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  1. S

    Last tooth pulled from RBA toothless tiger

    Thanks Shadow. Interesting stats there. I have seen some different ones, but that's fine. All I'll say is that I think the average Australian finds it tough to put a roof over their heads nowadays. Maybe you disagree with this? I think it's a sad situation for many young families. Maybe you...
  2. S

    Last tooth pulled from RBA toothless tiger

    No Sheryn, never had another name. Don't assume there is only one person out there who sees the downside in the current madness. There are many and their numbers are growing. Apologies, I may have been unclear. I was not referring to the building side of the industry at all. I have no knowledge...
  3. S

    Last tooth pulled from RBA toothless tiger

    Good answer. I still note NO ONE has addressed the concerns I raised with regards to the OP's post. NO ONE seems to want to discuss the extremely high IR rate sensitivity of massively geared households. Everyone just wants to talk it up. I notice Nathan even has his own website. So no vested...
  4. S

    Last tooth pulled from RBA toothless tiger

    I laugh when "hard working" boomers/older Gen Xers don't realise that alot of their "success" was built on nothing but pure dumb luck (I use the term loosely, as this refers purely to mythical balance sheet success, not actually living a successful, wholesome life). Gen Y'ers just wont fund...
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    Last tooth pulled from RBA toothless tiger

    My posts addressed issues beyond the ability to make profit from property investment (which itself is in grave danger given the circumstances described by OP and others I have touched upon). When there are no more buyers at the given price level, and the expectation shifts to falling prices...
  6. S

    Last tooth pulled from RBA toothless tiger

    Sorry, what about prices that are the highest as a multiple of incomes on earth (Canada maybe our only competitor). Are prices sustainable? I'd love to hear your thoughts on prices? Who's buying now that the FIRB rules are changing? Not the next generation, they are locked out. So unless boomers...
  7. S

    Last tooth pulled from RBA toothless tiger

    I don't think you're mad, I think you're analysis is spot on. But the fact that you don't see a problem with the extreme levels of household debt you yourself denote, is what concerns me, in fact, it astounds me. We in Australia have some of the highest in the world. When you build your...
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