Forum Replies Created
It's so great to see this talk about the crash becoming more prominent in forums like this one. Awareness of the bubble is really seeping into the brains of the masses. IMO the biggest driver of house prices is sentiment, when consumers are confident they’ll bid up prices to crazy levels irrespective of fundamentals, but now the tides turning, panic is setting in and they’ll all run for the exits at the same time, especially the overleveraged profligate wastrels holding multiple “investment” properties.
I can smell the fear. It’s palpable on the Australian Property Forum where the desperate bulls and spruikers are frantically posting threads trying to disparage the bearish message…
APF – Check out the bearish sentiment in all threads!
Sorry bulls and spruikers but the party is over and you know it. No more endless capital gains, no more rents through the roof, no more easy credit, no more lo w interest rates, no more mass immigration. No more stimulus. Nothing left to keep in air in the bubble. The govt is out of ammo. The RBA wants the bubble to deflate. Bulls… you’re on your own. If you sell now, you just might get out of this with your shirt!
Zoran.
After the coming crash, cashflow positive deals shall be found everywhere, you shant even need to look hard!
Sometimes it’s hard to believe this property boom kept going for as long as it did. It should have popped last time but a round of unprecedented stimulus forced a last gasp of air into the bubble. All they did was kick the can down the road and now the collapse will be even worse. Posters on http://www.AustralianPropertyForum.com have been predicting this outcome for some time, and now the scale of this coming collapse will surprise the majority of commentators, in the same way the GFC surprised most economists. Of course, there will be revisionists who will claim they predicted it all along but the truth is the majority of economists are blind optimists who couldn't see a coming train before it plows into them!
Today Tonight ocassionally surpasses its reputation!
