In the comments to my recent post on housing prices, Amon asked if a housing crash is a potential reality.
In my opinion, the answer to this question is a definite yes. In fact, it has happened in a western country before.
Entries from August 2007 ↓
Could the housing market in Australia crash?
August 22nd, 2007 — Australia, Money, Politics
Why Baby Boomers just don’t “get” the housing crisis
August 19th, 2007 — Australia, Interesting, Money
If I ready one more Baby Boomer whinging about how all young people these days are too picky about where they live, and back in their day their first house was a fibro shack in the outer suburbs so “stop whinging” I think I’ll just stop and scream. Too picky, my arse!
The point of this post is, of course, going to be about the “housing crisis” in Australia. It’s about how the Baby Boomer’s have the nerve to insult us for bringing up this point, to tell us that they remember paying 17% interest under Labor and how it was all so very bad back then, so quit your bitching and buy some tiny place in Ipswich that you can afford.
Continue reading →
My links for July 22nd through August 2nd
August 3rd, 2007 — Links
These are my links for July 22nd through August 2nd:
- Index funds - A look at Index Funds in Australia
- Turn on the top 40 and mourn the decade the music died -
- xbmc iphone remote - This is really cool! C’mon iPhone, come to Australia…
- Charitable music = Instant Karma! at twelvemajorchords - Beautiful John Lennon cover by Regina Spektor here…
- When Mobile Phones Aren’t Truly Mobile - New York Times - I’m glad things aren’t this bad in Australia…
