CanOz
Home runs feel good, but base hits pay bills!
- Joined
- 11 July 2006
- Posts
- 11,544
- Reactions
- 521
LOL. Call your broker when you've got some capital!!
CanOz
CanOz
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
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?
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?
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.
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.
Seems your already out of the money mr property Permabull
http://www.heraldsun.com.au/business/buyers-market-as-melbourne-house-prices-fall-27-per-cent-in-may/story-fn7j19iv-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
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.
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.
my lawyers whats wrong with yours?
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.
No hypothetical, lets make it real or it means jack.
Time to stump up his money or shut up.
Cheers
I wonder if there are any professionals out there with opinions of current Melbourne market and future projections?
Robots?
Sunshine and lollipops
MW
a market which moves in one month as much as a stockmarket index usually moves in 1-2 days.
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.
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