Australian sub prime mortgage market. | Page 110 | FerrariChat
Buy

Australian sub prime mortgage market.

Discussion in 'Australia' started by Arvin Grajau, Aug 11, 2007.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

Page 110 of 123
  1. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2726 scud, Apr 16, 2009
    ??
     
  2. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    #2727 Aircon, Apr 16, 2009
    lol...it's Brett...don't try and understand it.
     
  3. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    #2728 b27, Apr 16, 2009
    Sorry, I pay it out.
     
  4. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    Oct 31, 2003
    14,875
    Melbourne Australia
    #2729 360C, Apr 16, 2009
    I got it Brettski :)
     
  5. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    24,033
    Coolum Beach AUSTRALIA
    Full Name:
    Karen H.
    #2730 kerrari, Apr 16, 2009
    My understanding is mortgage insurance really only benefits the banks - not going to do anything to ease the pain of people who can't / can no longer afford the roof they're camped under.
    Beg to differ with you Bobby - if the First buyers scheme isn't extended and unemployment keeps rising, ordinary house prices are going to sink like a stone.
     
  6. 360C

    360C F1 World Champ
    Lifetime Rossa Owner

    Oct 31, 2003
    14,875
    Melbourne Australia
    #2731 360C, Apr 16, 2009
    It works both ways.
     
  7. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    #2732 b27, Apr 16, 2009
    You have just passed your 1st kiwi english exam. Well done. :)
     
  8. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2733 Arvin Grajau, Apr 17, 2009
    it enables lenders to go to the market to raise capital,without it the system would collapse.
    My valuers doing not see the under 500k market sinking ,but yep unemployment is the key.One thing we have in our favour in Australia is a shortage of housing about 86,000 units,unlike the US where its about 1.5 homes per person.
     
  9. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2734 scud, Apr 17, 2009
    we need it to keep going
     
  10. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2735 Arvin Grajau, Apr 17, 2009
    why do you say that?
     
  11. Aircon

    Aircon Ten Time F1 World Champ
    BANNED

    Jun 23, 2003
    100,524
    Melbourne, Australia
    Full Name:
    Peter
    #2736 Aircon, Apr 17, 2009
    I can't believe I've had another end of week windfall. Sold MQG @ >$30.

    Thanks scud!

    Was probably silly to sell before it got to $120, but a win is a win.
     
  12. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2737 scud, Apr 17, 2009
    first time in a long time i can pick and choose the good from the bad, and not pay over the top in wages.
     
  13. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2738 scud, Apr 17, 2009
    i got it too eventually, i reckon i'll be in good debt for decades.
     
  14. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2739 Arvin Grajau, Apr 17, 2009
    easy to say but a lot of good people 's lives can be changed for ever in times like now.The 50 year old migrant whom loses his/her job might never work again.
    I'm more worried about civil unrest if unemployemnt goes over 12% in western countries,that is when society's like ours will collapse.
     
  15. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2740 scud, Apr 17, 2009
    i couldn't give a rats
     
  16. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2741 Arvin Grajau, Apr 17, 2009
    yea I do,but I guess I've scene a lot more in my 50 years.
     
  17. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2742 scud, Apr 17, 2009
    fair comment, i'm still a pup
     
  18. b27

    b27 F1 World Champ

    Oct 11, 2007
    15,781
    Melbourne, Australia
    Full Name:
    Brett
    #2743 b27, Apr 17, 2009
    Good point RB.
     
  19. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2744 Arvin Grajau, Apr 17, 2009
    your not a pup your a business man,its from my end having been in finance all my life,job loss may cause loss of home,then a marriage collapse and it goes on from their.
    I'm a beliver in times like this corporation need to keep people on and look to the future rather then the feathering their own corporate greed.
     
  20. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2745 scud, Apr 17, 2009
    but greed is good
     
  21. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2746 Arvin Grajau, Apr 17, 2009
    health and happiness is what its all about.
     
  22. EfiOz

    EfiOz Formula Junior

    Jul 26, 2005
    850
    Lago di Legana
    Full Name:
    Lucivius Maximus
    #2747 EfiOz, Apr 17, 2009
    The Yanks look like they're going to come out shooting.

    Boom in Gun Sales Fueled by Politics and the Economy
    http://www.time.com/time/nation/article/0,8599,1889886,00.html

    The National Guard carried out a "gun confiscation drill" in Ohio a couple of weeks ago.
    http://www.carrollspaper.com/main.asp?Search=1&ArticleID=7451&SectionID=1&SubSectionID=&S=1

    Could be on for young and old. soon.
     
  23. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,325
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #2748 Arvin Grajau, Apr 17, 2009
    fact is National Guard and the Army have been briefed about civil unrest.
     
  24. PAP 348

    PAP 348 Ten Time F1 World Champ
    Lifetime Rossa Owner

    Dec 10, 2005
    100,220
    Mount Isa, Australia
    Full Name:
    Pap
    #2749 PAP 348, Apr 17, 2009
    +1! :D:D

    Not looking for a business partner are ya? :eek::eek:
     
  25. scud

    scud F1 World Champ

    Oct 2, 2004
    11,803
    #2750 scud, Apr 17, 2009
    Show me the money
     
Page 110 of 123

Share This Page