Australian Politics Forum - Sydney property price collapse has started

Aussie

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Re: Sydney property price collapse has started
Reply #105 - Oct 19^th, 2015 at 8:41pm

Lisa Jones wrote on Oct 16^th, 2015 at 3:08pm:

Ex Dame Pansi wrote on Oct 16^th, 2015 at 2:58pm:

Lisa Jones wrote on Oct 16^th, 2015 at 2:23pm:

Ex Dame Pansi wrote on Oct 16^th, 2015 at 2:14pm:

I'm going to be so laughing at you guys when the sh1t hits the fan.....and it will.

Just keep paying your weekly rent because that is what keeps us landlords happy.

Us landlords will be jumping off tall buildings next year Cry

Oh well! nothing lasts forever, especially not housing bubbles.

Us landlords actually FULLY OWN our homes outright....and now, so do all our children.

How? Thanks to renters like you!

Grin

Lisa, can you clarify for me how you can own all your property outright, and still negatively gear?

Quote:

Yep.

Mean time, the rest of us are negatively gearing as many suitable properties as we can....whilst receiving healthy weekly rents, annual tax incentives and as an added bonus...we're watching our property investments appreciate in value.

In short, our kids are set for life

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Wolseley Gold Member Offline Australian Politics Posts: 1453 Sydney Gender:	Re: Sydney property price collapse has started Reply #106 - Oct 19^th, 2015 at 8:46pm If property prices start falling the way that a couple of people on this forum are suggesting, maybe I should buy some more in a few months time.
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Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: Sydney property price collapse has started Reply #107 - Oct 19^th, 2015 at 8:46pm For the clueless nong/online stalker 1. Read my posts again. 2. If need be, read them a few more times. 3. If you STILL don't get why you're clueless...ask one of your taxi cab mates to explain them to you. Until then, bugger off. I'm not interested in unintelligent time wasters like you.
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Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: Sydney property price collapse has started Reply #108 - Oct 19^th, 2015 at 8:48pm Wolseley wrote on Oct 19^th, 2015 at 8:46pm: If property prices start falling the way that a couple of people on this forum are suggesting, maybe I should buy some more in a few months time. Ahhhh! Precisely! And if you're cashed up, why not?
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Aussie

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Re: Sydney property price collapse has started
Reply #109 - Oct 19^th, 2015 at 8:56pm

Lisa Jones wrote on Oct 19^th, 2015 at 8:46pm:

For the clueless nong/online stalker

1. Read my posts again.

2. If need be, read them a few more times.

3. If you STILL don't get why you're clueless...ask one of your taxi cab mates to explain them to you.

Until then, bugger off.

I'm not interested in unintelligent time wasters like you.

Perhaps then you can explain how, when you own all your properties, you can negatively gear them. Or, of course, you can go off again on some irrelevant abusive tangent about me and/taxi drivers. Your choice.

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« Last Edit: Oct 19^th, 2015 at 9:04pm by Aussie »

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lee Gold Member Offline Australian Politics Posts: 18012 Gender:	Re: Sydney property price collapse has started Reply #110 - Oct 19^th, 2015 at 9:01pm Aussie wrote on Oct 19^th, 2015 at 8:56pm: Perhaps then you can explain how, when you own all your properties, you can negatively gear them. Perhaps it is their personal residences they own outright. At least that is what I intuited.
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Lisa Jones

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Re: Sydney property price collapse has started
Reply #111 - Oct 19^th, 2015 at 9:02pm

Lisa Jones wrote on Oct 19^th, 2015 at 8:48pm:

Wolseley wrote on Oct 19^th, 2015 at 8:46pm:

If property prices start falling the way that a couple of people on this forum are suggesting, maybe I should buy some more in a few months time.

Ahhhh!

Precisely!

And if you're cashed up, why not?

Actually, if you are cashed up in this market, I'd be looking at negatively gearing a renovator/rental property in a decent Sydney suburb.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Wolseley

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Re: Sydney property price collapse has started
Reply #112 - Oct 19^th, 2015 at 9:09pm

Lisa Jones wrote on Oct 19^th, 2015 at 9:02pm:

Lisa Jones wrote on Oct 19^th, 2015 at 8:48pm:

Wolseley wrote on Oct 19^th, 2015 at 8:46pm:

If property prices start falling the way that a couple of people on this forum are suggesting, maybe I should buy some more in a few months time.

Ahhhh!

Precisely!

And if you're cashed up, why not?

Actually, if you are cashed up in this market, I'd be looking at negatively gearing a renovator/rental property in a decent Sydney suburb.

Maybe, but I'm retired, and I don't really want to start borrowing money again at this stage of my life.

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Sir lastnail

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Re: Sydney property price collapse has started
Reply #113 - Oct 19^th, 2015 at 9:14pm

Lisa Jones wrote on Oct 19^th, 2015 at 8:48pm:

Wolseley wrote on Oct 19^th, 2015 at 8:46pm:

If property prices start falling the way that a couple of people on this forum are suggesting, maybe I should buy some more in a few months time.

Ahhhh!

Precisely!

And if you're cashed up, why not?

yeh knock yourselves out. Blow all of your money on it. The government will make sure you make a profit or will they this time ?? They have used up all of their nine lives keeping the bubble afloat and all they have left is cashed up asian buyers who only buy in selected areas.

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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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Lisa Jones

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Re: Sydney property price collapse has started
Reply #114 - Oct 19^th, 2015 at 9:20pm

Wolseley wrote on Oct 19^th, 2015 at 9:09pm:

Lisa Jones wrote on Oct 19^th, 2015 at 9:02pm:

Lisa Jones wrote on Oct 19^th, 2015 at 8:48pm:

Wolseley wrote on Oct 19^th, 2015 at 8:46pm:

If property prices start falling the way that a couple of people on this forum are suggesting, maybe I should buy some more in a few months time.

Ahhhh!

Precisely!

And if you're cashed up, why not?

Actually, if you are cashed up in this market, I'd be looking at negatively gearing a renovator/rental property in a decent Sydney suburb.

Maybe, but I'm retired, and I don't really want to start borrowing money again at this stage of my life.

If you've retired.....forget it.

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Sir lastnail

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Re: Sydney property price collapse has started
Reply #115 - Oct 19^th, 2015 at 9:41pm

Aussie wrote on Oct 19^th, 2015 at 8:41pm:

Lisa Jones wrote on Oct 16^th, 2015 at 3:08pm:

Ex Dame Pansi wrote on Oct 16^th, 2015 at 2:58pm:

Lisa Jones wrote on Oct 16^th, 2015 at 2:23pm:

Ex Dame Pansi wrote on Oct 16^th, 2015 at 2:14pm:

I'm going to be so laughing at you guys when the sh1t hits the fan.....and it will.

Just keep paying your weekly rent because that is what keeps us landlords happy.

Us landlords will be jumping off tall buildings next year Cry

Oh well! nothing lasts forever, especially not housing bubbles.

Us landlords actually FULLY OWN our homes outright....and now, so do all our children.

How? Thanks to renters like you!

Grin

Lisa, can you clarify for me how you can own all your property outright, and still negatively gear?

Quote:

Yep.

Mean time, the rest of us are negatively gearing as many suitable properties as we can....whilst receiving healthy weekly rents, annual tax incentives and as an added bonus...we're watching our property investments appreciate in value.

In short, our kids are set for life

Yes negatively geared investments means that these continually run at a loss because of maintenance and interest payments so how can this be if they are owned outright with "nice healthy weekly rents" Cheesy

LOL

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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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Aussie

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Re: Sydney property price collapse has started
Reply #116 - Oct 19^th, 2015 at 9:41pm

lee wrote on Oct 19^th, 2015 at 9:01pm:

Aussie wrote on Oct 19^th, 2015 at 8:56pm:

Perhaps then you can explain how, when you own all your properties, you can negatively gear them.

Perhaps it is their personal residences they own outright. At least that is what I intuited.

That is why I sought clarification....and would have come to the same conclusion as yourself except this:

Quote:

Us landlords actually FULLY OWN our homes outright....and now, so do all our children.

......seems to put paid to that.

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Lisa Jones Gold Member Offline Australian Politics Posts: 39047 Sydney Gender:	Re: Sydney property price collapse has started Reply #117 - Oct 19^th, 2015 at 10:03pm zzzzZzzzzzzz Night Stalker/Clueless Nong. Pray for brains.
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Aussie

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Re: Sydney property price collapse has started
Reply #118 - Oct 19^th, 2015 at 10:12pm

Lisa Jones wrote on Oct 19^th, 2015 at 10:03pm:

zzzzZzzzzzzz

Night Stalker/Clueless Nong.

Pray for brains.

How about providing the simple clarification instead of the obfuscation. You have told us previously you have ten 'lots' in Sydney. I'm not making any of this up. It is what you posted. I'm fascinated as to how you managed it, and even to the extent that your kids (four) also own their homes outright.

You are clearly a success story extraordinaire, and I for one would be delighted to hear the clarification from you.

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Grappler Deep State Feller

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Re: Sydney property price collapse has started
Reply #119 - Oct 19^th, 2015 at 10:22pm

Aussie wrote on Oct 19^th, 2015 at 10:12pm:

Lisa Jones wrote on Oct 19^th, 2015 at 10:03pm:

zzzzZzzzzzzz

Night Stalker/Clueless Nong.

Pray for brains.

How about providing the simple clarification instead of the obfuscation. You have told us previously you have ten 'lots' in Sydney. I'm not making any of this up. It is what you posted. I'm fascinated as to how you managed it, and even to the extent that your kids (four) also own their homes outright.

You are clearly a success story extraordinaire, and I for one would be delighted to hear the clarification from you.

It's all done on credit, Aussie - you KNOW that.... all these serial house owner millionaires actually owe the banks more than they can repay if and when the whole deal collapses.

I've compared this to the 1929 Stock Market Crash - which came about from people 'leveraging' stocks and bonds to borrow to buy more stocks and bonds - and then one day suddenly the whole deal collapses and they are all left with debt and nothing else.

NO serial home owner does not work - they need to work to pay the shortfalls on their mortgages - which tells you why the RBA is keeping interest rates low - if they do not, the only game in town will collapse and disaster will follow.

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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.”
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