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How far will houses fall in value to the trough in Oz?

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How far will houses fall in value to the trough in Oz?

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Old Aug 1st 2011 | 11:45 am
  #136  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by jimbo_d
Quotes from housepricecrash.co.uk should be taken with a pinch of salt.
I would argue that they shoulde be taken with a ****ing huge mountain of salt! Based on their registered domain name alone, it doesnt sound like they are going to be too impartial.

The same would apply to someone posting on a domain name like sydneypropertywillalwaysgoup.com.au or australianpropertyisaguaranteedthing.biz
 
Old Aug 1st 2011 | 4:07 pm
  #137  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by brendarover
Its a mess but getting messier, house prices are way over valued, the under 30 brigade are stuffed, the over 40 brigade are in denial, the 30 to 40 brigade are just "getting high"..................Wages ain't going up, so something has to cum on down...........the price will be right!
And things have never been any different. Speak to your grandparents, speak to your parents yadda yadda yadda..

Oh and please stop with the links to your forum, it's getting kind of boring.

Originally Posted by Bix
Blimey, we seem to be morphing
Has IB bought Housepricecrash forum or something?
I'm having a bad enough day as it is, please don't make it worse.
 
Old Aug 11th 2011 | 5:42 am
  #138  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by moneypenny20
And things have never been any different. Speak to your grandparents, speak to your parents yadda yadda yadda..

Oh and please stop with the links to your forum, it's getting kind of boring.



I'm having a bad enough day as it is, please don't make it worse.




How's that then for yeh sweet cheeks...............?

Australian house prices fall for sixth month in a row

http://www.homesgofast.com/view_news/2225/

http://www.propertywire.com/news/aus...108095436.html

The residential property market in Australia stood out like a safe beacon as those in the rest of the world slumped but now the real estate industry is suffering a slide.

Property prices in state capitals have fallen for the sixth straight month in a row amid warnings rising interest rates could accelerate the slide further and financial market volatility could also affect prices.

Nationally values fell 0.2% in June, according to the latest RP Data-Rismark Hedonic Home Value Index. This follows a fall of 0.3% in May, 0.4% in April and 0.5% in March.

House prices in Australia are considered to be too high, having risen sharply over recent decades amid easy credit conditions. Global investors are keeping a close eye on what many perceive is the Achilles heel of the economy.

‘We think the Reserve Bank of Australia is likely to raise rates at least once or twice more to address Australia's burgeoning inflation problem, which means dwelling values will probably soften a bit further. This should open up attractive investment opportunities,’ said Chris Joye, an economist at Rismark.

 
Old Aug 11th 2011 | 9:45 am
  #139  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by brendarover
We think the Reserve Bank of Australia is likely to raise rates at least once or twice more to address Australia's burgeoning inflation problem...

Total bollocks.
 
Old Aug 11th 2011 | 9:59 am
  #140  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by iamthecreaturefromuranus
Total bollocks.
It's fair to say that the writers of those articles don't have their fingers on the pulse.

Keeps brenda happy though.
 
Old Aug 11th 2011 | 10:01 am
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by Rambi
It's fair to say that the writers of those articles don't have their fingers on the pulse.
Just a bit !!
 
Old Aug 12th 2011 | 6:41 am
  #142  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by moggsa01
Still in uk so I can tell you the market is in a mess. All estate agents now say put it on slightly higher and let people knock at less 15% off. They will get offers around 260 -270.
What part of the UK because London seems to be doing well I.e. Prices still going up and fast sales.
 
Old Aug 12th 2011 | 3:58 pm
  #143  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by isgraham
What part of the UK because London seems to be doing well I.e. Prices still going up and fast sales.
Possibly not in Tottenham.
 
Old Aug 12th 2011 | 8:04 pm
  #144  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by moneypenny20
Possibly not in Tottenham.
Yes but that's only part of London and a crap one at that. Besides burning it down will probably add value.
 
Old Aug 12th 2011 | 8:56 pm
  #145  
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Default Re: How far will houses fall in value to the trough in Oz?

Reading the forums has given me a fresh insight into Ms Brenda's Modus Operandi.

Surely the question is:

'How far down my old fella would those false-nails fall.....?'
 
Old Aug 12th 2011 | 10:36 pm
  #146  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by BadgeIsBack
Reading the forums has given me a fresh insight into Ms Brenda's Modus Operandi.

Surely the question is:

'How far down my old fella would those false-nails fall.....?'
Sorry Badge, I have to take issue............it may be Mrs Brenda.
 
Old Aug 12th 2011 | 10:37 pm
  #147  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by Bix
Sorry Badge, I have to take issue............it may be Mrs Brenda.
I dropped the ball there, eh!
 
Old Aug 12th 2011 | 10:42 pm
  #148  
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Default Re: How far will houses fall in value to the trough in Oz?

Originally Posted by BadgeIsBack
I dropped the ball there, eh!
 

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