There are some people who seem angry and continuously look for conflict. Walk away, the battle they are fighting isn't with you, it's with themselves.
The first lesson of economics is scarcity: There is not enough of anything to satisfy all who want it. The first lesson of politics is to disregard the first lesson of economics. ~ Thomas Sowell.
Who was the fool, who the wise man, who the beggar or the Emperor? Whether rich or poor, all are equal in death.
This inability to spell makes you look as dumb as you are.
Perhaps a larger bolder print size will help?
House building approvals seasonally adjusted for NSW were up by 8 per cent in February and were 28 per cent higher than a year ago, according to the Australian Bureau of Statistics.
"Such a surge in new home building does reflect the first sign that those incentives are starting to bite with first home buyers," said the senior economist at Australian Property Monitors, Andrew Wilson.
The Housing Industry Association agreed. “We have seen indicators of consumer sentiment improve over recent months and we may well be seeing an early sign that this is flowing through to activity on the ground," its economist, Geordan Murray, said.
More evidence that the Sydney construction boom is well underway.
The turnaround actually began late 2011 / early 2012, and this is becoming apparent in the annual figures, with February approvals now up 28% year-on-year...
I don't see Sydney construction activity mentioned in that article (or any mention of Sydney at all). Relevance?
What are a few apartment blocks? Nothing! Of course there will always be "some" construction going on, but a boom? Years have passed since your stupid call Shadow, and still no boom. Be a man and own up to your failure.
Negative gearing is a form of leveraged speculation in which a speculator borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan
A negative gearing strategy can only make a profit if the asset rises so much in price that the capital gain is more than the sum of the ongoing losses over the life of the speculation. http://en.wikipedia.org/wiki/Negative_gearing
What are a few apartment blocks? Nothing! Of course there will always be "some" construction going on, but a boom? Years have passed since your stupid call Shadow, and still no boom. Be a man and own up to your failure.
Good to know I'm still on your ignore list.
Yes, years have passed because I made the call way back in 2007. It was 2007 when I first predicted the Sydney construction boom would begin around 2011.
The data shows that it did begin around late 2011 / early 2012... so not a bad call considering I made it 4-5 years in advance... at worst I was a few months out.
Construction sector slides for 34th straight month
April 8, 2013 - 10:14AM
Australia’s building sector has suffered a sharp deterioration in activity in March, hampered by project delays, fewer projects and tight credit conditions.
The Australian Industry Group-Housing Industry Association performance of construction index (PCI) tumbled 6.6 points to 39 points in March.
Not only was it the 34th straight month the index has remained below the key 50 level that indicates slowing construction work, but the March result all but wiped out some encouraging signs seen in February.
Negative gearing is a form of leveraged speculation in which a speculator borrows money to buy an asset, but the income generated by that asset does not cover the interest on the loan
A negative gearing strategy can only make a profit if the asset rises so much in price that the capital gain is more than the sum of the ongoing losses over the life of the speculation. http://en.wikipedia.org/wiki/Negative_gearing
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