Cant you see it, the year is finishing with politicians falling all over themselves to announce ever bigger packages and incentives to reinvigorate Australia’s potential. This always translates to increased land values. They are not interested in genuinely solving today’s economic problems and only exists to protect property rights and the monetary systems.
The current real estate cycle is only just getting warmed up and it’s going to be the biggest boom that you will ever see.
I'm in!
WHAT WOULD EDDIE DO? MAAAATE! Share a cot with Milton?
Cant you see it, the year is finishing with politicians falling all over themselves to announce ever bigger packages and incentives to reinvigorate Australia’s potential. This always translates to increased land values. They are not interested in genuinely solving today’s economic problems and only exists to protect property rights and the monetary systems.
The current real estate cycle is only just getting warmed up and it’s going to be the biggest boom that you will ever see.
Agreed. And with the increased consumer sentiment evidence by the Boxing Day retail figured the buoyant moods appears contagious.
I think there is good potential for people that, for the Sydney market, paused during the Sept/Nov dip will now reassess over the break and pile in giving Sydney another kick along from February.
Glenn Stevens last year with RBA Chris Joye nominated to RBA board. Scandal in the AOFM. Operation Fox Hunt/ Skynet to have larger impact on Ozzy house prices. BHP to be hammered. Aud go to 0.62cRoy Hill smashed too, with good chance of Palmer doing a Christopher SKase
Probably a good time to revisit some of our predictions.
I'll pull mine out of the hat, as there are a few that have come to pass, ie Chinese impact on apartment prices, our Glenn retiring, BHPs massive $8bn first half loss.
Clive under the hammer this week too! MAjorca probably starting to look inviting lol.
WHAT WOULD EDDIE DO? MAAAATE! Share a cot with Milton?
1) Sydney house price +7% 2) National house prices +5% 3) Gold continues its terminal decline, falling below US$900 4) Unemployment rate falls to 5.7% 5) Still no house price crash in any major Australian city 6) More bears vanish from APF to be replaced by new bears spruiking same tired old doom and gloom 7) Rastus, Golly and Terry continue to chase Shadow obsessively around the forum, trying in vain to score a point 8) Bears continue to bleat and wail about trolls and sockpuppets at every opportunity 9) Macrobusiness continue to get everything wrong 10) At least one of the States reintroduce First Home Buyer Grants for buyers of existing property
1 & 2 - pretty close (depending on which index we use)
3 - still has a few months to go, could happen
4,5,6,7,8,9 - spot on
10 - still a few months to go, could happen
Looks like the Mighty Shadow has maintained his 80-90% success rate.
Cue Rastus, Golly and/or Terry to deal with this latest Shadow emergency...
"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."
Agreed. And with the increased consumer sentiment evidence by the Boxing Day retail figured the buoyant moods appears contagious.
I think there is good potential for people that, for the Sydney market, paused during the Sept/Nov dip will now reassess over the break and pile in giving Sydney another kick along from February.
Not bad.
A Lurker
20 Dec 2015, 02:02 PM
I predict Sydney bears that didn't buy this year will have some awkward Christmas Day conversations with the relos who urged them to get off the fence and buy at Christmas lunch last year.
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy