ausie buyers warned off of US Property investment – Page 2

This topic has 45 replies, 6 voices, and was last updated 14 years, 2 months ago by patb.

Viewing 15 posts - 16 through 30 (of 46 total)

← 1 2 3 4 →

Author

Posts
January 2, 2011 at 8:36 AM #647134

carlsbadworker
Participant

[quote=EconProf]Since Australian real estate has boomed due to their resource-rich economy and proximity to China, the investor cited would have reaped huge returns by investing at home.[/quote]

I strongly disagree. If US housing market was considered a bubble, by no means one can deny that Australian real estate isn’t a bubble at the moment.

http://seekingalpha.com/article/227083-the-great-australian-housing-bubble

January 2, 2011 at 9:07 AM #648195

EconProf
Participant

Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.

January 2, 2011 at 9:07 AM #647149

EconProf
Participant

Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.

January 2, 2011 at 9:07 AM #647734

EconProf
Participant

Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.

January 2, 2011 at 9:07 AM #647076

EconProf
Participant

Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.

January 2, 2011 at 9:07 AM #647871

EconProf
Participant

Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.

January 2, 2011 at 9:14 PM #648355

barnaby33
Participant

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

January 2, 2011 at 9:14 PM #647309

barnaby33
Participant

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

January 2, 2011 at 9:14 PM #647237

barnaby33
Participant

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

January 2, 2011 at 9:14 PM #647894

barnaby33
Participant

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

January 2, 2011 at 9:14 PM #648031

barnaby33
Participant

I do, it’s (Oz RE) a bubble. That being said its still better to only own real estate you can be around to watch.
Josh

January 2, 2011 at 9:43 PM #647899

patb
Participant

[quote=EconProf]Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.[/quote]
Um why haven’t personal incomes kept up?
In melbourne the median house sells for 7.5X medina income.
Now the rise of the Aussie dollar is probably resource sales, but the real estate there?

Madness

January 2, 2011 at 9:43 PM #648360

patb
Participant

[quote=EconProf]Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.[/quote]
Um why haven’t personal incomes kept up?
In melbourne the median house sells for 7.5X medina income.
Now the rise of the Aussie dollar is probably resource sales, but the real estate there?

Madness

January 2, 2011 at 9:43 PM #648036

patb
Participant

[quote=EconProf]Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.[/quote]
Um why haven’t personal incomes kept up?
In melbourne the median house sells for 7.5X medina income.
Now the rise of the Aussie dollar is probably resource sales, but the real estate there?

Madness

January 2, 2011 at 9:43 PM #647242

patb
Participant

[quote=EconProf]Our real estate bubble was based on foolish monetary and governmental policies and was destined to pop. Australia’s healthy growth rate is based more on their natural reources, decent government, and future prospects, not reckless fiscal and monetary policies. I really don’t know if Australian real estate is in a bubble, or merely reflecting their underlying economic strengths. Either way, she still would have been better off to keep her money at home.[/quote]
Um why haven’t personal incomes kept up?
In melbourne the median house sells for 7.5X medina income.
Now the rise of the Aussie dollar is probably resource sales, but the real estate there?

Madness
Author

Posts

Viewing 15 posts - 16 through 30 (of 46 total)

← 1 2 3 4 →

You must be logged in to reply to this topic.