Search results

  1. MichaelW

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Agreed, very interesting how these things change suddenly. But if you read my other post on HGs essay thread, you'll see that underlying demand/supply is in shortfall if you look at household formation aspiration. However, I concede happily that when times get tough people make compromises and...
  2. MichaelW

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    OK, you've got me. What's the catch? You're kidding right?... I'll assume you're not and state the bleeding obvious anyway, but if you come back and lampoon me for being stupid then I'll claim the caveat that I saw it coming as it was such a loaded question. :D Bleeding obvious: We are...
  3. MichaelW

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Hi guys, I just posted a new thread which shows that Mirvac seems to believe that the US sub-prime issue WILL have a direct impact on house prices in Australia. They have reduced their LVR and are looking forward to bargain buying in the coming few years as mortgages become painful and we...
  4. MichaelW

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Hi guys, Back to the original question, and it seems I'm not alone with my opinion that the world is no longer US-centric and that a US recession will not necessarily have any flow on effect on China's expansion or the Australian economy. Here's an article today stating that Rio Tinto's...
  5. MichaelW

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    Kenneth, I was with you on every single point from point 1 to point 6, but then you got to point 7 and 8 and I don't know where you came up with that stuff? What makes you think post 2008 Beijing Olympics is the end of the world? What makes you think the real global financial crisis is...
  6. MichaelW

    Is the Sub-Prime Crisis in US going to affect IPs in Australia ?

    That question is the million dollar question right now isn't it. But there's a lot of threads to that question. Let me spell it out in a bit of detail then give my opinon. The real question is whether the sub-prime crisis in the US will drive the US economy into recession. US consumer...
Back
Top