Perth and Brisbane are both second cities with an equal pull for migrants. Historically, their median house prices swap places depending on immediate economic conditions. They have swapped multiple times. Recently, due to Perth's mining boom, Perth has moved ahead. Now Perth's mining boom has finished, the city's house price medians are clearly moving closer together.
Good to see you softening from your assertions that there is no reason for Migrants to come to Perth and that there is no logical reason for Perth to have higher prices than Brisbane. I look forward to you transitioning all the way to the real world sometime soon.
You still completely ignore mining investment in Qld rivalled that in WA in the period you claim, as well as more significant public sector investment in Qld. In fact what is perfectly clear is that you are forming your opinion based on what you think is happening in WA and what you hope is happening in Qld while actually having no effing idea whatsoever what is happening in either.
Quote:
It is quite likely that the effect of the gold coast games will have a positive flow on effect on Brisbane and cause Brisbane medians to overtake Perth.
So your claim is that 2 weeks of sport occurring 50km from Brisbane in 18 months time will be a rocket ship to the moon for Brisbane house prices?
Quote:
Really Matthew this isn't rocket science
No it isn't. Which is why I am amazed you are so clueless about it.
Quote:
But you go and worship the number 12000.
No.
Quote:
Everything at the moment suggests I'm right
Again, No.
My only hope for my three boys is that they turn out nothing at all like Chris.
Good to see you softening from your assertions that there is no reason for Migrants to come to Perth and that there is no logical reason for Perth to have higher prices than Brisbane. I look forward to you transitioning all the way to the real world sometime soon.
You still completely ignore mining investment in Qld rivalled that in WA in the period you claim, as well as more significant public sector investment in Qld. In fact what is perfectly clear is that you are forming your opinion based on what you think is happening in WA and what you hope is happening in Qld while actually having no effing idea whatsoever what is happening in either.
So your claim is that 2 weeks of sport occurring 50km from Brisbane in 18 months time will be a rocket ship to the moon for Brisbane house prices?
No it isn't. Which is why I am amazed you are so clueless about it.
No.
Again, No.
It's not my problem if you have lots of money invested in your stupidity, but it may amuse us if you provide an update of your losses every now and then.what is it, about $600,000 so far? Makes jimbos folly look trivial.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
It's not my problem if you have lots of money invested in your stupidity, but it may amuse us if you provide an update of your losses every now and then.what is it, about $600,000 so far? Makes jimbos folly look trivial.
Not one of my IP's are worth less than what I paid for them. I don't pay any rent. I don't pay a mortgage anymore.
Meanwhile Dimshits $1.91 pound are worth $1.76 and his GBP5.78 Barratt shares are worth GBP4.76.
Want to try again? That was pathetic.
My only hope for my three boys is that they turn out nothing at all like Chris.
No I don't like those animals, certainly not cute, Id rather throw some fruit at cattle. Perth has amazing weather, but it needs to get its act together on theatre, cultural stuff. All you do is complain about Perth.
Go move to the UK you moron or the city of Churches with the dull overnumbered dull coloured city buildings that looks like it hasn't moved on from decades ago where the RECENT RECENT new stuff is the Convention and Festival Centre near the Torrens River.
I'm certainly not laughing when it involves death in tragic circumstances. You can choose whatever its a democracy, but whatever the market there will be excellent and crappy tenants, so don't be scared ..... go back to the sauna and stir fry whatever is left. Well saidHa ha seems Alex altered the diiiickhead.......... You either have a mental health issue or unhealthy obsession dependence on this foxbatty can you not think for yourself? Very strange.
He helps me with investment advice
newjez
16 Sep 2016, 05:24 PM
It's not my problem if you have lots of money invested in your stupidity, but it may amuse us if you provide an update of your losses every now and then.what is it, about $600,000 so far? Makes jimbos folly look trivial.
Meanwhile Dimshits $1.91 pound are worth $1.76 and his GBP5.78 Barratt shares are worth GBP4.76.
My USD and Gold gains dwarf the trivial amount I have lost on paper on my GBP play. The Pound could be wiped out of existence and I'd still be miles ahead.
I could buy back what I sold and still be miles ahead.
And I don't have to create blogs and drawer full of socks in an effort to try and save my leveraged arse by convincing everyone that the bottom is in and if they don't buy now they will never be able to.
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.
Whether it was earned, inheritance, gifted, capital gains, whatever.
It's a lot of money mate.
Yes peanut but the nominal value of my investment property has not fallen $600k. Nowhere near even a meaningful percentage of it.
And if I sold all of them today and paid CGT and agents fees would I be able to replicate the income that they provide me now? No.
Would the new investment be guaranteed to increase in value? No.
Would I be able to provide a house to each of my sons in the future at the same cost that I paid in the past? No.
So why would I follow your "advice"? It is retarded logic at best.
If you want to measure me on something I have purchased $75,000 of TLS at an average of $5.14. I have purchased 25,000 of CBA at an average of $70.70. I have no intention of ever selling these shares rather banking the dividends. I have no doubt there will be times that they are lower and higher than what I paid. Equally I have no doubt in 10 years they will have increased in value. But feel free to measure me against that trade.
Jimbo
17 Sep 2016, 03:49 AM
My USD and Gold gains dwarf the trivial amount I have lost on paper on my GBP play. The Pound could be wiped out of existence and I'd still be miles ahead.
I could buy back what I sold and still be miles ahead.
Of course Dim, that US$ and Gold investment just grows in line with what you need it to be, as does the value of the house you sold in Methtropolis and your weekly rental instalments are irrelevant to this.
Even if you could be miles ahead of what you had before you are miles behind what you could have had had you not sold your shithole and just used the equity instead.
Quote:
And I don't have to create blogs and drawer full of socks in an effort to try and save my leveraged arse by convincing everyone that the bottom is in and if they don't buy now they will never be able to.
Nor do I dimshit. Love how pathetic you are that this is your point of constant return.
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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