imugli wrote:
Where it's at all possible, the compnay I work for won't sell the property for less than market value. In many cases there's actually a surplus left over and this goes straight to the customer. Obviously there are many factors involved here though…

imugli,So how is this working out for the company at the moment? Are things s…[Read more]

ErikH wrote:
I don't think you can argue about the population growth etc. and what that does to the market fundamentals, but as I highligted their article conveniently forgot to mention affordability as a a major issue …

The reason more people are coming in is because we have alot of people preparing for retirement. I don't think that the…[Read more]

Scamp wrote:

ummester wrote:
I still don't understand why the banks would create so much debt with people who have an average of 15 years life left?Just say property does go down in the order of 30% and overleveraged Boomers can't pay the bank back before they die, what are the banks going to do?

Have you even kept up with USA news ? That is…[Read more]

Scamp wrote:
The aged population is solved by immigration. Why do you think Australia is letting all these people in ?

Unless the recession is sever enough and the country can't afford immigration.I still don't understand why the banks would create so much debt with people who have an average of 15 years life left?Just say property does go down…[Read more]

ormeau wrote:
Now that's passion! The men and women who defended this great country of ours during the world wars would be turning in their graves if they could see what we have created for our children, dog eat dog, foot on head bunch of who gives a fuck about anyone but me people.Its every Aussies given right to have a roof over their heads,…[Read more]

Unfortunately, because of the poulation bulge that exists around the Boomers 'Taxes will go up , pensions will go down, pension age will go up from 65 ( or whatever it is in Australia ) to 70' regardless of property prices. There are heaps of them aged 50-65 over here at the moment, way too many and no-one can do anything about it…Of course, a…[Read more]

Scamp wrote:
debt = future money.This is the first time in history that current generation is stealing money from the next generation. Can you live with that ?

You mean Gen X stealing from Gen Y or Boomers stealing from X & Y?In Australia, I only see the Boomers (and some of the very old X's) doing the investing. Sure, there are some younger…[Read more]

mackar wrote:
is this just a conspiracy theory???why would a respectable company compromise their perceived integrity??mackar

mackar,The obvious answer would be that thier integrity isn't worth as much as thier profits. For a property analyst to useful, there has to be alot to analyse in the property market. An active market is job security for…[Read more]

yarpos wrote:
they are just a reflection of the general greed levels

I can't disagree with that – which is why I am sure that socially, even more than financially, the property market in Australia has to correct in the order of 30%. Greed is killing this country and oddly I have never cared as much about it (never was very patriotic) until I…[Read more]

Scamps right,It's herehttp://www.ottawagroup.org/Ottawa/ottawagroup.nsf/home/Meeting+9/$file/2006%209th%20Meeting%20-%20Keith%20Woolford%20(presented%20by%20Merry%20Branson)%20-%20An%20exploration%20of%20alternative%20treatments%20of%20owner-occupied%20housing%20in%20a%20CPI.pdfAnd…[Read more]

ErikH, RP data is a company that profits exclusively from the property market, which slant do you think they prefer to give? There is no way the information they provide is unbiased – they need a strong market to remain operational.Consider thishttp://www.jenman.com.au/news_article.php?id=226I never realized, before skulking around here, how much…[Read more]

blogs wrote:

ummester wrote:

Mister wrote:
I can guarantee you one thing – I can spell wrog !

I am not a nasty person – honestly…. but that is frakin' hilarious!!!

Wow you must be easily ammused? In that case what I have just posted will have you wetting your pants…..

Nah, timing was off… too late to be funny:)

harb wrote:

ummester wrote:
Tumbarumba is still overpriced.

How do you figure that out ? The average worker could easily afford to buy there on less then a years income. How is that overpriced ?

Yea, if there was any work in Tumbarumba…. Tumbarumba is priced correctly for a suburb of a capital city, not an area with decreasing population…[Read more]

Scamp wrote:
What do you mean noone knows ? I know.I have posted all the reasons of why the housing market will crash in a thread called something similar on the Help forum U think. You can't miss it, it's got 25.000 views. If you are genuinly interested, you will read that whole post. It will take you about a weekend, but you'll be completely…[Read more]

harb wrote:
Well if you put it this way then I have to agree with you and Scamp . As long as you have people prepared to make the move to Tumbarumba then yes, there are plenty houses available and there is no rental crisis. Now all you need is to find someone who wants to move there or at least someone we can force to move there as part of a…[Read more]

harb wrote:
Thats only the garbage from Census night. Take out the holiday homes and the ones where the occupants didn't want to fill in the Census form and lied about the property being vacant and you'd be lucky to have half that numbers. How many posters on this forum completed the last Census correctly  ?

Even half those numbers are enough…[Read more]

Mister wrote:
Why thank you ummester .Nice to hear someone doesn't mind lowering themselves to give an opinion to the likes of me , I'm not very bright youknow ! .I don't believe not doing so would be  ' wrog '  exactly but ,  woops.Cheers

That's cool Mister,I also find some of the things you are concerned about with Australia of lat…[Read more]

harb wrote:
Sydney is the world's most unaffordable city, unaffordable to whom exactly ? I haven't seen any stampede on TV so the majority must still be able to afford to live there . Besides, its all relative to your wealth, income and prospects … if you think Sydney is unaffordable for you then it would be silly to buy there, wouldn't it…[Read more]

Mister wrote:
I can guarantee you one thing – I can spell wrog !

I am not a nasty person – honestly…. but that is frakin' hilarious!!!

harb wrote:

ummester wrote:
[But what if he's right? Will everyone else retire?Sometimes he is a bit harsh but Australian is long overdue for a correction in property prices – I think anyone who can't see that is in denial.

Scamp ? Is that you playing tricks again ?

I am not Scamp – I don't wear clogs.