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Sydney housing market is overvalued by 40%
Topic Started: 16 Nov 2016, 04:44 PM (4,097 Views)
Rufus
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Simon_S
17 Nov 2016, 02:35 PM
I didn't make that Call........

What was my call again?
hard to tell, you pushed the line that property in Sydney is 40% overvalued and therefore you expect a crash, but you also called for an 18% rise.

http://australianpropertyforum.com/single/?p=10010062&t=30034481

Quote:
 
I'm more than happy to accept an 18% rise...........

You are a very mixed up guy.
Edited by Rufus, 17 Nov 2016, 04:02 PM.
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
17 Nov 2016, 04:02 PM
hard to tell, you pushed the line that property in Sydney is 40% overvalued and therefore you expect a crash, but you also called for an 18% rise.

http://australianpropertyforum.com/single/?p=10010062&t=30034481



You are a very mixed up guy.

So I'm Louis Christopher........

Quote:
 
Authored by SQM director Louis Christopher, the report warns that prices could boom as much as 18 per cent in Sydney next year if lending rates are cut again- leading to eventual downturn.
According to Mr Christopher, the Sydney market is now its most overvalued since 2003.


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Terry
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Simon_S
17 Nov 2016, 04:18 PM

So I'm Louis Christopher........



The celebrity of Louis Christopher, etc is a result of the suburbanites' obsession with property. If there were a property crash and prices retrenched 40% for an extended period, they would sink into obscurity.
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Rufus
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Simon_S
17 Nov 2016, 04:18 PM
So I'm Louis Christopher........



No you are quite clearly not Louis, he's a very smart guy, whilst you are not.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Terry
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Rufus
17 Nov 2016, 04:41 PM
No you are quite clearly not Louis, he's a very smart guy, whilst you are not.
Interesting. Why do you think he is smart? Because he created an index and can sell it? I would definitely think he has a firm grasp of applied math. Is that why you think he's smart?
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Simon_S
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Rufus
17 Nov 2016, 04:41 PM
No you are quite clearly not Louis, he's a very smart guy, whilst you are not.
And Yes these are his words:

Quote:
 
SYDNEY’S property market is overvalued by 40 per cent

Quote:
 
Reserve Bank needs to take steps to stop a “a dangerous housing bubble”

Quote:
 
Sydney market is now its most overvalued since 2003.


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Terry
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Simon_S
17 Nov 2016, 04:56 PM
And Yes these are his words:







I think what he's trying to say is that LC talks in codes that you cannot understand because of different cognitive abilities.
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stinkbug
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Why haven't we had any of the bears telling us about the 'tipping point'? I haven't heard the term in ages.
Edited by stinkbug, 17 Nov 2016, 07:01 PM.
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Trollie
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Simon_S
17 Nov 2016, 01:48 PM
.But I can certainly spot Bullshit ........

You certainly do take bullshit hook line and sinker.
Simon_S
17 Nov 2016, 02:35 PM
What was my call again?
No one knows because you refuse to do anything but spot bullshit and repeat it :re:

Here's your chance timo, what's your big call hero?
Edited by Trollie, 17 Nov 2016, 08:06 PM.
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Simon_S
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Trollie
17 Nov 2016, 08:04 PM
You certainly do take bullshit hook line and sinker.

No one knows because you refuse to do anything but spot bullshit and repeat it :re:

Here's your chance timo, what's your big call hero?
Iv'e already made a call.....

Rufus should remember it.........But with his Dementia and all well you know...

Its there some where go find it.


stinkbug
17 Nov 2016, 07:01 PM
Why haven't we had any of the bears telling us about the 'tipping point'? I haven't heard the term in ages.
Tipping point?

Its all outlined here:Tipping point

Edited by Simon_S, 17 Nov 2016, 11:00 PM.
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