Up or down?

Date

4BC Mornings: Recently released Australian property figures are sending mixed messages regarding the state of the Brisbane property market, neither confirming that it is recovering or still in the doldrums. 4BC's Real Estate expert, Kevin Turner, talks to Greg Cary to clear up the confusion.

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  • This government should be made to pay for some of these botch ups out of their own pay instead of our pockets.This country is heading for bankruptcy.

    Commenter
    Jackie
    Date and time
    September 02, 2011, 11:26AM
    • Heading for Bankruptcy eh Jackie? On what basis do you make that particular assertion? And what does the government have to do with the property market reacting to Global Pressures? Or are you just mouthing talking points again.

      Commenter
      John of Caloundra
      Date and time
      September 02, 2011, 11:42AM
      • Under the Howard & Costello government Australia weathered the Asian melt down and a prior USA recession. Australia was in great shape, over $20billion in the bank ~ no debt ~ billions in the future fund.

        Howard & Costello also in that time paid off the debt left behind by the previous ALP government; which is par for the course.

        If all this can be blamed on the GFC then please tell me how it is that Canada under the Conservative government managed to pay off some of its debt left by the Liberals/Socialists (correction they only think they are, they got nothing on the ALP and the NDP) reduce the Federal GST from 7% to 5% and put stimulus packages in place.

        That is another thing that goes up and down. The ALP comes into government the debt goes up; the Conservatives come to government the debt goes down, the ALP comes back into government the debt goes upâ?¦..

        Commenter
        Amy
        Date and time
        September 02, 2011, 1:50PM
        • Amy, no Telstra or Airports to flog off, for starters. But we digress, and this discussion has been had pretty recently anyway. What has this got to do with the House Price Bubble that has popped in every other country? Every economist in the world is marvelling at the fact that we have the most overpriced housing in the world. I don't want it to go down, neither do you I suspect; but if it does it sure as hell has nothing to do with policy decisions.

          Commenter
          John of Caloundra
          Date and time
          September 02, 2011, 2:00PM
          • The ALP had money in the bank and no debt to start with.. that simple enough for you, John.

            Commenter
            Amy
            Date and time
            September 02, 2011, 3:02PM
            • Like I said Amy, I've had this conversation already this week with Colene. I repeat the selloff argument here, and then you say something about the size of the debt, and i talk about how the debt is actually lower than average for the last 40 years as a percentage of GDP and considering the global economic situation since '08 things are pretty bloody good, and you repeat your talking point regardless.

              Commenter
              John of Caloundra
              Date and time
              September 02, 2011, 3:09PM
              • Hmmmmm, Hawke and Keating sold off some Airports, a great chunk of The Commonwealth Bank, and all of QANTAS still they run up the National Debt.

                Howard & Costello at least put the funds to good use and paid off the National Debt.

                Is that succinct enough for you.

                Commenter
                Amy
                Date and time
                September 02, 2011, 3:22PM
                • Down Down Down the only way is Down.If property prices rise in Australia in the next 5 years I'll be surprised,you can't have a 5 year property BOOM and then expect it to go on and on!!!!!The real estate gurus will say anything to turn a quick buck,but the truth is everyone spent the next 20 years income in the last 5 and the big 4 banks cheered all them on!!!!!!!Don't blame the government for your problems the blame lies squarely on the lending institutions and the people who were driven by pure gread!!!!!!!What goes up must come down always,if you want to blame someone have a look in the mirror because thats who caused most of your angst!!!!!!!!!!

                  Commenter
                  Westy
                  Date and time
                  September 02, 2011, 3:58PM
                  • Amy, sorry I forgot that bit of the conversation. Yeah, Hawke/Keating's selloffs netted at most $5bn where Howard/Costello's netted over $60bn. So not apples and apples there.
                    But really Amy, if you are to reply to this, I want you to tell me what this has to do with house prices.

                    Commenter
                    John of Caloundra
                    Date and time
                    September 02, 2011, 5:08PM
                    • A nations true wealth should be measured by the happiness and wellbeing of its people.

                      Happiness is typically measured using subjective measures - e.g. surveys - and/or objective measures. One concern has always been the accuracy and reliability of peopleâ??s responses to happiness surveys.[3] Objective measures such as lifespan, income and education, are often used as well as or instead of subjectively reported happiness, though this assumes that they generally produce happiness, which while plausible may not necessarily be the case. The terms quality of life or well-being are often used to encompass these more objective measures.

                      Property Prices are like shares.
                      Good news for some , bad news for others

                      Commenter
                      Richard
                      Date and time
                      September 02, 2011, 6:06PM

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