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Perth Housing stock continues to fall
Topic Started: 12 Aug 2016, 02:42 PM (50,718 Views)
Jimbo
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Matthew
28 Aug 2016, 10:03 PM
Your simplistic bread and milk analogies are your undoing Dimbo.
And there was me thinking that the following statement made by yourself was simplistic.

Quote:
 
Just 71 blocks of land. Enough future housing for 177 people. But on average 644 have arrived. Once construction completion and with it supply peaks (may have already given listings are slightly edging down) the oversupply will erode at a rate of around 250 - 300 dwellings per week.


You found those numbers yet Matey?

Or have you joined the Skammy waffle club?
Edited by Jimbo, 28 Aug 2016, 10:47 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.
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Simon_S
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Rufus
28 Aug 2016, 10:40 PM
Save Matthew, save Trollie?
What are you talking about. I was just trying to instil some knowledge in your grey cells, but it was clearly in vain, you still don't know anything.
LOL.....More BS

If you want to instill anything then please cite and provide reputable Documents or Research Papers from Credible and Respectable sources like the US FED,IMF, World Bank, OECD, RBA and esteemed Universities instead of waffling Bullshit in the Vain Hope that you can Bluff your way out of your ignorance.........

Again please support TANGIBLY Matthews argument that a Depression could never happen in Modern Economic times..........Because of what he Called "ECONOMIC COMPOSITION."

Again don't waffle Bullshit avoid or change the Topic.......

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Rufus
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Simon_S
28 Aug 2016, 11:00 PM
LOL.....More BS

If you want to instill anything then please cite and provide reputable Documents or Research Papers from Credible and Respectable sources like the US FED,IMF, World Bank, OECD, RBA and esteemed Universities instead of waffling Bullshit in the Vain Hope that you can Bluff your way out of your ignorance.........

Again please support TANGIBLY Matthews argument that a Depression could never happen in Modern Economic times..........Because of what he Called "ECONOMIC COMPOSITION."

Again don't waffle Bullshit avoid or change the Topic.......
I have no idea of what Matthew said, I wasn't part of that conversation and I certainly can't be bothered reading past pages on this thread.

Oh I don't need to instil anything - I'm happy for you to stay exactly as you are.
Take risks - if you win you will become wealthy, if you lose you will become wise
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skamy
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conork
28 Aug 2016, 10:07 PM
Where are you getting 14000 from?
REIWA
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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Where are you looking skamy ? Do you have a link ?

The only one I can see is this below. Shows 26,833.

http://www.realestate.com.au/buy/in-perth+-+greater+region%2c+wa%3b+/list-1?source=location-search
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conork
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skamy
29 Aug 2016, 08:25 AM
REIWA
Perth greater region on REIWA has 16641.

If supply is being absorbed at 500+ per month, I'm thinking early-mid next year will be a good time to buy.
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Mike
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conork
29 Aug 2016, 10:20 AM
Perth greater region on REIWA has 16641.

If supply is being absorbed at 500+ per month, I'm thinking early-mid next year will be a good time to buy.
Reiwa has 14,054

If you are using realestate.com Perth greater region you get towns up 200km from the city, hence the larger number of properties.

Why not combine Melbourne, Geelong, Ballarat and others to get a true picture of the greater Melbourne area. Don't use it as it is not accurate.
http://mike-globaleconomy.blogspot.com.au/
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conork
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Mike
29 Aug 2016, 11:39 AM
Reiwa has 14,054

If you are using realestate.com Perth greater region you get towns up 200km from the city, hence the larger number of properties.

Why not combine Melbourne, Geelong, Ballarat and others to get a true picture of the greater Melbourne area. Don't use it as it is not accurate.


Perth (197)
Inner-region
Perth CBD (536)
Sub-region
Perth - Inner Metro (6343)
Perth - North East (2009)
Perth - North West (2750)
Perth - South East (2348)
Perth - South West (3184)
Street
Perth Street, Bedford (1)

What are you including/excluding?
Edited by conork, 29 Aug 2016, 02:21 PM.
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Jimbo
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Mike
29 Aug 2016, 11:39 AM
If you are using realestate.com Perth greater region you get towns up 200km from the city, hence the larger number of properties.
Perth Greater Region on realestate.com.au returns properties from Quinns down to Mandurah which are both within the Metro area.

Posted Image

This search currently shows 18,579 for sale which is a record since I started tracking this number in 2014.

In August 2014, it was 12,936.

Guest
29 Aug 2016, 09:18 AM
Where are you looking skamy ? Do you have a link ?

The only one I can see is this below. Shows 26,833.

http://www.realestate.com.au/buy/in-perth+-+greater+region%2c+wa%3b+/list-1?source=location-search
Your search includes land.

I use this one http://www.realestate.com.au/buy/property-villa-townhouse-unit-apartment-unit+apartment-house-in-perth+-+greater+region%2c+wa/list-1?includeSurrounding=false&misc=ex-under-contract&source=refinements

It only looks for houses, apartments and units/villas.

It also excludes under contract and "surrounding areas".

Edited by Jimbo, 29 Aug 2016, 04:29 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.
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Blondie girl
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ozz
27 Aug 2016, 01:08 PM


Perth is being oversupplied to demand now, and will probably be over next couple of years.

Housing prices won't fall that much, but they will slowly for some years yet.

No crash though, as much as I would like to pick up something cheap well located.
What should be understood is the market.. what is well located and cheaper than before, but price wont stay the same constant.
newjez
27 Aug 2016, 04:13 AM
Wasn't criticism. I was just asking the question.

I do like the banter here, and some posters are quite entertaining.

Even Blondie has her moments, which are rare.

But you do seem to be bunny boiler material.

Just saying.
I have only responded to you lately when you choose to be civil to me, but I don't think much of you and I stand by that.

*no exact perfection in defining definite timing of market bottom*

conork
29 Aug 2016, 02:19 PM


Perth (197)
Inner-region
Perth CBD (536)
Sub-region
Perth - Inner Metro (6343)
Perth - North East (2009)
Perth - North West (2750)
Perth - South East (2348)
Perth - South West (3184)
Street
Perth Street, Bedford (1)

What are you including/excluding?
Get your region narrowed down and look carefully at what bang for the $.

The question is how low can it really really go?
Edited by Blondie girl, 29 Aug 2016, 06:06 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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