rental shortage hyped up, page-37

  1. 11,223 Posts.
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    LE

    You are starting to sound as desperate as some on here blaming the fall of some dog spec stock they over committed to on "down rampers"

    Forget the fact the stock had nothing of substance behind the price in the first place

    Or Blaming people who post a negative view on an ASX top 50 company of down ramping, due to some deluded belief that a few negative posts on a site like this is going to adversely affect the share price of a company with a $10bil market cap.

    You must really be over committed in property.

    Especially with comments like this

    "I also have the right to point out that all the doomsayers on this forum are renters and ask whether this is a coincidence"


    All the doomsayers are renters????


    As I have posted negative views in relation to property I am assuming I am one of these "doomsayers" yet I do not recall ever mentioning what my personal position in property is. Just as I am sure there are a number of others who have not stated their position.

    But lets just for the sake of it assume you are right and their (including mine) forecasts are coloured by their desires?

    What is the problem with this?

    Are you saying that you and other property permabulls forecasts are not also coloured by your desires????

    All markets (real estate not being an exception) get over sold and suffer slumps due to negative sentiment and get over bought and valued on hype but they all eventually return to a fundamental value, regardless of the ramping or down ramping of the market.

    Property has just gone through a once in a life time over hyped boom, and is on just about every assessment over valued fundamentally, an over valuation that can not be sustained.

    It will over time return to a value based on sustainable fundamentals.











 
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