Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
Lyin' Dave (David Llewellyn-Smith) of Macrobusiness claims he has 'never called the bust before'; More blatant lies from Houses and Holes
Topic Started: 22 Jun 2017, 11:07 AM (1,946 Views)
Rat
Member Avatar
Filthy Rodent

Lyin' Dave of Macrobusiness continues to rewrite history.

Writing as 'Houses and Holes' today, David Llewellyn-Smith claims he has never called the bust before, despite yelling 'hit the bid' and calling the bust multiple times since 2010...

Quote:
 
Posted Image

The housing bubble is going to bust this time By Houses and Holes

Gavin MEMBER
June 22, 2017 at 5:15 am
So much bear porn on a Thursday morning… Now what will I do until the weekend?

Houses and Holes MEMBER
June 22, 2017 at 5:21 am
Call it that if you like. To me it’s stating the obvious. Contrary to some propaganda, I’ve never called the bust before.

Posted Image


'This blogger reconfirms his assessment of the bust ahead for Australian housing.' -- David Llewellyn-Smith, 2010

'It is a near certainty that Australian housing will lose value in nominal and real terms for the next decade' -- David Llewellyn-Smith, March 2011

'Over the 2017-19 period national house prices fall 30% in nominal terms. Perth, Adelaide and Darwin halve.' -- David Llewellyn-Smith, May 2015

'An Australian house price crash is inevitable and cannot be avoided' -- Leith van Onselen, 2010

Of course, this is not the first time Lyin' Dave has tried to rewrite history...

David Llewellyn-Smith (Houses and Holes) of MacroBusiness attempts to rewrite history. Backing away from his 2011 prediction.

David Llewellyn-Smith (Houses and Holes) of MacroBusiness rewrites history again, claims "I told folks to get long property in 2009"
Attached to this post:
Attachments: Lying_Dave_Lies_Again.jpg (25.64 KB)
Attachments: DLS_Tells_More_Lies.jpg (15.27 KB)
Edited by Rat, 22 Jun 2017, 11:12 AM.
Consumer protection laws extended to small businesses. Banks not permitted to repossess due to non-monetary defaults (for example, a fall in the property value).
Profile "REPLY WITH QUOTE" Go to top
 
Bullion Baron
Unregistered

https://www.macrobusiness.com.au/2010/10/bust-or-flatline

"Bust or flatline? By Houses and Holes on October 13, 2010

Two recent stories have this blogger reconfirming its assessment of the bust ahead for Australian housing...

Sydney outer suburbs look particularly vulnerable to a correction and the inner city to flatlining, again.

This blogger also expects the same phenomenon to play out nationally."
"REPLY WITH QUOTE" Go to top
 
Don't Buy Now
Member Avatar

Way too much attention on the inflection point!

As though people will be able to sell for close to peak or immediately after!

Exits get very crowded and block very quickly!

Bubbles need plentiful fools and greedy holders and history shows sentiment turns with astonishing abruptness!

My Don’t Buy Now! mantra points to the very bad personal economics of buying a house under current circumstances!

Renting is way cheaper, flexible and risk-free!

Pundits sorely underestimate just how far from fundamental value the whole circus is!

Save into in the sharemarket, avoiding banks and domestic consumption!

Slough consumer debt, particularly that vile youth tax HECS!

Yes the thugs renamed it HELP, when it actually puts a hex on those starting out!

Australia’s immediate future will be awful for anyone who has never lived through a recession as an economic actor!

Peanut butter sales are set to soar!

Don't Buy Now!
Profile "REPLY WITH QUOTE" Go to top
 
stinkbug
Member Avatar


That rant felt very 2007.

Time for some new material.
---------------------------------------------------------------

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.

Profile "REPLY WITH QUOTE" Go to top
 
Ex BP Golly
Member Avatar


stinkbug
22 Jun 2017, 02:35 PM
That rant felt very 2007.

Time for some new material.
More ground hog day.

Every morning you wake up, look across through the real estate pages; read the manufactured good news and happily sigh, "I'm one of life's winners because I got a mortgage".
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
Profile "REPLY WITH QUOTE" Go to top
 
zaph
Default APF Avatar


Don't Buy Now
22 Jun 2017, 11:51 AM
Way too much attention on the inflection point!

As though people will be able to sell for close to peak or immediately after!

Exits get very crowded and block very quickly!

Bubbles need plentiful fools and greedy holders and history shows sentiment turns with astonishing abruptness!

My Don’t Buy Now! mantra points to the very bad personal economics of buying a house under current circumstances!

Renting is way cheaper, flexible and risk-free!

Pundits sorely underestimate just how far from fundamental value the whole circus is!

Save into in the sharemarket, avoiding banks and domestic consumption!

Slough consumer debt, particularly that vile youth tax HECS!

Yes the thugs renamed it HELP, when it actually puts a hex on those starting out!

Australia’s immediate future will be awful for anyone who has never lived through a recession as an economic actor!

Peanut butter sales are set to soar!

Don't Buy Now!
Sue them.

I'll be in the third row wearing a red carnation.
Profile "REPLY WITH QUOTE" Go to top
 
Chris
Default APF Avatar


Oh Shadow, let it go man.
stinkbug
22 Jun 2017, 02:35 PM
That rant felt very 2007.

Time for some new material.
Socks posing as bears tend to get a very boring very quickly.
Edited by Chris, 22 Jun 2017, 05:19 PM.
Profile "REPLY WITH QUOTE" Go to top
 
Trollie
Member Avatar


Chris
22 Jun 2017, 04:37 PM

Socks posing as bears tend to get a very boring very quickly.
You'd know I guess :re:
Profile "REPLY WITH QUOTE" Go to top
 
Mallard
Default APF Avatar
Thread killer

Don't Buy Now
22 Jun 2017, 11:51 AM
Way too much attention on the inflection point!

As though people will be able to sell for close to peak or immediately after!

Exits get very crowded and block very quickly!

Bubbles need plentiful fools and greedy holders and history shows sentiment turns with astonishing abruptness!

My Don’t Buy Now! mantra points to the very bad personal economics of buying a house under current circumstances!

Renting is way cheaper, flexible and risk-free!

Pundits sorely underestimate just how far from fundamental value the whole circus is!

Save into in the sharemarket, avoiding banks and domestic consumption!

Slough consumer debt, particularly that vile youth tax HECS!

Yes the thugs renamed it HELP, when it actually puts a hex on those starting out!

Australia’s immediate future will be awful for anyone who has never lived through a recession as an economic actor!

Peanut butter sales are set to soar!

Don't Buy Now!
I still enjoy watching your town hall meeting video on YouTube for entertainment.

Still trying to get your snout in the trough with Prosper?
Collecting desperation.
Ex-Bp Golly April 2 2015. "I see with a slight overshoot -70% [fall in Sydney house prices] as being well within possibility"
Profile "REPLY WITH QUOTE" Go to top
 
herbie
Member Avatar


Don't Buy Now
22 Jun 2017, 11:51 AM
Way too much attention on the inflection point!

As though people will be able to sell for close to peak or immediately after!

Exits get very crowded and block very quickly!

Bubbles need plentiful fools and greedy holders and history shows sentiment turns with astonishing abruptness!

My Don’t Buy Now! mantra points to the very bad personal economics of buying a house under current circumstances!

Renting is way cheaper, flexible and risk-free!

Pundits sorely underestimate just how far from fundamental value the whole circus is!

Save into in the sharemarket, avoiding banks and domestic consumption!

Slough consumer debt, particularly that vile youth tax HECS!

Yes the thugs renamed it HELP, when it actually puts a hex on those starting out!

Australia’s immediate future will be awful for anyone who has never lived through a recession as an economic actor!

Peanut butter sales are set to soar!

Don't Buy Now!
"Australia’s immediate future will be awful for anyone who has never lived through a recession as an economic actor!"

But Simons keeps tellin' us wot "fun" 'n "good times" it'll all be? - Like 'guaranteed' like ... :)
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Free Forums with no limits on posts or members.
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1



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