The bear gang is out in force.

Discussion in 'Property Market Economics' started by mues, 13th Mar, 2019.

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  1. Sackie

    Sackie Well-Known Member

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    I'm not exactly sure what you mean by income or deposits but I think there is no "more important" that will fit all investors. Imo the investor who has 2, 3 , 4 mil of cash/equity which is useable and has X risk profile will view the current markets situation very differently from the investor who has say 100k income, 2mil portfolio with an lvr of 70% with a lower risk tolerance.


    I've given up crystal ball stuff a long time ago and leave that in the very capable ( and broke) hands of economic super gurus.
     
    Sackie, 17th Mar, 2019
    #61
  2. Illusivedreams

    Illusivedreams Well-Known Member

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    Property is not really a poor man's* game. Well not in Sydney and Melbourne. Not to mention the fact that $100k salary is only approx $15/20 K below median.
    I actually feel strongly about some one in $60k leveraging them self up and buying $800k property..
    I'm glad these days are gone.

    I'm all good. Although when things were good people were sharing their stories how to make money.
    Now market is turned. Alot of bears screaming they predicted and market will tank further.

    Although it doesn't seem like many almost none are sharing how they are making it work in this market.
    To be that is true intellectual ability.
    Posting stats on how crappy market is doing takes no intellectual ability.
    Posting a prediction for a decline in 2015 and being right 3 years later takes little to no intelligence either.


    I'm not having a go.


    *Figure of speech only . Obviously men and women
     
    Illusivedreams, 17th Mar, 2019
    #62
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  3. berten

    berten Well-Known Member

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    Where does constantly whining about lack of positive/buy now talk, fit in on your intelligence scale?

    Market economics     Section is the right place to discuss economics of the market. If you don't like seeing negative growth, avert your eyes until the downturn ends? Suggesting tracking the market has anything to do with intelligence is silly and transparent.
     
    Last edited: 18th Mar, 2019
    berten, 18th Mar, 2019
    #63
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  4. Cmelderis

    Cmelderis Well-Known Member

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    Simce when is the median salary 115-120k???:confused: its 80k
     
    Cmelderis, 19th Mar, 2019
    #64
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  5. gary176

    gary176 Well-Known Member

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    please in north shore or city side....guess it will be close to 500K
     
    gary176, 19th Mar, 2019
    #65
  6. Cmelderis

    Cmelderis Well-Known Member

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    Please, I don't believe the post was referring specifically to those areas.
     
    Cmelderis, 19th Mar, 2019
    #66
  7. Illusivedreams

    Illusivedreams Well-Known Member

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    It was a typo. If you reading meant to say above .
    Sorry for confusion
     
    Illusivedreams, 19th Mar, 2019
    #67
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  8. gary176

    gary176 Well-Known Member

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    Just kidding....
     
    gary176, 19th Mar, 2019
    #68
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