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So if a wife works, a husband works then they are meant to buy a house that reflects 40% of just one persons income and anything more is overstretching? e.g. 60% of one or 30% each is too much?? This might be the case with very low income families but cannot be argued as a general position as...

I have no issue with people wanting all of that. The only issue I do have is when they whine they dont have those very things they seek all the while they are sitting back on the couch watching daytime TV...

I think you hit the nail on the head. Price go up, down and sideways you have mastered a concept that confuses many on this forum. Instead of posts about how to mitigate risk or profit from the possible downturn or even share in actual recent experiences we are left with a debate that...

Your not the only one who thinks the Australian property market is a bubble about to crash, there have been people saying its been in a bubble for the last 10 years straight so dont feel bad your not a lone. Regarding Silver I strongly suggest you dont play with fire, or else you will cop a...

I’m left scratching my head... a crash is a crash I cannot say it simpler. I agree that commodities are more volatile than property as are shares (this is totally irrelevant to this discussion) as price drop of 30% is a crash by "definition" regardless of the volatility of the market. The...

InnerWestie I can understand were you are coming from but I am afraid you are still wrong, let me explain. You mention "The silver 'crash' is relative, whether it is a crash is entirely dependent on your entry point. On the whole though I would agree that silver has not 'crashed' relative to...

Sorry but this is beyond absurd! I will quit investing if I am wrong in saying that a 30% drop within a week under any circumstance, for any asset in any given period is not defined as a crash. I am really flabbergasted that you can take the position that a 30% crash in the price of silver is...

I am not going to revisit this issue and instead let everyone else decide whether your view that a 30% crash in silver is NOT a crash and what that says about your stance and ability to admit wrongs. However please refrain from calling me a troll. If my comments constitute being a troll then...

i quoted you... so no i didnt put words in your mouth (quoted you twice because the thick need reminding) i stated a fact.. 30% drop in silver... I have NEVER said i beleive prices will boom in property or made any statement that comes close to justifying a "pathetic permabull" title so...

wow! "I expect the interest in Silver to remain strong over 2011" are you SERIOUS!!! there was a crash of 30%+ in just a week!?!?!?!?!!?!?!!?! in 2011?!!!?!?!?!?!? so nooooooooooooooooooooooooooooooooo prices didnt remain strong over 2011! the price of silver has nothing to do with...

Your prediction was made in January 2011 and it was for 2011 i.e. the rest of the year. For you to say you were correct "at the time" is simply absurd. Then you pull out stock prices???? What has that got to do with anything we are talking about? its like me pulling out some property related...

re-shove this comment in your mouth; I expect the interest in Silver to remain strong over 2011, likely pushing the price to new 30 year records. I think there is a real opportunity in Silver stocks which are still reasonably priced given the rise we’ve seen in the Silver spot price. your...

It’s not of interest to me to discuss commodities... you posted something to the effect that nobody posts about their mistakes pointing out big property losses in cairns etc so I related this back to something closer to home i.e. your views on silver. I am not going to post in coffee lounge...

I was going to say the same thing but whenever someone tries to find the silver lining in a 30% drop within 1 week! I knew there was little point in continuing the argument particularly given the post was to do with people admitting their mistakes which wasnt going to happen.

Sometimes it comes down to sentiment. Nobody really feels like sharing or sitting down and re-living BIG mistakes or losses especially if they went broke.. so its not unexpected. You correctly mention some of the coastal suburbs in QLD crashing and few talking about it, i dont blame them its...

The dictionary definition is fine with me; that can be afforded; believed to be within one's financial means I can only assume your question has more to do with the use of the word "affordability" in the phrase "affordability crisis" as it applies to property in Australia. Therefore I...