Yea righto. Funny article

[investor2009]

So, what do you make of this..
It was an ad at top of my google account this morning.
Please note I've replaced the name of this free newsletter with the - symbol because I certainly don't want to be promoting it.

Revealed: The truth about Aussie house prices - and how the property industry's covered it up


Enter your email address to receive your free report - and - every weekday


Email: Get My Free Report

Dear reader,

In this must-read report, Kris Sayce reveals:
Why the value of your home could fall 61% the minute interest rates start rising... (Beware: the Reserve Bank has 11 chances to hike rates each year!)...
The truth about the so-called 'housing shortage' underpinning Aussie property prices - and why it never existed...
How the government secretly raised the cost of your mortgage by 109.9%...
And the REAL reason why locking all your money into a pile of bricks is not the best way to achieve financial security...
If you're thinking of buying an investment property in Australia in the next 24 months - or even if you just own property - you need to read this report now.

It could be the only honest info you get on Aussie real estate this year.

Basically, there are two schools of thought when it comes to investing in Aussie property.

On one side, you've got a very vocal group of property spruikers - they believe things are pretty much okay and house prices are supported by population growth, low interest rates and a chronic housing shortage.

On the other is a smaller group of housing sceptics - they think Aussie property is in a bubble that's been fuelled by easy credit and stimulus (low interest rates and first-home buyers' incentives) - and as the stimulus gets wound back the bubble will burst, sending property prices tumbling.

So which group should you trust?


To find out right now, simply enter your email address in the space provided and click 'Get My Free Report'.

Claim your free copy of this exclusive briefing and we'll also send you -, a free daily email that provides you with the investment news that matters to you. - offers a unique perspective on the day's financial news, highlighting ideas and opportunities that often slip past the mainstream press.

- is completely free and guaranteed to make you a better, smarter investor in just five minutes a day.


Free contrarian analysis of the market news that matters to you in just five minutes a day...

When you sign up to receive - you'll be able to download the report above, plus you'll get daily commentary on the latest financial news that affects you (free of charge) in the - email every weekday morning.

To receive all this, right now, enter your email address below.

 

[jaycee]

They didn't ask you to enter your email address to get the content enough times in the advert

 

[Ausprop]

some of his commentary is very good but he is a bit too anti-property IMO

 

[Aaron Sice]

i like how there's a direct proportionate relationship between entering your email for a free report and the number of times you get told about cheap viagra.

 

[HandyAndy888]

Ads like this should just read:

"Hey suckers! I'm playing on your fears! Boohoooooo(ghost noise)!!! Enter your email so I can make money off your a@#e by on-selling your info. Wheepee for me! PS. Suckers!!!"

I bet their hit rate would almost be the same.

 

[ianvestor]

Enter your email address to receive your free report - and - every weekday

If anyone actually wants to know the company name, select the above quote, right-click and search in Google.

 

[nww]

http://www.moneymorning.com.au/

 

[jaycee]

Ads like this should just read:

"Hey suckers! I'm playing on your fears! Boohoooooo(ghost noise)!!! Enter your email so I can make money off your a@#e by on-selling your info. Wheepee for me! PS. Suckers!!!"

I bet their hit rate would almost be the same.

It could be the only honest info you get on Aussie real estate this year.


Man, you guys are too tough.... look at what it promises and tyou're still not convinced

 

[Ausprop]

A mate saw it and emailed me this. Lets call him.... "Barry"

-----------------------------------------------------------------------------
The house price correction nationwide will happen one of two ways:

1. in nominal fiat Aussie $ terms – everyone will freak out (ie: a bursting bubble…)
2. hidden behind inflated fiat Aussie $’s, but when expressed in terms of purchasing power (ie:gold) – no one will freak out, but those holding gold will do ok, while those not holding gold or some other hedge against inflation will slowly and stealthily lose real purchasing power, ( a just audible hiss as air is let out of the bubble slowly…) just like what has been happening over the past 50 years since the RBA was set up in 1958… why is it that it takes both mum and dad to work these days to pay a mortgage, when in our parents day, this was not the case?

--------------------------------------------------------------------------------

his last line is quite damning. If it wasn't bad enough that Dad was enslavened to Wall St banks, now both Mum and Dad are being sent down the coal mine. Want to know where the money went? Here's some hints - that new atari set in 1986, that cordless VHS mahcine you bought in 1988, that Nissan Reebok Pulsar you thought looked so cool in 1990 (?), the Levi 501s in '92 that set you back 1/3 of a weeks wages, that bottle of radioactive beer from some impoverished nation that cost $10. We borrow from foreigners to buy their over priced junk and try to literally dig our way out of the situation to pay them back. thankfully that dirt is worth more than ever but talk about the lucky country....

 

[jaycee]

We borrow from foreigners to buy their over priced junk and try to literally dig our way out of the situation to pay them back. thankfully that dirt is worth more than ever but talk about the lucky country....

why is everyone so nasty to pother people

Foreign countries make JUNK now and they purposely rip us off by overcharging us for it... Did the article tell which countires I should be particularly wary of ?

I assume the author thinks Austrlians shold export our stuff though ? Surely that's couldn't be overpriced junk to others

 

[Ausprop]

true. they are good at the time... we just need to make our own junk. be it junk or not, we have mortgaged the future in exchange for consumables long gone

 

[jaycee]

true. they are good at the time... we just need to make our own junk. be it junk or not, we have mortgaged the future in exchange for consumables long gone

But what's not what the author said in those words so that people would summise that is it ?

Why would that be ?

We shuodl be making our own junk.... but we got rid of the bullk of that middle industry a while ago didn't we ?

 

[Ausprop]

On the other is a smaller group of housing sceptics - they think Aussie property is in a bubble that's been fuelled by easy credit and stimulus (low interest rates and first-home buyers' incentives) - and as the stimulus gets wound back the bubble will burst, sending property prices tumbling.

i am attempting to explain where all this money has gone - so much credit that it now requires twice as many people to service it. Am all ears for other explanations.... for example, perhaps it has just gone into paying for service providers that never use to exist, latte makers on lygon st for example?? With everyone workign a full week plus some to service the mortgage there is no where further to go (and I will vomit if intergenerational loans are brought up here... serviving is not reduced by being an eternal loan)

 

[MrCrumbpacker]

Sayce is outspoken, currently down on Aussie property, can be amusing, a bit of an iconoclast.

He can be very irritating, though I expect he enjoys it.

He has on the other hand made a couple of people I know rather a lot of money with his stock tips , which has got me a bit jealous if I'm honest, a bit like the gold thing, I feel I've missed the best of it, but will probably see it onwards and upwards from here. Oh well.