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The Red Dragon Effect: China’s impact on housing
Topic Started: 29 Oct 2016, 01:57 PM (5,371 Views)
Trollie
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The know this is Shadow's fault some how.
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Rastus2
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Khaderbhai
3 Nov 2016, 11:05 PM
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.
Quote:
 

Rav expected prices to be down 20-25% by 2013.

oh good... can you please highlight the part in the article where the author said that ? or are you just trying to attribute words external to the article again ?

Why do you think those details were left out of the article ? some kind of error, or that those thoughts did not make the final version for the very reason that the author did not wish to make that claim in the article, nor have someone like yourself falsely attribute them to it.


As for the text, yes, I can read it quite easily, as I am not distracted by the other posts in this forum you keep being distracted by... I understand the words quite well.

I would have thought you understood the basic rule of economics... oversupply combined with slowdown would tend drive prices down ... be it soy beans, milk, or even if it is something as precious to you as property.
herbie
1 Nov 2016, 09:49 PM
Did 2 yrs in QLD Rail - in tha late 70s - so worked for wages - which Sno Flake reckons makes me a 'hypocrite' - LOL

Still makin' shit up I see - Havin' worked 24 months total since 2007 (wif no more bein' dun for at least about two yrs now) - Wif no intention ta ever work agin (like why'd I want ta work ta pay tax ta support tha likes of you? Well no more tax than I gotta pay on me income from not workin' anyway - plus a bit of gst 'n wotnot) - makes me a self funded retiree - In my books anyway - LOL

So ya can wait 'til Doomsday for that figment of ya fevered tiny little imagination ya call a 'roster' - 'cause there ain't ('n won't ever be) one - LOL LOL LOL
Lets just do a quick check of your claims..
yeah, sure you've only worked 24 months since 2007 :re:


May 2012 - I went back to work a while back Zaph

Oct 2012 - I work overseas and pay the bulk of my tax (same tax as I'd pay in Oz) there - Where the population is both extremely more needy and considerably more deserving. Were I to come back to Oz I'd just lapse into being a $50K pa earning 15% tax paying (max!) free loader like 'all' the other Aussies I reckon?

15th Sept 2012 - Rough figures are fine though in a couple of days I'll quite literally be gone back to work and won't be discussing any such stuff for a few more weeks - That's just how it is I'm afraid.



You were still posting up till the 17th, then was posting by the 29th... must have been posting from work eh ? :re: what a bludger...


Then later, we find out that you pissed off overseas, didn't pay Tax in Australia, and are here now bitching about bludgers :D

How about you head back o/s in your retirement and keep your complaints about Australian's to yourself :bye:



Trollie
3 Nov 2016, 11:05 PM
The know this is Shadow's fault some how.
nice shooting tex... try again and lets see if you can hit the right keys this time.
Edited by Rastus2, 3 Nov 2016, 11:46 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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herbie
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Rastus2
3 Nov 2016, 11:12 PM
Lets just do a quick check of your claims..
yeah, sure you've only worked 24 months since 2007 :re:


May 2012 - I went back to work a while back Zaph

Oct 2012 - I work overseas and pay the bulk of my tax (same tax as I'd pay in Oz) there - Where the population is both extremely more needy and considerably more deserving. Were I to come back to Oz I'd just lapse into being a $50K pa earning 15% tax paying (max!) free loader like 'all' the other Aussies I reckon?

15th Sept 2012 - Rough figures are fine though in a couple of days I'll quite literally be gone back to work and won't be discussing any such stuff for a few more weeks - That's just how it is I'm afraid.



You were still posting up till the 17th, then was posting by the 29th... must have been posting from work eh ? :re: what a bludger...


Then later, we find out that you pissed off overseas, didn't pay Tax in Australia, and are here now bitching about bludgers :D

How about you head back o/s in your retirement and keep your complaints about Australian's to yourself :bye:
Oh alright, if ya really INSIST on tha FULL quote - :) :

“The Moving Finger writes; and, having writ,
Moves on: nor all thy Piety nor Wit
Shall lure it back to cancel half a Line,
Nor all thy Tears wash out a Word of it
.”

- Omar Khayyám

http://www.goodreads.com/quotes/14196-the-moving-finger-writes-and-having-writ-moves-on-nor
Rastus2
3 Nov 2016, 11:12 PM
How about you head back o/s in your retirement and keep your complaints about Australian's to yourself
Hmmm, PS: I reckons ya 'Stralian's at tha arse end of ya comment don't need no apostrophe in tha arse end of it maybe? - But suggest ya check wif K or someone else here wot's obviously more gooder at Inglish than me ... :)
Edited by herbie, 4 Nov 2016, 12:11 AM.
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, 11:56 PM

http://www.goodreads.com/quotes/14196-the-moving-finger-writes-and-having-writ-moves-on-nor

Hmmm, PS: I reckons ya 'Stralian's at tha arse end of ya comment don't need no apostrophe in tha arse end of it maybe? - But suggest ya check wif K or someone else here wot's obviously more gooder at Inglish than me ... :)
Get a new keyboard, and 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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Trollie
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Rastus2
3 Nov 2016, 11:12 PM

nice shooting tex... try again and lets see if you can hit the right keys this time.
Are you this boring and repetitive in person, or do you just need more time to think up new responses?
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Rastus2
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Trollie
4 Nov 2016, 03:00 PM
Are you this boring and repetitive in person, or do you just need more time to think up new responses?

lol, perhaps you should think up a new response eh troll ?
Quote:
 

The know this is Shadow's fault some how.
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, 11:12 PM
are you just trying to attribute words external to the article again ?
Rav was completely wrong in lots of other APF posts, as well as the article where he incorrectly claimed we had a huge oversupply that would flood the market in the case of a slowdown.
Edited by Khaderbhai, 5 Nov 2016, 11:16 AM.
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
5 Nov 2016, 11:16 AM
Rav was completely wrong in lots of other APF posts, as well as the article where he incorrectly claimed we had a huge oversupply that would flood the market in the case of a slowdown.
Quote:
 

lots of other APF posts,
- irrelevant
Quote:
 

incorrectly claimed we had a huge oversupply that would flood the market in the case of a slowdown.
- you are yet to prove his claim of oversupply is wrong, as well that he identified the next slowdown (regardless of it's magnitude) as being the one that would result in the flood.


Your problem is that you keep waffling on about other posts and not the article, and about claims that you misinterpret as stating something they never did.

Time to put your tail between your legs and lick your wounds.
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
5 Nov 2016, 01:28 PM
you are yet to prove his claim of oversupply is wrong
Already proved. We've had two slowdowns already, but no flood.

Instead we've had a construction boom, which would suggest we actually had an undersupply at the time, rather than an oversupply.
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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