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The Red Dragon Effect: China’s impact on housing
Topic Started: 29 Oct 2016, 01:57 PM (5,373 Views)
Khaderbhai
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Wealthy Suburbanite

Rastus2
3 Nov 2016, 10:32 PM
you are claiming that they are the same person.. got any proof ?
Check with the admin, but I'm pretty sure multiple APF members can't have the same name.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"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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herbie
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Rastus2
3 Nov 2016, 08:55 PM
Oh I think we know how much of a fraud you really are.

You are the forum BOGAN, and throw the CNT word around with all of the manners and sophistication of a grade 3 bully

You put on a fake strine post despite being able to post in a completely normal fashion.

You claim to be a self funded retiree, and not to hate public servants, but demand to see my time sheet if I happen to post in the forum at a time you stupidly think I should be slaving away at work.

Did I miss something ?


Oh yeah, I am pretty sure you are a buldger... and doubt you have been self funded retiree for the length you claim.

Just sayin'
"The Moving Finger writes; and, having writ,
Moves on ..." ... :)

http://www.goodreads.com/quotes/14196-the-moving-finger-writes-and-having-writ-moves-on-nor
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Rastus2
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herbie
3 Nov 2016, 09:49 PM
You're just bein' difficult now K - Postin' links ta other things Raveswei said here as supportin' evidence as ta wot Raveswei mighta meant regarding somethin' else he/she/it(?) said here ...

It's pure hearsay I tells ya - Pure hearsay! No self respectin' beak wot's not on tha take would ever allow it as admissible I tells ya - Pure hearsay! - LOL

Even a one eyed idiot like you know it is a crock of shit to attribute posts from this forum to an article elsewhere ... otherwise you would not have used the word "mighta"

btw, get a new keyboard, or get off the drugs.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Khaderbhai
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Wealthy Suburbanite

Rastus2
3 Nov 2016, 10:42 PM
Even a one eyed idiot like you know it is a crock of shit to attribute posts from this forum to an article elsewhere
The article is from this forum. Rav posted it here...

'there is significant real oversupply of homes in Australia' 'it may look very strange that such a huge oversupply is not easily visible'

'In the case of market slowdown, oversupply will flood the market driving prices down'

And he was wrong about everything.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"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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Rastus2
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Khaderbhai
3 Nov 2016, 10:36 PM
Check with the admin, but I'm pretty sure multiple APF members can't have the same name.
What are you waffling on about now ?

Where did I say they could ?
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Khaderbhai
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Wealthy Suburbanite

Rastus2
3 Nov 2016, 10:48 PM
What are you waffling on about now ?

Where did I say they could ?
OK, so you agree the person who wrote this blog...

'there is significant real oversupply of homes in Australia' 'it may look very strange that such a huge oversupply is not easily visible'
'In the case of market slowdown, oversupply will flood the market driving prices down'

Is the same Raveswei who posted these other claims...

'we have construction boom that lasts for decades so our oversupply is huge!'
'We are constantly running huge oversupply - since decades ago'
'It will take almost two years (from August 2010) to drop 10%. After that, fall will accelerate with additional 10-15% in 6-9 months.'
'~40% in "real" terms fall seems very likely ... ~25% seems to be minimum'
Edited by Khaderbhai, 3 Nov 2016, 10:55 PM.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"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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Rastus2
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Khaderbhai
3 Nov 2016, 10:45 PM
Well you still need to stick to the words in the article, and not post all the other hyperlinks from the forum... the fact that the author did not include those words means the article does not make those claims... clearly.

If you have a dispute with the article, as you claim, then you need to identify the parts of the article, and not waffle off into other parts of the forum where the author may have written things not in the article itself.


"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. "


I am not sure what, exactly, you disagree with in this claim... supply and demand would dictate it is true that a huge real oversupply would impact prices, and if a slowdown happened, that supply would drive prices down.... do you consider that basic concept of economics incorrect ?

If you are saying that the article claims that any and every market slowdown would cause this effect, you read too much into it... there was not date, not specific period, nor any metric to say how much slowdown or oversupply was required for this to happen..
Khaderbhai
3 Nov 2016, 10:53 PM
I do not agree, or disagree... you and I do not know if it is the same person any more than you or I know if you are TheMoops... it seems that neither of us can prove it.

Regardless, if you disagree with the article, and claim it is completely dead wrong, you need to address the article text, not other posts elsewhere in a desperate attempt to find errors... it was the article you claimed was completely dead wrong.
Edited by Rastus2, 3 Nov 2016, 10:59 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Khaderbhai
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Wealthy Suburbanite

Rastus2
3 Nov 2016, 10:57 PM
If you have a dispute with the article, as you claim, then you need to identify the parts of the article
Biggest error was the claim that there's a huge oversupply that would flood the market in the case of a slowdown. Two slowdowns have passed since then, but no flood.
Rastus2
3 Nov 2016, 10:57 PM
you and I do not know if it is the same person
Check with the admin, but I'm pretty sure multiple APF members can't have the same name.
Edited by Khaderbhai, 3 Nov 2016, 11:01 PM.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"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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Rastus2
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Khaderbhai
3 Nov 2016, 11:00 PM
Biggest error was the claim that there's a huge oversupply that would flood the market in the case of a slowdown. Two slowdowns have passed since then, but no flood.

oh dear, you are just repeating your errors.

'a slowdown' is not the same as 'any slowdown', nor 'the next slowdown'.


got anything else ?
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Khaderbhai
Member Avatar
Wealthy Suburbanite

Rastus2
3 Nov 2016, 11:01 PM
'a slowdown' is not the same as 'any slowdown', nor 'the next slowdown'.
Exact text used was 'In the case of market slowdown, oversupply will flood the market driving prices down'.

We've had two slowdowns, but no flood. Rav expected prices to be down 20-25% by 2013.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"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."
Profile "REPLY WITH QUOTE" Go to top
 
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