Welcome Guest [Log In] [Register]


Reply
  • Pages:
  • 1
  • 2
  • 13
WA population growth has crashed.; Slowest in 8 years and forecast to fall.
Topic Started: 20 Dec 2014, 12:45 PM (14,088 Views)
Jimbo
Member Avatar


Mike
20 Dec 2014, 04:20 PM
I like how you ignored how much money you lost or spent while waiting for this crash, plus no comment on the money you have made since with your investments of the proceeds as you owned your home. Sounds to me like you have lost a pile on money and you know it.

I haven't lost anything. I have made more from my invested capital than I would have made by keeping my house.

Quote:
 
So happens if prices keep rising and in come months from no Perth is another 4-5% higher. You will then have been renting for a year or more and still waiting. Your losses will be being very significant by this point.
That is not going to happen.
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.
Profile "REPLY WITH QUOTE" Go to top
 
TheTruth
Default APF Avatar


Jimbo
20 Dec 2014, 04:28 PM
I haven't lost anything. I have made more from my invested capital than I would have made by keeping my house.
So you say, but so far all you have done is make retrospective trading and selling claims.

I'm yet to see you tell the truth about anything.
Profile "REPLY WITH QUOTE" Go to top
 
Perthite
Member Avatar


TheTruth
20 Dec 2014, 04:27 PM
You took it hook line and sinker didn't you.

http://www.abs.gov.au/ausstats/abs@.nsf/mf/3101.0

Highest rate of growth in the country.
Please explain to me how this will underpin current levels of residential construction.

:re:
Profile "REPLY WITH QUOTE" Go to top
 
Jimbo
Member Avatar


TheTruth
20 Dec 2014, 04:30 PM
So you say, but so far all you have done is make retrospective trading and selling claims.

I'm yet to see you tell the truth about anything.
Using "The Truth" handle now are we Mike?
Mike, you are a twat. I stated clearly when I sold my property, bought gold, how much I had bought and the price I paid. I stated that I was mostly out of stocks back in August.

You are pooping your pants because every prediction you have made has gone tits up. Population will not grow by 70,000, Iron Ore is not $140 a tonne.

Everything you post tells me that you are leveraged to the hilt in Perth property and without exponential growth going forward, you are well and truly stuffed.

You try and spruik using a variety of handles and you clutch at straws by hyping up anything that you can spin as a positive. Fuck me, you even tried to put a positive slant on collapsing immigration rates?

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.
Profile "REPLY WITH QUOTE" Go to top
 
TheTruth
Default APF Avatar


Jimbo
20 Dec 2014, 04:44 PM
Using "The Truth" handle now are we Mike?
Mike, you are a twat. I stated clearly when I sold my property, bought gold, how much I had bought and the price I paid. I stated that I was mostly out of stocks back in August.

You are pooping your pants because every prediction you have made has gone tits up. Population will not grow by 70,000, Iron Ore is not $140 a tonne.

Everything you post tells me that you are leveraged to the hilt in Perth property and without exponential growth going forward, you are well and truly stuffed.

You try and spruik using a variety of handles and you clutch at straws by hyping up anything that you can spin as a positive. Fuck me, you even tried to put a positive slant on collapsing immigration rates?
I'm not Mike you dimwit.

Please, can you link me to your posts?
Perthite
20 Dec 2014, 04:42 PM
Please explain to me how this will underpin current levels of residential construction.

:re:
In simple terms Perthite, they need some where to live.
Edited by TheTruth, 20 Dec 2014, 04:51 PM.
Profile "REPLY WITH QUOTE" Go to top
 
Jimbo
Member Avatar


TheTruth
20 Dec 2014, 04:27 PM
Highest rate of growth in the country.
Funny that Mike says exactly the same thing. But then you are Mike anyway so that makes sense.

It doesn't matter what the growth rate is. If it is below expectations it is a negative. This print is way below expectations and when you look at the numbers, it is getting a hell of a lot worse.

Simple economics, but if the rental vacancy rate and sales listings have increased on a year ago, what will happen with even fewer people arriving?

What will happen when all of those apartment buildings in Perth are completed? Will developers start new projects with fewer people coming here?

Will more or less people come to WA in the face of a darkening resources outlook?
TheTruth
20 Dec 2014, 04:49 PM
I'm not Mike you dimwit.

No, Mike is you.

Quote:
 
Please, can you link me to your posts?
Why? You contribute fuck all to this forum apart from cheerleading Mikes comments. But then you and he are the same person.
Edited by Jimbo, 20 Dec 2014, 04:58 PM.
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.
Profile "REPLY WITH QUOTE" Go to top
 
Perthite
Member Avatar


TheTruth
20 Dec 2014, 04:49 PM
I'm not Mike you dimwit.

Please, can you link me to your posts?

In simple terms Perthite, they need some where to live.
Do 100,000 new residents require the same amount of housing as 45,000?
Profile "REPLY WITH QUOTE" Go to top
 
Jimbo
Member Avatar


Perthite
20 Dec 2014, 05:15 PM
Do 100,000 new residents require the same amount of housing as 45,000?
If you look at the trend, 45,000 is the best case. If the September and December quarters follow the trend from the first half, we are looking at 35,000 or so in total for this year.

As things have got worse in resources since June, I can't see people rushing to come here to live on the dole (migrants can't claim dole for two years anyway).

Developers have been chucking up apartment buildings in the city expecting 70,000 annual population growth. The miners did the same with Iron Ore. Increased supply expecting increased demand. That didn't work out too well.

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.
Profile "REPLY WITH QUOTE" Go to top
 
Perthite
Member Avatar


Same with office space in the CBD...

I just can't believe they are still building. It's madness.

Looking at a 23% vacancy rate?!?!

http://www.perthnow.com.au/realestate/news/perths-bloated-cbd-office-supply-worsens/story-fnhlgriw-1227159748669?int_medium=outbrain&int_source=www.perthnow.com.au&int_campaign=RealEstate&int_content=AR1

BUST.

Shaping up as a construction downturn on almost every level. We can only build so many roads.

Any works will be funded by tax rises anyway...
Edited by Perthite, 20 Dec 2014, 05:42 PM.
Profile "REPLY WITH QUOTE" Go to top
 
Jimbo
Member Avatar


Perthite
20 Dec 2014, 05:38 PM
Same with office space in the CBD...

I just can't believe they are still building. It's madness.

Looking at a 23% vacancy rate?!?!

BUST.

Shaping up as a construction downturn on almost every level. We can only build so many roads.

Any works will be funded by tax rises anyway...
The thing is that they plan these things years in advance. Perth is building for an economy that existed three or four years ago. Once these places are finished, will any developer want to throw new money into new projects? What will happen to the construction boom that was going to replace mining construction?
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.
Profile "REPLY WITH QUOTE" Go to top
 
1 user reading this topic (1 Guest and 0 Anonymous)
ZetaBoards - Free Forum Hosting
Join the millions that use us for their forum communities. Create your own forum today.
Go to Next Page
« Previous Topic · Australian Property Forum · Next Topic »
Reply
  • Pages:
  • 1
  • 2
  • 13



Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.

Forum Rules: The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.

Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.

Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.

This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.

For more information go to Limitations on Exclusive Rights: Fair Use

Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ

Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy