jayhinrichs wrote:
If you have land in OZ to build and build at will… price's would not be where they are at…

Dude Ozzy is a strange place sometimes. I was driving back from a small country town some years ago. We were about 5 miles out of town I suppose when we come across a row of about 10 terrace houses in the middle of nowhere. Go…[Read more]

Jay – your HF industry PI entry vehicle. Bloody scary if this is the way it’ll go. Jez I can see a few tears over this in the months/years ahead.

http://implode-explode.com/forum/viewtopic.php?p=290686#290686

Emma, every PI should print that post and stick it on their fridge door. Probably one of the most lucid posts on strategy I’ve seen here regarding how to plan for a market downturn.

Jay wrote:
In my mind… there is so much cash in the US right now.. residing in super funds… in a global melt down those funds will flood out of the market.. and…[Read more]

Jay this is a more accurate assessment of the supply demand metric in Australia for your info;

Housing shortage arguments collapse

jay wrote:
Just like OZ where there is limited habitable land.

Mate there’s more habitable land here than you can poke a stick at. The problem is not supply. That’s a myth…[Read more]

jayhinrichs wrote:
then heck we are all going to be boat people flooding to OZ…

Well I hear the illegals are heading the other way these days, maybe it’s already started. I’ll put a tent up in the back yard for ya

Kidding aside I don’t think the HF’s are going to get time to really get to grips with the PI market. A few will wet their feet…[Read more]

I think this particular problem is symptomatic of the whole housing/property market in the US but not the real problem at the moment. What I see happening is an oversupply of hot money distorting the market. (International vultures picking over the carcass of the US RE market)

National and global economic fundamentals do not support the…[Read more]

Anyway back on topic…

Some months ago I ran across a graph that showed Chinese power consumption had suddenly gone off a cliff. I postulated that China’s economy hadn’t soft or hard landed but may have simply crashed (comparatively not literally if power production was a proxy for economic activity).

It appears that assessment might not be too…[Read more]

bardon wrote:

The only thing that will come out of this will be a major political misinformation initiative that will serve to advance the US political agenda for internet censorship.

If you look at the US and UK initiatives its more about legislation that allows them to monitor you. The censorship agenda is somewhat of a red herring to mask…[Read more]

bardon wrote:

As for Assange he is the pasty for increased internet censorship and I think he is in on it, as this is, in my opinion staged.

Bardon when you make comments like this I can’t take you seriously. You certainly have a perspective on things that is definitely ‘out there’.

Saw this product on the New Inventors show a year or so ago. As someone who used to build decks professionally a while back I thought the product was one of the best I’ve seen. The clip on system is much more accurate, generally reduces the affects of warping/cupping etc and produces a clean surface finish. Over all it would be more cost effective…[Read more]

Someone can correct me if I’m wrong but I was under the impression that with regard to property there is a legal requirement to disclose anything material to the sale and that “buyer beware” is not a defense. In contract law (tort) deliberately misleading a buyer would be considered as reason to seek damages and have a sale…[Read more]

bardon wrote:

Freckle wrote:
Certainly, the lies from our political leaders are entertaining. But how many more revolutions, riots, defaults, bank runs, stimulus packages, nationalizations, tax increases, pension grabs, etc. will it take to acknowledge what’s happening?
Can anyone afford to keep ignoring reality? Can you?

I think this a…[Read more]

fWord wrote:
Of course, or I could wallow in self pity instead. The choice is pretty clear.

A bit melodramatic even for you fWord

fWord wrote:
Still the same postcode ultimately, but Rippleside sounds helluva lot nicer than North Geelong!

While it’s debatable that it will help it’s almost certain it won’t hurt. You take what you can get and be thankful for small mercies.

Certainly, the lies from our political leaders are entertaining. But how many more revolutions, riots, defaults, bank runs, stimulus packages, nationalizations, tax increases, pension grabs, etc. will it take to acknowledge what’s happening?
Can anyone afford to keep ignoring reality? Can you?

I think this article is kid of apt considering the c…[Read more]

simple wrote:
Mine take is that markets worldwide will go thru second phase of negativity, similar to 2008. 

2008 will seem like a non event compared to the next downturn Simple.

bardon wrote:
So how long have I got left before this hidden hazard gets me?

Kinda scary really. You think it’s hidden, not obvious etc. Like I said, enjoy it while it lasts Bardon. They say ignorance is bliss. I’ll leave you to continue with a blissful life.

bardon wrote:

I may well have a blind spot for something but I do feel good about my lot in life at the moment.

You have more than a blind spot Bardon but enjoy it while it lasts anyway. Ignorance may very well be bliss.

The Mickey Mouse games in Europe continue. They’ve kicked the can down the road once again and all the things in the…[Read more]

Median Property Trends for properties in Naracoorte

http://apm.domain.com.au/Research/?AddressLine=Naracoorte&LocationType=Suburb&State=SA&SuburbId=10975

Realestate.com’s stats aren’t much better. I’d take all of them with a grain of salt. Wild swings of -19% to +36% over 12 months doesn’t indicate reliable data. The only thing that is…[Read more]

99 here’s something to contemplate.

Forget the 10% deposit. You’ll basically loose that in entry costs. Scratch $30k

Property in general is moving south but of course everyone remains optimistic to the point of delusion that somehow but somehow a miracle will happen in the world and the trillions in global debt that can’t be serviced let alone…[Read more]