Australians swoop in on U.S. foreclosures

[Heracles 417]

Disrespecting another member's wife's home country just as you do your own wife's. You're a class act.

shut up idiot and get a life.

[spookyturtle 9,465]

shut up idiot and get a life.

Tough guy. Show some respect, you're a guest.

[Gary and Alla 3,694]

Ukraine has a GDP per capita that is 18 times lower than Australia, 42 times lower the the socialist of socialist. In other words, a bad example on anything.

What fools like yourself fail to ever acknowledge is that the top 10 countries that offer the highest quality are all so-called socialist. Not one is a YeeHa [aimed at your roots] type of country - not one.

I always count on your answers to prove my point. Thanks.

Buying a flat in Ukraine is a good investment for me since I have a long term need for at least partial year housing there. How is it foolish to meet those needs for years to come for the price of $4000? If we use the flat for 60 nights per year (and it is usualy more like 75 nights) x $65 (the minimum one could pay for a lesser quality hotel room) I save $3,900 per YEAR, or more. That is what is called a "no brainer". A one year return on an investment is something anyone should buy into and far better than most Aussies are getting on buying US properties. AND I do not have to sell the property to reap a reward. THAT is having your cake and eating it too. Tell me how that is foolish. Please.

I do not and would not "invest" in Ukraine real estate, as in buy it for future specualation of sale, because Ukraine is an unstable Socialist country. On the other hand, Aussies INVEST in US property because they KNOW it is a good investment. It is a good investment because we have a market driven economy that will pay them returns. It is, in fact, a compliment to the USA. (as your article so well points out)

I wonder how much money Aussies are investing in those other 10 countries?

I shall not dignify your clumsy attempts at personal insults with an answer.

[mawilson 2,133]

The US property market was not driven by some big boom in anything; certainly not from the impoverished jumping the border to earn their $7 an hour. People were cooking the books, flipping houses like they were burgers, while others where approving loans that could clearly not be serviced. Whereas, less than 0.5% of Australian buyers are sub-prime.

But Australians owe WAY more money than Americans on their homes - household debt is definitely in bubble territory.

Australian Government and Household Debt (1976-2010):

And while the government is doing well, the private sector isn't.

Australian Government and Private Sector Debt (1976-2010):

[spookyturtle 9,465]

I always count on your answers to prove my point. Thanks.

Buying a flat in Ukraine is a good investment for me since I have a long term need for at least partial year housing there. How is it foolish to meet those needs for years to come for the price of $4000? If we use the flat for 60 nights per year (and it is usualy more like 75 nights) x $65 (the minimum one could pay for a lesser quality hotel room) I save $3,900 per YEAR, or more. That is what is called a "no brainer". A one year return on an investment is something anyone should buy into and far better than most Aussies are getting on buying US properties. AND I do not have to sell the property to reap a reward. THAT is having your cake and eating it too. Tell me how that is foolish. Please.

I do not and would not "invest" in Ukraine real estate, as in buy it for future specualation of sale, because Ukraine is an unstable Socialist country. On the other hand, Aussies INVEST in US property because they KNOW it is a good investment. It is a good investment because we have a market driven economy that will pay them returns. It is, in fact, a compliment to the USA. (as your article so well points out)

I wonder how much money Aussies are investing in those other 10 countries?

I shall not dignify your clumsy attempts at personal insults with an answer.

Good post. You owned him again.

[Heracles 417]

Good post. You owned him again.

Every single time someone responds you state this.

Aussies are not interested in buying anything from the Ukraine, not even wives.

[spookyturtle 9,465]

Every single time someone responds you state this.

Aussies are not interested in buying anything from the Ukraine, not even wives.

He also owned you a week or so ago when you disappeared. Remember?

Gary said:

http://www.visajourney.com/forums/topic/280143-australia-outperforms-the-us-on-yet-another-international-study/page__st__120 post 123

Help me out here, Heracles. I need to understand some things.

You are Australian and a man, so I gather. Correct so far? I presume you live in the USA somewhere and have an American wife? Correct? (stop me if I am wrong) So you made a decision to move here and marry this wonderful woman that made you want to give up the good life in AUS and come here? Right? Did you know all these bad things before you came or were you tricked by your devious American Wife? I mean what gives? Do you get to go back to AUS for visits? Alla goes to Ukraine 2-3 times per year and I go at least once. The first time she went back she couldn't wait to go back and the last time she couldn't wait to come home. I think she likes reliable hot water more than she admits. We just had a US and Canada vacation and she just wanted to "get home" and "sleep in my bed and take a bath in my tub". But it is important that she gets to go to Ukraine. She is the local hero when she arrives from "America!" with her gifts of "almost free" clothes and shoes (You forget to mention that everything is very expensive in Europe and the people make lots less money and a pair of those really good shoes cost a MONTH's pay. That tempers the joy just a little)

Alla loves Ukraine and will say good things about it, but she doesn't need to run down the USA to say something good about her country, and the good things about Ukraine do not make the USA bad, nor vice versa. Your pitiful and ignorant put-downs of Ukraine only show your complete lack of knowledge which is why I never argue the point. Besides it is always just a dodge because you can't argue with me logically about the issue, so you hurl insults at the country my wife is from. She thinks they have great schools there and our son will get his bachelors degree in Russia, but his master's in the USA. He will have a degree from both and she knows this is best.

I had the great adventure of living and working there and taking my holidays all over Europe and we still own a really nice flat there that we visit often. It is certainly worth keeping anyway. It is truly an interesting country and the people are really marvelous and friendly. They do not have a lot even though they work hard and long hours, but they will give it all to you if you are their friend. Pretty incredible stuff really. I do not say anything bad about Ukraine, I could, but why?

Maybe you should see your life here as an adventure and you would be a happier guy. Or buy a bunch of Fosters Lager and stay drunk...whatever works for you.

I can only say that if I ran down Ukraine the way you run down your wife's country (if you have a wife and live in the USA and are not just some pitiful troll living in the outback with a good internet connection) Well, I do not expect she would be sleeping naked next to me for very long. So what does your wife think of your continuous b!tching about her home country?

[Heracles 417]

But Australians owe WAY more money than Americans on their homes - household debt is definitely in bubble territory.

And while the government is doing well, the private sector isn't.

Private sector is indebted because of the cost of purchasing a house. Anyone who has purchased a house after 2006, will be paying through the roof. At a price that now makes even London look cheap. However, considering unemployment is low, demand is still strong and they have a bucket load of resources, I think the high prices are going to stay.

Think about it, look at where they are, when the rest of the first world is suffering. Where do you think these prices are going to go, when these countries begin to recover?

Matt85 on here said they would fall a while back, yet the have only rise since then.

.

He also owned you a week or so ago when you disappeared. Remember?

Not owned at all, you have some idiotic and werido bone to pick and get a kick out of someone [anyone] disagreeing with me. They could reply with a period, yet you will claim they 'owned' me.

Who else follows a person around on a forum? Seriously, what is wrong with you? Get over it.

Edited November 2, 2010 by Heracles

[Gary and Alla 3,694]

Good post. You owned him again.

But he is Aussie. It is like owning trash. How do you get rid of it?

[Gary and Alla 3,694]

Every single time someone responds you state this.

Aussies are not interested in buying anything from the Ukraine, not even wives.

And every time I post you respnd with either ________________________________ or a personal insult. Way to go. Now I own trash. Can it at least be recycled?

Private sector is indebted because of the cost of purchasing a house. Anyone who has purchased a house after 2006, will be paying through the roof. At a price that now makes even London look cheap. However, considering unemployment is low, demand is still strong and they have a bucket load of resources, I think the high prices are going to stay.

Think about it, look at where they are, when the rest of the first world is suffering. Where do you think these prices are going to go, when these countries begin to recover?

Matt85 on here said they would fall a while back, yet the have only rise since then.

.

Not owned at all, you have some idiotic and werido bone to pick and get a kick out of someone [anyone] disagreeing with me. They could reply with a period, yet you will claim they 'owned' me.

Who else follows a person around on a forum? Seriously, what is wrong with you? Get over it.

And what was YOUR response to the post?

[Heracles 417]

But he is Aussie. It is like owning trash. How do you get rid of it?

Not one for data are you old man. Your Vermont home could not purchase a deck in AUS, heck their trash probably is worth more than your house.

After all, recycling is mandatory over there. Best parts of Vermont could not compete with a landfill in AUS, let alone your original lonestar state.

Edited November 2, 2010 by Heracles

[Gary and Alla 3,694]

Not one for data are you old man. Your Vermont home could not purchase a deck in AUS, heck their trash probably is worth more than your house.

After all, recycling is mandatory over there. Best parts of Vermont could not compete with a landfill in AUS, let alone your original lonestar state.

So where can I sell this valuable Aussie trash?

He also owned you a week or so ago when you disappeared. Remember?

Gary said:

http://www.visajourney.com/forums/topic/280143-australia-outperforms-the-us-on-yet-another-international-study/page__st__120 post 123

Help me out here, Heracles. I need to understand some things.

You are Australian and a man, so I gather. Correct so far? I presume you live in the USA somewhere and have an American wife? Correct? (stop me if I am wrong) So you made a decision to move here and marry this wonderful woman that made you want to give up the good life in AUS and come here? Right? Did you know all these bad things before you came or were you tricked by your devious American Wife? I mean what gives? Do you get to go back to AUS for visits? Alla goes to Ukraine 2-3 times per year and I go at least once. The first time she went back she couldn't wait to go back and the last time she couldn't wait to come home. I think she likes reliable hot water more than she admits. We just had a US and Canada vacation and she just wanted to "get home" and "sleep in my bed and take a bath in my tub". But it is important that she gets to go to Ukraine. She is the local hero when she arrives from "America!" with her gifts of "almost free" clothes and shoes (You forget to mention that everything is very expensive in Europe and the people make lots less money and a pair of those really good shoes cost a MONTH's pay. That tempers the joy just a little)

Alla loves Ukraine and will say good things about it, but she doesn't need to run down the USA to say something good about her country, and the good things about Ukraine do not make the USA bad, nor vice versa. Your pitiful and ignorant put-downs of Ukraine only show your complete lack of knowledge which is why I never argue the point. Besides it is always just a dodge because you can't argue with me logically about the issue, so you hurl insults at the country my wife is from. She thinks they have great schools there and our son will get his bachelors degree in Russia, but his master's in the USA. He will have a degree from both and she knows this is best.

I had the great adventure of living and working there and taking my holidays all over Europe and we still own a really nice flat there that we visit often. It is certainly worth keeping anyway. It is truly an interesting country and the people are really marvelous and friendly. They do not have a lot even though they work hard and long hours, but they will give it all to you if you are their friend. Pretty incredible stuff really. I do not say anything bad about Ukraine, I could, but why?

Maybe you should see your life here as an adventure and you would be a happier guy. Or buy a bunch of Fosters Lager and stay drunk...whatever works for you.

I can only say that if I ran down Ukraine the way you run down your wife's country (if you have a wife and live in the USA and are not just some pitiful troll living in the outback with a good internet connection) Well, I do not expect she would be sleeping naked next to me for very long. So what does your wife think of your continuous b!tching about her home country?

Spooky. That was copyrighted material. But, OK, I give you permission to re-post it.

[Heracles 417]

So where can I sell this valuable Aussie trash?

You have to be able to afford to buy, before you can think about selling.

You're not dealing with some shitty ex-Texan / poor Ukrainian here bud.

Edited November 2, 2010 by Heracles

[mawilson 2,133]

Matt85 on here said they would fall a while back, yet the have only rise since then.

They will fall. Asset bubbles and market crashes are always a matter of timing, and

timing a bubble top is a hard thing to do. That said, there are a number of indicators

(price to income ratio, deposit to income ratio, the median multiple, affordability, etc)

that can be used to evaluate whether a given real estate market is experiencing a bubble.

There's no reason to believe that Australia is somehow special if the same levels have

proven unsustainable in other countries.

[Heracles 417]

They will fall. Asset bubbles and market crashes are always a matter of timing, and

timing a bubble top is a hard thing to do. That said, there are a number of indicators

(price to income ratio, deposit to income ratio, the median multiple, affordability, etc)

that can be used to evaluate whether a given real estate market is experiencing a bubble.

There's no reason to believe that Australia is somehow special if the same levels have

proven unsustainable in other countries.

Strict government regulation and a large stimulus at the right time helped them surf the Tsunami. They have illustrated their approach work by not having a single recession since 1988. Quite a simply strategy too, kick out or jail and wall-street type reckless crooks.

You have to keep in mind, house prices are not what drives Aussies or the country. Their focus is on Q.O.L and so forth. The house prices are simply a byproduct of people wanting to move there and the country's overall prosperity.

Fact is, had the US had in place Australia's rules [laws], the current crisis would have been avoided. Had the US utilized Australia's policy towards illegal aliens and immigration is a whole, a majority of average Joe workers here too would be earning a decent salary. The average Joe there does not have to compete with GondzalezMonzales for $6 an hour work. Supply and demand 101. Now add in the $14 plus minimum wage and their prosperity makes a lot of sense.

Who loses under their system? The megawealthy, hence why Murdoch packed up and joined the crooks in NYC. They're not spreading the wealthy at all there, they are simply demanding Australian workers be paid a legitimate [livable] base salary for their work.

Edited November 2, 2010 by Heracles