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  1. H

    House prices

    De-javu This question has been asked before and during every boom ! Over 200 times on this forum alone ! When our next door property sold for over $560,000 in 2003, I was convinced that the buyer had rocks in his mind and he is not going to see any growth from those very 'unsustainable...
  2. H

    House prices

    Very confusing post... Wealth and happiness are not mutually exclusive... I think all forumites know that. Most of us have what a decent human being needs to survive in a stress free environment. The chase, the hunt or the thrill of accumulation and building on wealth (whilst appears to...
  3. H

    House prices

    How about this "summary" Token Funder.. http://www.theage.com.au/business/house-prices-hotting-up-20091010-grnf.html Regardless of your fringe commentary sources, there is almost a unanimous consensus for where the values are heading - most of your mates have thrown the towel in and...
  4. H

    House prices

    http://www.smh.com.au/business/markets/analysts-predict-stocks-will-rise-29-in-09-20091002-gfd2.html pays to be informed Sid... I recommend that you read newspapers once a month :D Re your other points, not even worth referencing to put the point across - Obvious as day.. Harris
  5. H

    House prices

    We have very short memories.... It wont affect the top end. The top end got marginally hit when : 1) The biggest global financial crisis hit the world 07/08 2) ASX fell almost 50% 3) Interest rates were 350 basis points higher than today 4) There was doom and gloom written in every nook...
  6. H

    House prices

    Agree with this commentary from Propertunity. No 'sniffing' blood whilst the interest rates are almost 400 basis points below what they were just 18 months ago..! Remember also that inner Melbourne experienced historical high increase in values during 2007 when the rates were 300 basis points...
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