Crash looming

Discussion in 'Property Market Economics' started by hash_investor, 30th May, 2017.

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  1. hash_investor

    hash_investor Well-Known Member

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  2. JDP1

    JDP1 Well-Known Member

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  3. MTR

    MTR Well-Known Member

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    Always take some profits off the table, you never know when the market will correct, what goes up eventually goes down. If you mitigate the risk then you have covered your at$se

    MTR:)
     
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  4. Invest_noob

    Invest_noob Well-Known Member

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  5. MTR

    MTR Well-Known Member

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    Too much debt and interest rates rising. Corrections sort out the investors from the amateurs. No offence intended, but there are plenty of people who simply ignore market conditions and think they can continue making money.
     
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  6. Trainee

    Trainee Well-Known Member

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    One of their advisers is gerald minack, who has been beating the crash drum for a while. Google minack property crash.
     
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  7. bumskins

    bumskins Well-Known Member

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    Too be fair pretty much all fund managers bring it up, if not in public then definitely in their investor briefings and roadshows.
     
  8. zlatan9

    zlatan9 Well-Known Member

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    wonder if funds managers' announcements also coincide with them buying up after the announcement.
     
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  9. datto

    datto Well-Known Member

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    If the markets do implode, there are going to be a lot of people posting on forums stating "I told you so" and rubbing it in. I can just picture them punching the air when it happens lol.
     
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  10. highlighter

    highlighter Well-Known Member

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    A disproportionate number of those people will probably be jobless younguns who'll be hit hardest by the resulting recession, so there's that.
     
  11. MTR

    MTR Well-Known Member

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    If and when it happens, sometimes those losing money just stop posting, have seen some long posters vanish
     
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  12. datto

    datto Well-Known Member

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    Work for the dole will be extended to weekends lol.
     
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  13. Sackie

    Sackie Well-Known Member

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    Maybe they just decided to sell out and enjoy their spoils while also exiting the PC addiction (guilty myself) and are enjoying martinis on the beach with their smashed avo on rye. :p
     
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  14. MTR

    MTR Well-Known Member

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    Or got banned permanently:p
     
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  15. Sackie

    Sackie Well-Known Member

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    Yes. Most likely.:D
     
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  16. Propertunity

    Propertunity Well-Known Member

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    Just as well we did not listen to this bubble cr@p that was being sprouted for as far back as I can remember. Here's some posts on the old SS forum from 2011.
    House bubble to burst - 40%? SERIOUSLY
     
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  17. bumskins

    bumskins Well-Known Member

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    Lot of water under the bridge since then, and have had big moves on asset prices. I think back then it was just a vocal minority making all the noise.

    I do find it interesting that while not being vocal and making public statements, it's starting to become a constant theme/concern at investor briefs.

    That being said, it doesnt mean sell everything. Just re-weight your exposure and look at LVR's. Personally I think now is a good time to increase international exposure.
     
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  18. Perthguy

    Perthguy Well-Known Member

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    It just goes on and on, doesn't it. Say you wrote a book a couple of years ago claiming the property market would crash by the end of 2017. It doesn't. So in 2018, you publish a new book: Why the Property Market didn't crash and why it still will. Just claim the market will crash by 2020. In 2021 publish a new book etc. It's a job for life, isn't it?
     
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  19. Sackie

    Sackie Well-Known Member

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    I rather take my chances investing carefully and wisely with risk in mind than to live in fear of endless crashes and take little to no action.

    What they don't say is what surprise is waiting for most people at the end of retirement after slogging all their lives . The fear of endless 'crashes' seems quite redundant given that retirement outlook.

    Just my 2 cents.
     
  20. dabbler

    dabbler Well-Known Member

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    I think a lot get sick of forums, after a while you get nothing, then is only a matter of time before it becomes boring- esp if the moderation is not right or must be strict on topic.

    Same with property, when it is boring and not doing much other things take the interest, I have been involved in many forums and grass roots movements, once they take off, or get boring, you find something else, of course you can come back, but many ways of communication via the net also died, I used to have, be on and admin many mail lists, web boards slowly took over, but then many of them slowly died too when companies wound up or those running it got sick of it.