Before I found Somersoft I was trying my best to learn on Whirlpool, where you have a mix of knowledgeable investors as well as some real pessimists.
You're probably even familiar of one of the threads I'm thinking of:
http://forums.whirlpool.net.au/forum-replies.cfm?t=2312172
Being blindly optimistic isn't necessarily a good thing either, and many of us will no doubt make our fair share of mistakes throughout our careers, but jesus christ some of these people are so negative I can't see how they could ever achieve anything. It was so frustrating I was glad to find this place. I mean don't get me wrong - I don't want Somersoft to be an echo chamber of positivity, but it's a breath of fresh air to be able to have real discussions without constantly being bombarded with sarcastic, highly bitter remarks about how the world is about to end.
I was about to make a joke thread on Whirlpool entitled: "Brisbane real estate prices are depressing", just to pre-emptively poke fun at people who have the benefit of seeing the Sydney tailwinds but aren't taking advantage of it, but...a thread with that title already existed. Yeah, seriously.
I don't know what point I'm trying to make, I guess just seeing how cheap Brisbane is compared to Sydney and STILL seeing people complain just makes me want to shake my head (and these people of course will struggle to buy a few years from now and blame it on immigrants etc).
EDIT: LOL case in point, the very first post in that thread is this gem:
"Reminder that you must be on about $300k/pa to afford an average dump in Sydney, according to world accepted metrics.
The coming depression sure will be fun!"
You're probably even familiar of one of the threads I'm thinking of:
http://forums.whirlpool.net.au/forum-replies.cfm?t=2312172
Being blindly optimistic isn't necessarily a good thing either, and many of us will no doubt make our fair share of mistakes throughout our careers, but jesus christ some of these people are so negative I can't see how they could ever achieve anything. It was so frustrating I was glad to find this place. I mean don't get me wrong - I don't want Somersoft to be an echo chamber of positivity, but it's a breath of fresh air to be able to have real discussions without constantly being bombarded with sarcastic, highly bitter remarks about how the world is about to end.
I was about to make a joke thread on Whirlpool entitled: "Brisbane real estate prices are depressing", just to pre-emptively poke fun at people who have the benefit of seeing the Sydney tailwinds but aren't taking advantage of it, but...a thread with that title already existed. Yeah, seriously.
I don't know what point I'm trying to make, I guess just seeing how cheap Brisbane is compared to Sydney and STILL seeing people complain just makes me want to shake my head (and these people of course will struggle to buy a few years from now and blame it on immigrants etc).
EDIT: LOL case in point, the very first post in that thread is this gem:
"Reminder that you must be on about $300k/pa to afford an average dump in Sydney, according to world accepted metrics.
The coming depression sure will be fun!"
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