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Remember how 2016 was meant to be the year the housing bubble started to seriously deflate?; Silly bears wrong yet again...
Topic Started: 4 Jan 2017, 09:35 AM (4,281 Views)
Rufus
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Terry
4 Jan 2017, 03:54 PM
OK. The most reputable and established opinion polling organization in North America is "vague" because you said so.
An opinion is just the thought going through the mind of the person offering that opinion in that instant, 5 minutes later that opinion may have changed, or the opinion was always wrong but the opinion giver offered something that he thought would please the opinion takers wants needs and objectives - people often are not candid when they give opinions. They like to please others.

If you went to a group of people and asked them an opinion on a highly controversial subject on a show of hands, that result would conflict with opinions given in complete anonymity.

One of the reasons why polls are so wrong sometimes - EG the recent Trump victory.

But of course an expert like you would already know this.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Chris
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Rufus
4 Jan 2017, 03:31 PM
Seriously Chris -

1. I didn't advise anyone to buy a house.

2. I did point out to a number of posts berating some for advising them to NOT BUY a house because it has cost them dearly.

3. I could have quoted one of your posts also berating the bears for advising you to not buy when you should have (pot/kettle Chris?)

4. The median price for a house in Australia is $631,000 according to ABS Data, not $700K

5. I live in Brisbane where the median price is $537,000 and many very nice homes can be bought for around $400,000.

6. Get a life Chris

Well that is their job.

That's why you love them so much, vague stats.
Pete you are right I did take advice in my mid-late twenties not to buy. The fact remains I was not in a financial position to do so anyway, I spent the proceeding 5 yrs saving $20k+ a year to find myself so far behind the game I can barely afford an apartment with more than one room.

I ask this question to many of my friends who have purchased;

"If you had to buy your house again today with the same deposit could you afford to do it?".

These are people who have had their homes between 3-5yrs and are all earning more money today, every single one of them are doubtful they could. That shows me a significant problem with dire consequences, something pro property people will never ever chose to see. You are one of those people Pete, you will never ever acknowledge any risk in the market because it is counterintuitive to your career, your personal investments and your greed.
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Simon_S
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Chris
4 Jan 2017, 04:48 PM
something pro property people will never ever chose to see. You are one of those people Pete, you will never ever acknowledge any risk in the market because it is counterintuitive to your career, your personal investments and your greed.
Bingo.....

That's why I asked the question earlier and they have avoided it at all cost.

Quote:
 
But when that "Time" comes what will you do?

Its obvious by the the statement that you know that time is coming...


Lets see what they come back with.....

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herbie
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Chris
4 Jan 2017, 04:48 PM
Pete you are right I did take advice in my mid-late twenties not to buy. The fact remains I was not in a financial position to do so anyway, I spent the proceeding 5 yrs saving $20k+ a year to find myself so far behind the game I can barely afford an apartment with more than one room.

I ask this question to many of my friends who have purchased;

"If you had to buy your house again today with the same deposit could you afford to do it?".

These are people who have had their homes between 3-5yrs and are all earning more money today, every single one of them are doubtful they could. That shows me a significant problem with dire consequences, something pro property people will never ever chose to see. You are one of those people Pete, you will never ever acknowledge any risk in the market because it is counterintuitive to your career, your personal investments and your greed.
Stop f***ing crying Chris - No-ones f***ing interested. Grow a pair - Grow up ... Ya f***ed up. Get over it 'n move along ...
Edited by herbie, 4 Jan 2017, 05:04 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Rufus
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Chris
4 Jan 2017, 04:48 PM
Pete you are right I did take advice in my mid-late twenties not to buy. The fact remains I was not in a financial position to do so anyway, I spent the proceeding 5 yrs saving $20k+ a year to find myself so far behind the game I can barely afford an apartment with more than one room.

I ask this question to many of my friends who have purchased;

"If you had to buy your house again today with the same deposit could you afford to do it?".

These are people who have had their homes between 3-5yrs and are all earning more money today, every single one of them are doubtful they could. That shows me a significant problem with dire consequences, something pro property people will never ever chose to see. You are one of those people Pete, you will never ever acknowledge any risk in the market because it is counterintuitive to your career, your personal investments and your greed.
Jeez Chris where have I EVER said there was NO RISK.

You keep making things up. If you want someone to demonise then fine choose me, but realise that you are talking bullshit, at least be honest with yourself.
You made choices - own them.
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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herbie
4 Jan 2017, 05:02 PM
Stop f***ing crying Chris - No-ones f***ing interested.
Interesting take on spotting the obvious you chose to ignore.......

Chris: Sit back and enjoy the ride as these guys deny and divert from the reality that awaits them.

They will then go on to blame everyone else for their situation when it all falls apart instead of taking responsibility for their stupidity.

Just Remember that you're smart enough to see it and therefore will most likely benefit in the End.


Edited by Simon_S, 4 Jan 2017, 05:09 PM.
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Terry
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Rufus
4 Jan 2017, 04:35 PM
An opinion is just the thought going through the mind of the person offering that opinion in that instant, 5 minutes later that opinion may have changed, or the opinion was always wrong but the opinion giver offered something that he thought would please the opinion takers wants needs and objectives - people often are not candid when they give opinions. They like to please others.

If you went to a group of people and asked them an opinion on a highly controversial subject on a show of hands, that result would conflict with opinions given in complete anonymity.

One of the reasons why polls are so wrong sometimes - EG the recent Trump victory.

But of course an expert like you would already know this.
Your understanding of opinion polling shows why you're a sales rep, not a researcher for Gallup.
Edited by Terry, 4 Jan 2017, 05:10 PM.
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Trollie
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Simon_S
4 Jan 2017, 02:37 PM
They haven't misses out at all. They can all buy after the House Price Collapse......

They get cheaper houses and lower debt......Win - win

Can't wait.

And yet here you are still waiting years later timo.
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Rufus
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Terry
4 Jan 2017, 05:09 PM
That's why you're a sales rep, not a researcher for Gallup.
I understand, you've had the shit kicked out of you all day, you need to get a pointless fact free jibe in.

Well done.
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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Trollie
4 Jan 2017, 05:12 PM
And yet here you are still waiting years later timo.
LOL........not long now.

Years of waiting will equal decades off the time spent making Mortgage Repayments for those who purchase after the Crash.





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