There is a cycle. Those factors you mentioned are key drivers of it.
All the factors I mention change and do not remain constant so no 'cycle' can result from them. The cycle is a belief system held by the Bulls to make them feel better. Simple as that.
Problem is there is no property cycle. All factors such as credit availility, tax and demographics do not remain constant and thinking there is a property cycle is delusional.
The property cycle means prices sometimes move up, sometimes down To say theres no cycle means you must think prices only go one way History shows this not to be the case Prices rise AND fall
All the factors I mention change and do not remain constant so no 'cycle' can result from them. The cycle is a belief system held by the Bulls to make them feel better. Simple as that.
I disagree. Property goes through periods of price increase, price stagnation and price increase. This IS the cycle.
Yep, it is indeed a bit vague. It also doesn't apply consistently.
That said, definition issues probably cause more than half the disagreements on this forum.
100% agree. For example the common definition of bull or bear on this forum to me is stupid as. It needs to apply here only to houses as I am now a raging bull on gold and remain a bull on commercial in some of regional australia, like Toowomba. These views do change with time and are not as black and White as this forum presents them as.
100% agree. For example the common definition of bull or bear on this forum to me is stupid as. It needs to apply here only to houses as I am now a raging bull on gold and remain a bull on commercial in some of regional australia, like Toowomba. These views do change with time and are not as black and White as this forum presents them as.
Noted. Bulls do not say buy now but do laught at those who did not buy and now some bulls are not buying. Got it.
I don't laugh at the kids who were sold a lemon and are sitting around with their lives on hold awaiting a fantasy crash. I genuinely worry about them and feel angry at the people who tell them these lies.
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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