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Leith van Onselen deceit exposed on Macrobusiness by Peter Fraser; Unconventional Economist's deceit exposed
Topic Started: 23 Apr 2012, 03:10 PM (7,861 Views)
Catweasel
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peter fraser
24 Apr 2012, 12:19 PM
that is a complete misquote - I said that I expect Melbourne to fall a total of 10% - that was certainly not an Australia wide expectation - can't you interpret correctly?
More the interesting is how its skull came up with figure of 10%. It the be known that it not have a ability to quantitatively know a future, so a 10% is entirely the ephemeral. It not a matter how the many expert opinion it a read. At the very least, it could aggregate expectation of its expert. Of course it may like mouse to believe facade that it have the "model", when in the fact, its vision of the future as concrete as the unicorn.
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schooner
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The Punisher
23 Apr 2012, 09:29 PM
It's as if he's refreshing the page to be first in to comment on all housing issues....
Its like Pete can talk the legs of a table, thats what your really trying to say.
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Trojan
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peter fraser
24 Apr 2012, 12:19 PM
that is a complete misquote - I said that I expect Melbourne to fall a total of 10% - that was certainly not an Australia wide expectation - can't you interpret correctly?
Waiting for audas to post another list of Degrees/Masters/PhDs to prove he is an expert at interpretting internet postings and why he is more qualified to interpret Peter's comments than Peter himself!! :to:
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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peter fraser
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Trojan
24 Apr 2012, 03:20 PM
peter fraser
24 Apr 2012, 12:19 PM
that is a complete misquote - I said that I expect Melbourne to fall a total of 10% - that was certainly not an Australia wide expectation - can't you interpret correctly?
Waiting for audas to post another list of Degrees/Masters/PhDs to prove he is an expert at interpretting internet postings and why he is more qualified to interpret Peter's comments than Peter himself!! :to:
I don't think that audas will comment on this today.

It was a little disappointing that when pressed in another thread to prove their point, they were unable to and so the comments were turned off.

Thread

When an apology is in order, an apology should be made.

Any expressed market opinion is my own and is not to be taken as financial advice
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Strindberg
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peter fraser
24 Apr 2012, 06:42 PM
I don't think that audas will comment on this today.

It was a little disappointing that when pressed in another thread to prove their point, they were unable to and so the comments were turned off.

Thread

When an apology is in order, an apology should be made.
You'll get no apology from the devious shifty Leith van Onselen - more like a ban for exposing his false statements. That's what he banned me for.

Re your jan 2009 comment quoted by LVO, he needs to be reminded that Melbourne prices are now 22% higher than in first quarter 2009 and Sydney prices are 19% higher. ALL cap cities are higher according to the ABS. Your comment was a pearler and born out to have been magnificent advice.

As for the criminal "bullion baron" taking you to task with inconsistent cherry picked data, well he's just sore his BSROA gold miner share options are getting trashed to worthlessness, and he may not be able to afford to re-buy the house he sold to rent in 2009.
Edited by Strindberg, 24 Apr 2012, 07:10 PM.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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The Ponz
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Strindberg
24 Apr 2012, 07:07 PM
peter fraser
24 Apr 2012, 06:42 PM
I don't think that audas will comment on this today.

It was a little disappointing that when pressed in another thread to prove their point, they were unable to and so the comments were turned off.

Thread

When an apology is in order, an apology should be made.
You'll get no apology from the devious shifty Leith van Onselen - more like a ban for exposing his false statements. That's what he banned me for.

Re your jan 2009 comment quoted by LVO, he needs to be reminded that Melbourne prices are now 22% higher than in first quarter 2009 and Sydney prices are 19% higher. ALL cap cities are higher according to the ABS. Your comment was a pearler and born out to have been magnificent advice.

As for the criminal "bullion baron" taking you to task with inconsistent cherry picked data, well he's just sore his BSROA gold miner share options are getting trashed to worthlessness, and he may not be able to afford to re-buy the house he sold to rent in 2009.
Until you let the greater WWW know who you are, then any credibility you have will be restricted by your anoymity.

Bag out LVO as much as you like but at least he is much more accountable then some ISP name. Step up. You might win more fans.

PF doesn't hide behind any flash names...... Not that I know of anyway

:D
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jester77
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earthsta
24 Apr 2012, 12:49 AM
LOL .... you too mate

For the record, house prices are now 2.6% higher now than in Jan 2009. So Peter was right

For the record, Strindberg is one sad, sick fuck who desperately needs psychiatric help. So I'm right
Would this make you better of though when all things are considered?

A lot of people cajoled me to buy in 2009, but areas that I looked at have remained either flat or gone down since then and my deposit is up by 30 000.
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genX
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earthsta
24 Apr 2012, 12:49 AM
LOL .... you too mate

For the record, house prices are now 2.6% higher now than in Jan 2009. So Peter was right

For the record, Strindberg is one sad, sick fuck who desperately needs psychiatric help. So I'm right
So ... it's 2012 ... inflation has been running officially :D at 3%, mortgage rates are roughly 7%, so a buyer in 2009 has been paying 10% per annum for a 0.86% yield?

Sounds like an AWESOME investment. Aussies are so brilliant at finance :lol
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Strindberg
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genX
24 Apr 2012, 07:50 PM
So ... it's 2012 ... inflation has been running officially :D at 3%, mortgage rates are roughly 7%, so a buyer in 2009 has been paying 10% per annum for a 0.86% yield?

Sounds like an AWESOME investment. Aussies are so brilliant at finance :lol
In a desperate effort to regain credibility for LVO you are addressing a totally different issue.

Peter alerted people to January 2009 being a good time for FHB's to buy. He never mentioned Brisbane. For the great majority it WAS a good time to buy. Melbourne prices are up 22% since then and Sydney prices are up 19% since then. All capital cities are up since then according to the ABS.

The issue here, in this thread, is the false claim made by Leith van Onselen that "most buyers" in Brisbane in January 2009 are now "underwater". "Underwater" is an American term used by them to mean negative equity ie when the debt owed is more than the price of the house. That claim is absolutely false, regardless of any other issues you wish to introduce to defend your bear pin-up boy. It is clearly false to everyone.

LVO deceptively tried to support his false claim using data from other times. He's a deceptive scoundrel and should apologise to Peter. But Leith has a history of making false statements and not retracting them. He never retracted his provably false claim that the average FHB in the UK is 37 years old. He makes shit up and then uses his privileges on MB to protect his statements from exposure.
Edited by Strindberg, 24 Apr 2012, 08:18 PM.
Housing costs to Income broadly unchanged since 1994 - re-ratified here
The People of Australia have the highest median wealth in the World
2002-2012 10 year house price growth the SLOWEST since 1952-1962
"There are two kinds of people in this world: ones that fiddle around wondering whether a thing's right or wrong and guys like us." (Hugo to Gagin in Ride the Pink Horse)
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jester77
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Strindberg
24 Apr 2012, 08:16 PM
In a desperate effort to regain credibility for LVO you are addressing a totally different issue.

Peter alerted people to January 2009 being a good time for FHB's to buy. He never mentioned Brisbane. For the great majority it WAS a good time to buy. Melbourne prices are up 22% since then and Sydney prices are up 19% since then. All capital cities are up since then according to the ABS.

The issue here, in this thread, is the false claim made by Leith van Onselen that "most buyers" in Brisbane in January 2009 are now "underwater". "Underwater" is an American term used by them to mean negative equity ie when the debt owed is more than the price of the house. That claim is absolutely false, regardless of any other issues you wish to introduce to defend your bear pin-up boy. It is clearly false to everyone.

LVO deceptively tried to support his false claim using data from other times. He's a deceptive scoundrel and should apologise to Peter. But Leith has a history of making false statements and not retracting them. He never retracted his provably false claim that the average FHB in the UK is 37 years old. He makes shit up and then uses his privileges on MB to protect his statements from exposure.
So the Brisbane people should have worked out for themselves that Peter's advice didn't apply to them?
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