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  1. #7321
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    Sometimes just sometimes your better to be on the shooting star as the tail is hard to get on
    Last edited by Greekwatchdog; 13-11-2020 at 02:39 PM. Reason: Poor grammar

  2. #7322
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    wall of money coming....?

  3. #7323
    Speedy Az winner69's Avatar
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    My mate Jared Dillian said this today ....seems to relate to stocks like OCA

    There is something about charts and data that investors find soothing--if it's backed up by numbers, it must be good.

    But few investment decisions are driven by quantitative concerns; they're driven by emotion, feelings, and cognitive bias.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #7324
    Speedy Az winner69's Avatar
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    Both ANZ and Westpac economists say double digit growth in house prices to continue through 2021

    Wonder what CBRE are doing in their models
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #7325
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    Quote Originally Posted by winner69 View Post
    My mate Jared Dillian said this today ....seems to relate to stocks like OCA

    There is something about charts and data that investors find soothing--if it's backed up by numbers, it must be good.

    But few investment decisions are driven by quantitative concerns; they're driven by emotion, feelings, and cognitive bias.

    Yep, most people make investing decisions on the basis of emotions and then engage in post-hoc motivated 'logical' reasoning that supports their initial, emotionally based, decision.

  6. #7326
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by winner69 View Post
    Both ANZ and Westpac economists say double digit growth in house prices to continue through 2021

    Wonder what CBRE are doing in their models
    Saw some survey yesterday in the Herald that reckoned 44% of Kiwi expats in the U.K. want to come home. Where will they all live ? If we can't even meet modest Kiwibuild targets we are undoubtedly facing a massive imbalance in housing demand over supply once they can squeeze in through the bottleneck at the border. No wonder economists are so bullish next year.
    Maybe there's a market for allowing 60 somethings to live in OCA apartments seeing almost everyone else has a minimum entry age of 70 years ?
    Last edited by Beagle; 17-11-2020 at 02:45 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  7. #7327
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    Quote Originally Posted by winner69 View Post
    Both ANZ and Westpac economists say double digit growth in house prices to continue through 2021

    But, hang on. Wasn't it the Westpac economists who reckoned the housing market would decline by 7%?
    Yet it's increased by 15%.
    Who can believe anything they say?

  8. #7328
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    Quote Originally Posted by TideMan View Post
    But, hang on. Wasn't it the Westpac economists who reckoned the housing market would decline by 7%?
    Yet it's increased by 15%.
    Who can believe anything they say?
    Oldy but a goody, Why did God create economists? To make weather forecasters look good.

  9. #7329
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    Quote Originally Posted by TideMan View Post
    But, hang on. Wasn't it the Westpac economists who reckoned the housing market would decline by 7%?
    Yet it's increased by 15%.
    Who can believe anything they say?
    I don’t think any of them got it right. Which is why the next result is going to smash it out of the park :-)

  10. #7330
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    Quote Originally Posted by Cyclical View Post
    I don’t think any of them got it right. Which is why the next result is going to smash it out of the park :-)
    First post on the oca thread, and recently brought in so go easy on me.

    Will the oca sale prices be adjusted as rapidly as the house prices are changing or is that a slow and steady lagging growth? Just thinking about the housing market growth has an impact on the earnings come January.

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