Month: August 2008

August 18. Lies, canards, deceits, deceptions, fabrications, falsehoods, misrepresentations, untruths and statistics

Auction results, clearance rates, statistics that mislead. The media quote agents speaking of rallies, rising clearance rates and more aggressive bidding. Not at the auctions we attended over the weekend. The REIV spruiks the line that buyers have a positive reaction to the drop in interest rates. Really? They’re representing agents, not buyers. Agents need …

August 18. Lies, canards, deceits, deceptions, fabrications, falsehoods, misrepresentations, untruths and statistics Read More »

This morning’s ‘Age’ reports the sale of 25 Turnbull Avenue, Toorak (at $2,650,000) as the weekend’s top transaction. No fault of the paper’s – they can only report what the agents report to them – but we can assure you that we were bidding at auctions where properties sold for a great deal more. In …

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