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Truth is out in Perth; Bulls can't stop it
Topic Started: 14 Aug 2014, 02:13 PM (2,697 Views)
Jimbo
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Mike
14 Aug 2014, 03:10 PM
I will remind you of that comment in the future if you are still here.

Just Ask Newjez he has made so many bad calls we gave up quoting them as it took to long to find them all. But at least Newjez does know a lot more then you on the topic. He is still annoying though but a knowledgable annoyance.
Yes mate.

And I will be forever reminding you of your claim to have some kind of secret knowledge that you are keeping close to your chest.

This knowledge is held by you and a select few insiders alone. It has been undiscovered by the mainstream media and the population in general.

You can't divulge this secret, but you can reveal that its impact on house prices will be to force them upwards.


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Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Will
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I was in perth around March to April, I have to say there is a hell of a lot more apartments under construction in Brisbane then perth.

Not to say perth won't be oversupplied, but I reckon brissie will be oversupplied first.
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Elastic
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Will
14 Aug 2014, 06:20 PM
I was in perth around March to April, I have to say there is a hell of a lot more apartments under construction in Brisbane then perth.

Not to say perth won't be oversupplied, but I reckon brissie will be oversupplied first.
It all depends on where the new arrivals continue to go. Obviously Melbourne and Sydney are the preferred choices but Brisbane might start looking good because of the cheaper prices. Perth is not likely to have the same sort of population growth we've seen recently so it is more likely to be oversupplied.
Only a rat can win a rat race.

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herbie
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WA lost its triple A rating back in Sept last year apparently?

As a Brissie boy, my personal impression is that never bodes well for a State's economy???

PS: That said, I'd not personally touch the inner Brisbane unit market generally at this time either.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Massive
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herbie
14 Aug 2014, 07:39 PM
WA lost its triple A rating back in Sept last year apparently?
and now they are holding onto axed federal tax schemes to make a few extra hundred k a month here and there for a few months more ..

it really doesnt bode well for next state budget...
Edited by Massive, 14 Aug 2014, 07:53 PM.
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miw
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Massive
14 Aug 2014, 04:30 PM
There's been no loss sitting on the sidelines with a pile of USD in recent years. i still believe the dollar is far too overvalued for Australia to be competitive, so further slides will see it get cheaper again if the prices continue to bumble along as they have been ...
Here's hoping eh?
The truth will set you free. But first, it will piss you off.
--Gloria Steinem
AREPS™
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Perthite
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Massive
14 Aug 2014, 07:52 PM
and now they are holding onto axed federal tax schemes to make a few extra hundred k a month here and there for a few months more ..

it really doesnt bode well for next state budget...
It's toast... the ore price.

Skamy can tell us it is all ok as we cop tax hikes.
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Jimbo
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Massive
14 Aug 2014, 04:30 PM
There's been no loss sitting on the sidelines with a pile of USD in recent years. i still believe the dollar is far too overvalued for Australia to be competitive, so further slides will see it get cheaper again if the prices continue to bumble along as they have been ...
This one of the reasons I bought the yellow metal a couple of weeks ago. I think the Aussie has more potential to the downside than the up. The RBA has a bit of room to move rates and weaken our currency where the FED has nowhere to go other than negative or more QE.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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peter fraser
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newjez
14 Aug 2014, 02:43 PM
I reckon skamy should buy some units. Buy em all skamy! Perth is fine isn't it? You can't lose.
I agree there will be some good buys coming up.

I know that you were taking the piss, but we both know that it's a better plan than most have if you can get the timing right.
Any expressed market opinion is my own and is not to be taken as financial advice
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herbie
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peter fraser
14 Aug 2014, 08:10 PM
I agree there will be some good buys coming up.

I know that you were taking the piss, but we both know that it's a better plan than most have if you can get the timing right.
If you can buy cheap enough. And have a long enough timeframe re holding. 10 years minimum was always the go. Though I play safe and think more in terms of 15 years now. Though who's to know - It's a funny ole world.
Edited by herbie, 14 Aug 2014, 08:19 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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