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Thoughts on 2020 Housing Market.

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  • #46
    this cycle is overcooked due overdye by 28 months ..highest ever since record began
    Question:What happens when our dollar becomes worthless?
    Answer :Hyperinflation
    Question:What happens if we go into hyperinflation?
    Answer:Soft and paper Assets e.g shares,stocks, bonds,Kiwisaver/Retirement funds crash(see GFC 08/09 for more information)
    Hard assets Gold/Silver Land/Property double and possibly triple in value, and the predictable cycle of the rich get richer and poor get poorer continues.
    Question:Why is this happening?
    Answer:unfortunately because it has too.


    Stocks are breaking all records
    what now ?

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    • #47

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      • #48
        So, reviewing various pronouncements, since the thread started in Feb 2020, how are those warmed-over predictions looking?
        Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

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        • #49
          Originally posted by jeffa View Post
          i wouldn't waste time trying to predict or time the market, id buy what you can afford now..then your question will be answered in 2030.
          Posted 25-02-2020, 06:16 am
          Last edited by Jeffa; 14-01-2021, 08:22 PM.

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          • #50
            Originally posted by jeffa View Post
            this parties only just beginning, let me tell you a little story...how about we create another version of the swine flu and name it after a mexican beer ..then we release it into a highly populated city, maybe somewhere in asia, then we create mass panic throughout the world and through media (already knowing this virus is any worse than the flu)..the world panics..wall street crashes...the governments around the world order their reserve banks to lower interest rates, governments borrow billions for stimulus to build motorways,cyclelanes, and what ever else will get you re-elected..assets prices increase, i become wealthier..and the cycle starts again.....just a story though..not reality..lol.
            Posted 28-02-2020, 09:28 am
            Last edited by Jeffa; 14-01-2021, 08:22 PM.

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            • #51
              Originally posted by jeffa View Post
              new zealanders think ardern is our leader, her and robertson bow to adrian orr, anybody stop to ask the question why a reserve bank governor isn't elected?...and for the record trump kneels to powell...
              https://www-washingtonexaminer-com.c...nomy-is-strong
              Posted 29-02-2020, 01:42 pm
              Last edited by Jeffa; 14-01-2021, 08:23 PM.

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