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Record Clearance Rates, page-17

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hawkers

3,404 Posts.

20/04/15

00:23

Post #: 15115810
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Originally posted by corryongkid ↑

hawkers, maybe you have been hearing about it for years, BUT:

it doesn't change that we're in a bubble
it doesn't change that all the conditions that have led to this bubble include FOMO, record low interest rates, record high o/seas investment, record high levels of income required to pay mortgages (also note the amount of money this is taking from other areas of the economy), we're leveraged to the hilt ..........

So the fact that you keep harping on about "I've been hearing this for years" doesn't change the dynamics that we find ourselves in hawkers. Just because you've been hearing "the same thing for years" doesn't undo low interest rates and so on .....

Please nominate one bullish factor that is not stretched almost beyond it's "extremes". As is usual with you hawkers I don't expect an answer, just like your mate, you only come back with a put down one liner.

This is going to end badly, your post where you said one needs a 20% deposit to buy a home shows just how on top of this you are mate! What a joke you are, 20% deposit lololol.

One crack and the bubble's burst hawkers, ..... the 90% clearance rate has sped us closer to the biggest property crash in Australian history.

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You can call me what ever you like-won't change the fact I'm worth a couple of mill and you are still living at home smoking bongs. Fortune flavours the brave.
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