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Search: Posts Made By: Deancm_MKII
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Forum: Australia
Jan 25th 2011, 5:58 am
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

When you can buy one without a mortgage.
Forum: Australia
Jan 25th 2011, 5:56 am
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

A crash is good for some, bad for others.

The global financial crisis was fantastic...

...for Goldman Sachs. :blink:
Forum: Australia
Jan 25th 2011, 5:48 am
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

And that's why compulsory super is a bad thing.
Forum: Australia
Jan 24th 2011, 10:42 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

I didn't say you could.
Forum: Australia
Jan 24th 2011, 10:25 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

Yes it was that time. What we are experienceing now is not pre-crash levels. Bear in mind though that the average level of unemployment in Australia has always hovered around 8%. It is only recent...
Forum: Australia
Jan 24th 2011, 10:15 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

The housing market in Australia last crashed in the late eighties and wasn't accompanied by economic meltdows, thousands of companies going to the wall or millions unemployed.

The market is...
Forum: Australia
Jan 24th 2011, 8:46 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

We will see a property crash and it will wipe 30% off the current value of housing as the market is currently 30% over-inflated. It will always correct itself. When? I haven't got a clue but things...
Forum: Australia
Jan 24th 2011, 12:11 am
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

Bad time to buy? That's an understatement. ;)
Forum: Australia
Jan 24th 2011, 12:09 am
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

Yes, stocks is a pretty broad term but you know what I mean.
Forum: Australia
Jan 23rd 2011, 10:40 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

Renting and put the difference of what would go to a mortgage into stocks. Far better than leaving it in the bank.
Forum: Australia
Jan 23rd 2011, 9:48 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

That is true however it hasn't stopped lenders giving 100% mortgages.
Forum: Australia
Jan 23rd 2011, 9:26 pm
Replies: 1,008
Views: 103,509
Posted By Deancm_MKII

Re: The Great Australian Property Swindle

Isn't that what caused the global financial crisis? Toxic mortgage ponzi schemes...
Showing results 1 to 12 of 12


 
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