By: jaymarcel
16/07/2009
6:41 am Yahoo! Profile:
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Oh dear someone really is bored with their own life aren't they, it is obvious you have no life if you have to continue to make comments using IDs similar to others.
Do you not have your own valuable input to put on these forums. |
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By: one4thefruitcakes
15/07/2009
10:42 pm |
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By: jaymarcle
15/07/2009
10:20 pm |
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By: steveb_wilson1
12/07/2009
11:42 pm Yahoo! Profile:
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The worst has yet to come!
You see, though we may have at first escaped the worst effects of the financial storm which more severly ravaged many other countries the efforts made by our government to soften the blow of the economic disaster have layed the foundation for a long and drawn out painful economic crisis.
The "Golden Days" of prosperity for us here are well and truly over!
Increases in the number of people unemployed along with the already rising interest rates charged by banks for loans shall contribute to what I and others have been encouraging others to realise before it is too late for them to secure their financial futures...
AUSTRALIA - ECONOMIC DISASTER LOOMS
Only those who have the means to take action that shall result in their being able to secure their personal finances and so their future financial security shall avoid the worst of the recession. |
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By: steveb_wilson1
10/07/2009
8:46 pm Yahoo! Profile:
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Hi everyone!
Do not be confused or upset...
But when you are told that "all is wel with the economy & now is a time to buy property"...
Laugh and say to yoruself..
Man! I aint going to believe that ... No sir! Not for one milisecond!!
For who in their right mind would seek to BUY property while all the people who make money in the industry, (property investors) are SELLING as fast as they can find a buyer...
And discounting heavily in many cases to get that sale as well!!
Think hard on this now if you are contempating a purchase of aproperty. For it may be your last chance to avoid years of debt and the resulting hardship for yourself and your family. |
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By: jaymarcel
8/07/2009
7:10 am Yahoo! Profile:
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Good morning all,
While I've been away I see more people advising not to buy property, well my advice is dont buy shares! If we look at history & who the panicers are at the moment we notice the sharemarket players are scared of spending due to their big losses over the past year.
Where as the people in property are just buying more property (this is what is happening in Brisbane anyway). Property investors are seeing that following a fall of 5% - 10% in the property market over the last 6 months now is a great time to buy more property & lock in a long fixed rate & watch the supply/demand is do the rest. Property prices will rise & rent will rise, what financial position would you like to be in 2015, still renting at higher costs or living in your own home with 5 years paid off your mortgage.
As many have said on here the recovery will all be about Asia & we all know how this affects Oz, more $$$ |
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By: lotsoffunhere@ymail.com
7/07/2009
9:10 pm |
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By: lotsoffunhere@ymail.com
7/07/2009
9:05 pm |
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By: imstillhavingfunhere
7/07/2009
9:51 am |
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By: lasty49
7/07/2009
9:19 am Yahoo! Profile:
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"You would have to be crazy to pay the prices which are being asked for property here in this country right now!!"
Yes and you would be crazy paying up for other goods and services offered cheaper in neighbouring countries such as New Zealand.
Grocery mark up is a classic example.
The point here is people are paying up and will do nothing about it.They have accepted it.
Until that mentality changes then expect it to be the norm. |
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By: ricky.rollings
7/07/2009
7:50 am |
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By: steveb_wilson
27/06/2009
10:07 pm |
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By: fiechterbruno
27/06/2009
9:29 pm Yahoo! Profile:
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| Visitor from NZ you have to be serious /them stinking Nzlanders comme to oz for jobs/with no visa /stupid moron race go back to NZ |
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By: havefunhere@ymail.com
26/06/2009
11:39 pm |
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By: vincenthavelundstephens
26/06/2009
12:33 pm Yahoo! Profile:
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davehawkins_51
How right you are I like your ability at deep analysis of what is. Vince |
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By: davehawkins_51
26/06/2009
11:49 am Yahoo! Profile:
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| yes kiwis will do anything for their country except live in it |
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By: vincenthavelundstephens
25/06/2009
9:55 am Yahoo! Profile:
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Hi All, I notice derogatory comments here about Kiwi's this stirred my memories of the 1980s. NZ Prime Minister of the time (Piggy Muldoon) while being hassled by the Aussie media when he was on a visit commentted as follows. Every Kiwi that comes to this country improves the mental and physical situation of both our countries populations.
I wonder if he also meant that every Aussie that settles in NZ the reverse happens.
There are more Aussies in KIwi pro rata to poulation size than the reverse.
I note that since the dole in NZ is lower than Aussie there is probably a better class of Aussie going to NZ than the reverse. You Aussies should work all that out if you are smart enough.
There is a glut of wealthy Yanks and and Poms settling in the Sth Island of NZ, and a previous long serving premier of NSW (Carr)bought a large holding there while he was still in office.
Having said that I have been here for forty years and have a direct family here of 21 wonder where we stand?
Oh Firefly, I dont research who owns what name, its not my problem its theirs, Cheers Mate, Vince |
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By: fire.fly_au
24/06/2009
10:33 pm |
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By: vincenthavelundstephens
24/06/2009
1:34 pm Yahoo! Profile:
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dishonestnzsheilainoz
Reading the blogs in this overall format i am amazed at the propensity herein to generate negativity, lets have some positivity for a change.
I am old enough to remember the end of the 1929 depression we in NZ came out in 1945-45 I was 11 yoa and we went from bust to boom in short order. All of a sudden ANZ produce was very valuable.
I had my first shop at age 17 so remember all the B&B since, the worst being 1987-92, I was in USA when Clinton was elected in 92.
All of this gloom is destructive, its one thing to warn, quite another to frighten, hard as I try its impossible to see why there is so much pessimism, and fear of Asia.
Asia has come out of its shell and now understands its economic power. However their infrastructure is inadequate and they need the Industrial countries to buy their massive productive capacity, and why should we not?
It means the west needs Asia to keep certain costs down, and Asia needs the western consumers. The wailing about costs etc; to me issues from lack of knowledge of the true economics of capital integration and the subsequent follow through.
Put in simple terms we need Asia and they need us, there is no need to take fright over these countries, provided our treaties are adequate, and the USA military etc is more than adequate.
The ANZUS treaty is significant for us, but remember the minerals in Australia makes us a power greater than our size, and will continue to do so?
The service of debts and cash flow, will balance itself gradually, as will properties at risk of reposession, because of unemployment. The use of fiat money by the western Govts will be used to smooth the way through this present upheavel, but business will suffer unless there is more help to the small and medium operators.
Its gonna be hard no sweat, but thats life, investing is taking risks for profit so its the individuals judgement.
Contraction in values and future direct cost reductions
will even out the worlds economy. |
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By: jaymarcel
24/06/2009
7:21 am Yahoo! Profile:
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Hi dishonestnzsheila, Just picked up on your unemployment is rising comment, where did you see these figures & when did it happen, last I heard unemployment went down & we are not in a recession.
From what I am seeing businesses here are not struggling, I recently wanted a fence put up around my property & had to wait 4 weeks as they are so busy, I wanted an electrician to do some work on my house 3 week wait, just to get some tiling done a six week wait!
It is only the big international companies that are affected by the share market collapse that are having problems.
And when this is all over the housing market in the UK & USA will rise back to a similar level to ours & our property market will recover from its 5% drop in price. |
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By: sly_guy_nsw
23/06/2009
8:05 am |
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By: rodneythesaviour
17/06/2009
7:20 am Yahoo! Profile:
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There is much truth in what has been posted here below concerning the forecasting of a pending economic disaster.
Indeed, we should all rally round steve_b_wilson and cry -
AUSTRALIA - ECONOMIC DISASTER LOOMS.
Indeed we should make every effort to support his CRUSADE to awaken the populace to the crisis at hand and seek to encourage each and every member of the population to take action now which shall secure their financial security in the difficult times to come.
Be cautious and maintain financial flexibility.
A positive outlook and confidence are not enough. |
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By: dishonestnzsheilainoz
17/06/2009
7:13 am |
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By: kingat33
14/06/2009
5:31 pm Yahoo! Profile:
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| Absolutely right belantos and I know people are gonna flame you for what you said even if it's the truth. |
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By: belantos
14/06/2009
4:32 pm Yahoo! Profile:
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Oh, and the increased First Home Buyers Grant induced housing "boom" will be short lived. Unemployment and declining national income will put an end to it. The time will also come when welfare will be cut due to lack of funds and everyone working will pay increased taxes to plug the tax hole. Who will then pay these ridiculous rents and mortgages? And if landlords don't receive the rental income they counted on when they "invested", or it is greatly reduced, will they survive? How long can the government afford the expensive negative gearing that eats into their tax income? Unemployed foreign workers must return to their own countries as per their work visa condition. And if they do, and many young people move back to their own parents, will these not increase rental vacancies dramatically? And will this not lead to the inevitable property crash?
Depressions flatten bubbles, restore wealth disparity and bring down the high fliers.
(Coming soon: http://www.lantos.com.au) |
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