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Housing bubble in Australia

Housing bubble in Australia

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Old Feb 6th 2010, 6:48 am
  #91  
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Default Re: Housing bubble in Australia

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...
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Old Feb 6th 2010, 6:52 am
  #92  
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Default Re: Housing bubble in Australia

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
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Old Feb 6th 2010, 7:00 am
  #93  
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Default Re: Housing bubble in Australia

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
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Old Feb 6th 2010, 7:09 am
  #94  
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Default Re: Housing bubble in Australia

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!
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Old Feb 6th 2010, 8:43 am
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Default Re: Housing bubble in Australia

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.
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Old Feb 6th 2010, 8:46 am
  #96  
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Default Re: Housing bubble in Australia

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  
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Default Re: Housing bubble in Australia

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  
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Default Re: Housing bubble in Australia

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.
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Old Feb 7th 2010, 7:15 am
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Default Re: Housing bubble in Australia

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
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Old Feb 7th 2010, 7:18 am
  #100  
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Default Re: Housing bubble in Australia

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
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Old Feb 7th 2010, 7:19 am
  #101  
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Default Re: Housing bubble in Australia

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
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Old Feb 7th 2010, 7:43 am
  #102  
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Default Re: Housing bubble in Australia

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  
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Default Re: Housing bubble in Australia

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
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Old Feb 7th 2010, 8:23 am
  #104  
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Default Re: Housing bubble in Australia

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  
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Default Re: Housing bubble in Australia

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.
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