"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."
The date was the next slowdown, which turned out to be 2011. And there was another in 2015.
Well you should have no problems highlighting the part of the text that stated the very next slowdown would be the date so we can all see what you are claiming ... go ahead then.... lets see it.
The rest of us must have missed that important detail, what with us not being in as an emotionally charged state as yourself when we read it.
herbie
31 Oct 2016, 08:46 PM
There is no way in f*** that I'd have ever had time ta sit 'round on me arse postin' shit on tha internet (either as a public servant or private enterprise type dude - During me working day) - Just sayin' ...
PS: 'Cept for tha time I was a railway clerk back in tha late 70s 'n tha line woz cut by flood for 5 days 'n I got ta sit there on me arse doin' nuthin' for those 5 days 'cept wait for it be go home time - F***, wasn't THAT boring ...
1 - get a new keyboard, or get off the drugs
2 - you have no idea what hours I work you imbecile, health does not give us 9-5 hour jobs, and I no longer elect to work full time... get a new brain.
3 - You spent Thursday the 20th posting here multiple times during working hours... lazy git... perhaps you should confess to your employer, 'eh .. nice shooting Tex, managed to miss your foot and get yourself right in the nuts.
"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."
"In the case of market slowdown, oversupply will flood the market driving prices down."
Two slowdowns have been and gone. Neither resulted in a flood.
Ah, I see, in your rage and haste to attack the author, you missed the bit before that..
"Huge real (primary residence) oversupply will significantly impact house prices in Australia in future. In the case of market slowdown, oversupply will flood the market driving prices down."
Clearly, the degree of slowdown was not sufficient as the huge real oversupply has not yet been reached.... the author does, however, conclude that in the future, when the oversupply is reached, it will flood the market in the case of a market slowdown.
So after all of that huff and puff about everything in the story being dead wrong, the best you could muster was an incorrect understanding of his conclusion and nothing else ... lol
You clearly did not understand the 1st sentence before leaping to incorrect conclusion on the 2nd ... don't feel bad, everyone makes mistakes
3 - You spent Thursday the 20th posting here multiple times during working hours... lazy git... perhaps you should confess to your employer, 'eh .. nice shooting Tex, managed to miss your foot and get yourself right in the nuts.
As a self funded retiree (pretty much since 2007 now - apart from about 24 months in total I worked made up of 4 separate projects/stints), I get ta do wot I want, when I want, should I choose ta.
Tho Yep, it doesn't surprise me one iota that as a public servant you're having a big time bludge on some Oh me back Jack! Poor bugger me!! I've gotta do flexi shit routine!!! - Which gives ya lotsa time ta post shit on tha internet all day every day wifout ya boss noticin' - LOL!
Tho Ta for tha info on how ya gets away wif it anyway ...
the huge real oversupply has not yet been reached.... the author does, however, conclude that in the future, when the oversupply is reached, it will flood the market in the case of a market slowdown
No, he concluded that the oversupply already existed when he wrote the post. That was the entire point of the post. Did you not read it?
"Australia is facing huge oversupply of residential dwellings" ... "around 38% of newly constructed dwellings during this period were oversupply (not used as primary resident or holiday home). It may look very strange that such a huge oversupply is not easily visible" ... "there is significant real oversupply of homes in Australia".
Quote:
Ah, I see, in your rage and haste to attack the author, you missed the bit before that..
"Huge real (primary residence) oversupply will significantly impact house prices in Australia in future. In the case of market slowdown, oversupply will flood the market driving prices down."
The bit before doesn't alter his prediction that his perceived huge oversupply would flood the market in the case of a slowdown.
Two slowdowns have been and gone. Raveswei's "huge oversupply" didn't flood the market because it didn't exist. Just another bear getting everything wrong again.
"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."
As a self funded retiree (pretty much since 2007 now - apart from about 24 months in total I worked made up of 4 separate projects/stints), I get ta do wot I want, when I want, should I choose ta.
Tho Yep, it doesn't surprise me one iota that as a public servant you're having a big time bludge on some Oh me back Jack! Poor bugger me!! I've gotta do flexi shit routine!!! - Which gives ya lotsa time ta post shit on tha internet all day every day wifout ya boss noticin' - LOL!
Tho Ta for tha info on how ya gets away wif it anyway ...
Get a new keyboard, or lay off the drugs.
Yeah, sure you were not working that day... prove it you lazy git
You were the blithering idiot who accused me of being at work, now you want to complain when I point out, I was not... keep shooting, you might get your nuts again.
How I get away with what you idiot ? Being at home instead of work when I am not rostered to work... yeah, to your simple brain, it's probably too complex.
Yeah, sure you were not working that day... prove it you lazy git
You were the blithering idiot who accused me of being at work, now you want to complain when I point out, I was not... keep shooting, you might get your nuts again.
How I get away with what you idiot ? Being at home instead of work when I am not rostered to work... yeah, to your simple brain, it's probably too complex.
Wasn't working then - 'N I'm not working tomorrow (don't actually have any intention ta work ever again actually) - Will I post tomorrow? ... Quite possibly.
Are you at work tomorrow? If so, during what hours? Will you post during same?
'N PS: As ta ya "prove it" - Just how precisely would ya suggest I do that f***wit?
PPS: Last time I did a stint a work woz 2012 as it happens. (Hmmm - I tell a lie - 'N got paid for 6 days some time after that - But would have ta check me tax returns ta see precisely which year - But can't be bothered.)
No, he concluded that the oversupply already existed when he wrote the post. That was the entire point of the post. Did you not read it?
"Australia is facing huge oversupply of residential dwellings" ... "around 38% of newly constructed dwellings during this period were oversupply (not used as primary resident or holiday home). It may look very strange that such a huge oversupply is not easily visible" ... "there is significant real oversupply of homes in Australia".
The bit before doesn't alter his prediction that his perceived huge oversupply would flood the market in the case of a slowdown.
Two slowdowns have been and gone. Raveswei's "huge oversupply" didn't flood the market because it didn't exist. Just another bear getting everything wrong again.
Nope, you are still jumping at shadows my poor boy.... too full of rage to see and comprehend the subtle details... odd, when you use subtle details to avoid answering questions directly.
The conclusion clearly states : "By looking at the results we may see that Australia is facing huge oversupply of residential dwellings."
Not that we do, nor that we have, not even that we are in the midst, but rather, that we may... now 'may' is a word with ambiguity, having used such terms in the past, you would understand the meaning of ambiguity, wouldn't you ?
If you took the time to calm down and read the detail of the conclusion, you would notice that some areas of high construction have their potential oversupply tempered with population rises (Gold Coast, SE and North Queensland, Mandurah).
He concluded that an oversupply existed, he even tried to quantify it in some form, however he did not state it was currently at such a level that the very next slowdown would cause any collapse in prices ... nor the next one after that, he simply stated that at some point, if it continued to rise, the oversupply would meet a slowdown and have a major effect on the movement of house prices. Not exactly rocket science, and hardly something to claim is dead wrong.
Supply, demand... pretty basic stuff really... I would have thought you would understand such obvious correlations Apparently not.
"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."
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