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  1. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    In fact the chart I just posted shows that houses didn't do well during a time of high inflation, see the period of the 1970s - 1980s prices did nothing (fell) in inflation adjusted terms for 15 years or so. In my opinion the best case scenario will see something similar to that playing out.
  2. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    Can you provide an example of land doing well in inflationary times? As I recall during the 70s it rose less than inflation. You need to look at parabolic moves relative to its own history, gold is up 7x this bull market, last one ended up over 30x. Land hasnt really gone parabolic, but...
  3. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    We've pretty much already seen land go parabolic. I disagree that land prices will benefit from any significant inflation scare/rush to safe haven assets. At best I think we will see land rise, but at a level lower than inflation (so falling in real terms).
  4. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    Do you measure your wealth as a multiple of the average income?
  5. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    C'mon Shadow we both no that Alex Barton is just a persona made up to give the troll forum a legitimate appearance :D
  6. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    Sure they are. In fact some Perth Mint coins are legal tender in Australia so you could use them at Coles... but you'd be an idiot to do so (face value $1, commodity value $30). Your work is actually quite good (regardless of whether I agree with everything you post), you should start a blog...
  7. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    I'm sure I could argue and nitpick and likewise you could return for pages on end, but meh... Priced in real money there was no 10 year plateau: http://www.bullionbaron.com/2011/09/australian-houses-vs-gold-silver.html The crash has been in full force for half a decade and counting ;)
  8. hobo-jo

    USA, Ireland, UK, Spain and Japan Property Bubbles versus Australia

    Why are there different starting years for the charts? It's great what you can do with a change to the start in the index :cool: In regards to your comments about the immediate decline, are you able to point to another bubble which has had as much government intervention as our housing market...
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