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Type: Posts; User: McDuck
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You understand auction psychology perfectly.
Having overseas bidders with deep pockets was the other main component.
Considering that money may have come indirectly from communist...
I thought it was mainly about inflation.
Inflation works in favour of debt, but works against savings.
Ok, Mr Ice T. Are you suggesting that "you didn't choose the game.... the game chose you"?
you aren't accountable for your actions?
You have no free will to choose your actions, but...
It's an interesting idea.
Begs the question, are there similarities to other credit bubbles?
Here's a great YouTube on the 1929 cycle, it's in depth interviews are very revealing.
Here's a good you tube, most of the ideas apply.
It's not a bad approach.
I'd be remiss if I didn't point out that, as a logical bit of reasoning, it's got a few holes in it.
Firstly your stock market driven upswing may look similar to the...
Lol, I like it.
You can look at it backward if you like.
But I'm not going to let you get away with simply throwing an "Olly-ism" at it.
Very well, on your terms then, what factors caused...
Property seemed to be ambling along at a fairly flat rate until about 2001.
Then for some strange reason it started to climb.
What caused that?
Was it changes to superannuation?
Was it changes...
I totally agree with you, anyone who comes to help rebuild a city should be treated with respect and dignity.
Sorry if you're being treated badly. Your work is greatly appreciated.
Give people a reason to be somewhere else.
That will also solve the traffic problem.
Don't you think that's a bit simplistic?
Even if you ignore all the other factors, you still can't claim that supply and demand are directly connected.
Money mediates the connection between...
Lol, you’re not missing anything, or at least anything that can be found.
Rents could be dead flat but look like they’re going up (by a per cent an a bit per annum) because...
Going with the basic idea behind your 100 hour a week dedication, good for you!
Ok. It might not be exactly 100 hours, but rather a generalisation intended to convey the basic idea of pouring every...
Sorry, just to nudge this back on track.
Yes it's going to be interesting Donna.
A multi level approach to housing would be most effective.
Certainly by helping people to act (rationally), and...
Ah, I see where you're coming from now.
The actual isolated act of "Real Estate Transferral" can be done by downsizing.
The total act of "Continued Ownership", requires an income, to pay for...
Lol. OK bob, you seem to have gotten a bug in your bustle about my statement. Perhaps I better explain.
Firstly, It's not my "stupid claim", I cant take credit, income to house value is a normal...
Lol. Ok, I'm curious, what do you mean by "no income"?...and how many are "quite a few"?
Lol, no my friend, I have a plan for you.
Since I'm sending all the Agents off to the Mongolian border with China, to open up two dollar shops:; that sell Moa Beer and Sheepskin UG boots etc, you...
Good, questions, and four of them too.
Let me have a think about it.
My gut response to your first two questions came from passing through a small suburban shopping centre and spotting five...
Thank you for the excellent question Bob.
And in keeping with the rude tone of your question,
You show your ignorance both socially and economically.
With the possible exception of communist...
Ok, I'll rephrase it.
I was thinking that the thirty thousand dollar clip that the Real Estate merchants trim off the top of each and every Auckland house sale,
could be better spent on the...
People are drawn to a city for employment opportunities.
So, the only two factors that are worth considering are income and house prices.
look at the average income in NY, compared to the average...
Archaeopteryx would tend to disagree with you.
Lol, nice. Thanks.
I was thinking of a far more invasive gutting of the whole Real Estate scam.
Considering that the transfer of property could, in theory, be as simple as two people going to a...
And you would be incorrect. I've created income opportunities where all my money and time are on the line. Never having succumbed to the temptation to price gouge my customers.Charging a fair price...