Welcome Guest [Log In] [Register]


Reply
An historical event about to take place in Australia; Rental prices have peaked in ALL capitals and will now decline for years
Topic Started: 13 Jul 2014, 06:59 PM (18,306 Views)
Chris
Default APF Avatar


Rat
16 May 2017, 06:03 PM
Sure, but not by you, nor by the guy who still can't spell 'yield'.
I meant 'challenged' more as a mental deficiency rather than a scholastic environment.

Thanks for the laugh though
Profile "REPLY WITH QUOTE" Go to top
 
Rat
Member Avatar
Filthy Rodent

Chris
16 May 2017, 07:33 PM
I meant 'challenged' more as a mental deficiency rather than a scholastic environment.
Yet I'm the one with all the houses...
Tommy
16 May 2017, 06:42 PM
If you answer a mathematical question with a remark about grammar ?
What was the mathematical question?
Edited by Rat, 16 May 2017, 08:49 PM.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
Profile "REPLY WITH QUOTE" Go to top
 
Tommy
Default APF Avatar


Rat
16 May 2017, 08:48 PM
Yet I'm the one with all the houses...

What was the mathematical question?
What was the mathematical question? ... :re:

" I'm the one with all the houses " bahahahaha
IQ test : how many houses do you have? Hahaha

Keep em coming... classic
Profile "REPLY WITH QUOTE" Go to top
 
Rat
Member Avatar
Filthy Rodent

Tommy
16 May 2017, 09:46 PM
What was the mathematical question? ... :re:
" I'm the one with all the houses " bahahahaha
IQ test : how many houses do you have? Hahaha
Keep em coming... classic
Eh?
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
Profile "REPLY WITH QUOTE" Go to top
 
Tommy
Default APF Avatar


Rat
16 May 2017, 10:01 PM
Eh?
Eh? ... :bl:

Hmmm..we might have to rethink that IQ Test....
Profile "REPLY WITH QUOTE" Go to top
 
Rat
Member Avatar
Filthy Rodent

Rufus
16 May 2017, 05:40 PM
You won't get one here.
Indeed. I miss the old GHPC days when the bears had some intelligence. Even Moops could mount a better argument than this lot. Most of their posts are just random nonsense interspersed with 'bahahaha'.
Edited by Rat, 16 May 2017, 10:39 PM.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
Profile "REPLY WITH QUOTE" Go to top
 
Tommy
Default APF Avatar


Rat
16 May 2017, 10:37 PM
Indeed. I miss the old GHPC days when the bears had some intelligence. Even Moops could mount a better argument than this lot. Most of their posts are just random nonsense interspersed with 'bahahaha'.
Just leave then. :bye:
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Rat
16 May 2017, 08:48 PM
Yet I'm the one with all the houses...
You mean DEBT.....
Profile "REPLY WITH QUOTE" Go to top
 
Rat
Member Avatar
Filthy Rodent

Simon_S
17 May 2017, 12:40 AM
You mean DEBT.....
Small amount of debt. Pretty insignificant relevant to the equity. (yes yes, I know, the equity is all going to vanish in a few months when the 60% crash finally arrives etc etc :re: ).

Meanwhile, Sydney rents are higher than they have ever been in recorded history. Tough times for the renter caste...

https://www.domain.com.au/news/rental-stress-to-be-the-norm-for-sydney-tenants-rental-affordability-index-shows-20170515-gw5l9h/

Sydney rent affordability falls to a record low

Supply is tight and rents have continued to rise for the March quarter.

May 17, 2017

As the end of the week rolls around, Albert Santos and his fiancee Jenny Armas have little left in the bank to get by.

After paying for groceries and bills, they then fork out almost half of their income on rent for an old two-bedroom apartment in Parramatta. Saving for their wedding, let alone a first home, is pretty much out of the question.

“We’re paying $430 a week, that’s more than $1700 a month, that’s about 40 to 50 per cent of our joint income, and we’re lucky it’s not much more,” Mr Santos, a freelance writer, said. Ms Armas is an occupational therapist.

Rental affordability in Sydney has fallen to a record low, with the average tenant spending 29 per cent of their household income on accommodation, pushing them towards the rental stress threshold of 30 per cent.

The latest Rental Affordability Index (RAI) shows great tracts of Sydney are out of reach for families on moderate incomes of $140,000.

A single parent earning $70,000 would struggle to rent an affordable two-bedroom home within 40 kilometres of Sydney’s CBD, according to the data to be released on Tuesday.

The executive officer of Australia’s peak housing body National Shelter, Adrian Pisarski, said Sydney was the least affordable part of Australia with no signs of improvement.

“It’s deteriorated further – we didn’t think that was possible in Sydney,” he said.

“The lower down the income scale you go, the worse it gets but even for moderate income earners, much of Sydney is unaffordable. Renters in Sydney are right on the threshold of disaster. The average renter is approaching housing stress.”
Edited by Rat, 17 May 2017, 04:23 PM.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Rat
17 May 2017, 04:22 PM
Small amount of debt. Pretty insignificant relevant to the equity.

LOL.......on 7 properties.......Keep pretending.

Your equity will evaporate in the Next Crisis.
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
DealsFor.me - The best sales, coupons, and discounts for you
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy