blogs wrote:
Sorry-Bardon-my comment wasnt necessarily directed at you, it was supposed to be a general comment to the 'property bulls' only realised later (but cant edit) that it would sound that way…

No worries at all, but when it comes to the wise old bulls dont forget that in the fullness of time they always prevail.Not like those pesky…[Read more]

coolbutters wrote:
.  Any takers that wish to explain, by all means respond to what might be my ignorance.

Allow me to explain:

To All My Valued Employees,There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many…

[Read more]

to many questionsbuy now

blogs wrote:

bardon wrote:
The last I looked it was back on or very near its long term average.

Obviously the people who bought and lost 33% in Toorak for example thought prices were going to keep going up, and so do you. Seems simple to me-things are only going to get worse before they get better. With this in mind if you beleive despite all…[Read more]

blogs wrote:
I still cant beleive how much greed can blind people-I cant beleive peopel still think property is goign to keep going up when everything is pointing to the fact its going to come down??.

Thinking that property is not going to drop 20-40% is completely different from thinking it is going to go up.

What is really scary is the guy featured in the article teaches our future economic academics, I guess they never knew anyway in the past , so why change now.At least we know that the economic models all got it so badly wrong recently, so we have a pretty good correlation that their accuracy will remain consistent in the future.

blogs wrote:
Ummmm becasue this 'recession' is unlike any we have ever had before and the property price bubble is far far bigger than anytime before. Property has increased (inflated) at a faster rate than ever before, and will equally deflate or pop by more than ever before.Why is it that people can accept gains far outside the realms of…[Read more]

god_of_money wrote:
I read the news today that KRudd Co.. might revise the limit of negative gearing during May budget… sound interesting!!!

Do you mean hobby farms ?if you mean residential property investment then the Law of Unintended Cosequences would apply same as it did when Keating tinkered with it.

YawnThe other Yooni Professor Keens prediction is 40%.Such foresight.

wealth4life.com wrote:
Hello all,This is going to be the BIG new crave in property … my accountant just traded one of his properties for a business for his son to run.Have you done any trades or are you interested in this …

Yeh do it all the time………………………

Sambosa wrote:
Hi all,Who's keen to put a prediction in????

I predict this thread will still be running.

Hybrid, I have some suggestions about this what  about we meet for a coffee to discuss?

Very near the bottom if not there in Melb, Sydn, Bris for starter homes which is all that I am interested in.  I dont think there is such a perfect moment of, this is the bottom, but we are near it.  Thats not to say that growth is coming back, merely a long boring phase (recovery) of no more price drops, stock dropping and first home buyers and i…[Read more]

devo76 wrote:

bardon wrote:
Hey well done getting in there, fancy posting the link to the next one ?what was the contrarct price on the one you missed out ?question questionsI think I will get another mortgage before infaltion sets in

I will post a link to this one after sale has finalised just incase it falls through and i get another go.As…[Read more]

Hey well done getting in there, fancy posting the link to the next one ?what was the contrarct price on the one you missed out ?question questionsI think I will get another mortgage before infaltion sets in

go under asking price and buy it

mymatephil wrote:
My guess, he still lives at home with his folks in the suburbs of Syd/Melb, studies economics and probably plays Warcarft online. And, didn't he say "so long and farewell a while ago? Why the hell did he come back? Can't anyone keep a simple promise anymore.

 Tthe name scamp was a short form for Scampi a poor mans prawn…[Read more]

harb wrote:

bardon wrote:
what about Peak Oil ? Anything on that ?

Peak Oil will only return when prices go above US$100 a barrel. 

Dont suppose you could repost some of Scamps posts on peak oil I think they were in the same vein as IR's would be good to review if you can get them.

alani wrote:

bardon wrote:
what about Peak Oil ? Anything on that ?

wait a couple of years when it all turns around, recessions are planned to reduce inflation to stimulate future growth. In my opinion  Oil will be worth $200 a barrel in 3-4 years,

You may well be right I was actually asking Harb if he had any of the good oil on Scamps Peak Oil posts

what about Peak Oil ? Anything on that ?