Thread: Defenders on "Car Sales."

This so-called ‘recession’ doesn’t seem to be affecting Defender prices...they might become a bull market in the lead up to 2020.

The US Stockmarket doesn’t look like slowing down either. Run, bull, run. Longest bull market looks to keep going

Australia’s slow down is off the back of poor wages growth and companies putting it into profits instead. The rich are getting richer. the spin is a recession IMO.

so has the price dropped yet?

Originally Posted by Eevo

so has the price dropped yet?

Price of what? Food? No. Fuel? No. Housing? No, not really. Land Rovers? No. Although 5 year warranty on a $100K Disco 5 is ‘on sale’ ...bargain! Considering Discos cost $60K Just a few years ago.

Got the official valuations of our properties today and they are up.

Problem is, can people afford to buy them? When money is tight people keep their old clunkers running longer before replacing them.
Our friendly real estate agent says the word is developers have stopped buying development sites and are sitting on their hands waiting until after the NSW and federal elections, when they expect the end to uncertainty will see a lift in activity.
National exports are going well but the profits aren't flowing to consumers, who are tightening their belts. And the banks have made it significantly harder to get a housing loan.
Hopefully by mid year the uncertainty will ease, consumers will get wage rises and the economy will start moving again.

Originally Posted by DiscoMick

Got the official valuations of our properties today and they are up.

Hmm,not good for those that pay one of the unfairest taxes of all,land tax.

But lets not go there.

We don't want to get too far off topic again

Originally Posted by DiscoMick

Problem is, can people afford to buy them? When money is tight people keep their old clunkers running longer before replacing them.
Our friendly real estate agent says the word is developers have stopped buying development sites and are sitting on their hands waiting until after the NSW and federal elections, when they expect the end to uncertainty will see a lift in activity.
National exports are going well but the profits aren't flowing to consumers, who are tightening their belts. And the banks have made it significantly harder to get a housing loan.
Hopefully by mid year the uncertainty will ease, consumers will get wage rises and the economy will start moving again.

Isn’t this political Mick? Or is it the culture of financial markets that waits for election results?

Originally Posted by scarry

Hmm,not good for those that pay one of the unfairest taxes of all,land tax.

But lets not go there.

We don't want to get too far off topic again

No we won’t be discussing whose land is being taxed. Although driving Land Rovers across Land is also taxed. Defender prices still haven’t come down.