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Bears should capitulate and buy a house, because homeowners are wealthier than renters; In buying a house you are investing in a tax-free asset that in the long term will increase in value
Topic Started: 2 Nov 2016, 09:08 AM (3,506 Views)
Terry
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Khaderbhai
3 Nov 2016, 08:52 PM
Because it was always Sydney you talked about on Credit Crunch and Money Morning - that's where you wanted to buy, but couldn't pull the trigger because you believed in Steve Keen and his 40% crash prophecy.
Is this the afternoon matinee MC? Things quiet down at the mall perhaps.
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Khaderbhai
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Wealthy Suburbanite

Terry
3 Nov 2016, 09:42 PM
Is this the afternoon matinee MC? Things quiet down at the mall perhaps.
Are you waffling again Roddy?
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
2 Nov 2016, 09:41 PM
You know the ones... the silly bears who keep getting everything wrong.
When I was a bear, I was 100% right about Gold Coast... the silly bulls here were getting everything wrong :bye:
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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Rastus2
3 Nov 2016, 10:34 PM
When I was a bear, I was 100% right about Gold Coast... the silly bulls here were getting everything wrong :bye:
Good for you.
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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Terry
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Khaderbhai
3 Nov 2016, 09:45 PM
Are you waffling again Roddy?
Not at all MC. I'm pitching in for your repertoire. Dig deep into your bag and see if you can find another trick.
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Khaderbhai
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Terry
3 Nov 2016, 10:41 PM
Not at all MC. I'm pitching in for your repertoire. Dig deep into your bag and see if you can find another trick.
Well if you want to waffle about repertoires, you're on your own Roddy.
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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Terry
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Khaderbhai
3 Nov 2016, 10:43 PM
Well if you want to waffle about repertoires, you're on your own Roddy.
Sounds like you're in denial mother cat.
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Ex BP Golly
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Trollie
3 Nov 2016, 10:34 AM
As usual you have no clue.

Paying $20 for breakfast is a luxury I wouldn't have considered in my 20's. But you go right ahead and fixate on avocado's.
You have to have done something more than once to be "fixated" Trollop.

Perhaps you should dribble your bile over the dude who is actually fixated on them?

WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Trollie
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Ex BP Golly
4 Nov 2016, 07:34 AM
You have to have done something more than once to be "fixated" Trollop.

Perhaps you should dribble your bile over the dude who is actually fixated on them?
You mentioned them twice in one post so atleast you recognise you are fixated on them. Admitting you have a problem is the first step to getting help.
Edited by Trollie, 4 Nov 2016, 10:45 AM.
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Rastus2
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Khaderbhai
3 Nov 2016, 10:37 PM
Good for you.
why thank you.


I felt quite sorry for all the silly bulls buying all of the bull-crap about house prices going up and up and up on the Gold Coast... personally know a couple who got burnt... oh well, it's been quite a few years, but some of them have finally seen their property values rise to almost where they bought at.
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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