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Fastest home loan growth in 12 years as banks target upgraders: Owner-occupied lending up 6.1%; ABS 5609.0 - Housing Finance, Australia, August 2015
Topic Started: 9 Oct 2015, 02:26 PM (5,525 Views)
Rastus2
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Shadow
14 Oct 2015, 05:36 PM
You've never confessed to any of these...

Speeding, jaywalking, parking without a ticket, using phone while driving, not having at least one hand on the wheel, driving through an orange light when you had time to stop, tooting the horn other than as a warning, resting your elbow on the car window ledge, forgetting to dip your headlights, downloading a song/movie without paying.

If you've never confessed, that confirms you've lied by omission. You should own up to your crimes, as I have done.

Perhaps you would be kind enough to link the post where I confessed, or even boasted of having broken the law to the extent that you have done with your bank ..


If you not 'too busy'... after all, I know scanning those pages must be taking a lot of your time... :D
Edited by Rastus2, 14 Oct 2015, 05:46 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Evil Mouzealot Specufestor

Rastus2
14 Oct 2015, 05:44 PM
Perhaps you would be kind enough to link the post where I confessed, or even boasted of having broken the law to the extent that you have done with your bank
You haven't confessed to your crimes yet (that's the lying by omission part).

At least I have owned up to mine.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Rastus2
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Shadow
14 Oct 2015, 05:48 PM

At least I have owned up to mine.


Oh, have you ? I thought you were just boasting as an anonymous person on this forum of your crimes but were going to keep the whole matter a secret from the bank.... well then, perhaps you will avoid jail and foreclosure after all.


So you have informed the Bank have you ? Would you care to share with us how that discussion went ? Perhaps you could share the email you sent ?


Oh, that's right.. you don't like to share personal financial matters such as loans details with the forum... just gloat when you defraud the bank as that's hardly personal or financial matter... it's more an illegal one.
Edited by Rastus2, 14 Oct 2015, 08:21 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Evil Mouzealot Specufestor

Rastus2
14 Oct 2015, 08:21 PM
perhaps you will avoid jail
Perhaps you will too, as long as you keep quiet about your crimes.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Rastus2
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Shadow
14 Oct 2015, 08:53 PM
Perhaps you will too, as long as you keep quiet about your crimes.

So what did the bank say when you 'owned' up to your crime ? You did say "At least I have owned up to mine.", so I assume you have actually owned up, as opposed to simply boasting about it on this forum...


What particular crimes do you have proof that I have commited or at the very least, some confession from me as having done ? So far, it seems I am guilty of reminding you of yours... Last time I checked, that does not impose a fine or me to be locked up.

I will ask my Minter's friend,but I suspect the punishment for that crime is to enjoy watching you squirm as you regret boasting so foolishlyof how dishonest and misleading you are for quite a while, especially while you were posting in another thread that you do not mislead people :re:

Oooh.. the Irony
Edited by Rastus2, 14 Oct 2015, 10:01 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Evil Mouzealot Specufestor

Rastus2
14 Oct 2015, 09:58 PM
What particular crimes do you have proof that I have commited or at the very least, some confession from me as having done
It's probably best if you don't confess or post proof.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Elastic
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For as long as I've known Shadow he has never once admitted to being wrong.
And that's good enough for me.
Only a rat can win a rat race.

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Rastus2
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Shadow
14 Oct 2015, 10:23 PM
It's probably best if you don't confess or post proof.
Why on earth would I do somthing so foolish as that ?


Only a complete imbecile would gloat on a popular public property forum that they are guilty of defrauding a bank who holds their entire future in it's greedy little hands while, simultaneously, arguing on another thread how they have not been misleading with their posts as they are not the kind of person who would do that.

It take a new level of imbecile to be making some kind of 'authoritative' sounding claims of the very capability of banks to foreclose (or demand equity injections) based on loan contracts while having actually never read the entire contents of the documents he was debating about in the 1st place.

To top it off, to have shown complete disregard or lack of understanding for one of the most basic clauses in the mortgage documents, being that the borrower is required to give no misleading information to the lender at any time for the life of the contract. It is core to the very contract itself.

It's hard to not admire your balls, although I suspect their size was more through misfortune and risk taking than actual bravery itself.


Now you said that you 'owned up to your crime'... how exactly did you deem yourself to have done that ? Phoned the bank ? emailed them ? perhaps visited your local police station ? or did you consider boasting on this forum as somehow 'owing up to your crime' ?

Edited by Rastus2, 14 Oct 2015, 11:48 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Shadow
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Evil Mouzealot Specufestor

Rastus2
14 Oct 2015, 11:45 PM
Why on earth would I do somthing so foolish as that ?
I don't think you should - no point going to jail if you can avoid it.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
Rastus2
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Shadow
15 Oct 2015, 12:21 AM
I don't think you should - no point going to jail if you can avoid it.
Especially if I have not broken any laws in the first place that would send me to jail.


Anyway, I hope you do come clean with your bank... while your quite odd, and very irritating, it would be a bit sad to suddenly not see you posting 18+ hours a day, 6 days a week on this forum.

I doubt the financial benifit is worth the loss of sleep worrying if/when they will uncover your indiscretion or the financial pain they can inflict.

While you might consider yourself smarter than the bank, we both know that is, quite likely, not the case at all.

Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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