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When will the Bulls eat humble pie on WA?
Topic Started: 24 Mar 2017, 12:18 AM (19,206 Views)
Jimbo
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Matthew
13 Apr 2017, 11:12 AM
No Dimshit, I provided the fall in prices relative to rent. it shows clearly that dumb shits like you who have rented waiting for a crash over the past two and a half plus years have rented away your wealth into the pockets of your landlord.
But still you won't produce any numbers Mateys?

I have clearly shown that someone paying average rent for the last three years would have saved a considerable sum of money compared to someone who took out a mortgage on an average home over the same period.

You have jumped up and down and thrown your toys out of the pram.

Is it Easter yet Matey?
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Matthew
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Jimbo
13 Apr 2017, 04:42 PM
I have clearly shown
Nothing at all. You haven't shown a thing Dimshit. As you are unable to quantify any of average rent, average mortgage or average person you have just spewed absolute dead set bullshit.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Jimbo
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Matthew
13 Apr 2017, 05:43 PM
Nothing at all. You haven't shown a thing Dimshit. As you are unable to quantify any of average rent, average mortgage or average person you have just spewed absolute dead set bullshit.
If you dispute the numbers I have provided, come up with some numbers of your own.

All this waffling and shouting is not proving anything Matey.

(other than that you are a complete twat, which we already know anyway).
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Matthew
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Jimbo
13 Apr 2017, 08:35 PM
If you dispute the numbers I have provided, come up with some numbers of your own.

The numbers were provided n post 195 of this thread Dimshit. Don't make me repeat myself because you are a smug f***. You started making yourself look stupid again in post 201 and have shown no sign of slowing down.

Quote:
 
All this waffling and shouting I am doing is not proving anything Matey.
I agree, so stop

Quote:
 
(other than that I am a complete twat, which you already knew anyway).
Again I agree. You are a complete twat.

Edited by Matthew, 13 Apr 2017, 09:42 PM.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Rufus
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So exactly how big has the fall from peak been in Perth.

Does anyone know?


About 10% to 12% maybe.
Take risks - if you win you will become wealthy, if you lose you will become wise
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newjez
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Rufus
13 Apr 2017, 10:01 PM
So exactly how big has the fall from peak been in Perth.

Does anyone know?


About 10% to 12% maybe.
Sounds about right.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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herbie
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Rufus
13 Apr 2017, 10:01 PM
So exactly how big has the fall from peak been in Perth.

Does anyone know?


About 10% to 12% maybe.
About 6.75% is me recollection Rufus (on established houses): http://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/6416.0Dec%202016?OpenDocument

'Tho expect it's more on apartments? (But couldn't be bothered checkin').

Sheesh, some of them Sandgropers is such emotive little souls.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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hidflect
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The pool of money off-shored by the Chinese is beginning to run out since the Chinese govt. cracked down on the iron ore rort they used to get money out. As a result we see NY commercial sales crashing now by 80%
New York’s Office Market Gets Crushed, Bubble Deflates


The reason Commercial Realty goes first is because they are big ticket items usually running into $100's of Millions. I wonder how much is left in the pool to sustain global housing purchases? 3 months? 5 months? Unless they can bribe their way high up enough the ladder to allow the spigot to turn back on, they're doomed.

And with the demise of the IO money laundering, the price of IO is also dropping swiftly (if you need evidence the laundering is behind the hot money). Watch the IO price. It will tell you if any new money is coming through.
Iron ore price drops to five-month low

The Bull's business model is predicated on fraud and corruption.. but they know that already.
Edited by hidflect, 13 Apr 2017, 10:40 PM.
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herbie
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hidflect
13 Apr 2017, 10:35 PM
The pool of money off-shored by the Chinese is beginning to run out since the Chinese govt. cracked down on the iron ore rort they used to get money out. As a result we see NY commercial sales crashing now by 80%
New York’s Office Market Gets Crushed, Bubble Deflates


The reason Commercial Realty goes first is because they are big ticket items usually running into $100's of Millions. I wonder how much is left in the pool to sustain global housing purchases? 3 months? 5 months? Unless they can bribe their way high up enough the ladder to allow the spigot to turn back on, they're doomed.

And with the demise of the IO money laundering, the price of IO is also dropping swiftly (if you need evidence the laundering is behind the hot money). Watch the IO price. It will tell you if any new money is coming through.
Iron ore price drops to five-month low

The Bull's business model is predicated on fraud and corruption.. but they know that already.
'N never forget that it's all tha baby boomers' fault! - LOL ... As in Yawn ... :)

Sheesh, ya startin' ta sound a tad excited 'n/or excitable Hidflect?
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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herbie
13 Apr 2017, 10:24 PM
About 6.75% is me recollection Rufus (on established houses): http://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/6416.0Dec%202016?OpenDocument

'Tho expect it's more on apartments? (But couldn't be bothered checkin').

Sheesh, some of them Sandgropers is such emotive little souls.
Based on the records I have for the CoreLogic Daily index, the peak of 632.54 occurred on the 4th January 2015.

Today it is 568.33, so on that index it's down 10.15% ( https://www.corelogic.com.au/research/daily-indices.html )

But maybe houses have fallen less than the all dwellings index. Either way, 10% is a correction, not a crash, although Perth may have more downside left.





Take risks - if you win you will become wealthy, if you lose you will become wise
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