Go Back   British Expats / Living & Moving Abroad / Australia

Closed Thread
 
Thread Tools
Old Feb 6th 2010, 6:48 am   #91
IndieG 
BE Forum Addict
 
IndieG's Avatar
 
Joined: Apr 2005
Location: Melbourne
Posts: 4,551
IndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond repute
Default Re: Housing bubble in Australia

Quote:
Originally Posted by Geelong Gent View Post
there are alot of these properties paid for in cash.
Do you mean bought outright without a mortgage? Are there any published stats? Ta...
__________________
--------------------------------------------------------------------------------------------
Never argue with idiots. They drag you down to their level and then beat you with experience.
IndieG is offline  
Old Feb 6th 2010, 6:52 am   #92
Has left the building
 
Geelong Gent's Avatar
 
Joined: Mar 2007
Posts: 4,079
Geelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond repute
Default Re: Housing bubble in Australia

Quote:
Originally Posted by IndieG View Post
Do you mean bought outright without a mortgage?

Are there any published stats? Ta...
I did say with cash

published? no based on personal observations and intentions
__________________
BE Welcomes people from all nationalities
We all need help on migration travel - some more than others
Geelong Gent is offline  
Old Feb 6th 2010, 7:00 am   #93
Account Closed
 
Joined: Jun 2005
Posts: 9,316
MartinLuther is an unknown quantity at this point
Default Re: Housing bubble in Australia

Quote:
Originally Posted by ABCDiamond View Post
There are no stats involved in a specific question to confirm if I still agree with something that you can't say what it actually was... Hence the inability to say with absolute certainty if my opinion on some unknown specific has changed or not.

It was interesting to see that your reply was basically copying my reply to you earlier, and then saying

You do realise that I had asked you to quote what I said, followed by you copying that and asking me to quote what I said you said, before you talked about me using your replies in reply to you...
Hello Sir Humphrey
MartinLuther is offline  
Old Feb 6th 2010, 7:09 am   #94
IndieG 
BE Forum Addict
 
IndieG's Avatar
 
Joined: Apr 2005
Location: Melbourne
Posts: 4,551
IndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond reputeIndieG has a reputation beyond repute
Default Re: Housing bubble in Australia

Quote:
Originally Posted by Geelong Gent View Post
I did say with cash

published? no based on personal observations and intentions
The reason I ask is because I've seen "cash" investors in Dubai who were in reality simply speculators who only paid the booking/initial deposit in cash.

Not surprising then that they burnt their arms badly when it all went belly up!
__________________
--------------------------------------------------------------------------------------------
Never argue with idiots. They drag you down to their level and then beat you with experience.
IndieG is offline  
Old Feb 6th 2010, 8:43 am   #95
Has left the building
 
Geelong Gent's Avatar
 
Joined: Mar 2007
Posts: 4,079
Geelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond reputeGeelong Gent has a reputation beyond repute
Default Re: Housing bubble in Australia

Quote:
Originally Posted by IndieG View Post
The reason I ask is because I've seen "cash" investors in Dubai who were in reality simply speculators who only paid the booking/initial deposit in cash.

Not surprising then that they burnt their arms badly when it all went belly up!
my reference is to family homes not dockland apartments.
__________________
BE Welcomes people from all nationalities
We all need help on migration travel - some more than others
Geelong Gent is offline  
Old Feb 6th 2010, 8:46 am   #96
ABCDiamond
Guest
 
Posts: n/a
Default Re: Housing bubble in Australia

Quote:
Originally Posted by MartinLuther View Post
Hello Sir Humphrey
I felt a bit like that as I was typing
 
Old Feb 6th 2010, 8:49 am   #97
ABCDiamond
Guest
 
Posts: n/a
Default Re: Housing bubble in Australia

Quote:
Originally Posted by IndieG View Post
Do you mean bought outright without a mortgage? Are there any published stats? Ta...
NSW Residential properties
48% Mortgaged
52% Fully owned

QLD Residential properties
52% Mortgaged
48% Fully owned


But those are current totals.

I am sure there are figures for numbers of monthly mortgages, and monthly property sales somewhere.
 
Old Feb 6th 2010, 9:11 am   #98
BE Enthusiast
 
Joined: Nov 2009
Location: Dullsville
Posts: 672
pomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond repute
Default Re: Housing bubble in Australia

Quote:
Originally Posted by ABCDiamond View Post
But how much did it rise in the weeks before that ?


But what if it doesn't ?
The US/Aussie stock market has rallied 60% (approx) from it's lows, the bounce is now over and we'll resume the downward trend in the coming months. This is what happened in 1929, The Wall Street Crash, market recovered 57% and then ............ dumped. We are entering a prolonged world depression unfortunately, as much as I hate the thought of this occuring, it's happenening and now unavoidable.
pomtastic is offline  
Old Feb 7th 2010, 7:15 am   #99
BE Enthusiast
 
Joined: May 2007
Location: Sydney
Posts: 564
swigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to all
Default Re: Housing bubble in Australia

Quote:
Originally Posted by pomtastic View Post
The US/Aussie stock market has rallied 60% (approx) from it's lows, the bounce is now over and we'll resume the downward trend in the coming months. This is what happened in 1929, The Wall Street Crash, market recovered 57% and then ............ dumped. We are entering a prolonged world depression unfortunately, as much as I hate the thought of this occuring, it's happenening and now unavoidable.
Except in Australia
swigski is offline  
Old Feb 7th 2010, 7:18 am   #100
BE Enthusiast
 
Joined: May 2007
Location: Sydney
Posts: 564
swigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to all
Default Re: Housing bubble in Australia

Quote:
Originally Posted by ABCDiamond View Post
I felt a bit like that as I was typing
It's apparent that without stats you don't make much sense
swigski is offline  
Old Feb 7th 2010, 7:19 am   #101
BE Enthusiast
 
Joined: May 2007
Location: Sydney
Posts: 564
swigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to all
Default Re: Housing bubble in Australia

Quote:
Originally Posted by ABCDiamond View Post
NSW Residential properties
48% Mortgaged
52% Fully owned

QLD Residential properties
52% Mortgaged
48% Fully owned


But those are current totals.

I am sure there are figures for numbers of monthly mortgages, and monthly property sales somewhere.
And I'm sure you will find them
swigski is offline  
Old Feb 7th 2010, 7:43 am   #102
ABCDiamond
Guest
 
Posts: n/a
Default Re: Housing bubble in Australia

Quote:
Originally Posted by swigski View Post
It's apparent that without stats you don't make much sense
You don't read many of my posts do you
 
Old Feb 7th 2010, 8:14 am   #103
BE Enthusiast
 
Joined: May 2007
Location: Sydney
Posts: 564
swigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to allswigski is a name known to all
Default Re: Housing bubble in Australia

Quote:
Originally Posted by ABCDiamond View Post
You don't read many of my posts do you
Yes, I do!

99% of them contain purely statistics which DO make sense with not much personal comment from yourself.

Without stats....... it's plain for all to see!

Last edited by swigski; Feb 7th 2010 at 8:16 am. Reason: l
swigski is offline  
Old Feb 7th 2010, 8:23 am   #104
ABCDiamond
Guest
 
Posts: n/a
Default Re: Housing bubble in Australia

Quote:
Originally Posted by swigski View Post
Yes, I do!

99% of them contain purely statistics which DO make sense with not much personal comment from yourself.

Without stats....... it's plain for all to see!
In that case, I repeat "You don't read many of my posts do you"
 
Old Feb 7th 2010, 9:01 am   #105
BE Enthusiast
 
Joined: Nov 2009
Location: Dullsville
Posts: 672
pomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond reputepomtastic has a reputation beyond repute
Default Re: Housing bubble in Australia

Quote:
Originally Posted by ABCDiamond View Post
NSW Residential properties
48% Mortgaged
52% Fully owned

QLD Residential properties
52% Mortgaged
48% Fully owned


But those are current totals.

I am sure there are figures for numbers of monthly mortgages, and monthly property sales somewhere.
Here's some mortgage stats.... 'Mortgage Stress in Australia'

http://www.marketoracle.co.uk/Article16958.html
Attached Thumbnails
Housing bubble in Australia-housing2-4.png  

Last edited by pomtastic; Feb 7th 2010 at 9:26 am.
pomtastic is offline  
Closed Thread

Go Back   British Expats / Living & Moving Abroad / Australia


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT. The time now is 11:45 pm.


Powered by vBulletin: ©2000 - 2017, Jelsoft Enterprises Ltd.
© 1999-2010 BritishExpats.com