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Foxbats new prediction; House prices and all assets to come under pressure
Topic Started: 25 Nov 2015, 06:17 PM (59,378 Views)
Matthew
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foxbat
23 Jan 2016, 12:07 AM
Ok,
I like the effort.
Well done, can we review this in say 12 months??
Review it whenever you like. Can you stop talking about it until then though? It is proven that prices have not fallen 40% in real terms, in either A$ or US$ so do us all a favour and let it go for 12 months and we will look at it again then.

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In the meantime could you give me the real price fall for Karratha and Port Hedland.
No, neither are in Perth, both are boom bust markets. If you want to find the answer do your own research.

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Thanks

Peter
You are welcome.

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Also please add in all additions improvements that create the base cost of the Perth homes to get that average price.
That is not quantifiable.

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(what I am alluding to hear my dear friend is that houses after they are bought are improved, this cost along with all other costs must be deducted from the sale price to come up with the true"growth" in house prices)
I know what you are alluding to Drunkbat. Funnily enough when I said we are building larger and more expensive homes driving up the prices you said houses become cheaper over time. Now you want to acknowledge the same thing a different way? I knew you weren't the sharpest knife in the block but fair dinkum....

My only hope for my three boys is that they turn out nothing at all like Chris.
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Foxy
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Zero is coming...

Matthew
25 Jan 2016, 05:04 PM
Review it whenever you like. Can you stop talking about it until then though? It is proven that prices have not fallen 40% in real terms, in either A$ or US$ so do us all a favour and let it go for 12 months and we will look at it again then.


No, neither are in Perth, both are boom bust markets. If you want to find the answer do your own research.


You are welcome.


That is not quantifiable.


I know what you are alluding to Drunkbat. Funnily enough when I said we are building larger and more expensive homes driving up the prices you said houses become cheaper over time. Now you want to acknowledge the same thing a different way? I knew you weren't the sharpest knife in the block but fair dinkum....
Yes dumb dumb, no dumb dumb, yes dumb dumb no dumb dumb, can i stop now.


Just because YOU can not quantify it, it does not mean it is not important or should be overlooked.

Fuckwit number one buys a car for $10,000, spends $5,000 on it, sells it to his mate Mathews for $11,000, the auto trade says wow look at him he made $1,000.

So all the Mathews of the world say i can do it to.

Mathew then spends $5,000 on it and sells it to me for $12,000.

Mathews is happy because he made a $1,000.

I say in real terms i am happy, i got a car for 40% off.


Give me a break from your total stupidity...

Peter
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Rufus
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foxbat
25 Jan 2016, 10:41 PM
Give me a break from your total stupidity...
I think that's what he was asking for.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Matthew
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foxbat
25 Jan 2016, 10:41 PM
Yes dumb dumb, no dumb dumb, yes dumb dumb no dumb dumb, can i stop now.
Thanks for that dipshit.

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Just because YOU can not quantify it, it does not mean it is not important or should be overlooked
Nobody can quantify it fuckwit. Yes it is important, no it is not quantifiable.

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Fuckwit number one buys a car for $10,000, spends $5,000 on it, sells it to his mate Mathews for $11,000, the auto trade says wow look at him he made $1,000.

So all the Mathews of the world say i can do it to.

Mathew then spends $5,000 on it and sells it to me for $12,000.

Mathews is happy because he made a $1,000.
Usually I have to wait more than 25 days for the years dumbest comment. Well don't fuckhead, you broke the curve.

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I say in real terms i am happy, i got a car for 40% off.
I have proven you wrong continuously. But let me give you a real example. In 1992 my parents purchased a house in South Perth. Paid $180,000 for it. Pitching wedge from the zoo and funnily enough the golf course they both hit pitching wedges at. On the journey they have recarpeted, painted a couple of times, put in a pool, added 3 split system air conditioners and reticulated the verge. Total in renovations, maybe $50,000 in todays money.

The house is now worth about $3m. In real terms how are they travelling? Down 40%?

You are fucking clueless

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Give me a break from your total stupidity...
Right back at you c unt, right back at you.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Foxy
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Zero is coming...

Rufus
25 Jan 2016, 10:45 PM
I think that's what he was asking for.
He will get it alright...
Matthew
26 Jan 2016, 12:42 AM
Thanks for that dipshit.


Nobody can quantify it fuckwit. Yes it is important, no it is not quantifiable.


Usually I have to wait more than 25 days for the years dumbest comment. Well don't fuckhead, you broke the curve.


I have proven you wrong continuously. But let me give you a real example. In 1992 my parents purchased a house in South Perth. Paid $180,000 for it. Pitching wedge from the zoo and funnily enough the golf course they both hit pitching wedges at. On the journey they have recarpeted, painted a couple of times, put in a pool, added 3 split system air conditioners and reticulated the verge. Total in renovations, maybe $50,000 in todays money.

The house is now worth about $3m. In real terms how are they travelling? Down 40%?

You are fucking clueless


Right back at you c unt, right back at you.
I say well done to your mom and dad, did well on the house, not so sure about the son though, he seems a little one eyed.

Maybe got swapped at the hospital?/

Who knows.

I have to put up with him now. They get a well deserved break.

Win/win.


You are looking at the house, it is unrelated to my statement that Perth house prices will drop 40% from their peak in "real" terms.


You have seen that magnitude of drop happen in Port Hedland and Karratha.

I will state again it has already happened to Perth when you add all the CPI and the masive devaluation in our local currency.
.

In U.S. dollars what is your mom and dads house worth??

$2.1m???

over 24 years??

You see it is a 3 card trick.

Then what does your mom and dad do with the money if they sell??

Buy another house??

For $180,000.






Edited by Foxy, 26 Jan 2016, 01:34 AM.
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Matthew
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foxbat
26 Jan 2016, 01:25 AM
He will get it alright...

I say well done to your mom and dad, did well on the house, not so sure about the son though, he seems a little one eyed.

Maybe got swapped at the hospital?/

Who knows.

I have to put up with him now. They get a well deserved break.

Win/win.


You are looking at the house, it is unrelated to my statement that Perth house prices will drop 40% from their peak in "real" terms.


You have seen that magnitude of drop happen in Port Hedland and Karratha.

I will state again it has already happened to Perth when you add all the CPI and the masive devaluation in our local currency.
.

In U.S. dollars what is your mom and dads house worth??

$2.1m???

over 24 years??

You see it is a 3 card trick.

Then what does your mom and dad do with the money if they sell??

Buy another house??

For $180,000.





I think your parents dropped you on your head repeatedly as a child and picked you up with the claw end of the hammer. You are one of the dumbest c u nts I have ever encountered.

I admire your passion for a topic you clearly know nothing about Peter, perhaps you could direct it to better things though. Because property and economics clearly just aren't for you.

And in case you want to chip in terry Suburbanite BBQ.

You two old c unts. Fucking clueless.
foxbat
26 Jan 2016, 01:25 AM
He will get it alright...
Then do us all a favour and shut the fuck up
Edited by Matthew, 26 Jan 2016, 01:47 AM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Foxy
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Zero is coming...

Matthew
26 Jan 2016, 01:46 AM
I think your parents dropped you on your head repeatedly as a child and picked you up with the claw end of the hammer. You are one of the dumbest c u nts I have ever encountered.

I admire your passion for a topic you clearly know nothing about Peter, perhaps you could direct it to better things though. Because property and economics clearly just aren't for you.

And in case you want to chip in terry Suburbanite BBQ.

You two old c unts. Fucking clueless.

Then do us all a favour and shut the fuck up
Mathews, we have wisdom.

You on the other hand my young ignorant chap do not, now over the next 10 to 20 years you will be weighed and measured, I hope for your families sake you start to improve.

Peter
That why I sold the rentals.

http://www.news.com.au/finance/real-estate/perth-wa/perth-rents-fall-again-rental-vacancies-jump-to-alarming-level/news-story/f792d166a12274ac16f0014d111eb434
Edited by Foxy, 26 Jan 2016, 02:29 AM.
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Matthew
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foxbat
26 Jan 2016, 02:23 AM
Mathews, we have wisdom.

You on the other hand my young ignorant chap do not, now over the next 10 to 20 years you will be weighed and measured, I hope for your families sake you start to improve.

Peter
Awwww drnkc unt.com.au I am fine thanks. I was well raised to sacrifice and not whine, and work hard not bitch. My biggest problem will be to teach my kids to be more like me and less like you.

See Peter you are fucked in the head. I will teach my kids not to be like you and hope like fuck they follow.

After all saying something has happened that has not, or will happen that will not as you do and hoping they swallow makes you lower than an IS rapist. Just my thoughts of course.
Edited by Matthew, 26 Jan 2016, 02:34 AM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Foxy
Member Avatar
Zero is coming...

Matthew
26 Jan 2016, 02:30 AM
Awwww drnkc unt.com.au I am fine thanks. I was well raised to sacrifice and not whine, and work hard not bitch. My biggest problem will be to teach my kids to be more like me and less like you.

See Peter you are fucked in the head. I will teach my kids not to be like you and hope like fuck they follow.

After all saying something has happened that has not, or will happen that will not as you do and hoping they swallow makes you lower than an IS rapist. Just my thoughts of course.
It's ok Mathews we all have doubts from time to time.

Mathews when you say you work hard, could you give me an example please.


Peter
Edited by Foxy, 26 Jan 2016, 02:40 AM.
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Foxy
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Zero is coming...

Very unfortunate but this is the end for a vast proportion of the worlds unwanted humans.


Peter

https://www.rt.com/usa/330097-inmate-dies-police-custody/
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