"Migrant expats priced out of property market"
Oct 29th 2009, 1:13 am
#61
Lost in BE Cyberspace
Joined: Dec 2008
Posts: 6,039
Re: "Migrant expats priced out of property market"
I was talking to a girl a few weeks ago. She's 22, got no regular income, wants to be a successful singer songwriter, but can't sing and is procrastinating about taking singing lessons. She said she wants to buy her first house soon, and it MUST have four bedrooms, a disco room, a pool, a tennis court, and a roller derby rink! Nothing less will do. It'll need to be near her parents house as she can't cook and doesn't know how to use a washing machine.....
I think they need to start teaching a new subject in schools: "Reality 101"
I think they need to start teaching a new subject in schools: "Reality 101"
Doesn't need school for that - life will teach her soon enough
Oct 29th 2009, 1:55 am
#62
Account Closed
Joined: Apr 2007
Posts: 495
Re: "Migrant expats priced out of property market"
I was talking to a girl a few weeks ago. She's 22, got no regular income, wants to be a successful singer songwriter, but can't sing and is procrastinating about taking singing lessons. She said she wants to buy her first house soon, and it MUST have four bedrooms, a disco room, a pool, a tennis court, and a roller derby rink! Nothing less will do. It'll need to be near her parents house as she can't cook and doesn't know how to use a washing machine.....
I think they need to start teaching a new subject in schools: "Reality 101"
I think they need to start teaching a new subject in schools: "Reality 101"
she may be an airhead but krudd recently gave billions to banks so they could continue lending to these types,at the expense of services,health etc.
Oct 29th 2009, 3:35 am
#64
(It's not my real name)
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
.if you would take the pleasure to do it ABC
Oct 29th 2009, 4:28 am
#67
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Oct 29th 2009, 4:40 am
#68
Lost in BE Cyberspace
Joined: Feb 2005
Posts: 15,526
Re: "Migrant expats priced out of property market"
Here you go. Go to keep both sides up so people can try and work out whats going on.
http://www.news.com.au/story/0,27574...-29277,00.html
Not sure whether that is the same thing as occurred in the UK or not, which is another reason why I went looking.
Oct 29th 2009, 5:02 am
#69
Guest
Posts: n/a
Re: "Migrant expats priced out of property market"
This was 11th October 2009, and they did specify that it was for 'High Quality residential mortgage-backed securities", are these the airheads that you said it was for ?
"The Government will direct the Australian Office of Financial Management to provide up to a further $8 billion of support to new issuances of high-quality RMBS, depending on market conditions," Mr Swan said today
I wonder if this attempt will do better.
Just looking at it ... is this the same one that was here, or an extension:
22 July 2009
On 14 July 2009, the Australian Office of Financial Management (AOFM) announced that it had selected two further proposed issues of Australian residential mortgage-backed securities (RMBS) in which it would invest, as part of its mandate from the Federal Government to invest in up to A$8 billion in such securities.
On 14 July 2009, the Australian Office of Financial Management (AOFM) announced that it had selected two further proposed issues of Australian residential mortgage-backed securities (RMBS) in which it would invest, as part of its mandate from the Federal Government to invest in up to A$8 billion in such securities.
Oct 29th 2009, 7:30 am
#70
Account Closed
Joined: Apr 2007
Posts: 495
Re: "Migrant expats priced out of property market"
This was 11th October 2009, and they did specify that it was for 'High Quality residential mortgage-backed securities", are these the airheads that you said it was for ?
if the banks are so robust,why do they need government help,when services are being cut
I was wondering if this was anything to do with the Rudd Bank... but that was only $4 billion, and it died out anyway.
I wonder if this attempt will do better.
Just looking at it ... is this the same one that was here, or an extension:
It could mean a total of $16 Billion .
if the banks are so robust,why do they need government help,when services are being cut
I was wondering if this was anything to do with the Rudd Bank... but that was only $4 billion, and it died out anyway.
I wonder if this attempt will do better.
Just looking at it ... is this the same one that was here, or an extension:
It could mean a total of $16 Billion .
Oct 29th 2009, 7:40 am
#72
Account Closed
Joined: Apr 2007
Posts: 495
Re: "Migrant expats priced out of property market"
Here you go. Go to keep both sides up so people can try and work out whats going on.
http://www.news.com.au/story/0,27574...-29277,00.html
Not sure whether that is the same thing as occurred in the UK or not, which is another reason why I went looking.
http://www.news.com.au/story/0,27574...-29277,00.html
Not sure whether that is the same thing as occurred in the UK or not, which is another reason why I went looking.
far more deserving causes to spend 8 billion on
Oct 29th 2009, 7:52 am
#73
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: "Migrant expats priced out of property market"
Here is an article from 13th October - 2 days after the article quoted earlier:
http://www.theaustralian.news.com.au...-36418,00.html
This was reported on national TV and radio news (including on PM on ABC radio - I listened to it) and in the press. I fail to see how it was buried.
Oct 29th 2009, 8:16 am
#74
Account Closed
Joined: Apr 2007
Posts: 495
Re: "Migrant expats priced out of property market"
Thanks for the sarcastic reply to my reasonable post.
Here is an article from 13th October - 2 days after the article quoted earlier:
http://www.theaustralian.news.com.au...-36418,00.html
This was reported on national TV and radio news (including on PM on ABC radio - I listened to it) and in the press. I fail to see how it was buried.
Here is an article from 13th October - 2 days after the article quoted earlier:
http://www.theaustralian.news.com.au...-36418,00.html
This was reported on national TV and radio news (including on PM on ABC radio - I listened to it) and in the press. I fail to see how it was buried.
Oct 29th 2009, 11:28 am
#75
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246