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Australian Property Chart of Shame - The Epic Failure of the Oz Housing Bears is Complete
Topic Started: 28 Nov 2013, 10:33 PM (27,064 Views)
Shadow
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Evil Mouzealot Specufestor

I have charted Australian house prices over the past decade or so, along with a few choice quotes from the permabear doomsayers.

Posted Image

If anyone can think of any other famous gloomsters and their quotes, post them below and I'll update the chart (if I can find room).
Edited by Shadow, 28 Nov 2013, 10:36 PM.
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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doubleview
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Things have gone haywire demons don't like the light it seems

This is Doubleview, If you are bear listening to this,you are the resistance.
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Expat
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Get your hand off it Shadow.

You're like a broken record.

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Pig Iron
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Bogan scum

damning is all you can say.

you wont see any of them admitting to it though. not a shred of shame in them.
I am the love child of Tony Abbott and Pauline Hanson
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Bardon
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Great chart Shadow, I have taken the liberty of posting it elsewhere and reminded some of the bearish commentators that they are in good company!

I don't suppose you could knock one up that shows the various stages of the shown trend with the bearish emotional response to each change of direction. You know like the one that the bulls post that shows the bull trap, dead cat bounce and all that stuff?
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Count du Monet
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Ten years of no real capital growth. Shadows decade of shame....2010 to 2020. :lol
Edited by Count du Monet, 29 Nov 2013, 06:46 AM.
The next trick of our glorious banks will be to charge us a fee for using net bank!!!
You are no longer customer, you are property!!!

Don't be SAUCY with me Bernaisse
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themoops
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Ruby Member
You're like one of those psychos who has lots of pictures up on his wall of his enemies, but people who he's really in love with.

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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goldbug
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I can only imagine the cherry picking that went into that chart. Do one for QLD Shadow, one for SYD as well. Then re-do the one above adjusted for inflation. If I did a chart of gold (adjusted for inflation) over that period it would look better than your median price charting attempt.

There are Lies, damn Lies, and then statistics and charts.
Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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Bardon
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Did that gold chart resemble the collapse of the English batting order, which was the worst?
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mel
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goldbug
29 Nov 2013, 07:03 AM
If I did a chart of gold (adjusted for inflation) over that period it would look better than your median price charting attempt.
You are forgetting the yield. If you put a 200K deposit on a cash neutral IP ten years ago, how would it measure up?

APF - a place where serious people don't take themselves too seriously. There's nothing else like it.
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