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    State of Australian housing market

    Argentina? That's small fish. Try living in Japan.
  2. D

    State of Australian housing market

    Amazing how defensive people get when someone shares their opinion about a downward market. That's naturally on a property forum... but I guess I'm more surprised by perhaps the train of thoughts and hence quality of investors. What do the website hits say? Well it's all about relativity. If...
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    State of Australian housing market

    I hide behind the internet to hurl cheap shots, that's why. Makes me smirk. Got to be all nice and bubbly in real life.
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    State of Australian housing market

    I'm glad I bemuse you, but let's just say same to you, mainly because of the sheer volume you write. By the way, this time you did misread my post. I did not discount passive investing. I said passive investing was what we were talking about, and that you were going off topic. As you said "I...
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    State of Australian housing market

    You're saying there's only 2 choices between shares or property? Lol you're talking about mums and dads yea? Sorry don't deal with them ever...
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    State of Australian housing market

    Hmm thanks for your essay response. Anyway - you're qualifying your statement. The market price is the highest price for which I can sell at any given point in time. That's what market price is. You're qualifying it with 'notional' market price, which is basically another euphemism for...
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    State of Australian housing market

    Lol I said nearly fell through 60%. Again you have this strange tendency to misread (rather than read between) the lines don't you? If at a particular point in time the property can only sell for $380k then that just means $380k is in fact without any doubt the market price. Prices fluctuate...
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    State of Australian housing market

    Why would I take up your bet to sell anything below "market value"? Maybe property is a bit hard for you to understand. Think of this share market example. BHP share price = $46. I think it will fall to $20. That doesn't mean I'll sell it to you at anything below $46... because I can just...
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    State of Australian housing market

    Great good on you - I read somewhere that clearance rate this wkend was nearly sub-60%. Oh I know where I read it now... everywhere in the newspapers!!!
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    State of Australian housing market

    Why would I sell it to you at market price less anything? Wouldn't I just sell it at market price? These posts are always so confusing... "Ages" = past 5-6 months. Didn't you read?
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    State of Australian housing market

    Fair enough, not ages - just the last 5-6 months. Anyway agree with both of you to an extent: some prices continue to surprise me so it's pretty mixed at the moment. Got this inner city double storey terrace not long ago. Now I can't even get a single storey terrace in need of a reno, a...
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    State of Australian housing market

    Market is not healthy - been calling this for ages. Anyone want to buy my overpriced Australian home and ips?
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