Evidence WHY property prices won't perform as they have in the past

Discussion in 'Property Market Economics' started by Ummm, 1st Nov, 2019.

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  1. Kangabanga

    Kangabanga Well-Known Member

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    Thats just crazy financial manipulation. Another form of taxpayer subsidizing housing? Someone has to be paying the banks for them to make a profit from negative rates lol...

    House prices will continue to go up, theres inflation and currency depreciation plus overseas funds coming in using aus property as asset storage.
     
  2. See Change

    See Change Well-Known Member

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    Uuum

    for the last 20 years I’ve been investing , there has been a constant stream of new posters explaining why the market isn’t going to go up any more or why the economy is about to tank so now is a bad time to invest .

    So , as another member of those self appointed bringers of “ good news “ arrives , excuse me if I don’t take you seriously .

    Personally , I’m champing at the bit to make my next purchases / developments . Just going through the process of finalising some sales , reorganising our finances and well into the process of my due diligence . Narrowed our areas of interest .

    I don’t see any point in engaging you in any meaningful debate as you’re not interested in other people’s opinions . There was a time when I did but I’ve learnt that lesson .

    Only reason I’m replying , is we’ve just been down to Bunnings to get some solar lights and my wife is driving , so I had some spare time . Multitasking , listening to music and checking emails / posts etc

    cliff
     
  3. Barny

    Barny Well-Known Member

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    If you take a look at overseas negative interest rate loans you will see there are fees attached to these loans which still cost you money even though the rate is negative. Admin fees/offset fees/credit cards etc etc which makes the banks profit.
     
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  4. Sackie

    Sackie Well-Known Member

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    Anti capitalist... socialist...anti wealth creation, etc etc. Take your pick.
     
    Last edited: 3rd Nov, 2019
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  5. QldKoolies

    QldKoolies Well-Known Member

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    Or - Must bring others down to prop ones self up. Or - If i can’t do it must warn others not to try.
     
  6. Ummm

    Ummm Well-Known Member

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    Well apart from my clickbait headline, I provided no predictions about the future. I provided evidence based on facts that have already happened, and asked the reader to answer some questions about what they think will happen in the future.

    Did you even read it?

    Do you disagree on the changes to deposit requirements, interest rate reductions, or income increases? If so, I'm happy to be shown evidence on reductions in LVR, interest rates increases and pay cuts since 1980...
     
  7. Sackie

    Sackie Well-Known Member

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    Unfortunately you see this from time to time on the forum. Even by one or two long time members. Has to do with their level of maturity and self confidence me thinks.
     
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  8. Triton

    Triton Well-Known Member

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    You also need to take into account various other levers the government can employ should the housing market need a "boost"
     
  9. Ummm

    Ummm Well-Known Member

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    Thanks Cliff, if you read the very first line I wrote, I say if you 'add value' you might get some capital gains. Which is what you are doing through developments correct? I'm also cashed up looking for opportunities. You will note multiple times throughout my posts I say 'add value', and seek people who are experts in what they do...but don't take their word for it. Do your own research. The intent of my post is to get people to consider what has happened in the past to cause baseline value to increase, which has subsequently provided people with equity to invest further. I then asked people to look at the factors and then consider what they think may happen in the future.
    Yes the clickbait headline is negative...but nobody reads a sunny day story...
     
  10. Ummm

    Ummm Well-Known Member

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    Agree, and I believe they will throw the kitchen sink at it, I'm just not too sure whether this will be a good thing in the long run..
     
  11. Triton

    Triton Well-Known Member

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    I don't think the government is as naive as property bears think they are, the way the slowdown in the housing market was orchestrated in 2017 was very good
     
  12. Ummm

    Ummm Well-Known Member

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    It's all about how many bullets they have left. Ultimately it's a tradeoff, resources are finite and eventually people will begin to question why one asset class is getting propped up whilst education healthcare etc has funding cut..
     
  13. Ummm

    Ummm Well-Known Member

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    Hmmm where did I tell others not to try? Pretty sure I said add value and don't just hope for capital gains. I provided some historical facts on the key elements to buy property, and asked readers to answer some questions for themselves about what they think will happen in the future.
    What were your answers to the questions?
    If I have made an error on the information I provided please let me know and I can correct it...
     
  14. See Change

    See Change Well-Known Member

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    You see ummm . That’s you problem . That’s why most aren’t engaging with you in a meaningful way .

    By posting obvious click bait , you think we’re a bunch of idiots who dont see straight though that .
    Your initial post was treating the members here with obvious disrespect and contempt. I’ve seen it many times before so dont try and weasel out of that .

    If you don’t see that , then I feel sorry for you .

    I have no intention of responding to your actual content . I’m treating you with the disrespect that your showing us .

    Cliff
     
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  15. Ummm

    Ummm Well-Known Member

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    Was it the headline or the content that you found disrespectful or both? What parts of the initial post did you find disrespectful so I can improve my delivery of information then?
     
  16. Ummm

    Ummm Well-Known Member

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    For my future reference, do you think my second post is disrespectful?
     
  17. PurpleTurtle

    PurpleTurtle Well-Known Member

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    I suspect it’s more to do with the vibe of the whole thing. You’ve come to a forum built for people to discuss property investment and whether you intend it or not, your posts may have come across as telling people they shouldn’t be investing in property.
     
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  18. Ummm

    Ummm Well-Known Member

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    Appreciate the feedback, I don't think I said anywhere don't invest in property...I invest in property. But I am adamant people need to add value these days and actually think about what has happened in the past, which was what I hoping to provide in the information...
     
  19. See Change

    See Change Well-Known Member

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    spot on
     
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  20. Sackie

    Sackie Well-Known Member

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    You can be as adamant as you want that all people need to add value. The fact is, you have absolutely no idea of individual investor's goals, time frames, risk tolerances, skillsets, investment strategies, financial situations, property portfolios, investment plans. etc etc.

    Anyone shouting to the masses why there is suddenly only one correct way to move forward is basically full baloney.

    You grossly underestimated the savvy of many investors on here.
     
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