Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
and where do most the voters for federal elections reside? <br /><br />( hint: its not WA )
Nor is it Tasmania
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
Every cycle it’s the same thing: Perth / WA stagnates and relies on eastern states for benefits and funding. Mining kicks in and WA starts talk of secession and how they are capable of going it alone. Revenues start being distributed to other states that are not doing so well. Signs of slowdown emege and WA political party calls out the federal government as playing favourites and demand WA should be allowed to sit on its wealth… WA stagnates as economy peters out.. cycle resets..
but this cycle is different right ? you, BP and mike have born witness to this cycle time and again and know the fundamentals are -- oh .. wait... you were never here for the previous cycles..
What the bulls fail to realise is that WA is stilll hugely benefiting the multi-billion $$ borrow and infrastructure spend from the state government.
You guys have net even really got a taste of austerity yet. But it is coming in the second half of 2015.
Along with the winding down of the mega projects and the completion of Roy Hill mid year 2015.
In your dreams Perthite, in your dreams. Look at the State forecasts for growth etc.
You have been sold a lemon by dodgy gloomy websites who make money out of people by selling them a cheap house fantasy.
There will be no austerity imposed on WA, that is just a nonsense with the amount of wealth in this state.
Definition of a doom and gloomer from 1993 The last camp is made up of the doom-and-gloomers. Their slogan is "it's the end of the world as we know it". Right now they are convinced that debt is the evil responsible for all our economic woes and must be eliminated at all cost. Many doom-and-gloomers believe that unprecedented debt levels mean that we are on the precipice of a worse crisis than the Great Depression. The doom-and-gloomers hang on the latest series of negative economic data.
It does because you claim vacancy rate is rising when data suggests it is falling. You claim stock on market is rising when it is decreasing. Sales this winter are up over 2013 levels which was the best winter for 7 years. Sales are up.
Everything I see in the market place supports the data,while certainly not booming it is a healthy market. So who is right. My obervations and data which also agrees with my view point. Or yours which the data does not support. It would seem your vision in impaired or at least to biased in one direction to offer a balanced view point.
I don't keep stats on REIWA - but sales this week 806, 4 weks ago, 842, last year 900.
So it looks to be down 4% on last month, and down over 10% on last year.
Stock on market is falling - which can be a bad sign as sellers lose interest in a bad market.
Rentals decreasing, investors are bailing.
Not a good sign. Maybe you should follow the herd - you usually do.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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