Mochinbach

questions /thoughts

1 - Courier Mail -- why MACBETH?..... Surely Hamlet would have been a much better choice for a "bloody" reference?
2. love the (now seemingly normal) assumption that all ecconomies are the same as the US and so should therefore be compared to it.
3.

bcworld

Number 3 lost all credibility at this point:

To put housing prices into some perspective, the average Sydney house sells for around A$600,000. The average Australian wage is around A$65,000. As far as affordability goes, it's about as bad as it gets

Why not compare Sydney prices to Sydney wages....or Australian prices to Australian wages? I stopped reading at that bit...and I'm a believer in the bubble.

fish.01

And why should the average salary be compared to average house price implying that if you earn the average salary and have no equity you still should be able to afford the average house?

bcworld

That's a bit different though, historically that's just provided a ratio that allows markets & periods in time to be compared...it definitely tells us something.

Steve2009

I don't think that is the implication of that statistic, nor should it be. I think it's useful as a time series though.

Amazulu

Sliders was a good time series, as was The Time Tunnel. Dr Who is another series that features time travel.

Rambi

I've never met anyone who thinks this. So I would guess there's a big disconnect between what seems and what is.

Rambi

And I wonder how much it costs Dr Who to remodel the Tardis?

If you were the tradie you'd be wise to check the inside dimensions before giving a quote.

Amazulu

And the Doctor is lucky he does not live in Australia - just getting a tradie to give a quote is nearly impossible.

jimbo_d

That fool article is quoting Steve Keen, the man who has been so wrong for so long, didn't he have to do a forfeight as his 40% drop prediction didn't come true?

moneypenny20

Oh for gods sake people, are you so bored that you'll actually start having a discussion about it? I'm disappointed in you all, you've let me down.

Margaret3

awwwee dont be MP, its us renters favourite threads

Rambi

So which one of Steve's suggestions are you spending your disposable on?

Steve2009

Does it matter? Isn't it her decision what she spends her money on? Who's to say any particular use is worse than lining bankers pockets?

Robbie37Michelle32

Banks on $40 dollars lunches, what do they eat Burger King lol more like $140

I like this thread too its fun,I have looked into my crystal ball and have seen the future its bright and its orange LOL, i see the whole property market popping like we thought the UK would never go pop and ME coming over and buying the GOLDCOAST and charging massive amounts of rent haha if only and my next vision the lotto numbers