Forum Replies Created
- bardon wrote:
Queensland Budget lifts stamp duty threshold for first homebuyers
In other words, the price of homes in that bracket will increase due to short supply. What a wankful effort.
Unfortunately, like most investors, their ideals for the future are based on exponential growth, in other words copulation and reproduction between the human species to sustain growth. If you chose to ignore the fact that this will end, well, what can one say? 100 years of industrialisation, 60 years from the Write brothers to putting Niel Armstrong on the moon. Boom….Bust
Well said Scamp
blogs wrote:Now your are talking ormeau-farming is going to be a gold mine-more and more mouths to feed and only so much farmable land-thow into the combination the changing iets of the two biggest populations in the world-India and China, and we are in foor a unforseen demand on staple grains such as wheat, and the factors that go into their production such as Phosphate-hence my move into MAK (Developing huge phos mine in the N.T EST S.P between $20-$40 by 2010).
Well I guess the only way to go is sustainable living as best you can, 48% of all produce related costs are now fuel. Imagine the cost when it hits $200 per barrel?
The politicians still cant say the word "Peak Oil". They can only invent fuel watch schemes and talk of reduction of tariffs. We are running out and we don't have a plan.
How far or how long do you think it will take before Residential property prices start increasing in the non mining areas? And what would you say if I told you they wont for at least 15 to 25 years because of the coming economic collapse? If expenditure is up, food, fuel etc then this equals less disposable income. Crude oil prices are historically tied into recession, check the stats, the two go hand in hand.
The fortune of the last 3 oil spikes was the fact that the increase in price at the pump came from political disruptions. The one we are experiencing at the moment is caused by geological factors, in other words, unlike the past 3 spikes this time the price at the pump ain't going to go down. If you have the time you should check out a flick called "The End Of Suburbia" quarter acre blocks sold to the post war people, the dream of a better life sold on the backbone of cheap energy (Oil)
Did you know we consume 86 million barrels of oil globally? Did you know a barrel of crude could be bought for $9 US in 1999? Did you know that for every 1000 US citizens there are 900 automobiles, for China its only 6! What do you think may happen when they all want one each like us? Resource wars?
Can you see a pattern starting to form here? I just want to help you guys from getting burnt. If you want to get some property then at least buy something productive guys like a farm perhaps.
Sorry for the rant guys, and sorry if I have offended. I should not post on forums when drunk.
Scamp wrote:The actual reason for me posting this post on this forum was to warn people about the possibility that houseprices could go down. The only way to have people read this post was to have a 'spruiker-like' title, exactly the same way the RE agents and property investors usually spruik. Ofcourse the market will crash, we all know it. What everyone also knows is that smart people , smart investors will ride it out and in the long run make money.
The problem ( and again, that's the reason I wrote this ) is that there are so many people who cannot properly invest or do maths correctly, that it endangers both the economy and the tax-payer's money. Did you know that 30% of the australian households are in financial trouble because of their mortgage ?
Just think about it… 1 out of 3 people in your street cannot pay their mortgage… they pay mortgage with credit cards , or non-existant (fake) equity on their property or IP.
And that's what I want to warn people about : don't stress yourself into a situation in which you cannot possibly pay back money with.*EVERY DAY , 130 families file BANKRUPTCY in SYDNEY alone !!*
*30% of the australian families are in FINANCIAL TROUBLE*How more obvious can I be. Just see reality, don't gamble now if you're not *ABSOLUTELY* sure you know what you're doing and that you can take the hit if things start going bad.
Don't become 1 of those 400 daily bankrupt families…
WOW, your a fool. I hope for the sake of the Australian public that you are not a financial planner………
Blah blah blah, and still no reply to Peak Oil…… you are so close to the truth but still live in denial. You are the Sheeple. Good luck poor fools.
Here are some good links for you to watch, you really need to understand that cheap energy has come to an end and this is but the tip of the iceberg, as you can see at the start of this thread oil was just about to reach $90 Per barrel. You ain't seen nothing yet. I recommend this site for great information http://www.latoc.com and check this video out on the ABC http://www.abc.net.au/science/crude/
Its not the Australian market you must deal with, its global and its all to do with a proven theory call "Peak Oil". Check out a small thread I started back in Sept, I posted when oil was just about to hit $90 Per barrel.
https://www.propertyinvesting.com/forums/community/opinionated/4322125
Do some research guys, i don't think you realise what is about to happen.
I think you should check out a company calles Ausra, aussie guy built this solar system next to a coal fired power plant in the hunter valley, got nothing from the fed gov for his research, now the rights have been brought by an american venture capitalist, they have since won the largest solar installation contract in the history of america.
Its a very simplistic system that uses a half dome of polished steel that tracdks the sun and focuses its rays on a pipe filled with water, its then converted into steam to drive turbines. The exciting part about is that this aussie guy has also worked out a way to store the heat and still be able to create power during the night.
There is hope for us yet, nuclear is not the way to go, to exspensive and to long to build the infrustructure, clean coal is 10 to 15 years behind. Clean energy is available now, we just needs some pollies to get off their twats and have a go!
One thing to also take into consideration when investing is this, if you study the graph at the 1980 point, and do some research you will find the US gold per ounce hit $850 US, now you do the math regarding inflation in todays real terms. Now you will find the gold is only sitting at around $740 US, in real terms it should be around $1800 to $2500 per ounce. So who would like to double their money on that one??
Nice research Tyson
Nice graph, there is reems of information on the subject, some good some bad, its up to you to read between the lines and account for your own conclusions. For me, house is sold now looking for some good land to sow basically.
I was a financial planner, now a building company owner, get prepared, see the light and good luck.
L.A Aussie wrote:it's funny; you would think that people would move closer to work, get rid of the car and save time on the commute and money on the gas.But no; the average Joe is doing just the opposite; moving out to where he can buy a big house for less, and buying the best car he can get a way with and driving an hour or more to work.
So, I guess the peak oil price will continue to go up. Should I buy some oil shares with anyone in particular, as well as more property on the outshirts that is affordable for the masses?
Hi La,
Just a few books will do the trick, most of the ones of have read were written more than 3 years ago, all have been spot on with their predictions, who's to say the later wont follow suit.
Try this one, "The Coming Economic Collapse & How To Thrive When Oil Hits $200 Per Barrel"
& Yes, spot on with your notes.
Correct, suburbia was created after WWII, it was a dream for most to have that country life away from the dirty cities, and they were very dirty, however we all know this has changed. Within 3 years Americans built over 2.7 million burbian houses, all made possible by cheap energy= cheap transport= cars!
U can all tell me what will happen to these areas when your fuel is at $4 per litre, how about $10 per litre? How do you get your tomatoes that are grown in Bundaburg? The days of the 3000 mile ceasar salad are coming to an abrupt halt and no one has a plan!
Crude oil was $33 US a barrel in 04, just a few weeks ago it hit a record high of $83.60 per barrel US and no one noticed, in under 3 years its price has almost trebled, so you tell me what will stop it trebling again?
Suburbian property is going to be in for a rude shock, the coming economic collapse will verify not just mine, but industry experts thoughts.
We are running out, we dont have a plan, we have peaked!
In the 50's USA was the biggest exporter of crude in the world, now they are the biggest importer, making up for only 5% of the population but consuming 25% of the worlds known reserves, now China who makes up for 20% of the worlds population are now becoming Americanized, and guess what? They want a burbian home, a microwave and their own car too! At this point in time they consume only 6% of reserves, it dont take a rocket scientest to do the math now do it u all.
We are all in for some harsh times. Please, I beg you, do some research.
Did you also know that an Aussie guy has an EV that blows away a $750 000 Porche? http://www.youtube.com/watch?v=BqqtJpfZElQ
I have had that vid for a while, I posted a link under peak oil, have a squiz at what Im up to
Hi Nami,
Simply check out the render/brick with a cement cutter, slot in a three or four inch lintel beam, this will then support the new opening and knock the bricks out underneath! Bobs your uncle!
You will find gold, and the mining of will continue in an upward trend aligned with crude. In the early 80's gold hit $850 an ounce, imagin what it can do today considering we are at peak oil production????
Tysonboss1 wrote:Just watched another DVD relating to this topic called " Who killed the Electric Car"I think it is a must watch.
Hi Tyson Boss,
I have a copy, as well as Ä Crude Awakening, I have just finished watching The End Of Suburbia and waiting for the release of Escape From Suburbia, all very good watching. You could say I know my stuff regarding peak oil.
Have a look at these links for some really good free viewing. http://www.abc.net.au/science/crude/ and http://www.lifeaftertheoilcrash.net/ http://abc.net.au/4corners/special_eds/20060710/
The reason why I asked the initial question is to find out how many heads are in the clouds, I was once a financial planner that once got a rude shock called peak oil.
We need to act and we need to do it fast, in the coming weeks and months I will be trying my best to form a team of like minded individuals to work out a game plan to save our own butts. It will be to late for the masses.
Interested in hearing your thoughts,
Regards,
Graham
