Miner BHP Billiton cuts 2,100 WA jobs!
Jan 22nd 2009, 4:15 pm
#91
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
I'm not talking about the end of the economic boom. I'm talking about what I see as the questionable morals of people benefiting - and by that very benefit causing stress to others in such a fundamental area as housing.
Jan 22nd 2009, 4:16 pm
#92
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
Tis funny but the two guys on here who work in the public sector know lots of people with investment properties who are bleating about making losses. Yet I who works in the mining sector, with a large proportion of people who moved to Perth recently has never heard a single person make that complaint.
Jan 22nd 2009, 4:17 pm
#93
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
I know a few average Joes who own rental properties, they, like me, are very sceptical about super and prefer to have a bit of a say in their futures...
Jan 22nd 2009, 4:17 pm
#94
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
Just curious, but are there more poms or Aussies in that position (relative to the total number of those groups). I have a theory that Aussies are bigger risk takers than us poms and will have gambled more.
Jan 22nd 2009, 4:18 pm
#95
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Jan 22nd 2009, 4:19 pm
#96
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
The ones I'm thinking about are Scottish, also another is Australian.
Jan 22nd 2009, 4:20 pm
#97
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
Sorry, I was being sarky, but because I find it hard to say what I need to in writing and I get frustrated! if that makes sense....
I get where you are coming from, but we have worked hard and believe me have gone without many things especially in the last two years. I guess I just get a little shitty when people make comments about how wrong it is to have two properties when you don't know anything about them or their circumstances. We have made big sacrifices and will continue to for the foreseeable future, we have struggled to buy this property to make ours and our families future better. It hasn't taken us 5 minutes to get here and will take us much more to get where we need to be, but thats our choice. I won't sit back and pass on this opportunity because I feel sorry for people who can't afford to buy a house (and believe me. I do!) We all have to do what we need to do, its the way of the world for some to have more than others, but don't assume its ALWAYS easy for someone to appear have more...
I get where you are coming from, but we have worked hard and believe me have gone without many things especially in the last two years. I guess I just get a little shitty when people make comments about how wrong it is to have two properties when you don't know anything about them or their circumstances. We have made big sacrifices and will continue to for the foreseeable future, we have struggled to buy this property to make ours and our families future better. It hasn't taken us 5 minutes to get here and will take us much more to get where we need to be, but thats our choice. I won't sit back and pass on this opportunity because I feel sorry for people who can't afford to buy a house (and believe me. I do!) We all have to do what we need to do, its the way of the world for some to have more than others, but don't assume its ALWAYS easy for someone to appear have more...
I suppose in the end it's the system which is at fault. Someone once asked on here if you would be allowed to distort the market for basic necessities such as bread and milk as you are for housing - pretty perceptive I thought.
I think you probably needed to have been in Perth to witness the very extremes of greed - I've never seen anything like the last few years.
Jan 22nd 2009, 4:20 pm
#98
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
My bad. You are a teacher from memory. I was just trying to encapsulate those of you who work in "steady" jobs that are not especially affected by the strength of the economy versus those of us in industry that are more prone to the whims of the market.
Jan 22nd 2009, 4:22 pm
#99
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
In fact, at the height of the boom a lot of investment property (mainly flats) was kept empty so as not to have the tiresome bother of dealing with tennants whilst the property continued its upward march of capital gain.
Jan 22nd 2009, 4:22 pm
#100
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
I am, but in the private sector - and, I suspect, relatively well-paid.
Jan 22nd 2009, 4:23 pm
#101
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Jan 22nd 2009, 4:27 pm
#102
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
One of my oldest friends bought a fibro house in Geraldton when her and her hubby split up, she was easily able to afford it. They are back together now and the property is rented out, she says its criminal how much more she would get for it now if she were to sell it, and that she would never afford the mortgage on it if she were to buy it now. I saw the house
Our house has only gained $100K in 5 years and we have really renovated it. Thats not a brag BTW, just to give you some idea. Its a steady rise and thats why I think that Melbourne (or areas of it) won't feel it half as badly as a lot of areas.
Jan 22nd 2009, 4:27 pm
#103
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Jan 22nd 2009, 4:30 pm
#104
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
Even if I could afford it I wouldn't ever have an investment property, it was stressful enough renting my house out in the UK for the first three years dealing with tennants who don't pay rent, plumbers pretending the drains had collapsed etc...
In fact, at the height of the boom a lot of investment property (mainly flats) was kept empty so as not to have the tiresome bother of dealing with tennants whilst the property continued its upward march of capital gain.
In fact, at the height of the boom a lot of investment property (mainly flats) was kept empty so as not to have the tiresome bother of dealing with tennants whilst the property continued its upward march of capital gain.
But, at the end of the day, its still mine to do with what I want when I want (in terms of selling, renting, leaving, holidaying or using it for equity etc etc)
Jan 22nd 2009, 4:30 pm
#105
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Re: Miner BHP Billiton cuts 2,100 WA jobs!
We have seen bananas and lettuce prices skyrocket that I can remember too.
I think even bread and milk prices are at the free will of the market.
