Search results

That's what my daughter is doing and what my middle son is looking at doing once he finishes Uni. Cliff

Agree ,there will always be bears. I'm curious what anecdotal evidence you rely on . I'm always interested about hearing new thoughts. Re the chart . I'm assuming that's not adjusted , hence I'd be interested in a long term chart with a log scale . Given the property market is at an all...

Mud slinging ... :eek: That was a little poke .... ;) Considering you had plenty of time to respond to this post prior to that other comment you refer too . I'm disappointed . Yes , you did have time . You saw the post and didn't reply here until after I made that comment...

While I concede the point that prices that can't outprice inflation indefinitly , I'd consider this a moot debating point and of no practical application when it comes to the day to day process of investing in property which is the reason why most people are on this forum . ( rather than...

In the previous cycle we bought several properties for less than the seller had originally paid in some cases 8 -10 years before. There are people who will be buying in the next 1-3 years in Places like Mt Druitt who will end up doing the same. Cliff

Fair enough . I missed that when reading your thread initially . Finally . You've proved someone wrong ....;) I'll concede that point. Reality is it doesn't affect and has nothing to do what I've done and am going to do . I'm not relying on continued growth above inflation . Just continued...

LMAO .... So true . I like game of thrones. In medieval times they used to bate bears for sport ..... Cliff

I don't think I've said that prices can continue to outpac inflation or income forever , or didn't you understand when I said made my comment about not paying much attention to adjusted figures . Lies , damn lies and statistics ... To be honest I personally don't pay much attention to the the...

Ahhhh.... So he's an economissed .... Cliff

In that case , any time is a good time to buy :D Cliff

I've checked out Philip Soos in the past , source of that chart , and my initial reaction was I was impressed , but once I kept on reading I became less than impressed . As we've seen with chart in recent times it's easy to find something to match any theory and once you start adjusting...

actually quite possibly . That's a linear scale . If you graphed it on an exponential scale it looks like it would be close to a straight line , and that is the real comparison ... Cliff

What everyone is forgetting is that the government WANT increase house prices. Increase price, increase wealth , increased confidence , increased building , increased spending , leads to INCREASED TAX , hence less need for nasty spending decreases and everyone will think the government is...

Sorry , I was a bit slow ... Something to do with having a long weekend every second week .... Brain must have been in slow motion. Cliff

I'm puzzled by the view that as sydney had had one year of 15 % growth it's headed for a fall . As with you Datto , I've seen markets double in a year . We were renting a friends house which they had just paid 95 k for . About half way though the year some one bought the nice house next door for...