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Perth $30K FHB promotion; Why so desperate?
Topic Started: 19 Aug 2015, 12:54 AM (9,002 Views)
Matthew
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zaph
20 Aug 2015, 10:38 AM
Smug and arrogant!
What is smug and arrogant about pointing out the obvious?
The Whole Truth
20 Aug 2015, 11:34 AM
That's what all the idiots in the US said before their collapse :lol
And now it is cheaper to buy in the US but there have been so many job losses and such inflation in everything but wages, home sales have stayed in the bin.

You're an idiot mattie, a masturbatory idiot who's living in the 20th century. You'll spend your retirement eating out of wheeli bins the way you are going.
yet again your vitriol makes no sense. Drop the anger and try and make an actual point peanut.
Chris
20 Aug 2015, 11:09 AM
You think he's arrogant, you should see the bloke that's got his hand up his arse!!

Sockery, pure sockery (like trickery but more disturbing).
no sockery. You will be happy to know I am an entirely different person who thinks you are fucked in the head. Must be a long list though
newjez
20 Aug 2015, 06:41 AM
Matty must be wearing granny nappies.
Not buying, not selling. I think prices will fall 5% - 10%. Why exactly would I be wearing Granny nappies?
Jimbo
20 Aug 2015, 06:59 AM
The bottom line is that with historically low interest rates and no lack of supply, Perth can only shift 50 blocks of sand a week (against 200 a week last year).

And you can not see the future problem with this Jimbo? You truly are an idiot.
Edited by Matthew, 20 Aug 2015, 11:42 AM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Perthite
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newjez
20 Aug 2015, 06:41 AM
reiwa figures out. Sales down, listings on the rise. Explains the lack of demand in new builds. Perth looks troubled. China on a knife edge. Matty must be wearing granny nappies.
Looks like listings are making a break for a new peak.

http://reiwa.com.au/about-us/news/perth-market-snapshot-for-the-week-ending-18-august/
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newjez
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Perthite
20 Aug 2015, 12:07 PM
Listings for sale up. Listings for rent down. It's not rocket science.

Rats fleeing a sinking ship.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Chris
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Matthew
20 Aug 2015, 11:36 AM
no sockery. You will be happy to know I am an entirely different person who thinks you are fucked in the head. Must be a long list though

Maybe, but I would care for their opinion as much as I would for yours.

For a wealthy, superior individual Matthew you seem to be carrying a lot of frustration and anger. You might need to talk to someone, seek some help, it will be ok.
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Matthew
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Chris
20 Aug 2015, 04:12 PM
Maybe, but I would care for their opinion as much as I would for yours.

For a wealthy, superior individual Matthew you seem to be carrying a lot of frustration and anger. You might need to talk to someone, seek some help, it will be ok.
I am not "superior" - certainly never claimed to be. Will not see me posting photos of my bank balance like old Jimbo.

Not frustrated or angry either.

Just a low tolerance for self righteous fuckwits like your good self.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Jimbo
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Matthew
20 Aug 2015, 04:25 PM
I am not "superior" - certainly never claimed to be.
Just tell everyone about the three expensive cars and a boat in the garage of one of your many properties in superior suburbs.

Slag off anyone who lives more than 30 minutes from the city and tell us all about your holidays staying in 5 star luxury hotels. No shred of evidence. A complete fantasy. Wiki quotes made out to be your own words.

The truth is Mathew, you are (at best) a Johnny come lately, over leveraged property "investor" who is shitting his pants at the prospect of losing his shirt.

So you come on here (and PN) and you have your own little blog as well. Sole purpose being to keep people buying into the Ponzi that is the Perth property investment market.

Kid everyone that you have become rich and successful from owning a few IP's. Everyone can do it, isn't that right Gary?

Because if people stop buying in, you can't get out.




Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Veritas
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newjez
20 Aug 2015, 03:58 PM
Listings for sale up. Listings for rent down. It's not rocket science.

Rats fleeing a sinking ship.
Shadow might tell us what part of the cycle this is and where we can read more about it.
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?

The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly.
Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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The Whole Truth
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Matthew
20 Aug 2015, 04:25 PM


Not frustrated or angry either.

Just a low tolerance for self righteous Rant Rant RANT!!!!
Angry Much mattie.
Losing the plot... Big time.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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skamy
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Matthew
19 Aug 2015, 05:43 PM
2010 - 24,830 (5.5% above average)
2011 - 19,720 (16.2% below average)
2012 - 20,110 (14.5% below average)
2013 - 26,160 (11.2% above average)
2014 - 32,120 (36.5% above average)

5 years - 122,940 (4.5% above average)

There has been a boom for 2 years, not 5.

4.5% above the 12 year average is not a boom in anybody's language.

And the average is a historical average not taking into account population change (population grew at an average of 49,600 people over those 5 years, up 8.3% on the 45,775 people per annum between 2003 and 2014)

Post all the charts you want, they will just prove you can not understand the difference between data and information.
Veritas is just a liar I have been through all this with him before. He has no interest in facts such as the phenomenally reduced household formation rates since the GFC.

He is wasting rent money and has to tell himself fairytales to convince himself he made the right decisions in 2012.

The Perth market has been stagnant since 2007 and even the slightly higher build rates last year hardly dents the backlog from the huge population growth since 2007.
Posted Image
zaph
20 Aug 2015, 10:38 AM
Smug and arrogant!
To cowardly to debate in a thread where you have no knowledge of the facts so you act like a child and call silly names.
Edited by skamy, 20 Aug 2015, 05:34 PM.
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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Veritas
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skamy
20 Aug 2015, 05:30 PM
Veritas is just a liar I have been through all this with him before. He has no interest in facts such as the phenomenally reduced household formation rates since the GFC.

He is wasting rent money and has to tell himself fairytales to convince himself he made the right decisions in 2012.

The Perth market has been stagnant since 2007 and even the slightly higher build rates last year hardly dents the backlog from the huge population growth since 2007.
Posted Image

To cowardly to debate in a thread where you have no knowledge of the facts so you act like a child and call silly names.
Quote:
 
The Perth market has been stagnant since 2007 and even the slightly higher build rates last year hardly dents the backlog from the huge population growth since 2007.


Lol... the how do you explain the fact that there are 10,000 empty rental properties you muppet?

Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?

The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly.
Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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