Do you think this is the start of a bear market or just a correction? I just want to see other people's opinion.
Is This a Correction or Bear Market
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the one true answer
42
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So long and thanks for the fish.
No one knows tbh
50/50 chance.
Time will tell, either way it's getting pretty messy.
Its neither, its a reaction to external factors that are beyond the markets control.
Does anybody know how likely the housing market is going to be insulated from this?
Like that old saying buy land because they’re not making anymore, which is and isn’t true I reckon, based on the number of new developments popping up all around the place.
Still, all the same, it’s a little worrying constantly hearing about markets going to shit.
Haha, thank you Rolts.
Like that old saying buy land because they’re not making anymore, which is and isn’t true I reckon, based on the number of new developments popping up all around the place.
Location Location Location !
Yeah true that. Some of the blocks they’re setting up in new developments are ludicrously small. Where are kids supposed to play? (not that I have any, yet).
If Australia experiences an epidemic and say 4% of the population dies then housing will not be safe.
Luckily we don't have the Liberal Party in power because they chronically under fund disaster response programs eg. NSW burning.
They do this because the wealthiest people in the country want to lower demand on taxes.
Oh shit they are in power.
Housing is safe. It will be standing while the owners will be long gone or handed down to their descendants.
The government's solution to an over supply in housing following a pandemic could be this:
http://westminster-consulting.com/Media/Blog/the-meaning-of-…"Housing is safe. It will be standing while the owners will be long gone"
Unless it's a Sydney tower block apartment.
Do you say that because there would ostensibly be less folks trying to fight over the supply of houses for sale, so value would then drop? That’s what I think you mean.
Yeah, I think the fires, and the coronavirus have both been quite unprecedented events, I’m not sure that Labor or the greens would have done a whole lot better.
But I certainly agree that we want a government that prepares for the worst, and hopes for the best.
You got down voted because everyone loves their houses, can't talk them down. If they had it their way they'd strip you of your citizenship due to unAustralian behaviour.
10% fall = Correction
20% fall = Bear marketWe are in between right now but feels like still heading down the slippery dip.
Don’t care, I sunk all my super into buying Tesla Model X, because I was told last week that they increase in value…
I'll reveal all, at no charge in 2 months time. Meanwhile hang in there
Coronavirus market. Neither correction or a bear.
Black… wait.. Red… wait… Idk.
Time to look at buying
Reserve banks will patch over it with more cheap money and market will get euphoric again
Then there will be very high inflation, rates will go up and the housing market will "crash" in 2025 back to 2020 levels… That sort of thing always happens after a pandemic.
Do you think this is the start of a bear market or just a correction? I just want to see other people's opinion.
Not falling for that one- not doing your assignment for you ;)
Yep it's a bear market so just sell your shares to me :)
It's an over reaction orchestrated by western govts in effort to tar the character of China.
60,000 people die each year from the common cold….. so why are they so concerned about this bug.
It is a corrections… and already world markets are beginning to rise.
There will be a flood of stimulus like cheap airfares etc….
Look at consumers now buy buy buy, so that is positive to the market.
Whatever you are smoking please share with us the source…… happy times in fantasy land
Made a motser on XJO out of the money PUT as an insurance policy.
Yes