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WA New Home Construction Set to Retreat for Years - HIA
Topic Started: 25 Aug 2014, 02:54 PM (2,986 Views)
Jimbo
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skamy
26 Aug 2014, 03:17 PM
This is excellent news for the construction workers coming of the mining contracts. Residential construction is much better for employment than mining construction.


You are missing the point entirely.

We are building for people who are already here. People who came in record numbers for the fruits of the mining boom.

We didn't build enough houses for them so those who could afford to buy bid up prices and those who rented had to compete in an environment of a very tight rental market. They bid up the rents to a point where buying new has now become a viable alternative to renting. The tight rental market and high rents prompted many to jump into the "win win" investment property market.

Many of those people we are building for are living in rentals. When their house is finished, they will leave an empty rental.

Migration to the state is falling. 457 applications down 41%. That is a massive drop in the largest working visa class.

Migrants move into rentals. Less migrants = less tenants.

We are on the verge of an apartment glut in the city as buildings complete at the same time as migration drops back.

Building houses in Perth is not better than mining construction work. Mining construction pays big bucks. I know because I have done both.

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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Veritas
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The building boom will be good for quite some time, great for jobs.


Yes, it is good for jobs.

But these seamless transition for mining works to res construction is pie in the sky.

How many times does this most obvious of points have to be made to you?

Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?

The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly.
Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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Perthite
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:re:

I actually spoke to a friend lately who was fifo but is now looking for work in Perth.

He thinks employers are scared that he is used to good money and will just leave at the drop of a hat.

So they don't hire him.
It is always a little sad to see an argument die... You guys really believed... too bad.
Edited by Perthite, 26 Aug 2014, 06:29 PM.
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Jimbo
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Perthite
26 Aug 2014, 06:22 PM
I actually spoke to a friend lately who was fifo but is now looking for work in Perth.

He thinks employers are scared that he is used to good money and will just leave at the drop of a hat.

So they don't hire him.
It is always a little sad to see an argument die... You guys really believed... too bad.
We avoided taking on ex fifo welders, boilermakers and pipe fitters after the GFC downturn for that very reason.

We knew that once work picked up again they would Fuck In Fly Out.

There is also a bit of resentment amongst the local workforce towards FIFO. Some of it is sour grapes because many locals applied for FIFO jobs but it was more a case of who you knew rather than what, that got you in.

There is not a lot of sympathy in Perth for people who were making $200k a year for attending pre starts and tool box meetings and only actually working for a few hours a day.

I love it when I go to site. Well paid "working" holiday with another weeks actual holiday every three weeks.





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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herbie
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Jimbo
26 Aug 2014, 08:31 PM
... I love it when I go to site ...

If you "love it" when you "go to site", I'm inclined to suspect you've not done any 30 hour shifts when on site? Or even pissy arsed little 14 hour plus ones as pretty much 'standard' - So are pretty much just a bludger like the bludgers you are throwing stones at?

And don't bother trying to tell me such shit isn't on as OH&S prohibits it. As I KNOW that when the heat is on, OH&S is something the industry gives lip service to but ignores. Though if one is a general run of the mill bludger in a general run of the mill bludger's role, yep, you can angle to have a bit of a cruise.
Edited by herbie, 26 Aug 2014, 08:48 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Jimbo
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herbie
26 Aug 2014, 08:47 PM
If you "love it" when you "go to site", I'm inclined to suspect you've not done any 30 hour shifts when on site? Or even pissy arsed little 14 hour plus ones as pretty much 'standard' - So are pretty much just a bludger like the bludgers you are throwing stones at?

And don't bother trying to tell me such shit isn't on as OH&S prohibits it. As I KNOW that when the heat is on, OH&S is something the industry gives lip service to but ignores. Though if one is a general run of the mill bludger in a general run of the mill bludger's role, yep, you can angle to have a bit of a cruise.
I have done some pretty big shifts on site when commissioning to a deadline. I know that OH&S gets conveniently chucked out the window when needed.

The same shit happens every day in my Perth based job but I don't get a nice dinner cooked for me and I do it for half the money.

Spare me the FIFO sob stories. My dad worked 6 and 1 in Dampier in the 70's and had the cost of the flight deducted from his wages and lived in a tin shed with four blokes on bunk beds.
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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Blondie girl
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herbie
26 Aug 2014, 08:47 PM
If you "love it" when you "go to site", I'm inclined to suspect you've not done any 30 hour shifts when on site? Or even pissy arsed little 14 hour plus ones as pretty much 'standard' - So are pretty much just a bludger like the bludgers you are throwing stones at?

And don't bother trying to tell me such shit isn't on as OH&S prohibits it. As I KNOW that when the heat is on, OH&S is something the industry gives lip service to but ignores. Though if one is a general run of the mill bludger in a general run of the mill bludger's role, yep, you can angle to have a bit of a cruise.
Herbs I think what you are saying is quite accurate.

The reason I say this is because my hubs & a colleague of his about 8 yrs ago went up North to get to a FIFO site to repair something. He absolutely hated every minute he was up there, they first had to go to induction, so much time was spent listening to repetition dribble. There were some blokes he said that enjoyed abusing their positions & he was aware that some did slack off a lot.

It's a situation of who you know really.

He described it as "going back to school". The only good thing he said to me was the food & aircond owing full on... Otherwise he couldn't wait to leave.. The bus felt like a school bus, & the minority of pretty women were treated like umm "princesses".


So, jimbo jumbo you would be great at dribbling wouldn't you?

Lol.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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herbie
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Jimbo
26 Aug 2014, 08:59 PM
I have done some pretty big shifts on site when commissioning to a deadline. I know that OH&S gets conveniently chucked out the window when needed.

The same shit happens every day in my Perth based job but I don't get a nice dinner cooked for me and I do it for half the money.

Spare me the FIFO sob stories. My dad worked 6 and 1 in Dampier in the 70's and had the cost of the flight deducted from his wages and lived in a tin shed with four blokes on bunk beds.
You still sound like a sooky babe crying and envious bludger to me - Though granted; Your Daddy probably wasn't.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Blondie girl
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herbie
26 Aug 2014, 09:10 PM
You still sound like a sooky babe crying and envious bludger to me - Though granted; Your Daddy probably wasn't.
Not everyone does FIFO Herbs

My Father did well in building stuff in West & North Perth, Dianella, East Fremantle & some other areas it was hard work, we were taught to top it up & learn from what he did.

Enough with the fifo spruiking, it's great for some people but not all.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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Jimbo
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Blondie girl
26 Aug 2014, 09:07 PM
So, jimbo jumbo you would be great at dribbling wouldn't you?
FIFO isn't the torturous life that many FIFO workers would have us believe.

I do FIFO for maybe 30% of my working year and it's actually bloody good.

I get paid for standing around chatting in the airport and sitting on a plane. I get three really good meals a day and I get a choice of what to eat and I don't pay for it.

I don't have to fight my way (unpaid) through traffic every day and every three weeks I get to come home and have a whole week off.

Because of the stupid money, we can afford to spend when I am on my R&R break so we go to Margs or Pemberton or Rotto.

I actually dislike all the standing around and pointless inductions but at $85+ an hour, I am not going to complain.






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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