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Perth is a mining town
Topic Started: 17 Oct 2014, 08:00 PM (3,615 Views)
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Perth is a lovely place. It's also one big mother of a mining town.

The RBA's 'shift from mining to construction' will eventually help cushion the blow for Perth, but let's be honest - the lag caused by red tape in construction during the boom times hasn't been a positive thing, and this will eventually bite many Perthites in the backside if it hasn't already.

Personally I've been bullish on QLD for the last couple of years, and I still believe they will get their time in the sun.

Let's at least be honest though. Perth has had theirs already.
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Blondie girl
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:z:

Whose bum is really bitten ?

Those who can hold & maintain or those who didn't play well in getting their FIFO wages crap together? ..to make the most of it & get the home they wanted?

Edited by Blondie girl, 17 Oct 2014, 11:01 PM.
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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17 Oct 2014, 08:00 PM
Perth is a lovely place. It's also one big mother of a mining town.

The RBA's 'shift from mining to construction' will eventually help cushion the blow for Perth, but let's be honest - the lag caused by red tape in construction during the boom times hasn't been a positive thing, and this will eventually bite many Perthites in the backside if it hasn't already.

Personally I've been bullish on QLD for the last couple of years, and I still believe they will get their time in the sun.

Let's at least be honest though. Perth has had theirs already.
Meanwhile Perth hits an all time high in price.
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Blondie girl
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NowI wonder if the op doesn't actually live in Perth...

Wonder who the moron is ....

Oh
No
It's.....
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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17 Oct 2014, 11:37 PM
Meanwhile Perth hits an all time high in price.
While stock levels are increasing, and rents are falling.

That's the whole point.
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Blondie girl
18 Oct 2014, 12:08 AM
NowI wonder if the op doesn't actually live in Perth...

Wonder who the moron is ....

Oh
No
It's.....
Which part of the op don't you agree with, and why?
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Steve99
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17 Oct 2014, 08:00 PM
Perth is a lovely place. It's also one big mother of a mining town.

The RBA's 'shift from mining to construction' will eventually help cushion the blow for Perth, but let's be honest - the lag caused by red tape in construction during the boom times hasn't been a positive thing, and this will eventually bite many Perthites in the backside if it hasn't already.

Personally I've been bullish on QLD for the last couple of years, and I still believe they will get their time in the sun.

Let's at least be honest though. Perth has had theirs already.
'shift from mining to construction'

What they really mean and this includes all government both state and federal, all tv and newspaper talking heads along with REAgent VI"s is that the shift will be from mining to 'HOUSE PRICE RISES' a big difference
Now with the lower wages in aggregate that will be happening in Perth the easy way to make this transition to construction would be to release so much land that the punters actually can afford it and have some choice, The real cost of development and with a profit margin built in given a minimal amount of competition (of which there is little to none right now) would be land selling from $60 - $100k (good area with 1000m blocks) Given that situation, building boom would happen. It wont as there are too many greedy parasite interests to protect. It requires far more man hours, materials and thought to produce a $200k house build than provide a 1000m block of land fully serviced, far more, yet today we pay more for the land, no matter how far out in the cities boondocks it is.n Especially Australia where land should be a birth right, even an immigration right.
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Foxy
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Zero is coming...

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17 Oct 2014, 08:00 PM
Perth is a lovely place. It's also one big mother of a mining town.

The RBA's 'shift from mining to construction' will eventually help cushion the blow for Perth, but let's be honest - the lag caused by red tape in construction during the boom times hasn't been a positive thing, and this will eventually bite many Perthites in the backside if it hasn't already.

Personally I've been bullish on QLD for the last couple of years, and I still believe they will get their time in the sun.

Let's at least be honest though. Perth has had theirs already.
Yes,

Note that the population of Western Australia has doubled during the boom.

Peter
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Mustapha Mond
18 Oct 2014, 10:25 AM
Yes,

Note that the population of Western Australia has doubled during the boom.

Peter
I see exactly what you mean by that comment. I'm sure others will miss it though.
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Blondie girl
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For the "guest op "

There's a mix of sweet & sour with Perth.

It's depends on how what ones position is financially.

SQM Louis (-aka... "Dragon gm" ) did make a prophetic call ... That Perth was only "for the brave". Back in 2012....

Have a good think about that.
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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