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Boomers at it again; The most selfish generation can't help but take, take, take
Topic Started: 1 Jul 2017, 09:17 PM (13,995 Views)
Bernie
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Chris
15 Jul 2017, 07:20 AM
and wreaks of the narcissistic characteristics the average property investor poses.

Another baby boomer who can go to their grave (given genetics, sooner rather than later) knowing you won 👍
Do you personally know many property investors or are you making your observations based on your landlord Chris ? :lol
herbie
16 Jul 2017, 04:05 PM
Tha most interestin' thing about Chris is that he just sits there like a big useless blob demandin' wot he sees as his entitlement ('n dreamin' up people ta hate over him not havin' got wot he sees as his entitlement - Wif it bein' tha expectation of a stand alone home in Melvegas 'close' ta tha CBD for maybe 3 or 4 times tha median single person's salary/wage coz that's wot he reckons his dear ole ma 'n pa got) when it's obvious he's simply never gunna get it.

From the tanties he is throwing Chris sounds like an only child who is waiting for his oldies to cark it so he can inherit theirs. I hope his oldies get a reverse mortgage and use the money to go on cruises because he does not deserve a house.
Edited by Bernie, 16 Jul 2017, 06:48 PM.
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Rat
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Filthy Rodent

Sydneyite
16 Jul 2017, 01:14 PM
1) Chris claims Boomers of inter-generational theft, and says he hates them all: "As a generation as a whole, no I hate them for everything they are and what they stand for, which is unbridled greed, inter"-generational theft and selfishness."

2) It turns out, that all that was actually "stolen" (or perhaps unfulfilled would be a better word) is Chris's own self-manufactured sense of personal entitlement. :re: It turned out that no actual property could be identified that had been "stolen" by boomer generations from following generations at all! It also turned out that many Gen X - ie a following generation after the boomers, contains many people who also seem to have done well and don't seem to share either his anger towards boomers or his unfulfilled sense of entitlement - but Chris's angst and bitterness does turns on these people when they point out the facts of history that do not suit his view points......

3) Chris comes out with a number of incorrect statements purported to be facts -

* eg "IR's were never 12% in 1992, they were at 8% max and median was about 7 times not 5 times" - Chris was WRONG - it was shown (using Chris's own posted link) that average SVRs were 12% at the start of 1992 and 10% at the end of 1992. They did not fall below 8% until 1997. The Sydney median detached house price / average single full time wage multiple was 5 in 1992, rising to 8.5 only by 1999.

* eg "in 1999 the [Sydeney] ratio was 5 times, median House $180K" - Again, Chris was WRONG. These figures would have been correct for 1992 (which Chris then argued against later).

When corrected on those, he lashed out naming the posters correcting him as "compulsive liars", who just "make shit up", Of course it turned out, even using the exact links /evidence posted by Chris, that in fact he was wrong the posters he labelled as "liars"were in fact quite correct with their facts. :re:

4) Them while calling Rufus a "twit" and accusing him of lying, Chris thought it was impossible that banks had a much lower share (compared to today) of personal home lending in the past, before the deregulation and the 1990s - he demanded evidence: "please provide hard data supporting your assertion that banks were relegated to minority lenders in the mortgage market to be surpassed by non bank lenders during the 1990's.". Of course Chris was once again WRONG! Rufus provided evidence showing that banks market share had fallen dramatically over the 60s and 70s and that by the 80s was maybe a little more than half the market at best.

5) No apology or retraction was ever forthcoming from Chris for his false accusations. The best we got was this re the Chris's interest rate balls up - "it appears I got a little arse about on years and IR's, it happens." - so it seems that when Chris thought he was right, those who were in fact correct were all compulsive liars, while when Chris finally realises he was wrong, it was a simple error - "ït happens"..... :re: Yea it sure does happen to Chris - a lot, about almost everything he thinks and bases his twisted, bitter and self-entitled views upon...... :dry:

6) Oh yea and Chris also is adamant that personal wealth of property owners doesn't actually increase when the realisable value of the PPOR property assets increase.....
7. Everyone who disagrees with Chris is a 'sock'.


(Chris is basically just a complete muppet)
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).
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Bernie
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Rat
16 Jul 2017, 07:04 PM
7. Everyone who disagrees with Chris is a 'sock'.


(Chris is basically just a complete muppet)
Maybe one day he will grow out of it, then again probably not and will continue to hate everyone until the day he dies and end up being one of the "old crunts" he seems to despise.

I can see why his LandLORD or RE agent would want to wind the 'tard up every time they come to collect his rent or do a property inspection. (assuming that he is no longer living with mummy that is)
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Chris
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Rufus
16 Jul 2017, 01:08 PM
I don't recall telling you to buy a house no matter what it takes.
Do you have a link?

You may get criticised less if you stopped making things up Chris.
Your 'where tgrtsscacwill there's a way' mantra is effectively the same thing is it not? A single minded determination to get a property at any cust, buy small, buy country,
Buy with family/friends I.e. Just buy something at all costs.

Do you deny this is your mantra?
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herbie
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Chris
16 Jul 2017, 08:09 PM
Your 'where tgrtsscacwill there's a way' mantra is effectively the same thing is it not? A single minded determination to get a property at any cust, buy small, buy country,
Buy with family/friends I.e. Just buy something at all costs.

Do you deny this is your mantra?
F*** I reckons ole herbie mustn't actually be a TOTALLY thick ole cnt - Wif me even havin' eventually learnt ta read 'Chrisese':

Wif his "where tgrtsscacwill there's a way" bein' translated inta tha Inglish I savvy as "where there's a will there's a way" 'n his "cust" bein' "cost" (in my lingo) ... :)

Hmmm - 'N as ta mantras, do wot effin' suits ya ya worthless cnt ... I sure as f*** don't care.
Edited by herbie, 16 Jul 2017, 08:22 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Chris
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Sydneyite
16 Jul 2017, 01:14 PM
6) Oh yea and Chris also is adamant that personal wealth of property owners doesn't actually increase when the realisable value of the PPOR property assets increase.....




Wow!

The consortium of vested interests who run this site are looking extremely desperate to silence me. I would have thought such a horribly wrong person like this 'Chris' you speak of would be ignored rather than the need to post such diatribes quoting him. That took a lot of work, numerous paragraphs and research to boot just to find the quotes mmmmmmm. That's a lot of effort for a 'mum and dad' investor, don't you think?! Way to oust yourself shill 👍.

You are an idiot if you think you are getting wealthier just because the home your living in grows in value. If you are living in it, not leveraging off it for any credit or investments then it doesn't matter if it worth $10mil it's just shelter for you. Are you saying a 95 yr old pensioner, who lives in Mosman in a $5mil home and wants to live out her days there, is getting richer if the home rises to $6m? What if it goes to $8m?

What if by her 97 birthday it falls in value to $3.5mil, is she poorer?

Don't misinterpret what I've written, you are scared people will twig to the bullshit propaganda that drives these bubbles. You know damn well the MAJORITY of home owners fit this mould, they simply pay their mortgage and have no other investments or credit drawn from their mortgage l, they simply treat it as a home. House price rises mean nothing for these people until they use the equity to invest, which we know most don't.

As for Rufus banking comment he was wrong. He stated that non-bank lenders became the majority lenders.

I must say though it's nice to see such a concerted effort to denigrate the 'non-believer', it makes it all feel worthwhile 🤗

Hey Sydneyite, you know when you brought your house in Sydney in the early 90's for when prices were 5 times the average income, why do you believe that FHB's today are lazy or stupid because they struggle to buy at 12-14 times average incomes?

Why do you think home ownership for those between 24-35 yrs has fallen to 33% and expected to fall bellow 30% mark in the 2016 census stats, below the figures recorded since the 1950's?

Why do you think they have tended lower since 2001 when house prices in Sydney first became seriously unaffordable at 10x incomes?


Edited by Chris, 16 Jul 2017, 08:42 PM.
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herbie
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Chris
16 Jul 2017, 08:37 PM
Why do you think home ownership for those between 24-35 yrs has fallen to 33% and expected to fall bellow 30% mark in the 2016 census stats, below the figures recorded since the 1950's?

Why do you think they have tended lower since 2001 when house prices in Sydney first became seriously unaffordable at 10x incomes?

Returns on ole f***s cash in bank has fallen from maybes 6.75% pa ta 2.75% pa since 2001 Chris - Ta keep worthless little f***s like you in jobs No?

But ya don't see ole f***s like me on here bitchin' 'n moanin' 'n cryin' about it does ya? (Well not overly anyway - As in we adjusts 'n moves along.)

Yet you seems ta thinks your little issue is somehow eminently unendingly cry worthy?

Hmmm - Eff orf cnt ... I's just not really interested in all ya effin' self directed little tears 'n poor bugger me pity cum I hates everyone wot I reckons done this ta me shit.
Edited by herbie, 16 Jul 2017, 10:22 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
16 Jul 2017, 08:37 PM
As for Rufus banking comment he was wrong. He stated that non-bank lenders became the majority lenders.
No I didn't - that was just one more of your out and out lies Chris.

Take risks - if you win you will become wealthy, if you lose you will become wise
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herbie
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Rufus
16 Jul 2017, 09:10 PM
No I didn't - that was just one more of your out and out lies Chris.
Militant bear = Born sick twisted totally f***ed up innate little liar

Sheesh, he can't even get his shit tagether on tha yarns he spruiks about Aussie Blackfellahs.

Ya's just an eminently disgustin' little grub Chris.
Edited by herbie, 16 Jul 2017, 09:26 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Chris
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Rufus
16 Jul 2017, 09:10 PM
No I didn't - that was just one more of your out and out lies Chris.
Pull the thread and show me you didn't say that or you're the liar pal, we can both play that game.
Edited by Chris, 16 Jul 2017, 11:15 PM.
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