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The crowd (retail level sentiment) is usually wrong. If confidence is high then the next disaster is probably just around the corner :D

Everyone except for the bullhawks, including poor old stubborn Christopher Joye who pumped the same rate rise rhetoric all the way up until the new inflation data came out lol I agree, but I think it will take more than a single rate cut to have much effect on the low clearance rates and...

So you are attributing falling interest rates (November) to changes in Septembers finance data? Which buyers are a lot more confident? We've had a week so far, are you on the ground measuring this with a survey? Are you an agent taking offers? How do you know buyers are more confident...

It was a pretty sad comment on your behalf. I mean trying to belittle $80k? It's more than I earn in a year via employment. There's users on here quibbling about whether to raise their rents by $10-20 per week. What did your comment add to the thread? Perhaps that's something to ask...

I don't worry about it. Shadow commented on my position, I was simply responding. The decision to sell wasn't purely a financial one. But really, what a sad little comment from a sad little man. Do you really pick up business with your ridiculous comments all over the forum?

I'd estimate I'm around $80k minimum better off having sold from the combination of: - Falling price of the property (which probably has some way to go) - Saving costs by renting - Better appreciation in assets I've held with equity that sale proceeds released I think stamp duty is a...

Properties values in the suburb I sold are now lower than when I sold and I have saved tens of thousands additional by renting. re OCAU: I did add a link in my signature and it was later removed by an Admin, but Trojan knows that already. Ask him if he's noticed Gold's performance relative to...

The rate of increase in money supply has greatly exceeded the inflation target.

WTF?? LOL. Cash is only as reliable as the central bank/government behind it. I don't watch much local politics, but from the snippets I've seen our current government it looks more like a circus act than those prepared to sensibly run the country and the RBA has diluted the worth of our...

Of course anyone looking at this fact impartially would realise there is more than one way for this weighting to change (infact the rebalance is already occurring at the moment by stronger falls in other cities, rather than your implied room for stronger price appreciation in Sydney). That said...

99.9% of the 3m that watched the finale are sheep, not contrarian investors, so they won't think to buy now and infact the results may spur them to get out while they still can. .05% are residential property investors who buy dips, so having seen the show will see the slow market as an...