It's already over and the bulls won, and it ended well for us.
It's funny. For the past eight years, the bears have been continually predicting an imminent 40% crash. Back in 2007, Rastus was one of the moderators on GHPC, which was bear central at the time and those guys were all 100% convinced house prices were about to collapse. Golly was the same on Bubblepedia. They were absolutely certain that the bears would win and the bulls would lose.
But now eight years later, the victory of the bulls is so massive, and so complete, that those same bears who were predicting 40% crashes are forced to nitpick at the bull position, with stuff like "Sydney has only increased from $550K to $1.1M, and you said it would reach $1.2 million so there!". They conveniently forget that the bulls not only got the direction right, but they were also extremely close with the magnitude.
The bears didn't even get the direction right. No wonder they're so angry and abusive these days. They've spent nearly a decade being wrong.
It's funny. For the past eight years, the bears have been continually predicting an imminent 40% crash. Back in 2007, Rastus was one of the moderators on GHPC, which was bear central at the time and those guys were all 100% convinced house prices were about to collapse. Golly was the same on Bubblepedia. They were absolutely certain that the bears would win and the bulls would lose.
But now eight years later, the victory of the bulls is so massive, and so complete, that those same bears who were predicting 40% crashes are forced to nitpick at the bull position, with stuff like "Sydney has only increased from $550K to $1.1M, and you said it would reach $1.2 million so there!". They conveniently forget that the bulls not only got the direction right, but they were also extremely close with the magnitude.
The bears didn't even get the direction right. No wonder they're so angry and abusive these days. They've spent nearly a decade being wrong.
It's amazing, they are the only people in the world where being wrong constantly just makes it more likely you will be correct in the future.
They need a 60% crash at this point. It's not going to happen.
Pretty close, considering Sydney was only at $550K in 2008 when that prediction was made! What did the bears predict... a 40% crash from 2008 levels? Fortunately I loaded up on Sydney property back then, and didn't listen to you guys. According to the bears, Sydney should be around $330K now...
I'm glad I loaded up on Sydney property and didn't listed to the bears.
You have a spelling error. You also neglect to answer questions when asked.
Sydney stuff? well you are not the only one in Sydney who done ok, you haven't reached the level of not having a chain around your neck with the bank no more, there is smarter people who have achieved heaps more than you.
Gold stuff?
Its about timing, some people globally have done ok, some do not.
Rastus2
3 Dec 2015, 09:06 PM
Really ? How much do i claim to have ?
Enlighten us...
Lol, not at all.. stop being so emotional.. a quite like buffoons...
Your like mal brough.... confessed to the world, but demands he did not.
It is not being emotional it wants to try to challenge to prove you are in the wrong, it wants you to make the effort not it... it throws what you have challenged as an ignore and wants to discredit.
It dislikes the fact that some can see its imperfections, its debating tactics is dreadful.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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