The future of Australian property prices

[CanOz]

LOL. Call your broker when you've got some capital!!

CanOz

[im sparticus]

can anyone who follows realestate etfs and stocks tell us how they have been performing over the last 12-18 months?

also looking forward to seeing how that home price index has performed over the next 12 months. lets lock scm in hypothetically short at todays value for melbourne?

[Starcraftmazter]

also looking forward to seeing how that home price index has performed over the next 12 months. lets lock scm in hypothetically short at todays value for melbourne?

There are no ETFs for Melbourne, that's why I don't have any positions. There's nothing "hypothetical" here

[im sparticus]

There are no ETFs for Melbourne, that's why I don't have any positions. There's nothing "hypothetical" here

Ive just created one for you short at todays value for melbourne get it will be interesting to see how this hypothetical plays out. your welcome to call the exit any time you like. whats todays value for melbourne?

[Starcraftmazter]

Ive just created one for you short at todays value for melbourne get it will be interesting to see how this hypothetical plays out. your welcome to call the exit any time you like. whats todays value for melbourne?

I don't know, why not simply go for RP Data's monthly price movements to calculate %return?

I will also take as much leverage as you offer.

[numbercruncher]

Ive just created one for you short at todays value for melbourne get it will be interesting to see how this hypothetical plays out. your welcome to call the exit any time you like. whats todays value for melbourne?

Seems your already out of the money mr property Permabull

MELBOURNE home prices plunged a further 2.7 per cent in May as buyers continue to drive hard bargains.

According to the latest RP Data home value index, Melbourne residential property prices have now fallen 4.6 per cent in the past three months and a staggering 8.4 per cent during the past year with the latest median price of just* $490,000.

http://www.heraldsun.com.au/business...-1226379376932

Hooley Dooley - 2.7pc in one month ! what we in the real world were expecting though -


And unless im living in fairyland I have seen nothing to indicate they will reverse this downward trajectory - even the spectre of nose diving interest rates isnt doing it ....

Happy Investing

[im sparticus]

I don't know, why not simply go for RP Data's monthly price movements to calculate %return?

I will also take as much leverage as you offer.

thats what i mean rp data index for melbourne. ill offer you 80%lvr cash (no gold). So whats your total position size?

[im sparticus]

Seems your already out of the money mr property Permabull



http://www.heraldsun.com.au/business...-1226379376932

Hooley Dooley - 2.7pc in one month ! what we in the real world were expecting though -


And unless im living in fairyland I have seen nothing to indicate they will reverse this downward trajectory - even the spectre of nose diving interest rates isnt doing it ....

Happy Investing

were trading the future not the past!

[numbercruncher]

If you purchased a median Melbourne property a year ago using borrowed money and sold today you would be atleast 100k in the hole .....

[satanoperca]

thats what i mean rp data index for melbourne. ill offer you 80%lvr cash (no gold). So whats your total position size?

I will take your offer, get your lawyers to write up the contracts, put the money in escrow, you put equal money in as I to cover your lose. $60K leveraged up to $300,000.

Lets go. No hypotheticals, lets make it real.

[im sparticus]

I will take your offer, get your lawyers to write up the contracts, put the money in escrow, you put equal money in as I to cover your lose. $60K leveraged up to $300,000.

Lets go. No hypotheticals, lets make it real.

my lawyers whats wrong with yours?

[numbercruncher]

Good to see the team at Moody's are keeping it real -

GLOBAL ratings agency Moody's says the Australian housing market is still significantly overvalued despite a 7 per cent slide in prices over the past two years.

And Moody's says the resilience of Australia's debt-bloated household balance sheets has never been truly tested since house prices accelerated.

The agency has warned it is considering cutting its credit rating on three of the leading Australian businesses that provide mortgage insurance.

http://www.couriermail.com.au/life/h...-1226379360653

[satanoperca]

my lawyers whats wrong with yours?

you are the one who was offering, but mail me your details and I will have the contract drawn up, do you have the $60K to leave for a period of 3 years, as I will holding the short for some time.

Also what is your max position size, have a few people interested in taking up your offer.

Cheers

[Starcraftmazter]

thats what i mean rp data index for melbourne. ill offer you 80%lvr cash (no gold). So whats your total position size?

Given it's hypothetical, as big as you can handle.

[satanoperca]

Given it's hypothetical, as big as you can handle.

No hypothetical, lets make it real or it means jack.

Time to stump up his money or shut up.

Cheers

[Starcraftmazter]

No hypothetical, lets make it real or it means jack.

Time to stump up his money or shut up.

Cheers

That seems like a massive waste of opportunity cost

You want me to commit capital to a market which moves in one month as much as a stockmarket index usually moves in 1-2 days. This is why I always say real estate is a suckers' investment.

[medicowallet]

I wonder if there are any professionals out there with opinions of current Melbourne market and future projections?

Robots?

Sunshine and lollipops

MW

[satanoperca]

I wonder if there are any professionals out there with opinions of current Melbourne market and future projections?

Robots?

Sunshine and lollipops

MW

Yes where is Robots, miss his comments.

[im sparticus]

a market which moves in one month as much as a stockmarket index usually moves in 1-2 days.

Guess the sky isnt falling after all cheers for clearing that up

satan send my offer to your lawyers and see what they can draw up i stand by every word i posted

[McLovin]

That seems like a massive waste of opportunity cost

You want me to commit capital to a market which moves in one month as much as a stockmarket index usually moves in 1-2 days. This is why I always say real estate is a suckers' investment.

Do it on tick. $1,000/1% move. No money down and seeing as you're so confident it's like cash in the bank for you.

ETA: I just thought of another benefit for you SCM, as it's considered gambling you won't have to pay tax!