All Topics / General Property / Property bust not here yet … worse to come

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  • Profile photo of DubstepDubstep
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    Profile photo of bardonbardon
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    I love it when they moan about the lack of new housing. Its such a fantastic trend after all.

    Profile photo of bardonbardon
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    fWord wrote:
    Yeah, the world is coming to an end too.

    But it's not gonna be 2012! That's my prophecy! LOL

    You are most probably right there. So does that mean we should just maintain the fear indefinitely and one day we will be proven right?

    Profile photo of simplesimple
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    bardon wrote:
    I love it when they moan about the lack of new housing. Its such a fantastic trend after all.

    I am sure there is a shortage….. somewhere in Australia, like mining towns :)
    But in Brisbane…. I had vacancy now for 6 weeks…

    Profile photo of simplesimple
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    bardon wrote:
    fWord wrote:
    Yeah, the world is coming to an end too.

    But it's not gonna be 2012! That's my prophecy! LOL

    You are most probably right there. So does that mean we should just maintain the fear indefinitely and one day we will be proven right?

    Indian use to believe that you are only truly free if you live with no fear :)

    Expectation of RE crash is hardly a fear as such. People would not share fears, they hide them. I would not think that anyone here is truly expressing any fear.

    Profile photo of Jacqui MiddletonJacqui Middleton
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    Yes people it is all doom and gloom.  If you own property and you hang onto it you will implode.  You really should get out while you can.  Sell me your houses for 20cents.  I shall then rent them to people who require accommodation (since nobody will own their own home they will have to rent) for whatever price I fancy.  Mwahahahhahhah.

    Jacqui Middleton | Middleton Buyers Advocates
    http://www.middletonbuyersadvocates.com.au
    Email Me | Phone Me

    VIC Buyers' Agents for investors, home buyers & SMSFs.

    Profile photo of fWordfWord
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    bardon wrote:
    fWord wrote:
    Yeah, the world is coming to an end too.

    But it's not gonna be 2012! That's my prophecy! LOL

    You are most probably right there. So does that mean we should just maintain the fear indefinitely and one day we will be proven right?

    No, no. Far from it. What I meant to say was, don't live in eternal fear. Every few years or so, some false prophet comes out and says that the end of the world is near. What rubbish! It will be good to live everyday as if it were our last, and I wish I could do that. But such prophecies should not instill fear and dread into an individual and cripple him/ her from making any real decisions in life.

    Each of us will make decisions that will best ensure our happiness, consciously or unconsciously. Currently I really hate having to work.

    But someday, I will be free!

    Profile photo of fWordfWord
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    JacM wrote:
    Yes people it is all doom and gloom.  If you own property and you hang onto it you will implode.  You really should get out while you can.  Sell me your houses for 20cents.  I shall then rent them to people who require accommodation (since nobody will own their own home they will have to rent) for whatever price I fancy.  Mwahahahhahhah.

    Sell them to me instead, I offer double the price, 40 cents!

    Just got a letter from council yesterday about my BAD NEGATIVELY-GEARED property. They're considering to realign locality boundaries. I voted 'yes' immediately!

    If that pushes through, it'd turn a property in a lovely location with a B-grade locality to an A-grade on both counts. I have been waiting for this letter for months.

    Happy times ahead! There's still good news to be found amid doom and gloom.

    Profile photo of Jacqui MiddletonJacqui Middleton
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    Nice one, fWord!  What suburb are you in at the moment, and what suburb will you be considered to be a part of when they shift the boundaries?

    Jacqui Middleton | Middleton Buyers Advocates
    http://www.middletonbuyersadvocates.com.au
    Email Me | Phone Me

    VIC Buyers' Agents for investors, home buyers & SMSFs.

    Profile photo of jayhinrichsjayhinrichs
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    Socialist and communist is what your land use authority are.

    Profile photo of fWordfWord
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    JacM wrote:
    Nice one, fWord!  What suburb are you in at the moment, and what suburb will you be considered to be a part of when they shift the boundaries?

    Thanks. I think you might be familiar with this area. A part of North Geelong is proposed to become Rippleside. Some people would probably argue that it's much of a muchness, but IMHO it is a big win if we get the boundary moved. Back in the days when I was buying, a local specifically told me to be careful to actually buy in the area of Rippleside, rather than neighbouring North Geelong.

    Still the same postcode ultimately, but Rippleside sounds helluva lot nicer than North Geelong!

    Profile photo of FreckleFreckle
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    Certainly, the lies from our political leaders are entertaining. But how many more revolutions, riots, defaults, bank runs, stimulus packages, nationalizations, tax increases, pension grabs, etc. will it take to acknowledge what’s happening?
    Can anyone afford to keep ignoring reality? Can you?

    I think this article is kid of apt considering the circumstances and the recent posts.

    http://www.sovereignman.com/expat/whats-next/

    Profile photo of bardonbardon
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    simple wrote:
    bardon wrote:
    I love it when they moan about the lack of new housing. Its such a fantastic trend after all.

    I am sure there is a shortage….. somewhere in Australia, like mining towns :)
    But in Brisbane…. I had vacancy now for 6 weeks…

    Sorry to hear this simple. Why do you think that it isn’t renting.

    Profile photo of FreckleFreckle
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    fWord wrote:
    Still the same postcode ultimately, but Rippleside sounds helluva lot nicer than North Geelong!

    While it’s debatable that it will help it’s almost certain it won’t hurt. You take what you can get and be thankful for small mercies.

    Profile photo of bardonbardon
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    simple wrote:
    bardon wrote:
    fWord wrote:
    Yeah, the world is coming to an end too.

    But it's not gonna be 2012! That's my prophecy! LOL

    You are most probably right there. So does that mean we should just maintain the fear indefinitely and one day we will be proven right?

    Indian use to believe that you are only truly free if you live with no fear :)

    Expectation of RE crash is hardly a fear as such. People would not share fears, they hide them. I would not think that anyone here is truly expressing any fear.

    I think that a lot of us become risk averse as we grow older, chance taking is frowned upon, failure is seen as a weakness, it is hidden and buried. When In reality most success is built on failure, two sides of the same coin. I plan to have some massive failures in the future, if I don’t I probably aint living to my fullest potential.

    Profile photo of bardonbardon
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    fWord wrote:
    bardon wrote:
    fWord wrote:
    Yeah, the world is coming to an end too.

    But it's not gonna be 2012! That's my prophecy! LOL

    You are most probably right there. So does that mean we should just maintain the fear indefinitely and one day we will be proven right?

    No, no. Far from it. What I meant to say was, don't live in eternal fear. Every few years or so, some false prophet comes out and says that the end of the world is near. What rubbish! It will be good to live everyday as if it were our last, and I wish I could do that. But such prophecies should not instill fear and dread into an individual and cripple him/ her from making any real decisions in life.

    Each of us will make decisions that will best ensure our happiness, consciously or unconsciously. Currently I really hate having to work.

    But someday, I will be free!

    Yes I was being sarcastic in my post that you quoted. Its just a game after all and there is no such thing as the future only the present moment and the next present moment. If you can get some joy out of the present moment then there is nothing else that will provide it.

    Profile photo of bardonbardon
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    Freckle wrote:
    Certainly, the lies from our political leaders are entertaining. But how many more revolutions, riots, defaults, bank runs, stimulus packages, nationalizations, tax increases, pension grabs, etc. will it take to acknowledge what’s happening?
    Can anyone afford to keep ignoring reality? Can you?

    I think this article is kid of apt considering the circumstances and the recent posts.

    http://www.sovereignman.com/expat/whats-next/

    So what does one to do to combat this all encompassing Big Government monster ?

    Profile photo of fWordfWord
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    Freckle wrote:
    You take what you can get and be thankful for small mercies.

    Of course, or I could wallow in self pity instead. The choice is pretty clear.

    Profile photo of FreckleFreckle
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    fWord wrote:
    Of course, or I could wallow in self pity instead. The choice is pretty clear.

    A bit melodramatic even for you fWord

    Profile photo of FreckleFreckle
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    bardon wrote:
    Freckle wrote:
    Certainly, the lies from our political leaders are entertaining. But how many more revolutions, riots, defaults, bank runs, stimulus packages, nationalizations, tax increases, pension grabs, etc. will it take to acknowledge what’s happening?
    Can anyone afford to keep ignoring reality? Can you?

    I think this article is kid of apt considering the circumstances and the recent posts.

    http://www.sovereignman.com/expat/whats-next/

    So what does one to do to combat this all encompassing Big Government monster ?

    I suspect people like yourself will simply get bigger blinkers and cocoon themselves in make believe world where all is well.

    Meanwhile people like myself are concerned about where government is going with many things. The Australian government is well and truly in bed with the yanks and adopting some of their tactics. That actually scares the hell out of me. There is absolutely nothing the US government will not do to its people to achieve its political, military and financial aims. It is aided and abetted by its suck-up friend Australia.

    You have to worry when a guy like Julian Assange can’t get any support from his own govt/country. You’re better off being a Bali drug smuggler than anyone who fronts the US over its criminal activities.

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