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Search: Posts Made By: isgraham
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Forum: Australia
Apr 16th 2011, 7:41 am
Replies: 1,008
Views: 103,449
Posted By isgraham

Re: The Great Australian Property Swindle

Sorry but housing did need a boost mainly as it is a very large asset held by banks in Australia, in order to make Aussie banks look credit worthy the government put money into buying them via the...
Forum: Australia
Apr 16th 2011, 6:01 am
Replies: 1,008
Views: 103,449
Posted By isgraham

Re: The Great Australian Property Swindle

It started to fall 2 years ago but the government decided to underwrite the banks by propping up an asset class that they are over exposed to. I.e. Housing. The first home vendors grant was a...
Forum: Australia
Apr 6th 2011, 12:32 pm
Replies: 1,008
Views: 103,449
Posted By isgraham

Re: The Great Australian Property Swindle

Its been a roaring success hasn't it?
Forum: Australia
Mar 30th 2011, 11:07 pm
Replies: 1,008
Views: 103,449
Posted By isgraham

Re: The Great Australian Property Swindle

Does inflation feel low to you? It certainly didn't feel low to me 6 months ago in Sydney in fact it felt bloody high, except of course for salary inflation that was low and that was with a strong...
Forum: Australia
Mar 9th 2011, 5:55 am
Replies: 1,008
Views: 103,449
Posted By isgraham

Re: The Great Australian Property Swindle

Sorry that only applies to a limited number of states in the US. I noticed that line being trotted out a lot in Australia another typical scare tactic.
Forum: Australia
Jan 24th 2011, 5:42 pm
Replies: 1,008
Views: 103,449
Posted By isgraham

Re: The Great Australian Property Swindle

I don't think there will be a 50 or 60% drop I think you will see stagnant house prices coupled with high inflation of both goods and wages. This will have a similar effect as it is the salary to...
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