Australian housing bubble thread

Discussion in 'Economics' started by m22au, May 21, 2010.

  1. m22au

    m22au

    by shorting Australian banks
     
    #171     Jun 9, 2017
  2. i960

    i960

    SLF would probably have some pretty significant correlation too.
     
    #172     Jun 9, 2017
  3. m22au

    m22au

    #173     Jun 10, 2017
  4. You said the same thing in May 2010 on post one of this thread. Even if you failed to enter into any shorts ( many of which would have lost serious money on this idea ), it would have been a distraction to taking much better investments at that time. Like going long US equities or ironically buying Australian property in the cities you claimed were in a bubble.
     
    #174     Jun 11, 2017
  5. m22au

    m22au

    You'll be pleased to know that I didn't short any Australian banks in 2010 and I did indeed by US equities instead.

    .
     
    #175     Jun 14, 2017
    Macca1 likes this.
  6. m22au

    m22au

    Corelogic monthly prices
    https://www.corelogic.com.au/news/type?q=hedonicIndex

    03 July 2017
    "Capital City Dwelling Values Rise 0.8% Over June Quarter"
    https://www.corelogic.com.au/news/capital-city-dwelling-values-rise-0-8-over-june-quarter

    Table of data from the above article:
    https://www.corelogic.com.au/resources/pdf/indices/indices-release/2017-07-03--indices.png

    Sydney +2.2% in June, +12.2% year-on-year, median $880k
    Melbourne +2.7% in June, +13.7% year-on-year, median $675k
    Combined capitals +1.8 in June, +9.6 year-on-year, median $635,000

    .
     
    #176     Jul 3, 2017
  7. m22au

    m22au

    01 March 2018
    "National Housing Values 0.8% Lower Since Peaking In September Last Year"
    https://www.corelogic.com.au/news/national-housing-values-08-lower-peaking-september-last-year

    Table of data from the above article:
    https://www.corelogic.com.au/sites/default/files/2018-03/2018-03-01-indicesresults.png

    Sydney -0.6% in February, -0.5% year-on-year, median $880k
    Melbourne -0.1% in February, +6.9% year-on-year, median $723k
    Combined capitals -0.3% in February, +2.0 year-on-year, median $655k

    .
     
    Last edited: Mar 8, 2018
    #177     Mar 8, 2018
  8. m22au

    m22au

    #178     Sep 3, 2018
  9. m22au

    m22au

    01 October 2018
    "Australia’s Housing Correction Marks Its Twelve Month Anniversary With Values Down 2.7% Since Peaking In September Last Year"
    https://www.corelogic.com.au/septemberhomevalueindexresults

    Table of data from the above article:
    https://www.corelogic.com.au/sites/...01_corelogic_home_value_index_oct_1_table.jpg

    Sydney -0.6% in September, -6.1% year on year, median $847,948
    Melbourne -0.9% in September, -3.4% year on year, median $697,457
    Combined capitals -0.6% in September, -3.7% year on year, median $642,531

    .
     
    #179     Oct 1, 2018
  10. And how does one deal with the carry on that given the huge dividend banks pay ? Risk free you can get 3% and the net dividend on banks is close to 6% annually . So you are minimum 9% behind annually . They dont call shorting Aust banks the widow maker for nothing
     
    #180     Oct 1, 2018