Australia's largest stock trading and investment forum Australia's #1 stock forum

"House Prices Close to Peak", page-18

First 18 Last

Share
Profile

Follow
simonjb

2,760 Posts.

28/07/15

15:37

Post #: 15707915
Share

Originally posted by lispingduck ↑

"As soon as an individual makes it known here that they are happy for a housing crash to accur here in Australia they no longer deserve a fair go. Totally un Australian."

What you just said simo was wholly "un-Australian". There are winners and losers in when markets make large movement in any direction..is it "un-Australian" to want a better more balanced market for the betterment of Australia's future and its future generation? Imagine the improvement in your living standards, the impact on consumption, more competitive wages should most peoples mortgages or rents be no more than 20-30% of the GROSS earnings.

I think your comment lacks consideration with regards to expensive housing and its implication for macro economics and future economic growth potential. Seems to me you and others want to put more risks on the table and want others to eat it, even though it taste like crap..You want someone to pay you a good return for your little investment in Traralgon even though it means it might be 50% of their earnings and eventually you want someone to pay you a much high price for it than you paid when you don't want it any more.

Expand

I'm not addressing those topics in my post go away.
3 Upvote

Reply

Top Stories

TMK

TMK Energy kicks off drilling for new pilot wells in Mongolia's vastly underexplored Gobi

OCC

Orthocell wins first international approval for nerve repair product

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

DRO

Droneshield shares move up on $13.5M US govt contract

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

There are more pages in this discussion • 48 more messages in this thread...

First 18 Last