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Eighty Two Percent :D

This was from 2013. Arguably we've since seen the strong gains he warned about as confirmed recently (from this year)... So according to Christopher Joye we are going to see the most serious housing crash in 75 years... just another doomsayer, he should be on the chart.

Yes. You seem to be missing Christopher Joye.

So the SVR is the best you could have achieved as an alternative to a fixed rate of 5.59%? Nice try :D Dig up the 50 correct predictions to counter those I found above that were wrong and I'll be convinced of your high win rate... :cool:

haha not according to this data http://www.loansense.com.au/historical-rates.html & who pays the standard variable rate anyway? Just be happy you've made a nice profit on the properties and be honest, you fixed at the wrong time and ended up slightly out of pocket as a result :) Those were...

Shadow's record in comparison. Goodbye Shadow :D January 2008: "Peak of boom: 2014-2015. Sydney Median Price: $1,250,000" Wrong Later Revised To: "Sydney house prices will approach $1M by 2015" Depending on interpretation of 'by' and 'approaching', but I'll give Shadow a half mark for this...

For the record that chart looks the same upside down as it does the right way up :D Perhaps after a few months I will find that I miss stubborn debates that go nowhere and achieve nothing and slink back onto the new site :p but for now I think I will enjoy a break.

They are around their long term average though...

If you insist :p

Given that new threads will be disabled from next week I thought it would be a good idea to get this thread started before that happens. Most of my posts here have been on the economy, macro factors and thoughts on how they will affect the property cycle (leading to some heated debates) and...

LOL that's your idea of starting with nothing?

Well I am seriously looking, but not yet bought. I hope that wasn't the reason :( Good luck on the new forum turk I find you hope you find another realist to troll.

Thanks very much to the Somers for providing the platform over the last 10 odd years I have been using it (& to Sim/other admins for maintaining it). Not sure if I will signup on the other site yet (I'm sure some will be secretly pleased if that ends up the case :D), it's a bit like taking...

Might be a bit more room for Sydney to outperform Brisbane before it turns...

lol good chat. Finally something turk and I have agreed on. Historic moment.

There has been an improvement in some cities over the last 5 years (Adelaide, Brisbane, Hobart, etc) as prices have fallen or flat lined. As stated earlier in the thread my view here was on affordability over the last 10-15 years compared to the decades prior.

I'm not adding it. I said here "tax policies". But I don't have to include absolutely every government policy for my point to be made. Prior to the discount (at least for 15 years or so) it was indexed/reduced cost base, arguably the 50% CGT discount is far more generous (considering house...

Care factor zero. Show me where I said that. I don't care what the media pushes, it's mostly self serving rubbish. Capital Gains Tax has changed, foreign investor rules have changed, development costs have changed, lending regulation has changed, monetary policy has changed, I assume...

I just gave you an entry level suburb (Elizabeth) where prices are well below the Adelaide median and have still increased by almost 300% in 15 years. Wages have not kept up. You will find the same increase or similar in many other FHB/outer suburb areas that are well below the capital city...

Prices have gone up everywhere, in the median suburbs, in the expensive suburbs, in rural towns and in "cheap" suburbs... take Elizabeth for example (in Adelaide), outer suburbs, daggy area, entry level, median price in 2000 was $60,000, last year it was $230,000. Do you think FHB wages have...