Buying a house in Perth? Knock 30% Off!
Sep 4th 2012, 12:43 pm
#1
Account Closed
Thread Starter
Joined: Mar 2009
Posts: 383
Buying a house in Perth? Knock 30% Off!
Well, all the stats and news are aligning, the labor government is taking its toll.
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
Sep 4th 2012, 12:56 pm
#2
_
Joined: Aug 2005
Location: Perth (ex Oxford)
Posts: 411
Re: Buying a house in Perth? Knock 30% Off!
Well, all the stats and news are aligning, the labor government is taking its toll.
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
Weren't you dishing out the same trite 3 years ago???
Sep 4th 2012, 1:05 pm
#3
Account Closed
Thread Starter
Joined: Mar 2009
Posts: 383
Re: Buying a house in Perth? Knock 30% Off!
When I lost my job, sure was.
Read the news, listen to the radio, watch the politics.... Where is Julia....run for the hills....
Read the news, listen to the radio, watch the politics.... Where is Julia....run for the hills....
Sep 4th 2012, 2:15 pm
#4
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Buying a house in Perth? Knock 30% Off!
Well, all the stats and news are aligning, the labor government is taking its toll.
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
Sep 4th 2012, 3:53 pm
#5
BE Forum Addict
Joined: Mar 2004
Location: Ridgewood , Perth
Posts: 3,134
Re: Buying a house in Perth? Knock 30% Off!
Well, all the stats and news are aligning, the labor government is taking its toll.
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
Last edited by moneypenny20; Sep 4th 2012 at 11:01 pm.
Sep 4th 2012, 9:52 pm
#6
(It's not my real name)
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
Re: Buying a house in Perth? Knock 30% Off!
I'm looking forward to picking up a cheap V8 ute, or maybe a Harley.
Sep 4th 2012, 9:57 pm
#7
Banned
Joined: Jul 2012
Posts: 3,300
Re: Buying a house in Perth? Knock 30% Off!
Well, all the stats and news are aligning, the labor government is taking its toll.
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
So the boom is over and correction to normality is here, no need to meet agents demand on rent and purchase prices.... Take em down 30% at least...
Jobs will be lost and projects halted.... Shares will slide and interstate workers wills slowly go back to their states....
It's all good..
Sep 4th 2012, 11:46 pm
#8
(It's not my real name)
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
Re: Buying a house in Perth? Knock 30% Off!
There will be lots of opportunities to make money in such an environment for those that know how. So it's not all bad.
Yes, we'll all get our "shorts" out this summer, if you know what I mean
Sep 5th 2012, 1:07 am
#10
(It's not my real name)
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
Sep 5th 2012, 1:35 am
#11
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Sep 5th 2012, 2:06 am
#12
BE Enthusiast
Joined: Nov 2009
Location: Dullsville
Posts: 672
Re: Buying a house in Perth? Knock 30% Off!
Perth is a giant Ponzi scheme. Outside building houses for new migrants and mining, there’s not much else to keep the Ponzi going. A lot of people are going to get hammered, I’m afraid. Could be as harsh as Ireland’s fallout.
As I’ve said many times before on this site in the past, Australia and especially Perth has priced itself out of the global economy – even Gina Rinehart is saying the exact same thing now.
The Lucky Country’s luck has run out.
Here's an excellent quote from Greg McKenna that sums it up my exact feelings for the last 3 years.
As I’ve said many times before on this site in the past, Australia and especially Perth has priced itself out of the global economy – even Gina Rinehart is saying the exact same thing now.
The Lucky Country’s luck has run out.
Here's an excellent quote from Greg McKenna that sums it up my exact feelings for the last 3 years.
Before, Australia looked so smart: it had escaped the GFC, its banks were worth more than Europe's (despite serving a tenth the population) and its residential property market continued to outstrip wages, rents and inflation.
But now, Australia looks dumb: it's hitched its wagon to a flailing Chinese dragon, its got a series of budgetary black holes and its political debate looks as crazy as a Republican primary.
In a week where the headline economic news is likely to be dominated by industrial production data, European central banks and US non-farm payrolls, there are some serious questions being raised about the state of affairs down-under.
What happened to Australia's counter-cyclicality? What happened to Australia's competitive advantage? Are Australia's banks really worth that much when you can get a Credit Suisse and a Standard Chartered for the price of a CBA?
Moreover, are Australia's houses good value when a shack in Byron costs more than a flat in Paris? Are Australian wages reasonable when a truckie in Kalgoorlie earns more than a team in Jo'burg? Is Australia's dollar fairly priced when it buys you an ice-cream in Brisbane for the same as a dinner in Singapore?
But now, Australia looks dumb: it's hitched its wagon to a flailing Chinese dragon, its got a series of budgetary black holes and its political debate looks as crazy as a Republican primary.
In a week where the headline economic news is likely to be dominated by industrial production data, European central banks and US non-farm payrolls, there are some serious questions being raised about the state of affairs down-under.
What happened to Australia's counter-cyclicality? What happened to Australia's competitive advantage? Are Australia's banks really worth that much when you can get a Credit Suisse and a Standard Chartered for the price of a CBA?
Moreover, are Australia's houses good value when a shack in Byron costs more than a flat in Paris? Are Australian wages reasonable when a truckie in Kalgoorlie earns more than a team in Jo'burg? Is Australia's dollar fairly priced when it buys you an ice-cream in Brisbane for the same as a dinner in Singapore?
Sep 5th 2012, 3:11 am
#13
Account Open
Joined: Jan 2005
Location: Brisbane
Posts: 4,298
Re: Buying a house in Perth? Knock 30% Off!
I had a read through that article by Greg McKenna.
It's a typical example of Australian journalism at its worst... lacking in substance, full of cliches/buzzwords, and jumping to conclusions, left, right and centre. To think that the author is the "chief investment strategist" of anything whatsoever, just beggars belief ! Then I had a closer look and found out that he is merely the chief investment strategist of a newsletter.
Anyway pomtastic, I can see why you love the article so much. Simply put, it re-affirms your current viewpoint.
It's a typical example of Australian journalism at its worst... lacking in substance, full of cliches/buzzwords, and jumping to conclusions, left, right and centre. To think that the author is the "chief investment strategist" of anything whatsoever, just beggars belief ! Then I had a closer look and found out that he is merely the chief investment strategist of a newsletter.
Anyway pomtastic, I can see why you love the article so much. Simply put, it re-affirms your current viewpoint.
Sep 5th 2012, 3:27 am
#14
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Buying a house in Perth? Knock 30% Off!
I had a read through that article by Greg McKenna.
It's a typical example of Australian journalism at its worst... lacking in substance, full of cliches/buzzwords, and jumping to conclusions, left, right and centre. To think that the author is the "chief investment strategist" of anything whatsoever, just beggars belief ! Then I had a closer look and found out that he is merely the chief investment strategist of a newsletter.
Anyway pomtastic, I can see why you love the article so much. Simply put, it re-affirms your current viewpoint.
It's a typical example of Australian journalism at its worst... lacking in substance, full of cliches/buzzwords, and jumping to conclusions, left, right and centre. To think that the author is the "chief investment strategist" of anything whatsoever, just beggars belief ! Then I had a closer look and found out that he is merely the chief investment strategist of a newsletter.
Anyway pomtastic, I can see why you love the article so much. Simply put, it re-affirms your current viewpoint.
Sep 5th 2012, 3:41 am
#15
Account Open
Joined: Jan 2005
Location: Brisbane
Posts: 4,298
Re: Buying a house in Perth? Knock 30% Off!
Call me cynical, but these are the final two sentences of the article:
Macro Investor is running a series of specials on how profit from the end of the mining boom. Take up your free 21 day trial today.
It's a crazy world we live in.
Actually on that note, I am getting really sick and tired of this recent trend in advertising. I'm fed up of seeing adverts dressed up as "news".... whether it be real estate articles, investment articles, the latest "news" from your friendly greengrocer on apples being in season "make sure you pick the ones that are green and crispy - they haven't been stored in our fridges for as long as the bruised ones", interviews with experts who funnily enough have a product or book to sell, the list goes on and on...
There is of course one exception to the above. The "brand power" ads presented by Sally Williams.
Macro Investor is running a series of specials on how profit from the end of the mining boom. Take up your free 21 day trial today.
It's a crazy world we live in.
Actually on that note, I am getting really sick and tired of this recent trend in advertising. I'm fed up of seeing adverts dressed up as "news".... whether it be real estate articles, investment articles, the latest "news" from your friendly greengrocer on apples being in season "make sure you pick the ones that are green and crispy - they haven't been stored in our fridges for as long as the bruised ones", interviews with experts who funnily enough have a product or book to sell, the list goes on and on...
There is of course one exception to the above. The "brand power" ads presented by Sally Williams.