That would be because Perth has had it downturn and we are now comming out of it. Clear example, stock levels increased by 6% in Q1 2012 but sales increased by 13%.
Or do you think our housing stock having declined from over 18,000 in mid 2011 to now be 13,600. Anything below 12,000 is considered a tight market, and that was 5-6 years ago when WA had 300,000 less people.
Your a halfwit that would make more sense if you went away and read some comics.
Your downturn is just beginning dopey. If mining has been booming for years howcome 320 of 426 towns or suburbs have gone down over the last twelve months.
Halfwit , thats good , you should have it tatooed to your forehead
Thats why landgate shows medium prices rising since September 2011, up 4.4% as of March 2012 and up 6.5% as of April 2012.
I guess sales over here up 40% in some areas because prices are going down and people just love to lose money as soon as they buy house, what a dope. People are buying as prices are rising. The bottom of the Market here was Sept 2011.
Rising house prices, huge surge in sales for land and housese, rents sky rocketing. All the markers of a boom and that was prior to the latest interest rate drop. If we get more rate drops over comming months, the property market here will large boom in prices, in fact there is no way to stop it now, other then perhaps World War III starting between the US and China.
I think apple shares were probably a better investment than houses. In fact - I'm sure you could find many things that are a better investment than houses. The thing is - we rarely borrow through our teeth to buy them.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
I think apple shares were probably a better investment than houses. In fact - I'm sure you could find many things that are a better investment than houses. The thing is - we rarely borrow through our teeth to buy them.
In fact I siuspect quite a lot of people have bought Apple on margin and now that Apple is down 12+% from the peak and dropping almost every day, I'd say a lot of them are hurting badly. So many people in the US have a big percentage of their nett worth tied up in AAPL it is quite scary. Give it a few more percent and margin calls are going to start to cause forced sales of AAPL stock, which will have a hefty effect on the S&P500 and NASDAQ composite as well. It's one scenario for the start of the next big crash in stocks, and it could happen any day. It's a worry.
But if you bought AAPL at 64 in 2003 and still have it, of course you are still laughing. Most people bought at well north of $400 though.
The truth will set you free. But first, it will piss you off. --Gloria Steinem AREPS™
Thats why landgate shows medium prices rising since September 2011, up 4.4% as of March 2012 and up 6.5% as of April 2012.
I guess sales over here up 40% in some areas because prices are going down and people just love to lose money as soon as they buy house, what a dope. People are buying as prices are rising. The bottom of the Market here was Sept 2011.
Rising house prices, huge surge in sales for land and housese, rents sky rocketing. All the markers of a boom and that was prior to the latest interest rate drop. If we get more rate drops over comming months, the property market here will large boom in prices, in fact there is no way to stop it now, other then perhaps World War III starting between the US and China.
Does landgate adjust for compositional bias? if not (which i suspect), they're not very useful.
Thats why landgate shows medium prices rising since September 2011, up 4.4% as of March 2012 and up 6.5% as of April 2012.
I guess sales over here up 40% in some areas because prices are going down and people just love to lose money as soon as they buy house, what a dope. People are buying as prices are rising. The bottom of the Market here was Sept 2011.
Rising house prices, huge surge in sales for land and housese, rents sky rocketing. All the markers of a boom and that was prior to the latest interest rate drop. If we get more rate drops over comming months, the property market here will large boom in prices, in fact there is no way to stop it now, other then perhaps World War III starting between the US and China.
You seem to have little idea of how an economy works and integrates with the rest of the world. You are a clown focused on your narrow minded agenda. The world is on a downer and your mining is on a downer with it. Our ecomony is screwed , if you think we can rely on a slowing mining industry when every other sector in the country is collapsing you better rush out and get that tatoo we talked about earlier. No idea buddy , no idea what so ever.
Thats why landgate shows medium prices rising since September 2011, up 4.4% as of March 2012 and up 6.5% as of April 2012.
I guess sales over here up 40% in some areas because prices are going down and people just love to lose money as soon as they buy house, what a dope. People are buying as prices are rising. The bottom of the Market here was Sept 2011.
Rising house prices, huge surge in sales for land and housese, rents sky rocketing. All the markers of a boom and that was prior to the latest interest rate drop. If we get more rate drops over comming months, the property market here will large boom in prices, in fact there is no way to stop it now, other then perhaps World War III starting between the US and China.
You seem to have little idea of how an economy works and integrates with the rest of the world. You are a clown focused on your narrow minded agenda. The world is on a downer and your mining is on a downer with it. Our ecomony is screwed , if you think we can rely on a slowing mining industry when every other sector in the country is collapsing you better rush out and get that tatoo we talked about earlier. No idea buddy , no idea what so ever.
If as you claim the world economy is in such bad shape, why are resource prices up over 6% in 2012 with Iron Ore hiting prices of $150 a ton in recent weeks.
How is the world economy stuffed. The world economy is not Europe, that is only one part. Asia is growing very strongly. Please show me figures on where Asia is declining in growth, are there any recessions in Asia or even close to it. Japan is about the only one growing slowly but they have been doing so for 20 years. Tell me oh smart one, what does your all powerful mag say about Chinese, Indian, Indonessian, Korean, Tawin, Malyasian, Thia, Vietnam growth let alone Brazil, Russia, Turkey. That is about 4 billion people who live in economies growing strongly. Throw in the US which has moderate growth and we have 75% of the worlds economies showing moderate to fast growth.
So show me with links or screenshots, this so called world economy that is screwed? I dont see it and about 4 billion other people dont see it.
If as you claim the world economy is in such bad shape, why are resource prices up over 6% in 2012 with Iron Ore hiting prices of $150 a ton in recent weeks.
How is the world economy stuffed. The world economy is not Europe, that is only one part. Asia is growing very strongly. Please show me figures on where Asia is declining in growth, are there any recessions in Asia or even close to it. Japan is about the only one growing slowly but they have been doing so for 20 years. Tell me oh smart one, what does your all powerful mag say about Chinese, Indian, Indonessian, Korean, Tawin, Malyasian, Thia, Vietnam growth let alone Brazil, Russia, Turkey. That is about 4 billion people who live in economies growing strongly. Throw in the US which has moderate growth and we have 75% of the worlds economies showing moderate to fast growth.
So show me with links or screenshots, this so called world economy that is screwed? I dont see it and about 4 billion other people dont see it.
Mike , Iron ore was $190 per tonne last year , if that does not tell you things are slowing I guess nothing will
If as you claim the world economy is in such bad shape, why are resource prices up over 6% in 2012 with Iron Ore hiting prices of $150 a ton in recent weeks.
How is the world economy stuffed. The world economy is not Europe, that is only one part. Asia is growing very strongly. Please show me figures on where Asia is declining in growth, are there any recessions in Asia or even close to it. Japan is about the only one growing slowly but they have been doing so for 20 years. Tell me oh smart one, what does your all powerful mag say about Chinese, Indian, Indonessian, Korean, Tawin, Malyasian, Thia, Vietnam growth let alone Brazil, Russia, Turkey. That is about 4 billion people who live in economies growing strongly. Throw in the US which has moderate growth and we have 75% of the worlds economies showing moderate to fast growth.
So show me with links or screenshots, this so called world economy that is screwed? I dont see it and about 4 billion other people dont see it.
Mike , Iron ore was $190 per tonne last year , if that does not tell you things are slowing I guess nothing will
Yes and prior to the boom Iron Ore was $30 a ton. Seems like we have along way to for prices to drop before this Boom ends.
Yes and prior to the boom Iron Ore was $30 a ton. Seems like we have along way to for prices to drop before this Boom ends.
I never said it was ending tommorow ,and know we should have a few more years down the mines. But it is now slowing , winding down and your comment seems to agree with me. Can you not see that if something was $190 per tonne and now it is only $150 per tonne that demand has fallen away and that there is either slighly less demand or more competition from somewhere else. I know you have half a brain there Mike , surely you can see and understand this . So I did not say mining was ending , I said it is now slowing as either less demand or competition has forced its hand reguarding prices ,surely you agree with this Mike , it is nothing more than common sense let alone normal economics at play
Can you not see that if something was $190 per tonne and now it is only $150 per tonne that demand has fallen away and that there is either slighly less demand or more competition from somewhere else.
Like computers were tens of thousands and are now considerably cheaper but demand has increased so profits have increased as well. Same with mobile phones Same with numerous items.
I thought you had half a brain there ted , surely you can see and understand this . Obviously not
Heres a picture to help with your limited understanding price may have been dropping in short term, but has increased hugely over the longer term and volume/demand/profits have certainly been increasing
Ignore posts by The Whole Truth · View Post · End Ignoring The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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