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Chinese eye WA property
Topic Started: 9 Oct 2014, 03:09 AM (5,116 Views)
newjez
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Mike
9 Oct 2014, 12:43 PM


Good to see another 4,000 More jobs created then those lost for September in WA.

WA continues to create far more jobs then we have lost, very good news indeed.

http://www.abs.gov.au/ausstats/abs@.nsf/Latestproducts/6202.0Main%20Features2Sep%202014?opendocument&tabname=Summary&prodno=6202.0&issue=Sep%202014&num=&view=
You did read your link didn't you Mike? Or did you just see a number you liked and come in your pants?
Edited by newjez, 9 Oct 2014, 01:42 PM.
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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Jimbo
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Mike
9 Oct 2014, 01:16 PM
Just ask Alex to check IPs idiot he will confirm we are two different people separated by IP address. You are very desperate recently, is it upsetting to find so much positive data.

You will also find myself send BP have disagreed over Russia with BP being pro Russian and I small not. We also have very different views on the Middle East.
VPN?

Not desperate at all. I have cash in the bank from an overpriced sale in June. I am now like a kid in a lolly shop looking at all the things I can buy with my money.

You are a twat who bought a block for way too much and is now shitting his dacks.

I looked at Port Coogee four years ago and I could see the mad buying frenzy taking place and decided to stay out. I know some of the key players in the development and I have no doubt it will be a great place one day. In the meantime, like with every new marina development, there was a bunch of suckers who rushed in at the start to secure the best blocks and they paid over the odds.

Quote:
 
You will also find myself send BP have disagreed over Russia with BP being pro Russian and I small not. We also have very different views on the Middle East.


Disagreeing with your own sock puppet to maintain credibility. Wow, that has never been done before.
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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skamy
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Jimbo
9 Oct 2014, 12:34 PM
Not at all. I make a habit of buying houses on the cheap. Seriously thinking about Dawesville at the moment. I can massively upgrade in house type and get the marina and estuary life I want along with putting around a 100k profit in the bank. Not sure about the commute to work though, but I am putting the idea of home working a few days a week into my bosses head.
I am not in disagreement with you here at all. Where else in the world can you get 1029sqm of this for $950K. You might even get it cheaper if it has been stuck for a while. Where do you get data on how long properties have been on the market?


Posted Image
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.
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doubleview
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skamy
9 Oct 2014, 12:27 PM
LOL We all know that you and Leftee and doubleview and Timo are the same poster. It is obvious.


:dry:
Here here grandma all the bears know what u are!

Stop trying to divert us off the scent with straw mans & senile fluff.
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skamy
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Elastic
9 Oct 2014, 01:10 PM
If you don't have at least 4 personalities, you're selling yourself short.
Yeah my husband always said he loved me most for my personality as he had like 10 to choose between.
:dry:
doubleview
9 Oct 2014, 01:58 PM
Here here grandma all the bears know what u are!

Stop trying to divert us off the scent with straw mans & senile fluff.
You need to go confess your sins preacher man, you can't be abusing old biddies on the internet or you will be smote down with some of your own fire and brimstone.
Edited by skamy, 9 Oct 2014, 02:10 PM.
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.
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doubleview
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skamy
9 Oct 2014, 02:06 PM

You need to go confess your sins preacher man, you can't be abusing old biddies on the internet or you will be smote down with some of your own fire and brimstone.
In planet Skamy Just exactly what am I preaching?

I have to say u are comedy gold.....Truly some of the craziest shit..............we don't want u to dissapear of APF just yet.

Your property be all end all posts will be looked back upon in future years, prob case studies at universitys.

Not only Business but psychology
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Jimbo
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skamy
9 Oct 2014, 01:55 PM
I am not in disagreement with you here at all. Where else in the world can you get 1029sqm of this for $950K. You might even get it cheaper if it has been stuck for a while. Where do you get data on how long properties have been on the market?
I have no idea. I don't think the RE industry would want you to know that a property has been languishing. My own trick is to search on realestate.com.au and sort from oldest to newest.

You can google a property and type old at the end. This will bring up oldlistings (if there are any). Two properties I am looking at have been on the market for over a year and have both discounted. One has a failed offer so is ripe for further discounting.

The main thing is to follow a suburb for as long as you can before you buy. The longer you look, the better idea you get of prices and trends. Most people buy in very narrow time windows and that is when you can get sucked in to paying too much.

When I am looking to buy I track properties I am interested in by logging the details into a simple spreadsheet. I check old listings for previous selling prices and neighbouring property selling prices.

I also follow suburb trends by logging the number of properties for sale in my target suburb and tracking the changes week by week.

I compare asking prices to sold prices to gauge discounting.

I never rely on the REIWA numbers because they cover too broad a range of properties.

Like I said yesterday, Bouvard (or Wannanup whatever) shows price rises of 11.1% this year on REIWA but everything I have looked at is discounted and below the levels of two or three years ago?

If you map view Wannanup on realestate.com.au and then search each property in old listings, you will struggle to find anything that has risen in value.
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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Mike
9 Oct 2014, 12:43 PM


Good to see another 4,000 More jobs created then those lost for September in WA.

WA continues to create far more jobs then we have lost, very good news indeed.

http://www.abs.gov.au/ausstats/abs@.nsf/Latestproducts/6202.0Main%20Features2Sep%202014?opendocument&tabname=Summary&prodno=6202.0&issue=Sep%202014&num=&view=
Thee govt Giveth then takeith away..............
http://www.watoday.com.au/wa-news/wa-government-slashes-1500-public-sector-jobs-20141009-113krd.html
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Mike
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Jimbo
9 Oct 2014, 01:48 PM


Not desperate at all. I have cash in the bank from an overpriced sale in June. I am now like a kid in a lolly shop looking at all the things I can buy with my money.




To bad you undersold your own house, market is still rising


Quote:
 
The median price of land in Perth has skyrocketed by $40,000 over the past year.

Figures from REIWA show that in September 2013, the median price of land was $240,000 but as of this month, the price has risen dramatically to $277,780.


http://www.perthnow.com.au/realestate/news/perth-land-up-40000-to-be-most-expensive-of-australian-capital-cities/story-fnhlgriw-1227075202536

Prices have kept rising in October. Keep paying rent to the investor who house price is rising while you look to buy back into a rising market. Every week you delay you are bleeding cash, hence why you are here trying to talk down prices despite all the data showing you it is not happening. Better luck next year, you are a year to early as I said so months ago.
Edited by Mike, 9 Oct 2014, 02:47 PM.
http://mike-globaleconomy.blogspot.com.au/
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Jimbo
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Mike
9 Oct 2014, 02:45 PM
To bad you undersold your own house, market is still rising




There is a better house in a better location in the same area for 100k less. I am looking at it on Friday morning.

Meanwhile, my cash is in the bank and yours is tied up in an overpriced block in Port Coogee.

I know where I would rather be.
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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