They've gone from 2-3 calls per week to 8 calls per week. However will they handle the volume?
If the current rate of increase continues, they will be fielding 343,664,743,354 calls per week by this time next year.
------------------------------ " ... which is that all-too-familiar dynamic in Irish life where people tell lies, cover them up and create all sorts of collateral damage, sometimes spread out over decades, and never take responsibility." - Alan Glynn
This is a new treatment for fools. You cut a hole in the top of their heads and place a handful of green blowfly maggots into the hole. http://en.wikipedia.org/wiki/Maggot_therapy
Take a drive down Hay street from West Perth end to Subiaco, man there is some property for sale or rent.
One building in Saint Georges Terrace has 15,000m2 available. And new space entering the market by the day.
I used to live on that site when i was a kid.
Ned Flanders
12 Aug 2014, 05:06 PM
If the current rate of increase continues, they will be fielding 343,664,743,354 calls per week by this time next year.
Looks like there will be a bloodbath in commercial property in Perth in the next few years.
Whaddaya reckon Mustapha?
------------------------------ " ... which is that all-too-familiar dynamic in Irish life where people tell lies, cover them up and create all sorts of collateral damage, sometimes spread out over decades, and never take responsibility." - Alan Glynn
Looks like there will be a bloodbath in commercial property in Perth in the next few years.
Whaddaya reckon Mustapha?
You just want to see the signs. You can rent acres of office space. Just think of the jobs that have disappeared and the fools are building more, you guessed it OFFICE space. Supply and demand must just be a myth:)
Actually there are bugger all 'sub-prime' mortgages in Australia. Even before the GFC Australia's mortgage market had less than 5% lo-doc or no-doc loans, and since then they've all but disappeared. Fortunately for Australia, this isn't a realistic threat.
So the 100 billion in subprime loans claimed by the consumer advocacy group don't exist because stinkbug says they don't exist? I must say stinky you have really gone into damage control on this thread.
As for the bulls claiming the numbers are small so we should all dismiss the story, a tip of an iceberg is just that, a small indicator of what lies beneath the surface.
Nice post of the reality on the ground perthite. You have the bulls chasing their tails once again.
Shadow was hopelessly wrong about the Gold Bull Market. What else is he wrong about?
This will go where her other low doc inspired enquiry went - no where.
Unlike the 100,000 spruikers from Fairfax, News.ltd, every TV station, seminar parasites, SMSfund advisors, REAgents and their REI mouth pieces, all banks etc etc..... Im sure there is more
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