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Australian housing, like everywhere else, is affordable; It is envy based entitlement nonsense to say otherwise
Topic Started: 3 Apr 2012, 09:37 AM (7,112 Views)
TED BULLPIT
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wern
4 Apr 2012, 07:46 AM
Ted, as was stated before, an increase of 8% on a vacancy level of 2% doesn't affect the average property investor.

Also:
Rental vacancies drop in Sydney and Newcastle: http://www.reinsw.com.au/Rental-vacancy-rates-lose-ground-in-Sydney-and-Newcastle/default.aspx
Stockland predicts rent crisis in Perth as vacancy rates are too low: http://news.ninemsn.com.au/article.aspx?id=8446120
Oh dear :lol

An increase of 8.4% is an increase of 8.4% .From around 43,000 vacancies up to over 47,000

And you want to tell me it makes no difference, you should go back to school and have a little think before you put pen to paper. Your intelligence is severely lacking and you have just proved that :D
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TED BULLPIT
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FACT, RENTAL VACANCIES UP 8.4% YOY :lol
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NotFooled
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The Bear Whisperer

TED BULLPIT
4 Apr 2012, 07:58 AM
... Your intelligence is severely lacking and you have just proved that :D
And out come the insults, a sure sign your argument cannot stand on its own merits.
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wern
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TED BULLPIT
4 Apr 2012, 07:58 AM
Oh dear :lol

An increase of 8.4% is an increase of 8.4% .From around 43,000 vacancies up to over 47,000

And you want to tell me it makes no difference, you should go back to school and have a little think before you put pen to paper. Your intelligence is severely lacking and you have just proved that :D
I didn't say it doesn't make a difference. I said it doesn't affect the average investor. Do you think that 5000 extra rental vacancies in Australia, a country with over 22 million people, will affect the average property investor?

And you probably didn't open the links I provided. Both refer to very low rental vacancy rates.
Edited by wern, 4 Apr 2012, 08:09 AM.
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Shadow
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Evil Mouzealot Specufestor

Rastus2
3 Apr 2012, 11:11 PM
Picasso's paintings are affordable.. people buy them so they must be
Paintings in general are affordable, in the same way houses in general are affordable. Yes, there are lots of houses/paintings, and many people are buying them, so they must be affordable to many people.

A Picasso is a special type of painting, a very rare and expensive one, so you can't really compare a Picasso to housing in general. You could compare a Picasso to a luxury Sydney waterfront mansion. There are very few Picassos, few people buy them, and they are affordable to only a small group of people.
Edited by Shadow, 4 Apr 2012, 09:05 AM.
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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Frank Castle
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Business As Usual

TED BULLPIT
4 Apr 2012, 07:41 AM
Another great start to another great day, right Mr Castle :D
Every day is a great day Crazy dave, today is especially glorious :lol

Quote:
 
You have extended your vocabulary recently. You sound more bitter and tormented than usual.


Judging by your continual venomous rants on this forum it is clearly you who is bitter and tormented.
Whats wrong?
Is it because you missed out on those Moranbah and Dysart properties you so coveted but never had the prescience to buy ?
or has your rent gone up again?
Perhaps your LL kicked you to the kerb again?
Quote:
 
Hopefully you can pay down your first IP

I have several properties paid down, right down , including my PPOR
Every week, a little more gets paid down, thanks to the free money my tenants pay me weekly :D
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before entering the nursing home shortly

Shortly?
I am in my 40's crazy dave, I have a long way to go.

How about you, what sort of institution will you be in or have you recently escaped?

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Just a fact to start your day with Mr Castle : Rental vacancies UP 8.4% YOY

Another fact of life is that they are down on last month, down down down
And in my main area they are currently at 0.5%
Thats 0.5% dave, even if they rose 8.4% they would be at 0.542% :lol
And inconvenient truth for you eh?
Edited by Frank Castle, 4 Apr 2012, 09:13 AM.
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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TED BULLPIT
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Shadow
4 Apr 2012, 09:03 AM
Paintings in general are affordable, in the same way houses in general are affordable. Yes, there are lots of houses/paintings, and many people are buying them, so they must be affordable to many people.

A Picasso is a special type of painting, a very rare and expensive one, so you can't really compare a Picasso to housing in general. You could compare a Picasso to a luxury Sydney waterfront mansion. There are very few Picassos, few people buy them, and they are affordable to only a small group of people.
:D I am here to clean up the bullshit, and the crap that comes from their mouths and minds. Continual bad advice trying to push others down the low road .
Whats it feel like fighting a losing battle ? :lol
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TED BULLPIT
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:D You have lost Mr Castle :D
You want to say that 8.4% does not make a difference, but yesterday you spend all day in desperation trying to tell us that they have dropped from 1.8% to 1.7%. Have a look at the desperation in such rubbish. This shows just how desperate you are and what sort of a mess you are in :lol
You must be constipated Mr Castle and have fluid build up on your brain. Nothing a few laxatives wont fix :lol
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Shooter McGavin
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Well, Real Estate is a hobby of mine
Shadow
3 Apr 2012, 04:05 PM
What is your alternative to living in a house?
Without sounding like im stroking myself (which seems to happen more often that not on here) some of us are fortunate enough to have a house rented for us with our careers. I do badly want to own my own 'little piece of australia' , but i want to wait for the carbon tax to come through, before I make a move
Damn you people. Go back to your shanties
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Frank Castle
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Business As Usual

TED BULLPIT
4 Apr 2012, 09:41 AM
You have lost Mr Castle
What have I lost exactly?

Quote:
 
You want to say that 8.4% does not make a difference,

Correct
8.4% of 0.5% (in my area) or 1.7% nationally makes not a jot of difference

Quote:
 
but yesterday you spend all day

a couple of posts equates all day in your delusional mind :wak:

Quote:
 
in desperation trying to tell us that they have dropped from 1.8% to 1.7%.


No desperation chump, thats a fact

Quote:
 
Have a look at the desperation in such rubbish. This shows just how desperate you are

Look to your own craaazzzy postings for evidence of desperation

Quote:
 
and what sort of a mess you are in

Care to explain what sort of mess I am in?
Quote:
 
You must be constipated Mr Castle and have fluid build up on your brain. Nothing a few laxatives wont fix :lol

More evidence of your idiocy. :wak:




Edited by Frank Castle, 4 Apr 2012, 11:08 AM.
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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