One other thing fWord, we get bombarded with claims that prices always go up, and advice that if we don’t buy now, we’ll be priced out forever – from the media, from the property industry, the banks and even from friends and family.

You might not have declared your beliefs but everyone else has! So I think it’s unfair to ask us doomsayers to co…[Read more]

I agree that landlords are not out to sqeenze tentants dry. But I also wouldn’t call them ‘generous’ for providing a roof over people’s heads. Investor’s are (rightly) in it for themselves and they simply get the best rent they can, as the market dictates.

One thing I don’t understand is that you seem to approve of the concept of delayed gra…[Read more]

fWord, you said: “What’s so ridiculous about that?”

It is possible to have a view of where the market will be in the future while understanding that the market isn’t there yet. Think of it this way, if you think your investment property will double in 10 years, would you try to sell it for double NOW?

You said: “Well, I’m no expert. However…[Read more]

fWord – that’s a ridiculous idea – to put in an offer 40% below current market value, because of the expectation that prices will be 40% cheaper some time down the track. Although if I wanted to buy, I would definitely be putting in offers around 5% less than 6 months ago.

You could possibly argue that property bears could put their money where…[Read more]

Why so angry DWolfe?  You’re surprised I haven’t done much to pop the Aussie housing bubble?  You must think I’m more powerful than I am. I’m not looking for hand-outs or a free house – no idea where you got that idea from.  I don’t ask for anything from the government.  In fact, I’d be happier if they stopped the hand-outs, butted out of the h…[Read more]

Wynyard, to be honest, not much. I’ve fired off a few emails to the housing minister and set up http://aussiehouseprices.blogspot.com/ to get my thoughts down, but that’s about it. However, I’ve noticed much more influential people, such as Steve Keen, getting ignored.

But you’re right – that’s no reason to give up. Count me in for any protest…[Read more]

Good post Wynyard and I appreciate the sentiment. But I don’t see the point in trying anymore – the government is not interested in making houses more affordable because it would upset too many voters and cause some short-term damage to the economy.

That report you linked to highlights the fact that the First Home Owners Grant only increases h…[Read more]

DWolfe wrote:
I read Andy's blog and it was well put together with excellent points. Pity it was a rehash of what many, many others had written before. In fact, it really seemed a lot like articles I have already read. Also the comments by all his bear buddies beggared belief, when you're glad you haven't bought property so that you can have a…[Read more]

Dan42 wrote:

AussieHousePrices wrote:
Hi All, If you’re not yet tired of reading about the Aussie Housing Bubble, check out my new blog: http://aussiehouseprices.blogspot.com/ Cheers. Andy.

Great first post Andy, plugging your own website without adding anything to the conversation. (Please note the sarcasm).Please forgive me if I won't be c…[Read more]

Hi All,

If you’re not yet tired of reading about the Aussie Housing Bubble, check out my new blog:

http://aussiehouseprices.blogspot.com/

Cheers.
Andy.