gold Member Offline Australian Politics Posts: 75131 Gender:	Re: Housing bubble! Reply #35 - Apr 4^th, 2014 at 7:24pm Sir lastnail wrote on Apr 2^nd, 2014 at 10:51am: John Smith wrote on Apr 1^st, 2014 at 6:10pm: what are you doing death? now you'll get nail started again BTW did you watch 4 corners on Monday night ? How China Fooled the World http://www.abc.net.au/4corners/stories/2014/03/31/3972864.htm no
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John Smith

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Re: Housing bubble!
Reply #36 - Apr 4^th, 2014 at 7:26pm

Sir lastnail wrote on 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

you'll have no problem pulling up my quote then? resorting to outright lying now nail? Grin

sure sign of desperation

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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: Housing bubble!
Reply #37 - Apr 4^th, 2014 at 7:29pm

Sir lastnail wrote on Apr 4^th, 2014 at 5:54pm:

aquascoot wrote on Apr 4^th, 2014 at 4:16pm:

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

How about the government stop meddling in real estate and let the market forces take their course and then we will understand the economics better.

or alternatively , you could try to comment on the reality of the property market as it exists

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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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Grappler Deep State Feller

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Re: Housing bubble!
Reply #38 - Apr 4^th, 2014 at 11:55pm

John Smith wrote on Apr 4^th, 2014 at 7:24pm:

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.

seen the prices of property in Vegas .... Grin

Yeah - but buoyed up by water and power from the Hoover dam and a gambling economy.

Australia should just give up on industry and become one big casino..

Igor - add 'casinos' to the GAIA study paper....

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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GA

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Re: Housing bubble!
Reply #39 - Apr 5^th, 2014 at 9:06am

aquascoot wrote on Apr 4^th, 2014 at 4:16pm:

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

When I moved to Queanbeyan NSW in 2000, the price of single bedroom units were between $20,000 - $30,000, with some under $20,000. Now these same units sell for over $100,000. The price was low due to there being an oversupply of housing in the region. Since then this situation has been reversed. So don't believe that the bottom can't be made to drop out of the market.

And I consider it as being my duty as a patriot to help bring an end to this disastrous situation. Housing prices have to be brought back down to reasonable levels. High prices destroy societies, they contribute nothing, in the end, to anybody.

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GA

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Re: Housing bubble!
Reply #40 - Apr 5^th, 2014 at 9:23am

Sir lastnail wrote on Apr 4^th, 2014 at 5:54pm:

aquascoot wrote on Apr 4^th, 2014 at 4:16pm:

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

How about the government stop meddling in real estate and let the market forces take their course and then we will understand the economics better.

It's our culture that's responsible for high prices, not government or market forces.

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John Smith

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Re: Housing bubble!
Reply #41 - Apr 5^th, 2014 at 1:42pm

Grappler Deep State Feller wrote on Apr 4^th, 2014 at 11:55pm:

John Smith wrote on Apr 4^th, 2014 at 7:24pm:

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.

seen the prices of property in Vegas .... Grin

Yeah - but buoyed up by water and power from the Hoover dam and a gambling economy.

Australia should just give up on industry and become one big casino..

Igor - add 'casinos' to the GAIA study paper....

irrelevant ... just because a property is in the 'desert'it does not mean it is for free ... some deserts cost more than others

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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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Rubin

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Re: Housing bubble!
Reply #42 - Apr 5^th, 2014 at 1:50pm

aquascoot wrote on Apr 4^th, 2014 at 4:16pm:

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

I generally disagree with most post I read written by you but it think you correct in this post.. I do however reckon between the banks, the larger home building companies and developers they do are good job of driving the pricing to favour them.

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GA

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Re: Housing bubble!
Reply #43 - Apr 5^th, 2014 at 2:19pm

Rubin wrote on Apr 5^th, 2014 at 1:50pm:

aquascoot wrote on Apr 4^th, 2014 at 4:16pm:

its funny how the people who always offer up these wild speculations and whacko ideas , would seem to be the people with the least basic business skills and understanding of how an economy works.

These sort of crazy articles are written every day of the year with NO substance.

Will the market crash, oh it could go off 20 % possibly, but the numpties on here who think THEY understand the reasoning behind this statement simply have no idea.
Its as complex a system as the weather . i doubt a super computer could model all the factors that feed into the property market.
Trying to guess what might happen is as loony as trying to guess whether its going to rain on christmas day 2014. ie, youre just guessing Wink

I generally disagree with most post I read written by you but it think you correct in this post.. I do however reckon between the banks, the larger home building companies and developers they do are good job of driving the pricing to favour them.

It's the 'shortage' of housing that creating the high prices more than anything else. And why should there be this shortage in such a big but underpopulated country? Answer, Aussies need to huddle together to overcome their fear of standing out in the crowd, and at the same time avoid to close a contact with their neighbors, resulting in a situation where most people live in big but sprawling cities. It's primary effects that relate to our psyche that have led to the urban sprawl problem that results in so much wasted space and the monotonous eye-sore that is typical of Aussie suburbia.

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Grappler Deep State Feller

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Re: Housing bubble!
Reply #44 - Apr 5^th, 2014 at 2:30pm

John Smith wrote on Apr 5^th, 2014 at 1:42pm:

Grappler Deep State Feller wrote on Apr 4^th, 2014 at 11:55pm:

John Smith wrote on Apr 4^th, 2014 at 7:24pm:

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.

seen the prices of property in Vegas .... Grin

Yeah - but buoyed up by water and power from the Hoover dam and a gambling economy.

Australia should just give up on industry and become one big casino..

Igor - add 'casinos' to the GAIA study paper....

irrelevant ... just because a property is in the 'desert'it does not mean it is for free ... some deserts cost more than others

Point is the massive infrastructure required to make it high priced and worth pursuing.

(Freudian key-stroke for the day:- Infrastricture - strangling a country with its own umbilical cords)...

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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