I'm here because this is the most balanced property forum in Australia -- not overly bearish, nor overly bullish, so the quality of debate is high. I'm here to learn.
How about you answer the bull presence thread first, or are you just baiting as usual?
What a surprise Nelson/Strindberg haven't replied.
Not really bear or bull - well definitely not bull. Here to do some research. I've no doubt that housing in Australia is unaffordable to the average FHB. To me people like Steve Keen talk a lot of sense and having personal experience with the Irish property crash I don't want to rush into buying at the top of the market with the risk of a major correction and the effect that could have on the economy. And more importantly, to our family finances. It's hard to figure out if i'm biased because I'm Irish or that Aussies are biased towards thinking it's different here and can't see the wood for the trees?
I still dip into bubblepedia, but I visit this for a balanced view. Personally, I feel this would be a great forum if there wasn't so much time wasted on childish bull vs bear baiting/name calling. I understand this is an emotive issue and sometimes even the most genial folk get goaded into attack/defence at times. It's hard not to when you are verbally attacked for expressing your views. But luckily there are enough sensible rational bullish ideas out there to make it worth persisting with.
Mostly here because the moron admins banned me from CC, fuck knows why ! I could do without the spruiking from frank and shadow and apart from that its a decent forum here.
If people realize how damaging excess debt is to their lives maybe things will change for the better
I tried to set up my own forum first but it wasn't successful and I think this ones better anyhow
I joined after credit crunch shut down my account
Peak Debt: A term coined by Jaswant Jain in 2006. Debt taken on by an economy must reach a limit. Then deflation is inevitable as consumption is reduced to repay the debt. Peak Debt Blog
Mostly here because the moron admins banned me from CC, fuck knows why ! I could do without the spruiking from frank and shadow and apart from that its a decent forum here.
Credit crunch is somewhat of a joke and a disaster, that's the general consensus.
Mostly here because the moron admins banned me from CC, fuck knows why ! I could do without the spruiking from frank and shadow and apart from that its a decent forum here.
Me too ! Credit crunch is run by grade-A drongos, they ought to have listened to what I said but my truth scared them !
Australian Real Estate Prices Can't Defy Gravity. Markets ALWAYS Revert To The Mean.
To expose the Australian property market for what it has become,
A tool of banks to propetuate their credit cycle A gravy train for parasites like RE agents, loan brokers, media outlets A con job to steal the retirement savings of millions of Australians. To name but a few.
Shadow was hopelessly wrong about the Gold Bull Market. What else is he wrong about?
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