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2012 APF Housing Market Predictions Thread
Topic Started: 19 Dec 2011, 11:47 AM (19,428 Views)
Shadow
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Evil Mouzealot Specufestor

earthsta
20 Dec 2012, 10:47 PM
I enjoying it .... watching you get it completely wrong for ANOTHER year
Actually, I haven't got any predictions wrong this year. My prediction is for Sydney house prices to approach $1M by 2015.

I see you no longer want to talk about your predicted 40% crash from 2009 levels. Is that because prices are still higher than in 2009?
Edited by Shadow, 20 Dec 2012, 10:52 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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earthsta
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Shadow
20 Dec 2012, 10:37 PM
earthsta
20 Dec 2012, 10:34 PM
You've been 100% wrong so far this year. Another year passes without your predicted 9% rise :lol
I haven't predicted a 9% rise. My prediction is for Sydney house prices to approach $1M by 2015.

I have been 10-20% wrong this year, but I'm happy with my 80-90% success rate.

Take your pwning like a man, not a worm
Edited by earthsta, 20 Dec 2012, 10:55 PM.
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Shadow
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Evil Mouzealot Specufestor

earthsta
20 Dec 2012, 10:54 PM
Take your pwning like a man, not a worm
LOL, you're the one with the failed prediction of a 40% crash from 2009 levels. Prices have actually moved in the wrong direction for you - they are higher than when you made the prediction. My own prediction on the other hand has another three years to play out, and prices have at least moved in the right direction - i.e. prices are currently higher than when I first made the prediction.

Earthsta PWND.
Edited by Shadow, 20 Dec 2012, 10:59 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
earthsta
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Shadow
20 Dec 2012, 10:50 PM
earthsta
20 Dec 2012, 10:47 PM
I enjoying it .... watching you get it completely wrong for ANOTHER year
Actually, I haven't got any predictions wrong this year. My prediction is for Sydney house prices to approach $1M by 2015.

I see you no longer want to talk about your predicted 40% crash from 2009 levels. Is that because prices are still higher than in 2009?
We've still got another 3-5 years for my prediction to play out.

You, on the other hand, have two years, one month and a day for your ridiculous million dollar prediction to happen. :lol

I find it HILARIOUS how you can poke fun at my 40% fall prediction statement, yet see nothing amiss with your stupid 60% RISE prediction.

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Shadow
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Evil Mouzealot Specufestor

earthsta
20 Dec 2012, 11:02 PM
We've still got another 3-5 years for my prediction to play out
Nope, your predictions have already failed...

Earthsta, Nov 2009: "for the record, I stated on GHPC earlier in the year that Q3 09 would be the tipping point"
Earthsta, Dec 2009: "The tipping point i.e a descending ROC would be Q309"
Earthsta, Dec 2009: "I'm fairly confident with my call - 40% fall starting in Q3-2009 @ 6-8%pa average"
Earthsta, Dec 2009: "The final bet was that house prices would be lower in March '10 than 12 months earlier"
Earthsta, Jan 2010: "the inflection point was reached last quarter...house prices in Australia are headed down"
Earthsta, Jan 2010: "Q4/2009 will be the tipping point SHOWING A DESCENDING ROC"
Earthsta, Jan 2010: "The 6-8% fall for this year has begun"

But of course there was no 6-8% fall for that year, and prices in March 10 were not lower than 12 months earlier, and there still hasn't been any 6-8% annual fall in any year, and prices are still higher than when you made the predictions, so you failed.

Quote:
 
You, on the other hand, have two years, one month and a day for your ridiculous million dollar prediction to happen.
Incorrect. I have slightly over three years.

Quote:
 
I find it HILARIOUS how you can poke fun at my 40% fall prediction statement, yet see nothing amiss with your stupid 60% RISE prediction.
I haven't made a 60% rise prediction.
Edited by Shadow, 20 Dec 2012, 11:10 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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earthsta
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Shadow
20 Dec 2012, 11:09 PM


Incorrect. I have slightly over three years.



Wouldn't matter. You won't get it right ....... yet again

Shadow
20 Dec 2012, 11:09 PM


I haven't made a 60% rise prediction.


Ah.... I see. Now we're going to argue about what "approach $1" mean :lol

What a whiny little wrigging bitch :bye:

Edited by earthsta, 20 Dec 2012, 11:14 PM.
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Shadow
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Evil Mouzealot Specufestor

earthsta
20 Dec 2012, 11:11 PM
whiny little wrigging bitch
Having been thoroughly PWND yet again, Earthsta reverts to blurting out some angry abuse.

Why don't you bring out the big guns now... post one of your 'hilarious' images to really demonstrate your debating prowess. :re:
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
earthsta
Default APF Avatar


You've been wrong for so long now your contributions are inconsequential.
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Shadow
Member Avatar
Evil Mouzealot Specufestor

earthsta
21 Dec 2012, 08:26 AM
You've been wrong for so long now your contributions are inconsequential.
Incorrect. You're the one with multiple failed predictions of a 40% crash from 2009 levels, when prices have moved in the opposite direction - they are higher than when you made the predictions. My own prediction has three more years to play out, and prices have moved in the right direction - i.e. prices are currently higher than when I first made the prediction.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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NotFooled
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The Bear Whisperer

barns
20 Dec 2012, 10:16 PM

Quote:
 
NotFooled 19 Dec 2011, 12:50 PM
1 -- Gold to pass $2000 AUD

2 -- Major conflict in the Middle East with overt or covert US involvement

3 -- Increasing Chinese aggression at sea as they make a grab for resources leading to an expansion of military budgets by neighboring countries

4 -- Share market all over the place with wild swings

5 -- Someone will claim to have birthed the reincarnation of Steve Jobs

I was too bearish! :lol Completely wrong about gold. Fortunately I didn't take any significant investment decisions based on my gold forecast.

On prediction 5 I think I was close: Thai Group Says Steve Jobs Reincarnated as Warrior-Philosopher

On prediction 3, Asian nations have definitely been upping their military budgets but China hasn't made any decisive military moves.
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