Forum visitors in decline

I don’t think the government wants property prices to fall, I think they just don’t want them to rise as much as they have done… ie take the heat out of the market… it’s an economic management thing… I don’t think the government would be overjoyed to see masses of people with negative equity and struggling. The property sector, like all economic sectors moves in cycles… and it doesn’t necessarily take government or media manipulation to make it happen. Anyway, the media has bugger all interest in which way the property market goes, but we’ve had that discussion before…

cheers
r

Hmmm interesting…

I think that people get to a point where they lose interest and move on to other things. A handful of people remain who form the fabric of the site.

In terms of the market… those with skill will rise to the top whereas the speculators will find the going very tough.

This forum may or may not become quiet… but it will stay here for the seasoned investors who are interested in sticking with property because they know that opportunity exists in every market.

Cheers,

Steve McKnight

**********
Remember that success comes from doing things differently.
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Hi Richmond,

I agree, I don’t think the government’s aim is to lower house prices; it’s focus (apart from winning votes) is to make housing “more affordable” thereby introducing additional incentives (FHOGs)for those entering the market to go out and buy.

As for the media, it’s level of influence, is minimal, but for those (few) who base investing their hard earned dollars soley on reports from media coverage, these people are nothing more than sheep IMO.

Jo

Yack,

I like debate, but some of your posts are super-negative at the moment…

Cheers
r

On the original topic, I for one will be sticking around. I really owe a lot to this forum and the somersoft one.

For newbies they are an awesome resource of information. I only own one IP so I don’t as yet have a lot to offer myself but hopefully in the near future I will also be able to help some of the newer people.

I wouldn’t get discouraged about having slow times on the forum. We all go through busy times in our life. Currently I am finalising a purchase of my first business and have madly been getting everything organised over the last few weeks. This has meant that I don’t get as much time to spend as I did initially, but I still find the time to check out the lastest posts.

So I guess guys, just because we are not posting doesn’t mean we are not here.

So thanks to Steve and the all you guys for providing such a supportive and informative resource for those of us that share a common passion.

Thank you all very much – and please, keep it going.[biggrin]

HHH

Westan
perhaps the number of visitors is in decline because of the inversely increasing numbers of crappy posts. Have a good look at the posts made by some members here. There are a host of posts that derail the original thread, hijack the thread topic, and as a bonus insult other forum members along the way. No wonder some of the ‘herd’ (thanks Yack got that from you) are staying away (for those unable to read between the lines, read it out here: quit posting nasty posts with pointed little bits in them that have a go at others.) If you don’t like a reply, don’t say anything, unless your response is decent. Its OK to disagree, just don’t be a pratt about it.
So Westan, that’s why I think some people stay away, they can’t be bothered scrolling through trash to find the information they need to succeed out there.
CD

CastleDreamer

CD said: If you don’t like a reply, don’t say anything, unless your response is decent.

My reply: “…………………………..!”
and that is all I will say!

“I don’t think the government wants property prices to fall”

Correct. You will find rising interest rates are more associated with managing inflation and other fiscal issues not necessarily related to property values or “affordable” housing.

If any government introduced fiscal policy to “reduce” property values, the impact on institutional lenders – in most cases the government – and foreign investment could send the economy [and currency] into a downward spiral.

The Australian and even more so New Zealand economies are reliant on foreign investment [and competitive interest rates]. A considerable portion of this foreign investment is directed into property to offset higher risk short-term investments, such as technology, infrastructure and the stock markets.

This foreign investment plays a critical role [from a wider economic perspective] in home owners being able to generate capital growth.

Higher interest rates, etc, “may” reduce sales activity in the short term – affordable housing or otherwise, and may impact demand to some extent. But do not expect prices to drop [to any great extent].

New Zealand for example is still significantly undervalued in most regions – looking at a 3-5 year outlook, and although Australia has reached a plateau, it too offers an abundance of investment opportunities – which will ensure property values continue to increase over time.

Property values are controled by the marketplace – supply and demand. For as long as there is supply, there will always be demand to sustain value. Investment strategies will simply evolve with changing economic conditions.

— Michael

Hi all
I have been quiet for a few reasons. Firstly, same old questions and answers. Secondly, there are a few people here giving poor advice to others and whenever posters like myself try give a bit of balanced advice we get shot down. An example of this was when some people gave bad advice about what to claim to reduce tax, some months back. I felt much of this was not being done in total honesty and when I suggest this, got shot down. Lastly, I find some posters grasp of English a bit on the shaky side and get very frustrated with the grammatical errors that change the intended meaning of the posts (either intentionally or unintentionally, I cant tell).
Oh well, I guess I am just becoming a grumpy old fart!

Ouch Houses. I think people who have a language other than English should be encouraged on here. Sometimes, people love forums like this because it;s a chance to practice their english writing skills. As a person who only has 1 language, I admire those who have more than one.

Houses, I agree with you that people get narky when there are discussions of ethics. But narkiness, when expressed respectfully, just makes up the mix or richness of the forum. It’s so good to have a balance!

kay henry