I would expect drops between 30% and 40% (for those 2 years).
Oh Geeze,
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I would expect drops between 30% and 40% (for those 2 years).
Since property markets tend to lag behind sharemarkets by about 18 months, I would expect drops between 30% and 40% (for those 2 years).
since Property Markets Tend To Lag Behind Sharemarkets By About 18 Months, I Would Expect Drops Between 30% And 40% (for Those 2 Years).
Since property markets tend to lag behind sharemarkets by about 18 months, I would expect drops between 30% and 40% (for those 2 years).
Since property markets tend to lag behind sharemarkets by about 18 months, I would expect drops between 30% and 40% (for those 2 years).
ASX dropped by 50% in 1987, when was the property crash after that?
10% drops in the middle to low end is possible depending on how bad the economy gets.....but 5% is more likely.
Given the uncertain world we live in,"Changing Prices"only adds one more element of uncertainty,just keep in mind Max that Brisbane is a very large area,and it is naive to conclude that everyone is harmed by what happened in the Sept-quarter,one area we invest in went up over 30% this year alone,and that's only with my basic method of analysis, but i know one item up front the amount of for sale signs that are going up in several area's i watch would be a worry to anyone wanting a quick saleWell Brisbane is down 3.3% for the September quarter.
http://www.abs.gov.au/AUSSTATS/[email protected]/Lookup/6416.0Main+Features1Sep 2008?OpenDocument
You'll be pleased to know then that I concluded no such thing!just keep in mind Max that Brisbane is a very large area,and it is naive to conclude that everyone is harmed by what happened in the Sept-quarter,one area we invest in ...
Good to see you understand another level of complexity in making your finanical decisions,btw i have been reading some of your posts Max on that other site,and until the calculations are made noone can be sure if inflation is helpfull or harmfull to a specific entity,no matter if it is a unit in a complex of 12 other units in Logan,or some run down fibro inner city riverside property on above 1000 sqm..imho willair..You'll be pleased to know then that I concluded no such thing!
and so the "worst" possible selection of -2% over 2 years... well, its already obsolete.
turn that 2 into a 20 and you would have my vote.
What is there is 8 options for prices rising, from slowly to 300% the rate of inflation. And only 2 options for prices falling a little bit.you need to read the question and see what is there...not what you want to see.
What is there is 8 options for prices rising, from slowly to 300% the rate of inflation. And only 2 options for prices falling a little bit.
Not a single option that goes anywhere near the current rate of decline, nor one that is within cooee of what my models are predicting (they're all far too high). Urchin's point was very good. The design of a poll should include a range of options reflecting the range of possible answers. This poll has failed to do so, as illustrated by the most popular option. The poll has been designed in such a way that we can conclude only that 40% of respondents expect prices to fall, and that the largest group of respondents expected falls to exceed 2%.
That's the really interesting bit, but would it not have been nice to know a bit more about this remarkable response?
Last time I checked two years is a long time from one quarter. Also if I was marking you I'd have to give an F as the question was for the next two years and posted on 31.10.08.
So the last quarter wouldn't be a valid component of the answer.
Like my son who is sitting his Year 12 exams, you need to read the question and see what is there...not what you want to see.
Cheers
Shane
Here's a fascinating chart from whocrashedtheeconomy.com: