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Vic Wasteland Thread

R31Nismoid

By R31Nismoid,
in Victoria

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joeyjoejoejuniorshabadoo
joeyjoejoejuniorshabadoo

probably worth more than your D1R's

Mohsen
Mohsen

i kinda want one. name him al pacacino.

Birds
Birds

You laugh now, but when I'm at a formal occasion with a shitty DJ and they need someone to drop Dre beats...I have something up my sleeve.

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joeyjoejoejuniorshabadoo Grand Master

joeyjoejoejuniorshabadoo

Posted
Posted

alex works in real estate.... people will always need houses - win

i work for a bank... people will always need banks - win

you work in a video store... people now buy/steal online - fail in 5.4.3.2.....?

Flynnn Grand Master

Flynnn

Posted
Posted

actually people are still interested in buying houses

they rent them to people that don't want to buy them and only want to rent

there will always be a market for houses

No doubt there will be but the market is going through a big change right now (a self adjustment after a bubble that has been further inflated since 08) and it's only the tip of the ice berg. For the last 10 months, house prices have seen a steady, consistent price drops which will see bigger drops in the next few months ahead.

US, UK, Ireland have all been through it. We currently have the highest house prices in the world which is unsustainable in the long run.. anyway, read up in the Housing Bubble Thread in Wasteland, no need to further divulge in to here.

dezz Grand Master

dezz

Posted
Posted

Yeah maybe i may be a loser with no life and future.. but i'd rather be where i currently am than have a negative equity.. Ouch.

You'd rather be a loser with no life and no future than me? Aim high Willis

And don't worry about me buddy, I'm doing just fine :)

CBF reading 115 pages of dribble.

Come on Grant, it's 116 pages filled with expert opinions (read: pasting links from google), it's well worth the read.

Or you could just PM the resident expert on everything, old mate Flynn here.

alr33x Grand Master

alr33x

Posted
Posted

Six figure income in a declining market .. Yeh im doomed.

Only bigger and better thing in your life will be a coffin

Just sold another one.. 7 in December it's so tough out there... Better go read more newspapers about how bad it is

Downforce Grand Master

Downforce

Posted
Posted

actually people are still interested in buying houses

they rent them to people that don't want to buy them and only want to rent

there will always be a market for houses

Tell it to the Chinese :laugh:

http://blogs.marketwatch.com/fundmastery/2010/09/08/china-64-million-vacant-homes/

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