Except for when you were posting as Michael of Sydney on news.com.au articles claiming it would be a million by 2011.
Not me. Some people used to say MoS was BearTrap, but since BearTrap has a 103% success rate with his predictions, it can't have been him either.
goldbug
5 Sep 2014, 09:00 PM
I can't see Sydney going any higher...
You've been saying that for years under this account and your previous 'FrankRider' account (which you abandoned when all its predictions failed to eventuate).
Yet Sydney prices and rents went higher and higher. House prices up 50% in the past five years. Rents up 20% in five years.
The price of gold has actually fallen since early 2009, with zero rent of course. Face it, you don't have a clue.
Ex BP Golly
6 Sep 2014, 09:32 AM
so it could be by 2016 then Shady? Of course transmuting into "will approach $1,000,000". Those things on the end of your hands are fingers mate. You really are pulling the wrong thing Mr 10 dicks.
Sorry, I have no idea what any of that mess means. Gibberish and lots of smileys at half nine on Friday night, so I assume alcohol was involved?
My prediction is that the Sydney median house price will approach $1M by 2015 as measured by the Residex index. I haven't specified any particular day or month in 2015.
That prediction is unchanged.
You made a prediction Shady, and then continually move the goal posts as per this quote above.
Here you have slided along to "approaching $1m" and turned it into "by 2016".
edit: a tramsmutaion? : End edit
The bold arsed lie is of course your statement "the prediction remains unchanged".
Sorry the smiley faces stuffed up your ability to concentrate you slippery little snake.
The prediction hasn't changed since 2008. Since late 2008 it has always been 'approach $1M by 2015'.
Some here will remember discussing it on Credit Crunch back in 2009 and on GHPC in 2008.
The word 'approach' has always been there and '2015' has always been there.
And obviously if something happens by 2015 then it also happens by 2016 and by 2017 etc. so I'm not sure what your point is there.
Something happening " by 2015" would end 31 Dec 2014, and might include Jan 1 2015 at a stretch- and there the confusion should end
But you have stretched it out a full year to include any date in 2015 - thus 31 Dec 2015 which would then be 'by 2016'.
And further to the point of the utility of your prediction, if median house prices in 2008 were $.5m and by 2016 went up say a lousy $20,000, you could claim that you were right and indeed the prices are "approaching $1m" given they hadnt dropped to $499,999 and were thus receeding from $1m.
Something happening " by 2015" would end 31 Dec 2014, and might include Jan 1 2015 at a stretch- and there the confusion should end
Incorrect. 2015 isn't a single point in time. It actually lasts for an entire year (365 days). Check your calendar if you don't believe me. If I tell my boss I'll have the report by Friday, then I can have it on Friday - it doesn't need to be on Thursday. At school when you were told your homework had to be handed in by Friday, did you assume that meant you needed to hand it in on Thursday? Of course not - it can be handed in on Friday. If the post office says you can expect the parcel by Wednesday, do you think that means they are committing to deliver on Tuesday?
The word you are confusing 'by' with is 'before'. 'By' is not the same word as 'before' - they are completely different words.
Quote:
Not sure why anyone engages with you Shady.
I think they hate the fact that I'm right all the time, so they are desperate to try and prove me wrong on something. But usually they just end up making idiots of themselves as you have done. Don't worry - you're not the first and you won't be the last.
Sydney house prices to approach $1M by 2015 as measured by the Residex index. Since 2008 that prediction has not changed. There was a preliminary prediction of $1.25M that I made earlier in 2008, but that was based purely on extrapolating a line on a chart, and I only briefly mentioned it once, and then quickly refined it (based on a more detailed analysis of the data) to arrive at the current prediction, which has remained unchanged since 2008.
Incorrect. 2015 isn't a single point in time. It actually lasts for an entire year (365 days). Check your calendar if you don't believe me. If I tell my boss I'll have the report by Friday, then I can have it on Friday - it doesn't need to be on Thursday. At school when you were told your homework had to be handed in by Friday, did you assume that meant you needed to hand it in on Thursday? Of course not - it can be handed in on Friday. If the post office says you can expect the parcel by Wednesday, do you think that means they are committing to deliver on Tuesday?
The word you are confusing 'by' with is 'before'. 'By' is not the same word as 'before' - they are completely different words.
I think they hate the fact that I'm right all the time, so they are desperate to try and prove me wrong on something. But usually they just end up making idiots of themselves as you have done. Don't worry - you're not the first and you won't be the last.
Sydney house prices to approach $1M by 2015 as measured by the Residex index. Since 2008 that prediction has not changed. There was a preliminary prediction of $1.25M that I made earlier in 2008, but that was based purely on extrapolating a line on a chart, and I only briefly mentioned it once, and then quickly refined it (based on a more detailed analysis of the data) to arrive at the current prediction, which has remained unchanged since 2008.
LOL, so much anger. Yes, I said 'by', not 'before'. Like if Amazon promises to deliver your goods by Friday, it means they've got until the end of Friday to deliver.
I suppose you'd be on the phone to them on Thursday afternoon ranting like a lunatic and abusing them for not delivering on time.
Same goes for 'by' 2015... I've got until the end of the year.
Try not to forget that 2015 lasts for an entire year. This is the part your getting confused over. Believe it or not, it's actually still 2015 on 31st December 2015, right up to an instant before midnight. If you don't believe me, check your calendar. And then feel free to apologise.
So we'll find out whether or not I was right by February 2016 when the Residex results for December 2015 are released.
It will be a joyous occasion for bulls across the land.
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