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What is the definition of "overpriced"?
Topic Started: 30 Aug 2013, 01:08 PM (6,035 Views)
Frank Castle
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Business As Usual

skamy
30 Aug 2013, 02:02 PM
Yeah you waited like a vulture to snap up a TV at a bargain basement price , I recognise your type Elastic
I bought my 40 inch lcd for $498 delivered about 2 years ago.

It just wasn't worth much more than that to me at the time because I had a perfectly good CRT tv.
But better technology than the first lot of LCD screens, more competition and huge price drops along with a better PC that allowed multi screen viewing made it suddenly viable.
Shadow
30 Aug 2013, 02:05 PM
Look how much some people are willing to pay for a bottle of Grange.

2008 grange here for $699 a bottle
http://www.getwinesdirect.com/red-wines/penfolds-grange-2008

But I ordered some of these for a run a few days ago instead

The Derek Heathcote Reserve Shiraz 2011
OUT RATES GRANGE 2008. for less than $10 a bottle
http://www.getwinesdirect.com/red-wines/the-derek-heathcote-reserve-shiraz-2011
Edited by Frank Castle, 30 Aug 2013, 02:49 PM.
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Foxy
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Zero is coming...

Frank Castle
30 Aug 2013, 02:44 PM
I bought my 40 inch lcd for $498 delivered about 2 years ago.

It just wasn't worth much more than that to me at the time because I had a perfectly good CRT tv.
But better technology than the first lot of LCD screens, more competition and huge price drops along with a better PC that allowed multi screen viewing made it suddenly viable.

2008 grange here for $699 a bottle
http://www.getwinesdirect.com/red-wines/penfolds-grange-2008

But I ordered some of these for a run a few days ago instead

The Derek Heathcote Reserve Shiraz 2011
OUT RATES GRANGE 2008. for less than $10 a bottle
http://www.getwinesdirect.com/red-wines/the-derek-heathcote-reserve-shiraz-2011
nothing is ever overpriced,
Pay the price or go away.
Supply and demand.
Peter from Perth
:pop:
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Elastic
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foxbat101
30 Aug 2013, 03:07 PM
nothing is ever overpriced,
Pay the price or go away.
Supply and demand.
Peter from Perth
:pop:
In that case Peter, have I got a deal for you...
Only a rat can win a rat race.

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Strindberg
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willy_nilly
30 Aug 2013, 01:49 PM
Simple, buying an asset with shit yields or even negative income.
So, on your theory the following are all overpriced and would be even if they were one cent per ton:

Gold
Silver
All antiques
All paintings
All cars except those which are rented out
All collectables
The Mask of Tutankhamun's mummy

Presumably you would say that a decent Number One issue of Action Comics (which sold for $2.89m) would be overpriced at one cent.
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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Frank Castle
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Business As Usual

Strindberg
30 Aug 2013, 04:07 PM
So, on your theory.....
Careful, you'll make him squeal like a pig

Pauk Pwnage, it sounds so...........tasty

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Pig Iron
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Bogan scum

over priced is when you can't find a buyer at it's current price.

simple as fuck concept.
I am the love child of Tony Abbott and Pauline Hanson
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joey jojo shabadoo
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over 90 days on the market ----> overpriced
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willy_nilly
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joey jojo shabadoo
30 Aug 2013, 05:02 PM
over 90 days on the market ----> overpriced
Correct Joey.


o·ver·price (vr-prs)
tr.v. o·ver·priced, o·ver·pric·ing, o·ver·pric·es
To put too high a price or value on.
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Frank Castle
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Business As Usual

joey jojo shabadoo
30 Aug 2013, 05:02 PM
over 90 days on the market ----> overpriced
Where is it written that something must be sold within 90 days?

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joey jojo shabadoo
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Frank Castle
30 Aug 2013, 05:27 PM
Where is it written that something must be sold within 90 days?
juse saying if you want to sell a property and you havent done it in 90 days, you may want to consider that your asking price is too high.
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