706 posts.

Puff, puff, puff.

I did make a post in the earlier stages. It was a bit flippant and I was concerned I'd artificially devalued the situation.

Have to say, I'm pleased it made a full recovery and seemed to suffer no ill effects.

I won't be making that mistake again.

go on, get in there and make a genuine attempt at derailing it.

Its too hardcore for me, I'm scared.

no its not, its just people like me pretending that they know what they are talking about !

770 posts.

Bubble has been slowing recently but seems to be inflating at a quicker rate today.

Big burst coming?

Ozy houses are unaffordable - fullstop. Lot's need renovating and have very little character!

800 posts.

Pop goes the Weasel?

I think the real problem with trying to ascertain if there is indeed a House Prices in Australia Thread bubble, is that we're just working on anecdotal evidence.

No one has produced any real data one way or the other, for example, perhaps its not a bubble, perhaps its just the natural development of a thread, similar to any other thread on BE.

Whilst waiting for my real estate agent to email me a copy of the contract for our house sale (yay!!!), I looked at the posting pattern on the thread.

This is what I came up with:

Feb 3rd: 19 posts made; Feb 4th: 26; Feb 5th: 16; Feb 6th: 37;
Feb 7th: 12; Feb 8th: 25; Feb 9th: 114; Feb 10th: 46;
Feb 11th: 22; Feb 12th: 22; Feb 13th: 15 ; Feb 14th: 14;
Feb 15th: 59; Feb 16th: 1 ; Feb 17th: 6 ; Feb 18th: 36;
Feb 19th: 26; Feb 20th: 4; Feb 21st: 15; Feb 22nd: 36;
Feb 23rd: 20; Feb 24th: 19 ; Feb 25th: 18; Feb 26th: 13;
Feb 27th: 5; Mar 1st: 17; Mar 2nd: 23; Mar 3rd: 38;
Mar 4th: 6; Mar 5th: 14 (excluding deleted posts);
Mar 6th: 19 ; Mar 7th: 1; Mar 8th: 11 ; Mar 9th: 16;
Mar 10th: 32 (counted until I lost the will to live)

I think what these figures clearly show is that:

i) When an agent says he'll have a document to you in 10 minutes, he's clearly lying;
ii) I have no real ability to produce a series of numbers in any meaningful form, eg a pie chart or a graph, which might actually demonstrate some point that I may or may not have been making;
iii) I obviously need a new life, as the one I'm currently using is faulty;
iv) Did I mention my estate agent was emailing me a contract to sign for the sale of our house?

I did think about a further breakdown into numbers of posts made by particalar posters, but thanks be to all that is good, I got that little sign come up to tell me I had mail.

Sorry to play devil's advocate but I think you've sold at the bottom of the market for Australian Real Estate Prices threads.

"When everyone is greedy be fearful, the chocolate is coming out next."

All You Can Eat Buffet - Mediterranean Cruise 2003

Another house price thread bubble is developing. The previous one almost got to a 1000 but then, thankfully, plateaued (kind of going against the BE house price predictions). This new one is at over 200 posts already and growing fast.

Will it burst? Not yet IMO - all the resident BE property price 'experts' have not finished spouting yet. It's still got a way to go.

Yup, I was surprised to see people piling into this latest thread bubble with reckless abandon - surely they must realise the longer this goes on the the bigger the thread bubble gets!

Its the cognitive dissonance.