What proportion of the Australian population are wheat farmers? It would be a tiny fraction of a percent, right? And it's unlikely that those wheat farmers would be buying many houses anyway, regardless of the price of wheat. They probably live on their farms.
They would use their salaries (which don't fluctuate with the price of oil and ore). But again, it's a tiny fraction of the population.
Try using some logic instead of emotion.
Would you agree that the cost including land for a dwelling at a base level in Australia is available at about $400,000.00??
That a good simple car is about $30,000.00
A usable computer is less than $2,000.00
If you can understand the above you will see what i am saying.
The base level and cost of living has declined in "real terms"
Would you agree that the cost including land for a dwelling at a base level in Australia is available at about $400,000.00?? That a good simple car is about $30,000.00 A usable computer is less than $2,000.00 If you can understand the above you will see what i am saying. The base level and cost of living has declined in "real terms" and the return on residential property "real net" http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456353985384.png 16 years of "real negative" return, wow. https://www.youtube.com/watch?v=Joo90ZWrUkU Listen very carefully to the lyrics....
Not sure what any of that has to do with your prediction that house prices and all assets will come under pressure. As I said, the houses and assets owned by the vast majority of Australians have increased in value since you made the prediction, so it seems to be mostly upwards pressure at the moment.
"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
Not sure what any of that has to do with your prediction that house prices and all assets will come under pressure. As I said, the houses and assets owned by the vast majority of Australians have increased in value since you made the prediction, so it seems to be mostly upwards pressure at the moment.
Indeed, he said all assets but can only name a couple which came under pressure.
Not sure what any of that has to do with your prediction that house prices and all assets will come under pressure. As I said, the houses and assets owned by the vast majority of Australians have increased in value since you made the prediction, so it seems to be mostly upwards pressure at the moment.
It was for Perth and that was due to the mining boom ending, in the 4 years since i made that call i have bought 9 properties and sold 4.
So please no bull and bear bull shit, please.
Just recognised an overheated market and let people know it was over heated.
Simple, spent years in mining towns, boom and bust.
Anyways, moved onto lithium and gold at the moment and also getting set in fertilizers.
Not sure what any of that has to do with your prediction that house prices and all assets will come under pressure. As I said, the houses and assets owned by the vast majority of Australians have increased in value since you made the prediction, so it seems to be mostly upwards pressure at the moment.
It was for Perth...
Oh, so when you said 'house prices and all assets to come under pressure' you meant house prices and all assets in Perth.
I see. Well I suppose it's fortunate that 92% of Australians don't live in Perth.
"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
Here is a training video for landlords trapped in the Perth office market, it shows the negotiating tactics to be adopted. Oh and they are not in charge of the situation... they are takers not givers...
Shipping isn't an asset. Food is a consumable, and it's not falling in price. The price of oil has fluctuated for decades, and it's not really an 'asset' that Australians typically invest in. I don't think many Australians invest in wheat either.
Not sure what point you're trying to make here.
You originally predicted 'house prices and all assets to come under pressure'.
And you subsequently clarified today that you meant 'in Perth'.
Quote:
You think it is in Perth
I think what is in Perth? Are you making a statement or asking a question?
"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
Shipping isn't an asset. Food is a consumable, and it's not falling in price. The price of oil has fluctuated for decades, and it's not really an 'asset' that Australians typically invest in. I don't think many Australians invest in wheat either.
Not sure what point you're trying to make here.
You originally predicted 'house prices and all assets to come under pressure'.
And you subsequently clarified today that you meant 'in Perth'.
I think what is in Perth? Are you making a statement or asking a question?
Shipping is not an asset???
Khaderbhai
1 Sep 2016, 12:06 PM
Oh, so when you said 'house prices and all assets to come under pressure' you meant house prices and all assets in Perth.<br /><br />I see. Well I suppose it's fortunate that 92% of Australians don't live in Perth.
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