View Poll Results: housing prices down how much?
15%
9
20.00%
30%
14
31.11%
50%
5
11.11%
Not gonna happen
17
37.78%
Voters: 45. You may not vote on this poll
how much haircut?
#1
Forum Regular
Thread Starter
Joined: May 2008
Posts: 111
how much haircut?
as soon as this commodities boom reverts back to normal and unemployment doubles, how much of a haircut do you think housing prices will get? on average. I understand mining regions might get hit harder (maybe 50%) but on average australia how much?
the more votes, the more accurate will be. go ahead
the more votes, the more accurate will be. go ahead
Last edited by lastere; Jul 5th 2008 at 3:46 pm.
#2
Forum Regular
Joined: Sep 2007
Posts: 125
Re: how much haircut?
A professor from QLD university said 40% at least.. prices has risen greater than America's in a shorter period of time, so makes sense if prices drop more, upto 60%
#3
Forum Regular
Joined: Dec 2006
Posts: 166
Re: how much haircut?
When is this going to happen, six months, year, two ?
#4
Forum Regular
Joined: Sep 2007
Posts: 125
Re: how much haircut?
Already started too happen, will take another year at least, up to 4 years.
#5
Forum Regular
Thread Starter
Joined: May 2008
Posts: 111
Re: how much haircut?
what is the annual local tax in Aus?
what is the insurance cost to get a mortgage?
are there other costs related to home ownership? these will all effect how willing the sellers are to take the haircut.
#6
Re: how much haircut?
Who knows what's going to happen.
Too many variables.
Why bother even trying to guess.
It is what it is or will be.
Yawn.
Too many variables.
Why bother even trying to guess.
It is what it is or will be.
Yawn.
#7
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: how much haircut?
I pay 20bucks a month to my local hairdresser. It will probably go up a couple of dollars with inflation.
I like the home environment, near home, no queues. Nice chat.
I like the home environment, near home, no queues. Nice chat.
#8
Re: how much haircut?
I pay $14 to get my son a number 2 all over. Couldn't get to grips with the trimmers myself.
#9
Re: how much haircut?
$15, in the city for me. Great place, great guys. Always have a chat about sport, politics etc.
#10
Re: how much haircut?
$120 for a cut and colour, one of the things that is a lot cheaper than the uk
#11
Re: how much haircut?
as soon as this commodities boom reverts back to normal and unemployment doubles, how much of a haircut do you think housing prices will get? on average. I understand mining regions might get hit harder (maybe 50%) but on average australia how much?
the more votes, the more accurate will be. go ahead
the more votes, the more accurate will be. go ahead
I would say Australia is lagging about 18 months until it fully impacts
should wipe about 30%
#12
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
#14
Re: how much haircut?
I'm sure if anyone could answer that they wouldn't be posting here, they would be busy rolling in cash.
as soon as this commodities boom reverts back to normal and unemployment doubles, how much of a haircut do you think housing prices will get? on average. I understand mining regions might get hit harder (maybe 50%) but on average australia how much?
the more votes, the more accurate will be. go ahead
the more votes, the more accurate will be. go ahead