Everyone seems to ignore the Abbott factor. He will single handedly bring Perth on a downhill slide and the funny thing is i suspect a lot of bulls are lib voters.
I think you will find the opposite will happen. People in Perth hate labour and this Federal Government.
When we hit a new all time high I will let you know, won't be to long.
Why don't you go start a thread on declining house prices, oh that's right you have no data or articles to support you, be a boring thread. You are presently on the wrong side of history at least for the next few years. It must be hard for you getting so many predictions constantly wrong, you are fast catching Veritas who has been utterly trashed in recent weeks.
Care to make a prediction since all your previous have been wrong.
What predictions have i got wrong Mike?
Please tell me exactly how this thrashing came about.
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?
The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly. Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
Please tell me exactly how this thrashing came about.
Let me just say children, ABS and homeowner AND that is just one of your recent faux pas
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
In reference to your recent bouts in other threads.
You put up a good fight and it is a good read, you still confuse what you want to happen with what is happening or fact.
About the home ownership stats?
Mike, that was a slam dunk.
Poor old Shadow was all over the place.
Look forward to the next time someone says the home ownership rate is 70%.
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?
The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly. Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
Look forward to the next time someone says the home ownership rate is 70%.
Let us all hope that you finally understand the statistic, that thread must have been excruciating for you. You took so long to grasp it and even the bears were telling you that you had it all mixed up.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Let me just say children, ABS and homeowner AND that is just one of your recent faux pas
How many Australian adults own their own home Skamy?
Can you tell me?
Exact figures please. percentages would be nice.
If they joint own them that's fine.
Any clue? Thought not.
BullHawk
21 Aug 2013, 11:54 PM
It wasn't only Shadow correcting you, there were at least a dozen other members pointing out your errors.
What error?
skamy
21 Aug 2013, 11:55 PM
Let us all hope that you finally understand the statistic, that thread must have been excruciating for you. You took so long to grasp it and even the bears were telling you that you had it all mixed up.
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?
The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly. Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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