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Sydney property price collapse has started (Read 21459 times)
Sir lastnail
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Re: Sydney property price collapse has started
Reply #240 - Oct 21st, 2015 at 10:08pm
 
it_is_the_light wrote on Oct 21st, 2015 at 9:59pm:
http://www.news.com.au/finance/real-estate/sydneys-housing-market-contrasts-shar...

Sydney’s housing market contrasts sharply with towns where prices went from boom to bust


Quote:
Muswellbrook, NSW
The Hunter Valley was another location hurt by zealous developers amid a downsizing coal industry, Hotspotting.com.au said. The region was booming until recently, attracting a swarm of developers, who built too many houses. Muswellbrook has been the worst affected. The median house price has been falling since 2012 and is now the same as it was five years ago.


good article light and a reality check for some of the dummies here who think you can just keep borrowing adinfinitum Wink
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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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it_is_the_light
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Re: Sydney property price collapse has started
Reply #241 - Oct 21st, 2015 at 10:13pm
 
Sir lastnail wrote on Oct 21st, 2015 at 10:08pm:
it_is_the_light wrote on Oct 21st, 2015 at 9:59pm:
http://www.news.com.au/finance/real-estate/sydneys-housing-market-contrasts-shar...

Sydney’s housing market contrasts sharply with towns where prices went from boom to bust


Quote:
Muswellbrook, NSW
The Hunter Valley was another location hurt by zealous developers amid a downsizing coal industry, Hotspotting.com.au said. The region was booming until recently, attracting a swarm of developers, who built too many houses. Muswellbrook has been the worst affected. The median house price has been falling since 2012 and is now the same as it was five years ago.


good article light and a reality check for some of the dummies here who think you can just keep borrowing adinfinitum Wink


many blessings sir nail

and yet they keep paying rates , dead money

and subservience to the monarch their god ..

its all crown land and the " home owner " ( whom owns nothing under contract to , but not limited to wit * )

simply agrees to annual extortion fees

that are tax deductable further sponging off taxpayers ...

kind of like a parasitic wasp of some type

yet they are winning

Cheesy Cheesy Cheesy Cheesy Cheesy

forgiven

namaste




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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
it_is_the_light it_is_the_light Christ+Light Christ+Light  
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Sir lastnail
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Re: Sydney property price collapse has started
Reply #242 - Oct 21st, 2015 at 10:22pm
 
it_is_the_light wrote on Oct 21st, 2015 at 10:13pm:
Sir lastnail wrote on Oct 21st, 2015 at 10:08pm:
it_is_the_light wrote on Oct 21st, 2015 at 9:59pm:
http://www.news.com.au/finance/real-estate/sydneys-housing-market-contrasts-shar...

Sydney’s housing market contrasts sharply with towns where prices went from boom to bust


Quote:
Muswellbrook, NSW
The Hunter Valley was another location hurt by zealous developers amid a downsizing coal industry, Hotspotting.com.au said. The region was booming until recently, attracting a swarm of developers, who built too many houses. Muswellbrook has been the worst affected. The median house price has been falling since 2012 and is now the same as it was five years ago.


good article light and a reality check for some of the dummies here who think you can just keep borrowing adinfinitum Wink


many blessings sir nail

and yet they keep paying rates , dead money

and subservience to the monarch their god ..

its all crown land and the " home owner " ( whom owns nothing under contract to , but not limited to wit * )

simply agrees to annual extortion fees

that are tax deductable further sponging off taxpayers ...

kind of like a parasitic wasp of some type

yet they are winning

Cheesy Cheesy Cheesy Cheesy Cheesy

forgiven

namaste






The latest craze where I live is to knock down a perfectly good house and build three dolly boxes on the same block of land. It's a bonanza for the council as they get 3x the rates !!
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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 #243 - Oct 21st, 2015 at 10:27pm
 
I don't like that sort of thing either.

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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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it_is_the_light
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Re: Sydney property price collapse has started
Reply #244 - Oct 21st, 2015 at 10:28pm
 
Sir lastnail wrote on Oct 21st, 2015 at 10:22pm:
it_is_the_light wrote on Oct 21st, 2015 at 10:13pm:
Sir lastnail wrote on Oct 21st, 2015 at 10:08pm:
it_is_the_light wrote on Oct 21st, 2015 at 9:59pm:
http://www.news.com.au/finance/real-estate/sydneys-housing-market-contrasts-shar...

Sydney’s housing market contrasts sharply with towns where prices went from boom to bust


Quote:
Muswellbrook, NSW
The Hunter Valley was another location hurt by zealous developers amid a downsizing coal industry, Hotspotting.com.au said. The region was booming until recently, attracting a swarm of developers, who built too many houses. Muswellbrook has been the worst affected. The median house price has been falling since 2012 and is now the same as it was five years ago.


good article light and a reality check for some of the dummies here who think you can just keep borrowing adinfinitum Wink


many blessings sir nail

and yet they keep paying rates , dead money

and subservience to the monarch their god ..

its all crown land and the " home owner " ( whom owns nothing under contract to , but not limited to wit * )

simply agrees to annual extortion fees

that are tax deductable further sponging off taxpayers ...

kind of like a parasitic wasp of some type

yet they are winning

Cheesy Cheesy Cheesy Cheesy Cheesy

forgiven

namaste






The latest craze where I live is to knock down a perfectly good house and build three dolly boxes on the same block of land. It's a bonanza for the council as they get 3x the rates !!


wow

what a buch of cut throat scammers !

and the people .. they are actually falling for the hype ?

its like y2k on steroids

namaste


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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
it_is_the_light it_is_the_light Christ+Light Christ+Light  
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it_is_the_light
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Re: Sydney property price collapse has started
Reply #245 - Oct 21st, 2015 at 10:30pm
 
and they just keep carving it up and subdividing until one day

everyone starts subdividing the subdivisions into micro subdivisions then really make the proverbial real estated killing

sucking the juice out of each other in quick time

namaste
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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
it_is_the_light it_is_the_light Christ+Light Christ+Light  
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Bobby.
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Re: Sydney property price collapse has started
Reply #246 - Oct 21st, 2015 at 10:31pm
 
it_is_the_light wrote on Oct 21st, 2015 at 10:13pm:
Sir lastnail wrote on Oct 21st, 2015 at 10:08pm:
it_is_the_light wrote on Oct 21st, 2015 at 9:59pm:
http://www.news.com.au/finance/real-estate/sydneys-housing-market-contrasts-shar...

Sydney’s housing market contrasts sharply with towns where prices went from boom to bust


Quote:
Muswellbrook, NSW
The Hunter Valley was another location hurt by zealous developers amid a downsizing coal industry, Hotspotting.com.au said. The region was booming until recently, attracting a swarm of developers, who built too many houses. Muswellbrook has been the worst affected. The median house price has been falling since 2012 and is now the same as it was five years ago.


good article light and a reality check for some of the dummies here who think you can just keep borrowing adinfinitum Wink


many blessings sir nail

and yet they keep paying rates , dead money

and subservience to the monarch their god ..

its all crown land and the " home owner " ( whom owns nothing under contract to , but not limited to wit * )

simply agrees to annual extortion fees

that are tax deductable further sponging off taxpayers ...

kind of like a parasitic wasp of some type

yet they are winning

Cheesy Cheesy Cheesy Cheesy Cheesy

forgiven

namaste







Good post.


Quote:
home owner simply agrees to annual extortion fees


how true.
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it_is_the_light
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Re: Sydney property price collapse has started
Reply #247 - Oct 22nd, 2015 at 2:09am
 
http://www.dailymail.co.uk/news/article-3282097/Property-boom-history-fewer-buye...

'The boom is certainly over': Fewer buyers and higher interest rates mean Australia's property market has finally hit the wall



Sydney and Melbourne prices grew at their lowest level since March 2014
Property guru says the boom is over and disputes claims prices will quickly rebound in the new year
The average cost of a house in Sydney is still more than $1 million
But homes in the inner west which once topped the $1 million mark are being passed in $100,000 under reserve
Perth crashed to its lowest number since June 2011 and was labelled 'a hostage to the resource sector'


By FRANK COLETTA FOR DAILY MAIL AUSTRALIA
PUBLISHED: 00:52 EST, 22 October 2015 | UPDATED: 01:20 EST, 22 October 2015

'The boom is certainly over.' With those words Domain Group property guru Dr Andrew Wilson put the lid on 18 months of extraordinary growth in the Australian property market. 
Melbourne and Sydney have both reported sharp declines in the rate of house price increases in the past quarter, with most other capitals also in the grip of weakening numbers.
'The great Sydney house price boom has ended, with house price growth tracking back sharply over the September quarter,' Dr Wilson said.
Despite the brakes coming on, Sydney still recorded a median house price of $1,032,433. That was up 3.2 per cent over the quarter but still the lowest quarterly rate of growth reported since March 2014.
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ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
it_is_the_light it_is_the_light Christ+Light Christ+Light  
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Sir lastnail
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Re: Sydney property price collapse has started
Reply #248 - Oct 22nd, 2015 at 9:15am
 
Lisa Jones wrote on Oct 21st, 2015 at 10:27pm:
I don't like that sort of thing either.



why ? That's what your government is encouraging. Also it doesn't add to the supply of housing because they just bring 3 more of their mates from china to occupy them Sad
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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 #249 - Oct 22nd, 2015 at 9:27am
 
Sir lastnail wrote on Oct 22nd, 2015 at 9:15am:
Lisa Jones wrote on Oct 21st, 2015 at 10:27pm:
I don't like that sort of thing either.



why ? That's what your government is encouraging. Also it doesn't add to the supply of housing because they just bring 3 more of their mates from china to occupy them Sad


Oh, you noticed my little post.

Interesting. Anyway....

1. Successive Labor AND Liberal govts are guilty of encouraging these types of developments.

2. There are various reasons as to why these types of developments have been allowed to continue.

3. Despite the minimum requisite impact assessment studies which are submitted for such developments, I personally don't think the long term effect of such developments on our society and on our environment are healthy or sustainable.







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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 #250 - Oct 22nd, 2015 at 9:31am
 
Lisa Jones wrote on Oct 22nd, 2015 at 9:27am:
Sir lastnail wrote on Oct 22nd, 2015 at 9:15am:
Lisa Jones wrote on Oct 21st, 2015 at 10:27pm:
I don't like that sort of thing either.



why ? That's what your government is encouraging. Also it doesn't add to the supply of housing because they just bring 3 more of their mates from china to occupy them Sad


Oh, you noticed my little post.

Interesting. Anyway....

1. Successive Labor AND Liberal govts are guilty of encouraging these types of developments.

2. There are various reasons as to why these types of developments have been allowed to continue.

3. Despite the minimum requisite impact assessment studies which are submitted for such developments, I personally don't think the long term effect of such developments on our society and on our environment are healthy or sustainable.









Their reasons insult peoples intelligence. Most people think that if it is such a great policy then why doesn't china allow it ?
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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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it_is_the_light
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Christ Light

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Re: Sydney property price collapse has started
Reply #251 - Oct 22nd, 2015 at 9:41am
 
http://www.bloomberg.com/quote/SHCOMP:IND

Shanghai Stock Exchange Composite Index


3,320.676
104.654
DOWN -3.06%


http://money.cnn.com/data/markets/

http://www.asx.com.au/

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chart_11__.png (3 KB | 17 )
chart_11__.png

ॐ May Much LOVE and CHRISTS LIGHT be upon and within us all.... namasté ▲ - : )  ╰დ╮ॐ╭დ╯
it_is_the_light it_is_the_light Christ+Light Christ+Light  
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Lisa Jones
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Re: Sydney property price collapse has started
Reply #252 - Oct 22nd, 2015 at 9:54am
 
Sir lastnail wrote on Oct 22nd, 2015 at 9:31am:
Lisa Jones wrote on Oct 22nd, 2015 at 9:27am:
Sir lastnail wrote on Oct 22nd, 2015 at 9:15am:
Lisa Jones wrote on Oct 21st, 2015 at 10:27pm:
I don't like that sort of thing either.



why ? That's what your government is encouraging. Also it doesn't add to the supply of housing because they just bring 3 more of their mates from china to occupy them Sad


Oh, you noticed my little post.

Interesting. Anyway....

1. Successive Labor AND Liberal govts are guilty of encouraging these types of developments.

2. There are various reasons as to why these types of developments have been allowed to continue.

3. Despite the minimum requisite impact assessment studies which are submitted for such developments, I personally don't think the long term effect of such developments on our society and on our environment are healthy or sustainable.









Their reasons insult peoples intelligence. Most people think that if it is such a great policy then why doesn't china allow it ?


Is that your way of saying that you agree with my post ?
Back to top
 

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 #253 - Oct 22nd, 2015 at 10:00am
 
Lisa Jones wrote on Oct 22nd, 2015 at 9:54am:
Sir lastnail wrote on Oct 22nd, 2015 at 9:31am:
Lisa Jones wrote on Oct 22nd, 2015 at 9:27am:
Sir lastnail wrote on Oct 22nd, 2015 at 9:15am:
Lisa Jones wrote on Oct 21st, 2015 at 10:27pm:
I don't like that sort of thing either.



why ? That's what your government is encouraging. Also it doesn't add to the supply of housing because they just bring 3 more of their mates from china to occupy them Sad


Oh, you noticed my little post.

Interesting. Anyway....

1. Successive Labor AND Liberal govts are guilty of encouraging these types of developments.

2. There are various reasons as to why these types of developments have been allowed to continue.

3. Despite the minimum requisite impact assessment studies which are submitted for such developments, I personally don't think the long term effect of such developments on our society and on our environment are healthy or sustainable.









Their reasons insult peoples intelligence. Most people think that if it is such a great policy then why doesn't china allow it ?


Is that your way of saying that you agree with my post ?


more like the other way around Wink
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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 #254 - Oct 22nd, 2015 at 10:03am
 
Sir lastnail wrote on Oct 22nd, 2015 at 10:00am:
Lisa Jones wrote on Oct 22nd, 2015 at 9:54am:
Sir lastnail wrote on Oct 22nd, 2015 at 9:31am:
Lisa Jones wrote on Oct 22nd, 2015 at 9:27am:
Sir lastnail wrote on Oct 22nd, 2015 at 9:15am:
Lisa Jones wrote on Oct 21st, 2015 at 10:27pm:
I don't like that sort of thing either.



why ? That's what your government is encouraging. Also it doesn't add to the supply of housing because they just bring 3 more of their mates from china to occupy them Sad


Oh, you noticed my little post.

Interesting. Anyway....

1. Successive Labor AND Liberal govts are guilty of encouraging these types of developments.

2. There are various reasons as to why these types of developments have been allowed to continue.

3. Despite the minimum requisite impact assessment studies which are submitted for such developments, I personally don't think the long term effect of such developments on our society and on our environment are healthy or sustainable.









Their reasons insult peoples intelligence. Most people think that if it is such a great policy then why doesn't china allow it ?


Is that your way of saying that you agree with my post ?


more like the other way around Wink


No.

You just assume a lot of things regarding me, my family and why we invest in property.

And you shouldn't.

Now...I need to get going.

Have a nice day.

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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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