Alarm call after call, unemployment rising and what's worse is you don't know the half; Smudged unemployment rates in a slowing economy, yet inept bulls scream to load up on debt!
Any facts being used in your prediction? Or is it just wishful thinking?
Timo is a troll, and should be treated as such. We've tried to engage her in meaningful debate, but she doesn't have sufficient brain capacity to leave the nursery.
Any facts being used in your prediction? Or is it just wishful thinking?
Just extrapolating from the fact that nearly all bulls missed the main event 5 years ago, and that the primary cause of that crash (debt) hasnt fully disappeared, it's merely been at a constant level (in real terms) that still represents substantial risk.
Also note the effects of this debt in anemic retail spending and its subsequent impact on employment.
But hey - employment's a lagging indicator masking the China led recovery taking off under our noses, right? LNP taking house prices to the moooooooon!
"It were not best that we should all think alike; it is difference of opinion that makes horse races." - Mark Twain on why he avoids discussing house prices over at MacroBusiness. "Buy land, they're not making any more of it." - Georgist Land Tax proponent Mark Twain laughing in his grave at humourless idiots like skamy that continually use this quip to justify housing bubbles.
Just extrapolating from the fact that nearly all bulls missed the main event 5 years ago, and that the primary cause of that crash (debt) hasnt fully disappeared, it's merely been at a constant level (in real terms) that still represents substantial risk.
Also note the effects of this debt in anemic retail spending and its subsequent impact on employment.
But hey - employment's a lagging indicator masking the China led recovery taking off under our noses, right? LNP taking house prices to the moooooooon!
translation:
WWAAAHHHHHHHHH!!!!!!!!!
I am the love child of Tony Abbott and Pauline Hanson
Why there you go again boy, flerping your big herp of derp all over the place!
"It were not best that we should all think alike; it is difference of opinion that makes horse races." - Mark Twain on why he avoids discussing house prices over at MacroBusiness. "Buy land, they're not making any more of it." - Georgist Land Tax proponent Mark Twain laughing in his grave at humourless idiots like skamy that continually use this quip to justify housing bubbles.
Timo is a troll, and should be treated as such. We've tried to engage her in meaningful debate, but she doesn't have sufficient brain capacity to leave the nursery.
Speaking of nurseries, how long we're you in one for being born drug dependant? Just accept that house prices will be coming down and go take your methadone.
Soul Torpor
13 Sep 2013, 03:27 PM
Why there you go again boy, flerping your big herp of derp all over the place!
The pig could only aspire to look this good (relatively) and make that much sense, again relatively!
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
you claimed it was "game over" 12 months ago. if you are too fucking stupid to look at the ABS, residex, rpdata indices and see your mistake what hope is there for you?
tell you what timo. if housing prices have crashed nationally 40% (the original bear claim was from 2008 levels but i'm willing to throw you a bone here) from current levels by this time next year according to the ABS, i will donate $100 to charity (guide dogs for the blind, very fitting for you) and post a scan of the receipt on here and make that my last post on any property forum, i'll leave forever.
if prices have NOT crashed 40%, then you have to do the same. no socks or bullshit, you have to go away forever.
are you confident enough to answer the challenge????
I am the love child of Tony Abbott and Pauline Hanson
you claimed it was "game over" 12 months ago. if you are too fucking stupid to look at the ABS, residex, rpdata indices and see your mistake what hope is there for you?
tell you what timo. if housing prices have crashed nationally 40% (the original bear claim was from 2008 levels but i'm willing to throw you a bone here) from current levels by this time next year according to the ABS, i will donate $100 to charity (guide dogs for the blind, very fitting for you) and post a scan of the receipt on here and make that my last post on any property forum, i'll leave forever.
if prices have NOT crashed 40%, then you have to do the same. no socks or bullshit, you have to go away forever.
are you confident enough to answer the challenge????
Typical Bullshit, Australia hasn't seen a depression in two decades, but because a crash doesn't happen instantly it must mean its not coming! Your scared and hate that people like me who debunk and lift the mirrors from the self serving idiotic spin from leeches like you!
Take your $100 and give it to a young family trying to put a roof over there heads. A drop in the ocean, but a start. Stop leeching off the tax payer and destroying Australia for up coming generations.
Unemployment is rising, because money is going into rich bankers pockets, plus a few immoral real estate scumbags, and being kept out of the real economy creating jobs!
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
Typical Bullshit, Australia hasn't seen a depression in two decades, but because a crash doesn't happen instantly it must mean its not coming! Your scared and hate that people like me who debunk and lift the mirrors from the self serving idiotic spin from leeches like you!
Take your $100 and give it to a young family trying to put a roof over there heads. A drop in the ocean, but a start. Stop leeching off the tax payer and destroying Australia for up coming generations.
Unemployment is rising, because money is going into rich bankers pockets, plus a few immoral real estate scumbags, and being kept out of the real economy creating jobs!
Now bow out and leave.
so you are too much of a chicken shit to bet even $100.
you must not really believe your own dribble then.
I am the love child of Tony Abbott and Pauline Hanson
Typical Bullshit, Australia hasn't seen a depression in two decades, but because a crash doesn't happen instantly it must mean its not coming! Your scared and hate that people like me who debunk and lift the mirrors from the self serving idiotic spin from leeches like you!
Take your $100 and give it to a young family trying to put a roof over there heads. A drop in the ocean, but a start. Stop leeching off the tax payer and destroying Australia for up coming generations.
Unemployment is rising, because money is going into rich bankers pockets, plus a few immoral real estate scumbags, and being kept out of the real economy creating jobs!
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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