I don't have to prove anything Matthew. All I have to do is wait until Easter. I'll be over in Perth then. Maybe you could buy me a beer and tell me about your monumental f***up?
You have six months for the Perth market to go from dire to booming.
Rp data is on 573.
Of course not. You just have to say I am wrong with no proof. Then you can produce a chart that shows that more often than not historically Brisbane prices have been cheaper than Perths as proof that until 2005 that was never the case
But you will have to show me where I said Perth would be booming by next Easter? Does not sound like something I would say. I did say that the listings would be in the range of a balanced market come Easter. That looks incredibly likely.
Tell you what I will do. I will book a table for 21 at the Raffles Easter Saturday. I will set the head of the table for you. And you can start by explaining to us all how Perth was more expensive than Brisbane form 1986 - 1990 and 1999 - 2001. Make sure your presentation includes lots about coffee costs and climate.
I will get them to use your chart as a table setting so everyone can follow your explanation.
Sound good to you?
My only hope for my three boys is that they turn out nothing at all like Chris.
Actually November is quite a nice month, maybe a couple of warm days but not too bad. The first real heat starts late December, often on Boxing Day, and lasts until early to mid March, but it still has the best weather of any capital city in Australia.
Brisvegas has its challenging times - Must admit ta sleepin' wif tha air-con on for about 6 weeks each year now - Since I've gotten old 'n soft.
Tha joint that really surprised me was Canberra though - Ferk, can THAT joint get hot!
Sure the humidity is higher in Brisbane, but that's because our rain comes in summer, which is why we don't have bushfires like the three southern states. I can live with that.
Take risks - if you win you will become wealthy, if you lose you will become wise
Of course not. You just have to say I am wrong with no proof.
Says the bloke who basis his whole undersupply theory on REIWA reported land sales x 1.09?
With no evidence other than what his "industry insider" mate told him down the TAB.
*uck off Matey.
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.
Says the bloke who basis his whole undersupply theory on REIWA reported land sales x 1.09?
With no evidence other than what his "industry insider" mate told him down the TAB.
*uck off Matey.
Dimshit I challenge you to prove that wrong as well. Go to the land listings at www.reiwa.com.au and tell me how many dwellings you think it will produce.
Should take you about 2 hours to come back here and apologise for being wrong.
Go on, or go away.
My only hope for my three boys is that they turn out nothing at all like Chris.
Dimshit I challenge you to prove that wrong as well. Go to the land listings at www.reiwa.com.au and tell me how many dwellings you think it will produce.
Should take you about 2 hours to come back here and apologise for being wrong.
Go on, or go away.
It is not how many dwellings that each REIWA reported land sale will produce that is in dispute. Maybe it is 1.09.
It is the fact that you claim that all new supply is a function of REIWA reported land sales x 1.09.
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.
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.
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.
How many people do you think will live in those 71 blocks of land Dim? 200? 4,000? 1,000,000?
And how many people will live in the apartments that are springing up all over the place which did not result from a REIWA reported land sale?
Your whole undersupply by Easter story is based on the premise that all supply is derived from a REIWA reported land sale multiplied by 1.09 and divided by a population growth figure which is a year out of date.
You even did the maths for everyone to see.
Here's a reminder yet again Matey.
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.
When challenged on your simplistic theory, you accuse others of being simplistic?
Go forth Matey. Go forth.
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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