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WA Population Growth Rate Crashes and Burns; Lowest Growth Rate On Record
Topic Started: 17 Dec 2016, 05:05 PM (4,233 Views)
skamy
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Jimbo
19 Dec 2016, 04:11 PM
Unemployment up from 5.0% to 6.7%, population growth down to an historically low level, near record high rental listings.


Please provide one single link to a planned mining expansion or large infrastructure project.
https://www.railexpress.com.au/state-approves-10mtpa-rio-expansion/
http://www.mining.com/bhp-resumes-expansion-plans-says-not-waiting-for-prices-to-recover/
With infrastructure there are loads of projects on the table eg light rail- freemantle port upgrade, airport upgrade for the non stop London flight, swan valley bypass, defence projects etc etc

Plus there is a few $bn worth of retail construction just kicking off early next year.

You know so little about what is going on in this State Jimbo.

Many of the expansions are beginning now so you better wake up to it Jimbo or your company will miss out. Although I think a lot of companies will be avoiding RIO like the plague.


Your predictions were of a total Armageddon style crash with massive price reductions for Oceanside homes, it was a fantasy Jimbo. There is always someone willing to buy these homes before the prices fall too far. You have watched this play out for years now.

Give it up and buy back in so that you can ride the upswing which will not be far away now. Don't do a Jon Snow or a Terry and end up unable to buy anything as nice as the home you sold.
popey
19 Dec 2016, 04:46 PM
if it's really that good, they wouldn't be giving out free freshly made cookies during home opens...
if you bother to walk around and have a look around you in Perth, you'll noticed that things hadn't been how it used to be like 5 yrs ago...
iron ore price might be creeping up, but its effect hasn't been filtered thru' to WA's economy yet... give it another 1~2 yrs, maybe it would...
I doubt very much you will see prices drop from here, WA is a wealthy State and 10 years of price stagnation is a gift you will not see last forever.

The trouble with bears like Jimbo, Foxbat and Terry is that they get too greedy they believe silly doomster blogs that tell them they will get a 40% price reduction. They are incapable of taking advantage of the slowdowns as they are too scared they might miss the bottom. The reality is that the odds are much more in favour of them missing the upswing.

Plus you can always ride a few years of low prices but you cannot catch up once prices go on the rampage as we have witnessed in Sydney and Melbourne.

There are people like Jimbo who have been waiting on a massive price crash since the 90s, they are so far behind their peers in wealth at this stage yet still they hang on to their cheap home fantasy - it is sad to watch.

How long will you stick with the doomsters ?
Edited by skamy, 19 Dec 2016, 06:59 PM.
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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Khaderbhai
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Rastus2
19 Dec 2016, 05:38 PM
Something... but nothing you can actually give us any real detail on
I think everyone but you has figured out the details.
Edited by Khaderbhai, 19 Dec 2016, 07:01 PM.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Matthew
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Jimbo
19 Dec 2016, 02:02 AM
Replying to a post addressed to Skammy?

I wonder?
You wondered that in my fist day posting.

You looked stupid that day, have not looked any more intelligent since.
My only hope for my three boys is that they turn out nothing at all like Chris.
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Jimbo
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skamy
19 Dec 2016, 06:51 PM
1st link is dead but I am aware of it. Peanuts compared to what was spent a few year ago.

2nd link describes nothing about anything which will happen in WA. There is a lot of emphasis on efficiency and streamlining though. Cutting production costs etc.
Quote:
 
With infrastructure there are loads of projects on the table eg light rail- freemantle port upgrade, airport upgrade for the non stop London flight, swan valley bypass, defence projects etc etc
Fremantle is spelt with one e. Aside from that, planned infrastructure spending is well below the levels of the last ten years. You made these same bullshit claims last year and where are we now?

Quote:
 
Plus there is a few $bn worth of retail construction just kicking off early next year.
Again, you said the same thing last year. Thing is Skammy, retail has flatlined and the population is growing at a snails pace. How many more shops do you think Perth needs?

Quote:
 
You know so little about what is going on in this State Jimbo.
I can spell the name of the states second city. The city I played Rugby League for.

Quote:
 
Many of the expansions are beginning now so you better wake up to it Jimbo or your company will miss out. Although I think a lot of companies will be avoiding RIO like the plague.
We get invited to tender for just about everything going on in resources. Not much tendering going on at the moment Skammy. Mainly overseas based projects.

I know you are getting excited again Skammy. You did this last year just before Christmas. A few upticks in the RP Data index in the pre Christmas completion rush and you thought all of your prayers had been answered. Then back to the reality of the slow and steady grind back down when the new year hits.

Never mind Skammy, next Christmas will be here in 12 months and you can do it (and say it) all over again.

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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Rastus2
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Khaderbhai
19 Dec 2016, 07:01 PM
I think everyone but you has figured out the details.
Really ?

Why are you so shy to spell them out then, are you 3 years old and too afraid to say exactly what you imply ? :re:

Grow up.

Probably best you go and play with your dolls if you don't want to act like an adult and say what you mean ... the adults need grown up time and you seem grumpy no one is willing to mop up your mess.


(Quick, code RED !... message one of them to get you out of having to grow a pair and clearly state whay you are dancing around....
Shoddy to trollie... "hey trollie, be a chump and state what I am too afraid to will you ?."...
To strindberg, "if you are not too busy, could you pop into the forum and do my dirty work for me ? "...

To frank... "yoo hoo, franky.... be a peach and mop up my mess, will ya ? "....

To herbs... ""Hey Herbs, i effn shat my dudds, lick it up for me eh sport ? "

:lol :lol
Edited by Rastus2, 20 Dec 2016, 07:42 AM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Khaderbhai
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Wealthy Suburbanite

Rastus2
20 Dec 2016, 07:35 AM
i effn shat my dudds, lick it up for me eh sport
Stay classy Rastus.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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Rastus2
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Khaderbhai
20 Dec 2016, 08:05 AM
Stay classy Rastus.
aww... were the messages not quite what you sent out ?

Stay a gutless wonder shoddy.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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Khaderbhai
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Wealthy Suburbanite

Rastus2
20 Dec 2016, 08:42 AM
Stay a gutless wonder shoddy.
Personal attack.
Banks can't repossess your home simply because the market value falls. Australia's Consumer Credit Code says consumers aren't liable for things ordinarily outside their control and can't be held to obligations that could only be met by selling their home. Click for details.

"The truth is that there are no good men, or bad men. It is the deeds that have goodness or badness in them. There are good deeds, and bad deeds. Men are just men."
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zaph
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Khaderbhai
20 Dec 2016, 11:03 AM
Personal attack.
Stop personally attacking.
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Rastus2
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Khaderbhai
20 Dec 2016, 11:03 AM
Personal attack.
where ???
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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