Daniel.Yo

[Daniel.Yo @DanielYo_AU]

@AvidCommentator @tinbot88 U been to a shopping centre lately? Dead quiet. Was at high point this week, bought something from a homeware shop, owner said I was only the 3rd sale for the day… it was 4pm.

[Daniel.Yo @DanielYo_AU]

@TMFScottP Governement give $ back if there’s a captial loss then right 😅?

[Daniel.Yo @DanielYo_AU]

@AvidCommentator @SantiagoAuFund @ttmygh @nglinsman Imagine how many of those were written with people lying about their income/expenses on top of that

[Daniel.Yo @DanielYo_AU]

@afcDW Who cares what media/social media thinks, just crack on and enjoy the title if/when it comes 👍

[Daniel.Yo @DanielYo_AU]

@AvidCommentator Yeah, equity mate

[Daniel.Yo @DanielYo_AU]

@AvidCommentator Regardless of the pace of rate hikes the marginal borrower still won’t be able to afford mortgage repayments when they’re this high.. surely at best it would only reduce the pace of price declines?

[Daniel.Yo @DanielYo_AU]

@biancoresearch If fed cuts and qe again wouldn’t all be happy with getting back on the Fed put gravy train?

[Daniel.Yo @DanielYo_AU]

@AvidCommentator speculation… 40 years ago money started to become cheaper and cheaper… until now.

[Daniel.Yo @DanielYo_AU]

@asammakieh @PeteWargent Guess that makes sense to offer for those with a decent LVR

[Daniel.Yo @DanielYo_AU]

@AvidCommentator @simon_ree Yeah plenty of those people loving life. There’s be plenty of households that bought say before 3 years will minimal deposit that will approach negative equity if prices keep dropping sharply. Equity withdrawal will slow down considerably.

[Daniel.Yo @DanielYo_AU]

@AvidCommentator @simon_ree That’s really interesting. Could it be because property price falls only recently started to accelerate? Would think that as the decline increases people will surely slow down their home ATM withdrawls.

[Daniel.Yo @DanielYo_AU]

@AvidCommentator So what would the rate be that banks base serviceability on for their stress test?

[Daniel.Yo @DanielYo_AU]

@AvidCommentator People would have been in the same boat just a couple of years later had they kept to their word anyway.

[Daniel.Yo @DanielYo_AU]

@PeteWargent U reckon we’d go down the lockdown road again?

[Daniel.Yo @DanielYo_AU]

@IFM_Economist @PeteWargent Reaping the benefits of coal/LNG exports whilst claiming net zero credentials 👌

[Daniel.Yo @DanielYo_AU]

@PeteWargent I hear a lot anecdotally, particularly in trades that a lots of young people just dont wanna take the jobs offered to them, let alone turning up to interviews. I suspect many have thought they could make money in crypto/stock markets, govt payouts, lazy etc. Got any data on this?

[Daniel.Yo @DanielYo_AU]

@MacroAlf Heaven forbid you ask for Parmesan cheese on your seafood pasta as well 😅

[Daniel.Yo @DanielYo_AU]

@AvidCommentator @DFA_Analyst Isn’t this the main reason why people go to mortgage brokers, so they can get a dodgy loan approved?

[Daniel.Yo @DanielYo_AU]

@NorthmanTrader You could say the same about every asset that’s tanked 90% though