Im getting a bad feeling in my stomach

Discussion in 'Property Market Economics' started by Blacky, 27th Feb, 2017.

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  1. Blacky

    Blacky Well-Known Member

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    its hard to tell if it's just too much Singapore chilli crab, but I'm getting a bad feeling in my tum tum.

    I've been sitting here by the pool for a few hours catching up on what I've missed over the last few weeks.
    Seems the entire PC chat thread is fillies with a few main topics
    1) boom cycles - and what happens when it busts
    2) how the golden age of easy (and cheap) finance is quickly coming to amend.
    3) stock market discussions

    If I've learned any thing over the years, this forum (and SS) is ahead of the game and ahead of published statistics.

    Time to sit on the fence and watch for a bit?

    Blacky
     
    Blacky, 27th Feb, 2017
    #1
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  2. Perthguy

    Perthguy Well-Known Member

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    Not much about property ATM. There is a Hobart thread or two. There is still a bit of noise about Melbourne. Seems like Sydney may have run out of steam finally. Debate about whether Perth has hit bottom.
     
    Perthguy, 27th Feb, 2017
    #2
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  3. Gockie

    Gockie Life is good ☺️ Premium Member

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    1. Pretty much out of serviceability, thanks to bank tightening. Btw, I've been told I still service with Liberty, but I think some numbers used with Liberty could be rather rubbery, they will accept any old HEM... and I feel pretty certain it would not stack up with any other lender, so if they jack up rates I'd be snookered.
    2. In the next few years don't think there's too many property markets going to boom like Sydney and Melbourne have in the last few years
    3. Why not use the equity built through property and buy into shares instead.... they are no hassle.

    #setforlife.
     
    Gockie, 27th Feb, 2017
    #3
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  4. melbournian

    melbournian Well-Known Member

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    Declare @Status varchar(10) = 'BOOMED'
    Declare @Status1 varchar(10) = 'BOOMING'

    Select * tblCity where status = @status or status = @status1

    Results Output
    1. Sydney
    2. Melbourne
     
    melbournian, 27th Feb, 2017
    #4
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  5. wylie

    wylie Moderator Staff Member

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    Please explain? :confused:
     
    wylie, 27th Feb, 2017
    #5
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  6. dabbler

    dabbler Well-Known Member

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    There has also been quite a few new members join and ask about investing in Sydney, many do jump in when it is at it's highest high.

    All the changes have to start biting, hope the govt can stay the course, if they bring in NG and CG changes now or before all these recent changes have played out, it could bring on a bad situation.
     
    dabbler, 27th Feb, 2017
    #6
  7. Propertunity

    Propertunity Well-Known Member

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    Computer code from a programmer, @wylie
     
    Last edited: 27th Feb, 2017
    Propertunity, 27th Feb, 2017
    #7
  8. Gockie

    Gockie Life is good ☺️ Premium Member

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    You didn't use NVARCHAR. Good job.
     
    Gockie, 27th Feb, 2017
    #8
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  9. pwt

    pwt Well-Known Member

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    It is a database (SQL) code of saying cities Boomed or Booming are Sydney and Melbourne. Might have directed to @Gockie due to her interest in SQL.
     
    pwt, 27th Feb, 2017
    #9
  10. datto

    datto Well-Known Member

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    1 + 1 = 3
    Pretty much explains the Sydney property market.
     
    datto, 27th Feb, 2017
    #10
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  11. Phase2

    Phase2 Well-Known Member

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    Crab to beer ratio is probably too high. Couple more cold ones and you'll be right :)
     
    Phase2, 27th Feb, 2017
    #11
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  12. melbournian

    melbournian Well-Known Member

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    Come on typo happens ahahhahahahah using iPhone
     
    melbournian, 27th Feb, 2017
    #12
  13. Gockie

    Gockie Life is good ☺️ Premium Member

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    Only really need NVARCHAR to deal with Asian languages..... Hmmm. .. maybe for these cities it IS needed. Lol
     
    Gockie, 27th Feb, 2017
    #13
  14. Redwing

    Redwing Well-Known Member

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    Where's @See Change he normally reads the tea leaves of the group ;)
     
    Redwing, 27th Feb, 2017
    #14
  15. mrdobalina

    mrdobalina Well-Known Member

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    there's more to life than working
    You missed the prospective boom in south Karrinyup Perth.
     
    mrdobalina, 27th Feb, 2017
    #15
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  16. hash_investor

    hash_investor Well-Known Member

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    Order of results is not guaranteed
     
    hash_investor, 27th Feb, 2017
    #16
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  17. wombat777

    wombat777 Well-Known Member

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    Cashflow is king and over time the stock market is a strategy for increasing passive income and hence serviceability.
     
    wombat777, 27th Feb, 2017
    #17
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  18. hash_investor

    hash_investor Well-Known Member

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    Market is at the top
     
    hash_investor, 27th Feb, 2017
    #18
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  19. Phase2

    Phase2 Well-Known Member

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    top of what? previous highs?? not yet.
     
    Phase2, 27th Feb, 2017
    #19
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  20. JDP1

    JDP1 Well-Known Member

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    Code is incomplete.
    You forgot @status varchar(15)='Boom Inevitable'
    The results for that is the one and only Brisbane.
     
    JDP1, 27th Feb, 2017
    #20
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