Australian (ASX) Stock Market Forum

Recent content by KIWIKARLOS

  1. K

    The future of Australian property prices

    10% get real using those figures will just get you burnt. Historic house price rises are bs , how far back you go and the period you choose dramatically effects the results . Even glen Stevens gave a warning about relying on gains. I assume 3% per annum growth on property investments anyone...
  2. K

    The future of Australian property prices

    I'm 29 bought my place 5 years ago it's still up 25% which is good considering the size of the investment , leverage and risk. What investment is going to do well now ? I put all my savings into cash ATM. Today will prob be the start of a new crises I wouldn't want to be in shares at all
  3. K

    The future of Australian property prices

    $60K as a professional? you must be very junior or in a crappy job. Most professionals i know get paid nothing for a few years while working 60 hour weeks then move onto descent salaries. Most tradies make more than you and dont have a hecs debt. What industry are you in so I can tell my kid...
  4. K

    The great crash ahead?

    I don't agree firstly talking about supply and demand, demand is clearly driven by supply in our case if houses in Sydney were 200 k the demand would be huge. To say the entire housing market will crash is crazy and even in the us some places fair much worse than others. IMO house prices are...
  5. K

    The great crash ahead?

    IMO demographics is not the biggest factor influencing the world economy. Sure we have aging populations etc etc so what the biggest driver of economic growth is cheap reliable energy. One barrel of oil contains chemical energy equivalent to 40000 man hours of work, people do not drive the...
  6. K

    Russia - What are they up to?

    One other thing that is highly contencoius claims, The US was neutral in the first years of WW2 then then walzted in in the end and smashed the already running german forces the USSR did the hard yards in WW2. The US waited for the perfect timing and simply walked in and picked up the pieces...
  7. K

    Russia - What are they up to?

    your tallking about man power there not actual power. look in terms of current expenditure and then we also havve to take into account that the US has been spending this much forthe last 30 -40 years china just started ramping up spending. Under Ike defence spending was 10% of GDP under ragan it...
  8. K

    Russia - What are they up to?

    russia's conventional forces pail in comparison to the US in their number and their technology. I think that there is more behind the missile shield than media lets on, i mean why would they advetise the fact that this system could potentially intercept complex missiles with decoys if it could...
  9. K

    Does finance really need the middle men?

    the biggest problem is that the finance industry is not actually productive in fact its the opposite it rapes value from companies. Rel productivity and value comes from investing in things that in turn create more productivity. Look at islamic financial rules they actually are based on fair...
  10. K

    House prices to keep falling for years

    http://www.oecd.org/dataoecd/6/55/41156371.pdf latest oecd gdp growth figures. Most were negative in current quarter and just wait for september quarter figures they will be just as low if not lower. many have been flirting with negative growth for many quarters and only just had their head...
  11. K

    House prices to keep falling for years

    Get over yourself, in comparison with many other countries a recession every 8 years isn't that bad, US had a recession about 6 ago then another with the dot come bubble before that. How many major economic problems has australia created and bore the brunt of in the last 15 years? and its not...
  12. K

    House prices to keep falling for years

    The price of land isn't just indicative of the amount available, its the cost of servicing the land that makes a huge poportion of its value. Areas where transport public or private is expensive due to location should be cheaper and those are the areas we have seen hardest hit so far. People...
  13. K

    House prices to keep falling for years

    Everyones throwing figures around like they are the word of god. Facts and figures mean nothing without taking them in context of an overall picture and they can also be manipulated to show many different arguements. Interested to hear some real stories, anyone here actually in morgage stress...
  14. K

    House prices to keep falling for years

    Well your words of wisdom sure proved me wrong:rolleyes: Don't reply to my posts if your just going to be juvenile about it, you ego is oozing self righteousness atm and its not credible or constructive.
  15. K

    House prices to keep falling for years

    I said overall positive mate you just quoted 9 quarters of ofabout 80 in 17 years thats about 15% still very ovrall positive
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