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Australia's Haunted Housing Market; They're rising at the slowest pace in more than two decades.
Topic Started: 25 Jun 2017, 02:31 AM (2,090 Views)
hidflect
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Every trader I've ever seen uses a Bloomberg terminal for their news and data. See the graphs within...

Australia's Haunted Housing Market

You know that horror-film trope where some piece of ominous information is missed by all the characters? Where the dire warnings of the one wise old Cassandra who spots what's going on are inevitably ignored?

Something similar is happening in Australia's frothy housing market.
Edited by hidflect, 25 Jun 2017, 02:32 AM.
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Simon_S
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hidflect
25 Jun 2017, 02:31 AM
Every trader I've ever seen uses a Bloomberg terminal for their news and data. See the graphs within...

Australia's Haunted Housing Market

You know that horror-film trope where some piece of ominous information is missed by all the characters? Where the dire warnings of the one wise old Cassandra who spots what's going on are inevitably ignored?

Something similar is happening in Australia's frothy housing market.
Ahhh.....Good Times.....
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Trollie
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"For most of Australia's recent history, building has struggled to keep pace with household formation."

But you lot have claimed there's no under supply. Don't tell you me were wrong?
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Matthew
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hidflect
25 Jun 2017, 02:31 AM
Every trader I've ever seen uses a Bloomberg terminal for their news and data. See the graphs within...

Australia's Haunted Housing Market

You know that horror-film trope where some piece of ominous information is missed by all the characters? Where the dire warnings of the one wise old Cassandra who spots what's going on are inevitably ignored?

Something similar is happening in Australia's frothy housing market.
Quote:
 
all the headlines about the undimmed pace of house price inflation -- up 19 percent in Sydney during March, pushing the median house price in the city to A$1.15 million


Quote:
 
That's why it's worth looking at the state of rents. Right now, they're growing


Quote:
 
For most of Australia's recent history, building has struggled to keep pace with household formation. Supply of new homes has kept close to demand, and as a result rents have tended to grow


My only hope for my three boys is that they turn out nothing at all like Chris.
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Ex BP Golly
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Trollie
25 Jun 2017, 11:40 AM
"For most of Australia's recent history, building has struggled to keep pace with household formation."

But you lot have claimed there's no under supply. Don't tell you me were wrong?
I'd say "struggled to keep pace" denotes a subjective viewpoint on the matter. I look at the same chart used and say "until recently when to many homes were built, building starts have kept pace nicely with household formation":

Posted Image
Edited by Ex BP Golly, 25 Jun 2017, 04:15 PM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Trollie
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Ex BP Golly
25 Jun 2017, 04:12 PM
I'd say "struggled to keep pace" denotes a subjective viewpoint on the matter. I look at the same chart used and say "until recently when to many homes were built, building starts have kept pace nicely with household formation":

Posted Image
You see that because you post a graph showing wobbly data based on forecasts
Edited by Trollie, 25 Jun 2017, 05:28 PM.
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Ex BP Golly
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Trollie
25 Jun 2017, 05:27 PM
You see that because you post a graph showing wobbly data based on forecasts
Are you retarded?

The special note on the graph is that the figures from 2016 are forecasts only.

Not sure they really need to tell most people that future figures are forecasts.

They probably just do that for the extraordinarily dumb people who get confused by such things!
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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Simon_S
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Ex BP Golly
25 Jun 2017, 05:55 PM
Are you retarded?
That has been evident for a Long time.....

You are being kind by even asking....

Edited by Simon_S, 25 Jun 2017, 06:02 PM.
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Trollie
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Ex BP Golly
25 Jun 2017, 05:55 PM
Are you retarded?

The special note on the graph is that the figures from 2016 are forecasts only.
The note says ALL house hold formation figures are forecasts.

ALL of them golly. ALL, do you want to debate what the meaning of the word ALL is :lol
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Ex BP Golly
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Trollie
25 Jun 2017, 08:13 PM
The note says ALL house hold formation figures are forecasts.

ALL of them golly. ALL, do you want to debate what the meaning of the word ALL is :lol
Big deal.

WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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