OCA - Oceania Group - retirement villages

[Habits]

Sorry, what does DMF stand for ?
Thanks

Deferred management fee. The deduction from the resident's payment

[Brain]

Moods changed a lot on this thread. Wasn’t to long ago that I thought that most posters (not all) should have been put on suicide watch.

[winner69]

HPI (House Price Index) down 1.9% in April from March - last three months down 3.5%.

Jeez ... that's an annualised figure over 20%

Maybe likes of ANZ are under estimating the fell in prices

Just as well doesn't impact Oceania else we'd go all gloomy again

[Muse]

HPI (House Price Index) down 1.9% in April from March - last three months down 3.5%.

Jeez ... that's an annualised figure over 20%

Maybe likes of ANZ are under estimating the fell in prices

Just as well doesn't impact Oceania else we'd go all gloomy again

Prices usually dip after March but not by that much. Looks nasty...

[BlackPeter]

HPI (House Price Index) down 1.9% in April from March - last three months down 3.5%.

Jeez ... that's an annualised figure over 20%

Maybe likes of ANZ are under estimating the fell in prices

Just as well doesn't impact Oceania else we'd go all gloomy again

Isn't it amazing how nonsensical linear extrapolations of a cyclical trend can be ?

Its like calculating how little daylight hours will be left for us come December, based on daylight hours dropping by one hour and twenty minutes in March alone. Jeez, at that velocity we will lose another 12 hours by December, i.e. no sun left in the day. However - just imagine come next January ... it will be negative daylight hours by then

[limmy]

Thanks Habits. I can read those postings again and understand those numbers better.
Cheers,
limmy

Deferred management fee. The deduction from the resident's payment

[Beagle]

"talking myself into buying some more"

what are the expense variances for those years.. If DMF increases outpace increases in expenses by a large margin well and good.... else ...not so good.

Yes I think that sums it up very nicely. Not getting carried away adopting too many of these unloved puppies because expenses have a bad and long established habit of growing at a very fast pace.

[davflaws]

Moods changed a lot on this thread. Wasn’t to long ago that I thought that most posters (not all) should have been put on suicide watch.

Fortunately I am of equable temperament. With 40% of our portfolio in OCA @ 131 it is just as well.

It may be some time before we break out the bubbles.

[Beagle]

Fortunately I am of equable temperament. With 40% of our portfolio in OCA @ 131 it is just as well.

It may be some time before we break out the bubbles.

Wow...you must spend a lot of time out there fishing to be chilled out about that !

[couta1]

Wow...you must spend a lot of time out there fishing to be chilled out about that !

You get used to being down and taking losses (Even very large ones) it helps you focus on whats really important in life, perhaps money has too much priority in your thinking and life?