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The biggest negative impacts from the housing bubble; What is the worst damage being done to Australian society.
Topic Started: 23 Sep 2013, 06:20 AM (7,584 Views)
Timo
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themoops
23 Sep 2013, 09:50 AM
"Hearing older generations pontificate about being financially savvy, yet their only "skill" is their D.O.B"

Yeah that one. But I guess it's pretty funny. Because you can be sure that they're idiots and there's almost nothing to learn from them and you can just dismiss them as inferior.
Accounts for most of the painfully stupid bulls on here that's for sure!
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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themoops
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I think probably the worst thing is if there's a crash some decent people will be screwed.

But there probably won't be many, decent people that is, at least not in Sydney. :lol
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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barns
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skamy
23 Sep 2013, 09:51 AM
This is now 4 votes for "Bears complaining incessantly about the injustice of it all"
5 for "Bears complaining incessantly about the injustice of it all"
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
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Trojan
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6 for "Bears complaining incessantly about the injustice of it all"

Looks like we have a winner
Edited by Trojan, 23 Sep 2013, 02:50 PM.
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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Blondie girl
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Oooooohhh Timo

Some Teddy's are capitulating ...any chance of you seeing the light?

Or are you in a league of your own?

Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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Shadow
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Evil Mouzealot Specufestor

Trojan
23 Sep 2013, 02:49 PM
6 for "Bears complaining incessantly about the injustice of it all"

Looks like we have a winner
Now 7 for the whinging bear option. Maybe Alex could add it as an official poll choice... it certainly seems more popular than Timo's silly options.
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

8 for "Whiney Bitch Bears complaining incessantly about the injustice of it all"
Edited by Frank Castle, 23 Sep 2013, 04:35 PM.
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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Timo
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Frank Castle
23 Sep 2013, 04:34 PM
8 for "Whiney Bitch Bears complaining incessantly about the injustice of it all"
Poor bulls, evidently their only skill really is their dob!
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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stinkbug
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Timo
23 Sep 2013, 07:48 PM
Poor bulls, evidently their only skill really is their dob!
This poll really hasn't gone as you expected, did it.

:lol
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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goldbug
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themoops
23 Sep 2013, 09:50 AM
"Hearing older generations pontificate about being financially savvy, yet their only "skill" is their D.O.B"

Yeah that one. But I guess it's pretty funny. Because you can be sure that they're idiots and there's almost nothing to learn from them and you can just dismiss them as inferior.
They remind me of the generation before them who loaded up on IT stocks and assured me I was a fool for not securing my future with what was obviously the only investment for the forseeable future. I was a little doubtful of myself back then but in the end my savings in the term deposits was saved and they were all wiped out. After that I read about the madness of crowds and the mass psychology of bubbles, so when the IP bubble was forming it was obvious to me. The last 6 months saw 50% of mortgage lending going to speculators, lol lol. It's only a matter of time now.
Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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