Stupid World

[sidecar bob]

now. this term "value" you speak of...

Value, (Wikipedia) What stupid people will pay so they can say that they own a house in Auckland, even though its their bank that own it & them as well.

[Woodman]

House prices increasing isn't necessarily a bad thing.

[sidecar bob]

House prices increasing isn't necessarily a bad thing.

It is if you live in a stupid world.

[mashman]

House prices increasing isn't necessarily a bad thing.

Australia 6 weeks from a housing collapse, US report warns... but when it is, then what?

[sidecar bob]

Australia 6 weeks from a housing collapse, US report warns... but when it is, then what?

Yes, but a housing collapse doesn't mean the houses collapse, so everyone will still be safe & the houses will still be standing.

[Brian d marge]

Australia 6 weeks from a housing collapse, US report warns... but when it is, then what?

That's just the boys warning Australia ..fall back in line or we will end the party

If Australia promoted upregulated markets with no restrictions

Image the "Imf rockerfella,neoconservtive......insert your favorite criminal group " headlines

Stunning growth in Australia markets ....or to translate....look how rich u can get and how with that paper money u can buy all the crap we can sell ya

Don't worry about happiness, u can buy that shyt

sent for a divine source

[Woodman]

Australia 6 weeks from a housing collapse, US report warns... but when it is, then what?

Buy the ones that come up in mortgagee sales cheap or from those desperate to sell, rent them out, then wait for the inevitable increase in house prices. Simple really.

[sidecar bob]

Buy the ones that come up in mortgagee sales cheap or from those desperate to sell, rent them out, then wait for the inevitable increase in house prices. Simple really.

Gee, there's an idea I wish I'd had in the last recession.

[Brian d marge]

Yes, but a housing collapse doesn't mean the houses collapse, so everyone will still be safe & the houses will still be standing.

As in Chicago or Detroit... I hear the houses are cheap there

sent for a divine source

[Ocean1]

Gee, there's an idea I wish I'd had in the last recession.

But... then you'd have no reason to bitch about how much houses cost.


Oh wait, *looks around* this is Stupid World, no reason required, carry on.

[mashman]

Yes, but a housing collapse doesn't mean the houses collapse, so everyone will still be safe & the houses will still be standing.

Likely better if they did, then at least the "owners" could claim on the insurance and keep the property that they've worked so hard for.

[mashman]

The manipulation of burglary statics

[Voltaire]

What happened to the soon to happen 2014 Stock Market crash?

http://www.kiwibiker.co.nz/forums/sh...-crash-in-2014

[Brian d marge]

What happened to the soon to happen 2014 Stock Market crash?

http://www.kiwibiker.co.nz/forums/sh...-crash-in-2014

They printed a shit load of money and reduced interest rates, kicked the can a few more meters down the road


sent for a divine source

[Voltaire]

They printed a shit load of money and reduced interest rates, kicked the can a few more meters down the road


sent for a divine source

There was an article somewhere I read on MSM ( so it can't be true) that "we" are getting into the same area as the Japanese with stagflation going on for years and years and years...
Think it said that part of the problem is Japans aging population and lack of immigration.
Found it.
http://www.businessinsider.com.au/ja...16-9?r=US&IR=T

and its got a graph.

A relative of my Wifes is selling his beach house for 1. summit million and off to buy a Merc or BMW.
Banks will be pleased, more money being lent, more fancy cars being sold..
Must be nice to be able to loose 30K just by driving out the showroom floor.
Give me 10 year old Jap cars any day.