Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 5
Is Donald Trump going to burst Australia's housing bubble?
Topic Started: 11 Nov 2016, 09:42 PM (5,613 Views)
Simon_S
Member Avatar


Matthew
14 Nov 2016, 02:07 PM
Where did I ever say there would be a boom?
Not Fooled By Property Bears Hype

Quote:
 
But there will not be, in my educated opinion, a massive collapse in Australian property prices. Why might you ask? I have five reasons that will insulate us as follows:


Point 2 on your Blog:

Quote:
 
There is an economic upswing looming.




Profile "REPLY WITH QUOTE" Go to top
 
Rastus2
Member Avatar


Khaderbhai
14 Nov 2016, 10:08 AM
Trump hasn't done the goldbugs any favours, with the price of the shiny trinket nosediving to the low 1600s...

Posted Image

Considering the gold price was 1550 in 2009, it has basically gone nowhere for 7 years. Significantly down in real terms.

Lets just give it time.... you may believe that Trump will usher a new era where the previous gold peaks are not to be seen again... I suspect his term will see VIX to spike and some fear over his term that pushes Gold price up ;)

Lets see who is right by the end of his term(s)
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
Profile "REPLY WITH QUOTE" Go to top
 
Matthew
Default APF Avatar


Simon_S
14 Nov 2016, 02:25 PM
Point 2 on your Blog:





Where does "upswing" = boom?

Boom is not a word you will ever have seen me use Simon. Because to this point in time I have never felt that there is a boom coming.
My only hope for my three boys is that they turn out nothing at all like Chris.
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Matthew
14 Nov 2016, 03:37 PM
Where does "upswing" = boom?

Boom is not a word you will ever have seen me use Simon. Because to this point in time I have never felt that there is a boom coming.
Great so what is your "Interpretation' of what an "Economic Upswing" means.
Edited by Simon_S, 14 Nov 2016, 04:32 PM.
Profile "REPLY WITH QUOTE" Go to top
 
Matthew
Default APF Avatar


Simon_S
14 Nov 2016, 04:17 PM
Great so what is your "Interpretation' of what an "Economic Upswing" means.
not a boom Chump that is for sure. If I thought the economy was going to boom, then I would have used the word Boom.

Now be a good boy and go play in traffic ok?
My only hope for my three boys is that they turn out nothing at all like Chris.
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


Matthew
14 Nov 2016, 04:36 PM
not a boom Chump that is for sure. If I thought the economy was going to boom, then I would have used the word Boom.

Now be a good boy and go play in traffic ok?
No Boom?.........So what will push house prices further then..........

Profile "REPLY WITH QUOTE" Go to top
 
b_b
Default APF Avatar


Simon_S
14 Nov 2016, 02:19 PM
Your statements are they not?
My link never states "No need to pay it back”. That was your quote. You simply cut and reposted it and attributed it to me.

You are a liar Simon. You are a liar because you can not accept losing a debate. You lose the debate because you are ignorant, clueless and your World view is divorced from reality. So instead, you make shit up.
Edited by b_b, 14 Nov 2016, 05:17 PM.
(S – I) + (T - G) + (M - X) = 0
Profile "REPLY WITH QUOTE" Go to top
 
zaph
Default APF Avatar


Bardon
14 Nov 2016, 01:32 PM
It would be hard to imagine any infrastructure project that does not have a large component of steel required for the materials.
Roads?
Profile "REPLY WITH QUOTE" Go to top
 
Simon_S
Member Avatar


b_b
14 Nov 2016, 05:15 PM
My link never states "No need to pay it back”. That was your quote. You simply cut and reposted it and attributed it to me.

You are a liar Simon. You are a liar because you can not accept losing a debate. You lose the debate because you are ignorant, clueless and your World view is divorced from reality. So instead, you make shit up.
Quote:
 
13 Nov 2016, 12:36 PM

So where will all the money come from to pay back all that they Borrow?

Government effectively spends money into existence. No need to pay it back unless the private sector wants to dissave. See more here.
http://australianpropertyforum.com/single/?p=8529155&t=10252197
Edited by b_b, Yesterday, 12:38 PM.

When i asked if the Govt Doesn't need to pay you said "Yes".
Quote:
 
Simon_S
13 Nov 2016, 01:17 PM
So your saying the Govt doesn't need to pay the Interest nor the Principle back?
Yes. The government is legally required to pay interest and the Principal. But like any government spending, the process is as I outlined in my link. So long as the central bank targets an interest rate, the bonds will always be sold.


But theres a BUT........

All The Signs Are Pointing Towards The Mother Of All Booms

Answer the question:

Quote:
 
So if I stump up 1 million for Australian Bonds I wont get that back plus interest at the time of maturity?


Profile "REPLY WITH QUOTE" Go to top
 
b_b
Default APF Avatar


Simon_S
14 Nov 2016, 05:33 PM


When i asked if the Govt Doesn't need to pay you said "Yes".



But theres a BUT........

All The Signs Are Pointing Towards The Mother Of All Booms

Answer the question:



One more time.
Quote:
 
The government is legally required to pay interest and the Principal. But like any government spending, the process is as I outlined in my link. So long as the central bank targets an interest rate, the bonds will always be sold.

Now P!SS OFF
Edited by b_b, 14 Nov 2016, 05:39 PM.
(S – I) + (T - G) + (M - X) = 0
Profile "REPLY WITH QUOTE" Go to top
 
2 users reading this topic (2 Guests and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Fully Featured & Customizable Free Forums
Learn More · Register Now
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 5



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy