If you can't find the data that's OK Ted. I'm sure prices are collapsing everywhere in your mind, and that's the important thing. Keep the faith. Believe.
If you can't find the data that's OK Ted. I'm sure prices are collapsing everywhere in your mind, and that's the important thing. Keep the faith. Believe.
Just like always , not the slightest hope in hell of making any argument whatsoever from anything else in that post I asked of you.
Why not make thenobviuos any morenobviuos shadow. And what does this really say
If you can't find the data that's OK Ted. I'm sure prices are collapsing everywhere in your mind, and that's the important thing. Keep the faith. Believe.
I fear that our bubble is too big now to pop. The bubble should have popped years ago, but we can now see that the government will really do whatever it takes to keep it inflated. And the cost doesn’t matter. If it means pumping more funds into negative gearing then that’s what we have to do. If it takes funds from productive aspects of the economy then again, that’s what we have to do. In fact, that’s what we’ve already done and we see the economy worsening every day as businesses close and jobs are cut back. And those who do plunge into a mortgage become debt slaves for most of their working lives. Heaven help them if they lose their jobs! But on the bright side – the magic pudding keeps rising. And those who are getting richer by the day are happy.
So if it means we all have to squeeze in a whole lot more while hordes of immigrants flood our cities, then that cost must be borne. If a generation can’t buy a home and has to live with their parents or has to subsist in a dogbox, then we’ll do it for the sake of the bubble. And if it means that we sell the whole country to foreign investors then it’s a no-brainer – no cost is too large when it comes to propping up our housing bubble.
And after all that, we are lectured daily by the press that there is no bubble. If we continue on this way, they say, then there might be the tiniest chance of a bubble at some time in the future, but for now the b word is taboo.
So what I’ve learned since the a GFC is that the bubble has no ceiling. And the government, banks and real estate industry will make sure of that.
Wow - it's idiots like you that convince me this country is fucked.
You really drank *all* the kool-aid, didn't you?
You could do with something to drink yourself to wash the bitterness outta your mouth from all the lemons you have been sucking.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
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