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Sydney property price collapse has started (Read 21395 times)
Ex Dame Pansi
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Re: Sydney property price collapse has started
Reply #90 - Oct 19th, 2015 at 5:37pm
 
mariacostel wrote on Oct 19th, 2015 at 5:02pm:
Aussie wrote on Oct 19th, 2015 at 4:37pm:
Dunno if this has already been posted but I believe  the Reserve Bank Governor Glenn Stevens, and certainly not 'Maria.'

Link.

Quote:
"I am very concerned about Sydney, I think some of what's happening is crazy, but we've got a national focus to manage as well - that just increases the complexity.


Given that Stevens comments were about as general and pointless as one could make, exactly how did he disagree with me on ANYTHING?



Not pointless, he's giving the thumbs up to make a quick exit for anyone that's up to their neck in debt, but only the smart folk will latch onto that.


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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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mariacostel
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Re: Sydney property price collapse has started
Reply #91 - Oct 19th, 2015 at 6:06pm
 
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


But your language is the language of an uneducated stalker who is unable to distinguish a slow down from a crash. See, this is what real schools teach real students... nuance, context and in your case, the actual meanings of words.

Imagine what you might have achieved if you had gone to a proper school and were born with an IQ of three digits. But instead, you are a taxi driver and stalker - which tends to be a common intersection.
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Bobby.
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Re: Sydney property price collapse has started
Reply #92 - Oct 19th, 2015 at 6:09pm
 
mariacostel wrote on Oct 19th, 2015 at 11:43am:
lee wrote on Oct 19th, 2015 at 10:13am:
I am glad I live in the country, with a quarter acre block. Fruit trees, chooks, 10m x 4m shed with woodworking and metalworking equipment.


Some days that sounds very tempting (apart from the chooks!). 
Our house is valued at $2.2M apparently but some days I'd rather be in the country.



Longy,

your old fibro dump in Adelaide is not worth $2.2 million.    Grin
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Re: Sydney property price collapse has started
Reply #93 - Oct 19th, 2015 at 6:17pm
 
mariacostel wrote on Oct 19th, 2015 at 6:06pm:
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


But your language is the language of an uneducated stalker who is unable to distinguish a slow down from a crash. See, this is what real schools teach real students... nuance, context and in your case, the actual meanings of words.

Imagine what you might have achieved if you had gone to a proper school and were born with an IQ of three digits. But instead, you are a taxi driver and stalker - which tends to be a common intersection.


Your level of personal abuse is appalling, constant and wide spread and I have no idea why you are allowed to continue posting here. 

That said, if that property of yours dropped in value down from $M2.2 to $M1.65
in just five months
, that would just be a 'slow down.'

Okay, now I understand.
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Bobby.
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Re: Sydney property price collapse has started
Reply #94 - Oct 19th, 2015 at 6:19pm
 
Aussie wrote on Oct 19th, 2015 at 6:17pm:
mariacostel wrote on Oct 19th, 2015 at 6:06pm:
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


But your language is the language of an uneducated stalker who is unable to distinguish a slow down from a crash. See, this is what real schools teach real students... nuance, context and in your case, the actual meanings of words.

Imagine what you might have achieved if you had gone to a proper school and were born with an IQ of three digits. But instead, you are a taxi driver and stalker - which tends to be a common intersection.


Your level of personal abuse is appalling, constant and wide spread and I have no idea why you are allowed to continue posting here. 

That said, if that property of yours dropped in value down from $M2.2 to $M1.65
in just five months
, that would just be a 'slow down.'

Okay, now I understand.



Abuse - yes -

that's why Longy had to change his name to Maria.

He was banned.
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Re: Sydney property price collapse has started
Reply #95 - Oct 19th, 2015 at 6:44pm
 
Bobby. wrote on Oct 19th, 2015 at 6:09pm:
mariacostel wrote on Oct 19th, 2015 at 11:43am:
lee wrote on Oct 19th, 2015 at 10:13am:
I am glad I live in the country, with a quarter acre block. Fruit trees, chooks, 10m x 4m shed with woodworking and metalworking equipment.


Some days that sounds very tempting (apart from the chooks!). 
Our house is valued at $2.2M apparently but some days I'd rather be in the country.


Longy,

your old fibro dump in Adelaide is not worth $2.2 million.    Grin


Correction. Longy could get $2.2 million Zimbabwe dollars with some hard bargaining. About A$ 8000 at current exchange rate. Could be even less if he tarries to the bank to exchange it for real money.
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“I’ll let you be in my dreams if I can be in yours” Bob Dylan
 
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mariacostel
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Re: Sydney property price collapse has started
Reply #96 - Oct 19th, 2015 at 7:33pm
 
Aussie wrote on Oct 19th, 2015 at 6:17pm:
mariacostel wrote on Oct 19th, 2015 at 6:06pm:
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


But your language is the language of an uneducated stalker who is unable to distinguish a slow down from a crash. See, this is what real schools teach real students... nuance, context and in your case, the actual meanings of words.

Imagine what you might have achieved if you had gone to a proper school and were born with an IQ of three digits. But instead, you are a taxi driver and stalker - which tends to be a common intersection.


Your level of personal abuse is appalling, constant and wide spread and I have no idea why you are allowed to continue posting here. 

That said, if that property of yours dropped in value down from $M2.2 to $M1.65
in just five months
, that would just be a 'slow down.'

Okay, now I understand.


Perhaps you need to research what a 'clearance rate' is. Just a clue: it isn't the PRICE.

You really are quite dim aren't you, stalker?
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Re: Sydney property price collapse has started
Reply #97 - Oct 19th, 2015 at 7:36pm
 
No, I do not need to do any research.  I know what the terms means.  So, how about that hypothetical drop in value of your property?  Is that more of a slow down or a crash?
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Bobby.
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Re: Sydney property price collapse has started
Reply #98 - Oct 19th, 2015 at 7:45pm
 
mariacostel wrote on Oct 19th, 2015 at 7:33pm:
Aussie wrote on Oct 19th, 2015 at 6:17pm:
mariacostel wrote on Oct 19th, 2015 at 6:06pm:
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


But your language is the language of an uneducated stalker who is unable to distinguish a slow down from a crash. See, this is what real schools teach real students... nuance, context and in your case, the actual meanings of words.

Imagine what you might have achieved if you had gone to a proper school and were born with an IQ of three digits. But instead, you are a taxi driver and stalker - which tends to be a common intersection.


Your level of personal abuse is appalling, constant and wide spread and I have no idea why you are allowed to continue posting here. 

That said, if that property of yours dropped in value down from $M2.2 to $M1.65
in just five months
, that would just be a 'slow down.'

Okay, now I understand.


Perhaps you need to research what a 'clearance rate' is. Just a clue: it isn't the PRICE.

You really are quite dim aren't you, stalker?



Longy - stop posting dreams about your old fibro dump in Adelaide.

Nail's car costs more than your dump.
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Johnsmith
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Re: Sydney property price collapse has started
Reply #99 - Oct 19th, 2015 at 7:48pm
 
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


I don't think you understand what a crash is .... it has nothing to do with how many properties are sold. It has to do with the prices they are sold at. They could have a ZERO percent clearance rate and it still wouldn't be a crash provided the prices remained stable
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When politicians offer you something for nothing, or something that sounds too good to be true, it's always worth taking a careful second look.
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Lisa Jones
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Re: Sydney property price collapse has started
Reply #100 - Oct 19th, 2015 at 7:56pm
 
Wolseley wrote on Oct 19th, 2015 at 12:07am:
Johnsmith wrote on Oct 16th, 2015 at 3:54pm:
5% isn't a crash, it's not even a hiccup. Sydney prices went up 20% in the last 12 months alone.


Exactly. 

It is just a market correction, bringing prices that rose a bit too quickly back to a more realistic figure.  At 15%, you're still in front.  Nobody with a reasonable amount of intelligence would call a 5% drop in these circumstances a crash.


Correct!

I've not been online much....so I've not read much of this topic.

Has some clueless nong suggested we're experiencing a property crash here in SYDNEY lol ???
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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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Lisa Jones
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Re: Sydney property price collapse has started
Reply #101 - Oct 19th, 2015 at 8:03pm
 
mariacostel wrote on Oct 19th, 2015 at 6:06pm:
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


But your language is the language of an uneducated stalker who is unable to distinguish a slow down from a crash. See, this is what real schools teach real students... nuance, context and in your case, the actual meanings of words.

Imagine what you might have achieved if you had gone to a proper school and were born with an IQ of three digits. But instead, you are a taxi driver and stalker - which tends to be a common intersection.


Ohhhhhhhhh  Angry

So Aussie's been stalking YOU today eh Maria?

Unfortunately, his way of coping if I'm not online....is to look for a substitute prey. Cry





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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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Re: Sydney property price collapse has started
Reply #102 - Oct 19th, 2015 at 8:03pm
 
Lisa Jones wrote on Oct 19th, 2015 at 7:56pm:
Wolseley wrote on Oct 19th, 2015 at 12:07am:
Johnsmith wrote on Oct 16th, 2015 at 3:54pm:
5% isn't a crash, it's not even a hiccup. Sydney prices went up 20% in the last 12 months alone.


Exactly. 

It is just a market correction, bringing prices that rose a bit too quickly back to a more realistic figure.  At 15%, you're still in front.  Nobody with a reasonable amount of intelligence would call a 5% drop in these circumstances a crash.


Correct!

I've not been online much....so I've not read much of this topic.

Has some clueless nong suggested we're experiencing a property crash here in SYDNEY lol ???


It's had the same Thread Title as it had when you made Posts # 7, 14, 17.20 21, 28 and 30 above.
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Lisa Jones
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Re: Sydney property price collapse has started
Reply #103 - Oct 19th, 2015 at 8:05pm
 
Aussie wrote on Oct 19th, 2015 at 8:03pm:
Lisa Jones wrote on Oct 19th, 2015 at 7:56pm:
Wolseley wrote on Oct 19th, 2015 at 12:07am:
Johnsmith wrote on Oct 16th, 2015 at 3:54pm:
5% isn't a crash, it's not even a hiccup. Sydney prices went up 20% in the last 12 months alone.


Exactly. 

It is just a market correction, bringing prices that rose a bit too quickly back to a more realistic figure.  At 15%, you're still in front.  Nobody with a reasonable amount of intelligence would call a 5% drop in these circumstances a crash.


Correct!

I've not been online much....so I've not read much of this topic.

Has some clueless nong suggested we're experiencing a property crash here in SYDNEY lol ???


It's had the same Thread Title as it had when you made Posts # 7, 14, 17.20 21, 28 and 30 above.


Speaking of clueless nongs.....
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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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Lisa Jones
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Re: Sydney property price collapse has started
Reply #104 - Oct 19th, 2015 at 8:06pm
 
Johnsmith wrote on Oct 19th, 2015 at 7:48pm:
Aussie wrote on Oct 19th, 2015 at 5:32pm:
mariacostel wrote on Oct 19th, 2015 at 5:21pm:
Aussie wrote on Oct 19th, 2015 at 5:13pm:
Did I read somewhere today that the Sydney auction clearance rate over the week-end was down to around 60%?  That also supports the article I linked, and destroys 'Maria's' garbage.


The only point I have been making, stalker, is that there is not crash taking place or indeed very likely. 65% clearance rate is hardly a crash. Come back to me when it is lower than 5%.


A 25% drop in clearance rates in five months is a crash in my language.  If melielongtime was here, he could sort this out.  He is 'that good.' especially on maths.


I don't think you understand what a crash is .... it has nothing to do with how many properties are sold. It has to do with the prices they are sold at. They could have a ZERO percent clearance rate and it still wouldn't be a crash provided the prices remained stable


Not 100% true my dear friend.
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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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