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Just think if we didn't have tha internet; Would'a dudes like Chris 'n Frummy trashed their finances bettin' against house price rises in Melbourne 'n Sydney?
Topic Started: 6 Jan 2017, 01:54 PM (1,397 Views)
Chris
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herbie
6 Jan 2017, 08:36 PM

For me at least Chris, there came a time in me guts when I KNEW I woz wrong - 'N needed ta DO something. So did.

'N any tripe about bull 'jizz' or bear 'wee wee' or such like, woz ('n remains) irrelevant.
Well this is all circumstantial. You are assuming we are all working from an even and Burrell platform where every man and woman has as equal opportunity to move ahead as the person standing next to them.

This is part romance part delusion herb, the opportunities you had once you made that decision were far more generous than anyone in my generation. I was left with the premise that I'd buy knowing I would be doing so not to join the game but out of desperation not to be left behind. Although I would be in the game I would never really get off the rookie list and the best I could hope for is a small unit or a house in an area that is devoid of amenities, transport and community.

I'd rather rent than be a patsy, I've got money and I'll be okay either way. I may buy a house but I will do so when it is best for me and my family not because a gen x or baby boomer is demanding I do it so they can be assured their great property dream lives on.
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Terry
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b_b
6 Jan 2017, 07:14 PM
I think this is an excellent question.

I know I was anti property in my early 20s. Straight out of uni, I thought I knew best. But after a few years of doing my own research as to what drives property prices I saw an opportunity to buy before the GST was implemented and other government costs were going to drive up replacement cost.

Information was harder to get back then. So once you got it, you really thought about the data because it was truely valuable.

Today, information (good and bad) is easy to get. Today, information is misinterpreted as knowledge. You see it here all of the time. People like Simon have no independent thought - just information grabs that support a bias. And he will believe he has knowledge (rather than information).

So I say that people's behavior would be different. They would be forced to think more, rather than find others to do their thinking for them.
Actually, "quality" data is not easy to get now and valuing data because you have access to it is limited if you have no idea how to manage or deal with data.
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herbie
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Chris
6 Jan 2017, 09:25 PM
I'd rather rent than be a patsy, I've got money and I'll be okay either way. I may buy a house but I will do so when it is best for me and my family not because a gen x or baby boomer is demanding I do it so they can be assured their great property dream lives on.
As I said ta ya here (on 22 December 2016):

"Well, Merry Chrissy ta you 'n yours too Chris.

'N as to a stupid ole man's thoughts on 2017 (for 'tha likes' of you?), I just kinda reckon ya need ta have some sorta go - Sure, don't buy a shitbox in Melvegas if ya just can't bring yaself ta see any value or worth there for you at this time; But if ya don't then at least try ta push a bit extra inta super or some other form of savings or investment maybe?

'Tho sure, any a them could go cnt up too - But hey, I still reckon it's gotta be worth a shot ta be havin' some sort of a go?

'N all tha very best for 2017 regardless!"

http://australianpropertyforum.com/single/?p=10014415&t=30044849
Terry
6 Jan 2017, 09:28 PM
Actually, "quality" data is not easy to get now and valuing data because you have access to it is limited if you have no idea how to manage or deal with data.
Well done Catweazle - Ya managed ta make a post without mentionin' tha 's' word.
Edited by herbie, 6 Jan 2017, 09:45 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Rastus2
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Trollie
6 Jan 2017, 07:38 PM
Were you feeling a bit left out and needed to just post something, anything?
Was there a need for your post ? or just expressing your feelings by lashing out ?
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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