Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
I thought Doug Noland hit it on the head when he said..
Backdrops conductive to crises can drag on for so long – sometimes seemingly forever – as if they’re moving in ultra-slow motion. Invariably, they lull most to sleep. Better yet, such environments even work to embolden the optimists. This is especially the case when policy measures are…[Read more]
Freckle replied to the topic How do i Find out the age of a property for depreciation? in the forum Help Needed! 10 years, 10 months ago
Specific information is rarely free unfortunately so unless you have a subscription to a historical records provider you'll invariably have to pay. You generally don't progress to this stage until you've done a fair amount of DD and the target property is looking like it could make the short list.
You can access all the info via Landgate for a…[Read more]
Freckle replied to the topic How to understand RP data a little better. in the forum Help Needed! 10 years, 10 months ago
Benny wrote:
That is a good system. It beats taking their values as gospel, only to find they were "guessing" e.g. the red dot.
Benny
They are guessing Benny. Anyone who says I think the price is X give or take 10% is talking a 20% spread. Might as well just pluck figures out of the air. These are gimmicky tools they invent to make it…[Read more]
Freckle replied to the topic News of rising prices in US want to put a few thoughts out to bring this into context in the forum Overseas Deals 10 years, 10 months ago
jayhinrichs wrote:
Shoot Freckle I thought I would throw out some big words there and impress youYou always impress me mate… one of the few around here who do.
Freckle replied to the topic Spreadsheet help. It looks too good, what am I missing? in the forum Help Needed! 10 years, 10 months ago
Share it using google docs like this one
https://docs.google.com/spreadsheet/ccc?key=0Ag10nVvomrvSdERRMmVqTEZfMzdqWHZkMU42UENMLWc&usp=sharing
Freckle replied to the topic Why do you think Adelaide is behind? in the forum General Property 10 years, 10 months ago
A weak economy and its never really been seen as a sexy city. Other cities offer more so they tend to attract what investment capital is available which leaves Adelaide in a vacuum.
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
ten_burner wrote:
So Economic growth, Low unemployment, the fastest growing major economy in the world, the biggest exporter of goods to the world and a growth rate averages of 10% per annum for the last 30 years not a valid argument? these are typical ways people judge other countries.My bet is NZ will be in a recession first. it spent 2…[Read more]
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
ten_burner wrote:
If the situation was as dire as you suggest it would reflected in unemployment figures. It is not.Chinese data is widely considered to be BS and the fact they have no social welfare system and consequently no data on unemployment kinda makes the point moot. There is far more relavant indicators namely income levels which…[Read more]
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
ten_burner wrote:
Another reason I won't write them off. Try doing this in Australia or NZ.
The story is a furfy. It was assembled in 30 days not built in 30 days. Standard building practice for modular systems. What's more interesting about Chinese building technology is that the Forbidden City…[Read more]
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
China's debt is widely considered to be under estimated and its debt over estimated. Corporate debt is more realistically assessed at around 155% of GDP alone.
For the size of its economy China's debt is off the planet. Throw in $23T in shadow banking debt and you have a debt burden in the vicinity of $38T…truely staggering
The growth of…[Read more]
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
A correction to a previous post above #6… my bad
No, There Is No Stoppage Of Cash Transfers In China
Makes me wonder why Forbes would intentionally print a bogus story when it's obvious it would be challenged rather quickly.
An attempt to stymie HFT algo's perhaps???
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
ten_burner wrote:
http://www.bbc.co.uk/news/business-25805227China's economy, the world's second-largest, has shown signs of stabilising, as 2013's growth rate matched that for 2012, official data suggests.
'has shown signs of stabilising,' ….
.(…wiping coffee off of keyboard)
If you believe that you'll believe anything.…
Freckle replied to the topic News of rising prices in US want to put a few thoughts out to bring this into context in the forum Overseas Deals 10 years, 10 months ago
jayhinrichs wrote:
My view point in Macro Frekle tends to go microVice versa I'm thinking…
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
China Update…
So how bad is the situation? Anne Stevenson-Yang of J Capital Research reports that the tax bureau of one of China’s largest cities “has no money.” Its officials, incredibly, have been told to collect their own salaries from taxpayers directly. The breakdown of government in that city is also…[Read more]
Freckle replied to the topic News of rising prices in US want to put a few thoughts out to bring this into context in the forum Overseas Deals 10 years, 10 months ago
+10
Good round up J. Can't argue with anything your saying at all.
Jeez starting to sound like Nigel and Rob
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
ten_burner wrote:
they are in a bubble, however I still believe it has a way to run.The bubble started to deflate over a year ago. They're already in a bust and it's starting to accelerate. The amount of capital fleeing China is increasing as those in the know head for the exits. You might be able to front run that exodus of hot money as it…[Read more]
Freckle replied to the topic Living in a bubble in the forum General Property 10 years, 10 months ago
ten_burner wrote:
Good doco, I agree China is in a bubble, however I don't think it will burst anytime soon, its a closed banking system, the governments owns the major banks there. a lot of the money stays in China because its not a free market in the western sense. I believe due to this system it can bubble away for years before it blows…[Read more]Freckle replied to the topic Best Online Calculator? in the forum Help Needed! 10 years, 10 months ago
Try this thread
Freckle replied to the topic America’s two largest private equity firms launch their foreign national loan programs in the forum Overseas Deals 10 years, 10 months ago
On this side of the world they still think Kiyosaki is for real. It takes them a while to realise that if you have to buy motivational books and go to 'lets get hyped up' seminars you've just secured yourself a spot with the 98% who will fail after being fleeced of several $000. You'll be able to console yourself later in life by saying, 'Well at…[Read more]
Freckle replied to the topic Not long now….. in the forum Overseas Deals 10 years, 10 months ago
jayhinrichs wrote:
Freckle,,, Never been there how about cost of living… Is it Like Norway?Thailand is fairly cheap like many Asian towns once you get out of the tourist traps and access local pricing as opposed to prices for tourists and foreigners. The lad luvs it up there. He's just moved from Phuket on the South Western coast up to…[Read more]
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