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Why it's time to ask for a rent reduction
Topic Started: 8 Nov 2016, 12:25 PM (7,379 Views)
Rufus
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Simon_S
16 Nov 2016, 04:31 PM
You mean these guys
Probably. I haven't seen the latest Boom and bust Report, perhaps you should buy it, although you can't copy and paste it here.
Louis usually outlines three scenarios for his future market expectations, so I don't know exactly which one you are referring to.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Simon_S
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Rufus
16 Nov 2016, 04:58 PM
Probably. I haven't seen the latest Boom and bust Report, perhaps you should buy it, although you can't copy and paste it here.
Louis usually outlines three scenarios for his future market expectations, so I don't know exactly which one you are referring to.
LOL.........Pay some one to tell me what I already know?
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Rufus
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Simon_S
16 Nov 2016, 05:19 PM
LOL.........Pay some one to tell me what I already know?
Oh - so you know a lot about the housing market? Because louis is regarded by most as very knowledgeable and he has good data sources.
Edited by Rufus, 16 Nov 2016, 05:23 PM.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Rastus2
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Rufus
16 Nov 2016, 03:55 PM
There will be a lag because it takes years to get a DA and then build a multi storey tower.

Here is the map of developments in Brisbane.
https://brisbanedevelopment.com/brisbane-development-map/

Forget the red ones they won't be built in this phase, and forget most of the green. But the red ones and probably most of the purple ones are goers, and there are a lot of them under construction.

Not so may grey (completed ones) yet. The map is active, click on the project and it will give you some details about it.
You can drag the map around to see what is on your side of town.
Nice Map...

I notice one for Gold Coast also on that website ... I don't suppose you have seen one for other areas in Qld ? Say Sunshine Coast :c)

Edited by Rastus2, 16 Nov 2016, 05:23 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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Rufus
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Rastus2
16 Nov 2016, 05:22 PM
Nice Map...

I notice one for Gold Coast also on that website ... I don't suppose you have seen one for other areas in Qld ? Say Sunshine Coast :c)
No I don't, but if you contact the local authority they may have one.

BCC have some really sharp data.
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Terry
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Rufus
16 Nov 2016, 05:22 PM
Oh - so you know a lot about the housing market? Because louis is regarded by most as very knowledgeable and he has good data sources.
That's good. Exactly what it is it that he is so knowledgeable about? Actually, people who chew through data tend to understand things more intuitively than most people understand.
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Simon_S
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Rufus
16 Nov 2016, 05:22 PM
Oh - so you know a lot about the housing market? Because louis is regarded by most as very knowledgeable and he has good data sources.
Great then that should add validity to his call for 40% falls.....

Who would have thought Experts would be calling for a Collapse in House Prices?

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Rufus
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Simon_S
16 Nov 2016, 05:52 PM
Great then that should add validity to his call for 40% falls.....

Who would have thought Experts would be calling for a Collapse in House Prices?
Stating that prices are too high and calling a market collapse are not one and the same.

The market can be wrong for more than a lifetime.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Simon_S
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Rufus
16 Nov 2016, 05:57 PM
Stating that prices are too high and calling a market collapse are not one and the same.

The market can be wrong for more than a lifetime.
Great, so you don't believe Falls of 40% would impact Banks....Investors and Consumer Confidence

So we can comfortably sustain falls that big?

Oh Wait....That's Right I forgot

RECORD Levels Of DEBT........
RECORD Low Interest Rates........
RECORD High Asset values.........
RECORD Uninterrupted 26 Years of Growth.........

But this can go on for a Lifetime................

Edited by Simon_S, 16 Nov 2016, 06:16 PM.
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Terry
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Simon_S
16 Nov 2016, 06:12 PM
Great, so you don't believe Falls of 40% would impact Banks....Investors and Consumer Confidence

So we can comfortable sustain falls that big?

Oh Wait....That's Right I forgot

RECORD Levels Of DEBT........
RECORD Low Interest Rates........
RECORD High Asset values.........
RECORD Uninterrupted 26 Years of Growth.........

But this can go on for a Lifetime................
Assuming a lifetime is 70-80 years, Australia would probably set records along the way. The suburbanites love it when records are broken.
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