Comments on: Whitlam Institute Series on the Financial Crisis http://www.debtdeflation.com/blogs/2009/07/19/whitlam-institute-series-on-the-financial-crisis/ Analysing the Global Debt Bubble Sat, 31 Jul 2010 00:30:05 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Peter Si http://www.debtdeflation.com/blogs/2009/07/19/whitlam-institute-series-on-the-financial-crisis/comment-page-1/#comment-12784 Peter Si Sat, 25 Jul 2009 01:29:44 +0000 http://www.debtdeflation.com/blogs/?p=1893#comment-12784 It seems obvious to me that when banks drop their LVRs that they are directly admitting that they expect property prices to fall. Why else would they decrease LVRs? So the lower the LVR the greater the chance of property falling? Are there any graphs showing LVRs against property prices? Also, how different are LVRs between developers, investors and owner occupiers? "Just 12 months ago, banks would lend on an LVR (loan to valuation ratio) of 80 per cent. Today they are asking 60 (per cent) to 70 per cent," Matusik says. Deposits must be in cash and developers are often asked to provide a profile on each buyer. http://www.theaustralian.news.com.au/story/0,,25828871-25658,00.html It seems obvious to me that when banks drop their LVRs that they are directly admitting that they expect property prices to fall. Why else would they decrease LVRs? So the lower the LVR the greater the chance of property falling? Are there any graphs showing LVRs against property prices? Also, how different are LVRs between developers, investors and owner occupiers?

“Just 12 months ago, banks would lend on an LVR (loan to valuation ratio) of 80 per cent. Today they are asking 60 (per cent) to 70 per cent,” Matusik says. Deposits must be in cash and developers are often asked to provide a profile on each buyer.
http://www.theaustralian.news.com.au/story/0,,25828871-25658,00.html

]]> By: JamesC http://www.debtdeflation.com/blogs/2009/07/19/whitlam-institute-series-on-the-financial-crisis/comment-page-1/#comment-12775 JamesC Fri, 24 Jul 2009 10:10:13 +0000 http://www.debtdeflation.com/blogs/?p=1893#comment-12775 Hi Steve, I attended this session and thought the contributions from yourself and John Quiggan were very worthwhile. Big thanks must go to Guy Dobelle, yourself and John for coming out for a public lecture such as this, it is a great thing as a member of the public to be able to attend great informative presentations for a nominal fee. This apparently will be available on ABC FORA in a few days and Guy was of course hamstrung, being the man in brown, and I might point out to others to look in the video for Guys misplaced confidence in looking to buy a pair of volleys for you in your walk to Kosciusko bet with Rory Robertson. Having read the basis of the bet, I am perplexed by his confidence. If I don't think the coffee talk in the Reserve is on the ball with a joke bet, what confidence do I have that they are not in a deluding group think on other issues. Guys is obviously a very smart and accomplished person, what other explanation can their be for this volley joke? A greatly appreciated thanks should also go to the Whitlam institute and your Head of School. As someone working at an unnamed university I appreciate how difficult it can be between the two semesters. Thankyou Hi Steve,

I attended this session and thought the contributions from yourself and John Quiggan were very worthwhile. Big thanks must go to Guy Dobelle, yourself and John for coming out for a public lecture such as this, it is a great thing as a member of the public to be able to attend great informative presentations for a nominal fee.

This apparently will be available on ABC FORA in a few days and Guy was of course hamstrung, being the man in brown, and I might point out to others to look in the video for Guys misplaced confidence in looking to buy a pair of volleys for you in your walk to Kosciusko bet with Rory Robertson. Having read the basis of the bet, I am perplexed by his confidence. If I don’t think the coffee talk in the Reserve is on the ball with a joke bet, what confidence do I have that they are not in a deluding group think on other issues. Guys is obviously a very smart and accomplished person, what other explanation can their be for this volley joke?

A greatly appreciated thanks should also go to the Whitlam institute and your Head of School. As someone working at an unnamed university I appreciate how difficult it can be between the two semesters.

Thankyou

]]> By: alex78 http://www.debtdeflation.com/blogs/2009/07/19/whitlam-institute-series-on-the-financial-crisis/comment-page-1/#comment-12698 alex78 Wed, 22 Jul 2009 01:27:51 +0000 http://www.debtdeflation.com/blogs/?p=1893#comment-12698 I've had a breakthrough: Rate of bear blog posts =(1/(weekly average positive change in All Ords)^2)*K K=general 'vibe' constant dependent on free time, media bullish sentiment Seriously though, maybe we're seeing the mother of all dead cat bounces here. I wonder if it will top the Great Depression's? 40% wasn't it? I’ve had a breakthrough:

Rate of bear blog posts
=(1/(weekly average positive change in All Ords)^2)*K

K=general ‘vibe’ constant dependent on free time, media bullish sentiment

Seriously though, maybe we’re seeing the mother of all dead cat bounces here. I wonder if it will top the Great Depression’s? 40% wasn’t it?

]]> By: Chris http://www.debtdeflation.com/blogs/2009/07/19/whitlam-institute-series-on-the-financial-crisis/comment-page-1/#comment-12651 Chris Sun, 19 Jul 2009 22:17:30 +0000 http://www.debtdeflation.com/blogs/?p=1893#comment-12651 This should be a VERY interesting event. It would be good if the paper "After the crisis" is posted after. Unfortunately not everyone haunts Western Sydney. This should be a VERY interesting event.

It would be good if the paper “After the crisis” is posted after.

Unfortunately not everyone haunts Western Sydney.

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