Hi All
Lots of people have lots of views of what lies ahead for the Australian Residential Property Market.
Just wondered what everyone thought of this view of what lies ahead.
It's been written by Bill Zheng, founder of Investors Direct.
He's renowned for having his own independent view of the market and doesn't alway agree with other commentators.
Love to have some feedback.
Cheers
Markhttp://www.investorsdirect.com.au/articles/what-lies-ahead.html
For another opinion check out Anz Property Report at the link below.
mafarelly wrote:It's been written by Bill Zheng, founder of Investors Direct.He's renowned for having his own independent view of the market and doesn't alway agree with other commentators
Another pump and dump thread from an industry insider.
Things a bit slow at the office Mark
If his views are independent I’m a monkey’s uncle. The guys just another property spruiker running a property centric business.
His conclusions are based on airy fairy assumptions that an amateur economist would pull apart in seconds.
Jack
Thanks for the insight Jack. Did you read the ANZ property report as well? That is probably a little less biased/one sided.
Cheers,
Lukeluke86 wrote:Did you read the ANZ property report as well? That is probably a little less biased/one sided.Yeah I had a quick look thru it. Your typical bank drivel. Now that they’re faced with irrefutable evidence property is falling they’re taking a more neutral position and trying to sound as if they know what they’re talking about. They’re in the “yes but” phase at the mo’. You get better info from kindergarten kids than the so called bank economists. The kids may not know what they’re talking about but at least they’re honest.
Jack
PS If you want a good source of hard and reasonably unbiased comment/data tryHouses & Holes (blogger) writes fairly good stuff on the property market.
JackFlash wrote:mafarelly wrote:It's been written by Bill Zheng, founder of Investors Direct.He's renowned for having his own independent view of the market and doesn't alway agree with other commentators
Another pump and dump thread from an industry insider. Things a bit slow at the office Mark If his views are independent I'm a monkey's uncle. The guys just another property spruiker running a property centric business. His conclusions are based on airy fairy assumptions that an amateur economist would pull apart in seconds. Jack
Hey Jack
Actually things are frantic in the office. (Hence have not had a chance to get back to the forum for days!) Trust you're busy too.
We've all been busy expanding the company, adding new divisions in rental property management and other areas. We are continuing to take enquiries from clients interested in how the properties we are recommending are way outperforming the market, based on Bill's insightful analysis and long experience. His independence derives from the fact we are not beholden to any particular group in any market.
But anyway, maybe you're right. Maybe an amateur economist might do a better job of analysing the markets, the economy etc… because god knows the professionals can't!
Cheers
mark
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