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Long term effects of "Bubble about to burst" in most media?

Discussion in 'Property Market Economics' started by proper_noobie, 1st Jul, 2015.

  1. proper_noobie

    proper_noobie Well-Known Member

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    Mainstream media is daily pushing the bubble scare stories.

    Everyone surrounding me is complaining about property prices because they want to live in the desirable places, while ignoring property a little further out and/or a bit smaller is reasonably affordable.

    Other than increasingly making an 'us v them' situation between investors and renters, is this potentially causing harm by reducing the number of FHB's that can afford but are waiting it out, whatever 'it' is?
     
  2. sandyfeet

    sandyfeet Well-Known Member

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    Have the older heads from SS seen this all before??
     
  3. Big Will

    Big Will Well-Known Member

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    Markets all around the country move up and down and stay flat.

    Sydney will likely cool as it is so far above the rest of the country, either that or the rest of the country will pick up speed.

    I do not feel that Melbourne is about to burst, some suburbs are only now reaching the same value of 2011.
     
  4. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    Mainstream media live off fear mongering to sell stories. People who actually have a clue do their own research
     
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  5. Propertunity

    Propertunity Exclusive Real Estate Buyers Agent Business Member

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    Media beat-ups get noticed for the moment only. Life moves on - the public has a very short-term memory.
    Who's talking about AirAsia qz8501 now? Or the Boxing Day tsunami? or anything else that grabs headlines for a period? ......this too shall pass.
     
  6. keithj

    keithj Moderator Staff Member

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    Older heads no longer read mainstream media.
     
  7. sandyfeet

    sandyfeet Well-Known Member

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    Ha gold. Me - youngish head, still learning
     
  8. Scott No Mates

    Scott No Mates Well-Known Member

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    Chatting to a valuer the other day - no signs of the world coming to an end. Lots of O/S $$ flowing in, demand is putting pressure on prices. There will always be demand for well located property in capital cities.
     
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  9. WinDyz.

    WinDyz. Well-Known Member

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    Exactly... It's like in GFC... Well located property kept its value. Of course there will be a good bargain at times. but demand is always there if property is well located and good.
     
  10. Be Developer

    Be Developer Property Developer Business Member

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    I think most investors here will be better educated then rest of market.

    I love how most media out let releases headline statements on Friday and Tuesday.

    Friday to create sensation for weakend buyers

    Tuesday for creation fear fro those who brought on weekend.

    :):):)
     
  11. Scott No Mates

    Scott No Mates Well-Known Member

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    Slightly confused BD, did you mean 'weekend buyers' :rolleyes: or 'weakened buyers'o_O?
     
    Last edited: 2nd Jul, 2015
  12. Be Developer

    Be Developer Property Developer Business Member

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    meant week end buyers!!:):):)
     
  13. Scott No Mates

    Scott No Mates Well-Known Member

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    I prefer to think of them as weakened buyers - ie they are under pressure to buy for fear of missing out.
     
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  14. Be Developer

    Be Developer Property Developer Business Member

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  15. Darren A

    Darren A Well-Known Member

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    Another 10.4 percent for Sydney that would be very nice.

    As mentioned the property bears will have a field day with the last part if that article. I can't help but be amused by the property bear clowns.

    I think they like to think of themselves as knights on a horse fighting the good fight for fhb's and the poor. It is much more fun and rewarding playing the "money game".
     
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  16. jins13

    jins13 Well-Known Member

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    If the average joe is worried about the property bubble burst than less competition in the market for us. But in saying that, I have not gone through my property investment journey with the Asian crisis, GFC and depression. I agree with the others that as long as a property is well located, have tenants in the property and have a good plan b/ backup plan in place, I believe an investor can minimise the risk. Newspaper need to sell papers and publish articles that provide that shock factor. How reliable is "Fairfaix survey" anyway?
     
  17. Bayview

    Bayview Well-Known Member

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    And that's all you can do.

    There is risk in everything; all you can do is manage it.

    Folks ask me if their car is safe...

    Only if they are not driving it.

    They want guarantees in life; someone else to take the responsibility..
     
  18. See Change

    See Change Timing Lord Premium Member

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    Yep

    Current market is the same as when we first started investing seriously . Sydney -- boom and unaffordable , Melbourne has started its move , Brisbane starting to wake up . ( not sure what was happening in Adelaide last cycle ..... )

    We bought at the peak of the cycle before that and watched it go sideways for seven years

    Cliff
     
  19. jpcashflow

    jpcashflow Well-Known Member Business Member

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    Unfortunately to much people pay attention to the media vs concentrating on their own situation. Investing in shares, business or even property has never been easy. There are people who will make more money in harder times vs good times.

    Take responsibility for your own actions and do your own research :)