As long as you can demonstrate that prices never rise above 12000, and prices never fall below 12000, I really don't see your problem Terry.
I don't have a problem at all. If I can see a quantified explanation, I give it merit; but the idea that prices rise and fall based on simple supply / demand dynamics is flawed.
I don't have a problem at all. If I can see a quantified explanation, I give it merit; but the idea that prices rise and fall based on simple supply / demand dynamics is flawed.
Of course supply and demand are negligible factors - what then do you think are the significant factors in the housing market?
I can't wait to hear this one.
Take risks - if you win you will become wealthy, if you lose you will become wise
Of course supply and demand are negligible factors - what then do you think are the significant factors in the housing market?
I can't wait to hear this one.
"Significant factors" is a meaningless term if you don't understand what "significance" is or how it applies to driver analysis. All you need to know is that you can have excess supply and prices can be beyond your means. Conversely, you could have restricted supply and prices could be wallowing in the toilet. There is no magic.
"Significant factors" is a meaningless term if you don't understand what "significance" is or how it applies to driver analysis. All you need to know is that you can have excess supply and prices can be beyond your means. Conversely, you could have restricted supply and prices could be wallowing in the toilet. There is no magic.
You've excelled yourself. Usually 80% of what you write is cock, but that answer is 100% cock.
Absolutely laughable.
Take risks - if you win you will become wealthy, if you lose you will become wise
You've excelled yourself. Usually 80% of what you write is cock, but that answer is 100% cock.
Absolutely laughable.
You are generous giving it just 100%. Somehow Terry appears to have gone beyond 100% cock this time.Meanwhile back to the topic of the thread, completed dwellings for sale or rent in Perth decline for the 5th consecutive week, down another 64.
728 less completed dwellings available over the 5 weeks.
Rentals also fell for the 5th consecutive week, down 95 to be down 424 in 5 weeks.
20% less completed dwellings than the peak.
Less houses for sale and rent, falling 5 straight weeks. But it will be ignored by the Dimjezdogs out there. Statistically irrelevant. Prices have not crashed yet and according to Terry Supply and Demand do not matter.
You are generous giving it just 100%. Somehow Terry appears to have gone beyond 100% cock this time.Meanwhile back to the topic of the thread, completed dwellings for sale or rent in Perth decline for the 5th consecutive week, down another 64.
728 less completed dwellings available over the 5 weeks.
Rentals also fell for the 5th consecutive week, down 95 to be down 424 in 5 weeks.
20% less completed dwellings than the peak.
Less houses for sale and rent, falling 5 straight weeks. But it will be ignored by the Dimjezdogs out there. Statistically irrelevant. Prices have not crashed yet and according to Terry Supply and Demand do not matter.
I was told today that brokers in Perth have suddenly become very busy, which went against their own expectations. Might be worth a call to some local agents and brokers for a heads up. Personally I think it's too soon for a pickup, but the market has a way of surprising all of us.
Take risks - if you win you will become wealthy, if you lose you will become wise
I was told today that brokers in Perth have suddenly become very busy, which went against their own expectations. Might be worth a call to some local agents and brokers for a heads up. Personally I think it's too soon for a pickup, but the market has a way of surprising all of us.
According to the experts (we can comfortable exclude Dimjezdogarse) we are 4,700 units of housing from a pick up. What we are is at the point prices stop falling in any significant terms. We are at the bottom of the curve.
I said in a prior post months ago that if you were serious about buying you would be looking in August. Seems I was right.
I also said that the market would balance around easter 17. Willing to bet I am right about that too.
To be objective you cant be emotional. The people wanting a crash here are all emotional. Simply does not work.
According to the experts (we can comfortable exclude Dimjezdogarse) we are 4,700 units of housing from a pick up. What we are is at the point prices stop falling in any significant terms. We are at the bottom of the curve.
I said in a prior post months ago that if you were serious about buying you would be looking in August. Seems I was right.
I also said that the market would balance around easter 17. Willing to bet I am right about that too.
To be objective you cant be emotional. The people wanting a crash here are all emotional. Simply does not work.
There is always a bottom, but I would be surprised if Perth doesn't drag on the bottom for some time. That won't worry investors much, but home buyers should be trying to buy the right house in the right spot, and as stock numbers fall that becomes harder to achieve.
Take risks - if you win you will become wealthy, if you lose you will become wise
You've excelled yourself. Usually 80% of what you write is cock, but that answer is 100% cock.
Absolutely laughable.
Well if you don't know what a "significant factor" is, it's unlikely you know the reality. Just because you read a newspaper doesn't make something a "significant factor", unless you understand why and how it is.
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