I think Elizabeth Quay will work as it is at the foot of the city. Perth is a growing city and works like this will make the place more interesting. I think it will be ok. On rents dropping, i was told by a business person that the rents in Karratha are of $600.00 per week plus. Peter
Perth will continue to keep growing , we need continuous development to keep it also touristy...
I do not agree with tax payers having to fund the new stadium, that should be for the bigwigs of footy to organize they got the corporate $$$.
Regional areas for investing I avoid like the plague, I have a firm rule to never, ever get into this ..too volatile ...
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
I think Elizabeth Quay will work as it is at the foot of the city. Perth is a growing city and works like this will make the place more interesting. I think it will be ok. On rents dropping, i was told by a business person that the rents in Karratha are of $600.00 per week plus. Peter
Perth will continue to keep growing , we need continuous development to keep it also touristy...
I do not agree with tax payers having to fund the new stadium, that should be for the bigwigs of footy to organize they got the corporate $$$.
Regional areas for investing I avoid like the plague, I have a firm rule to never, ever get into this ..too volatile ...
Touristy? Perth?!
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?
The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly. Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
Yes Perth is touristy surely you've seen the snap happy Japanese etc , beautiful beaches , bogans with their crapadores hooning the rds, cruises on the Swan river, art gallery/museum, Kings Park... Swan Valley... Culture honey. buns..
Just the overpriced coffee gives me the shits...
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$ It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do. Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
In recession you say, State Final Demand shows growth of 1.3% for the quarter of June, annualised that is 5.2%. To put that into perspective Australia as a whole grew by 0.6% in the June quarter, WA is growing at twice the rate nationally even without considering the impact of exports.
Did you happen to catch the export growth for Iron Ore, up 33% YoY since August 2012, exports to China up over 20% and rising.
The Markets have miners back in favour and the talk now is of continued mining boom with investment picking up, commodity prices rising along with export volumes.
So tell us all again how 1.3% growth in a quarter is a recession? Even though these figures do not include much of the economic activity of the state but do explain.
Australian shipments of iron ore to China looked to have stayed strong in August, a month after Australia boasted its second-highest exports ever to the Asian giant and a sign of healthy demand for resources.
Iron ore exports to China from Port Hedland, which handles about a fifth of the global seaborne market for the steel-making raw material, rose 9 percent in August from July.
Ore shipments of 22.3 million tons were up a hefty 33 percent on August last year and not far from all-time highs hit in May. Since the figures are released just a few days after the end of the month, they offer a timely leading indicator of demand in China.
Australia is the single largest supplier of the ore to China, ahead of Brazil.
Iron ore is Australia's single biggest export earner, bringing in around A$60 billion ($54.9 billion) in a good year. The strength of shipments increases the chance that Australia will report a trade surplus for August.
In recession you say, State Final Demand shows growth of 1.3% for the quarter of June, annualised that is 5.2%. To put that into perspective Australia as a whole grew by 0.6% in the June quarter, WA is growing at twice the rate nationally even without considering the impact of exports.
Did you happen to catch the export growth for Iron Ore, up 33% YoY since August 2012, exports to China up over 20% and rising.
The Markets have miners back in favour and the talk now is of continued mining boom with investment picking up, commodity prices rising along with export volumes.
So tell us all again how 1.3% growth in a quarter is a recession? Even though these figures do not include much of the economic activity of the state but do explain.
I'm from Perth, originally, so I know where it is being built.
Docklands is a suburb built on reclaimed swamp and bay land just west of Melbourne, it has tram lines running through it, has been open for at least 10 years and there are currently something close to 2k apartments for sale and 2k apartments for rent.
There is some population, mostly because the NBN building is there, a few other businesses and the DFO, even though there's a DFO within walking distance of Crown casino, and another within walking distance of Southern Cross train station.
The restaurants are mediocre and pretty expensive.
Then there's the observation wheel, which I won't go on about, except that they didn't expect melbourne to get hot enough to buckle the supports and haven't fixed it yet.
I hope Elizabeth Quay lives up to expectations, but, when a city as large and pressured as Melbourne is having trouble filling apartments, I'm not sure if it will.
There is a lot of money here and i see Asian families looking at apartments. I think we could end up with another Singapore or Hong Kong here just better. So i think it has a chance of working. The Feng Shui of the city is good and i would say getting better. Peter from Perth :pop:
Blondie girl
5 Sep 2013, 02:16 PM
Perth will continue to keep growing , we need continuous development to keep it also touristy...
I do not agree with tax payers having to fund the new stadium, that should be for the bigwigs of footy to organize they got the corporate $$$.
Regional areas for investing I avoid like the plague, I have a firm rule to never, ever get into this ..too volatile ...
Blondie the dumb dumbs have to have footie, they need it. I mean imagine building a chess stadium??? The rump of or society must feel they get something out of it or they will become disenfranchised. They would just get angry if they had to use their brains. And to be fair they do not have any. So it's off to the footie to watch Billy chase Johny around in a tight pair of short shorts. And then talk about it all week till they do it again. Bread and circuses.
Otherwise they will be in the streets throwing rubbish around and shouting at each other.
So lets have the hospital and the stadium. Peter from Perth :pop:
willy_nilly
5 Sep 2013, 10:40 AM
Mmmmm. they were $1200 per week in Karratha as I recall.
Sorry my mistake, i meant to say the rents have dropped BY $600.00 per week. Peter :pop: Rome Further information: Grain supply to the city of Rome and Populares
This phrase originates from Rome in Satire X of the Roman satirist and poet Juvenal (circa A.D. 100). In context, the Latin metaphor panem et circenses (bread and circuses) identifies the only remaining cares of a new Roman populace which cares not for its historical birthright of political involvement. Here Juvenal displays his contempt for the declining heroism of his contemporary Romans.[5] Roman politicians devised a plan in 140 B.C. to win the votes of these new citizens: giving out cheap food and entertainment, "bread and circuses", would be the most effective way to rise to power.
… Already long ago, from when we sold our vote to no man, the People have abdicated our duties; for the People who once upon a time handed out military command, high civil office, legions — everything, now restrains itself and anxiously hopes for just two things: bread and circuses[6]
[...] iam pridem, ex quo suffragia nulli / uendimus, effudit curas; nam qui dabat olim / imperium, fasces, legiones, omnia, nunc se / continet atque duas tantum res anxius optat, / panem et circenses. [...]
(Juvenal, Satire 10.77–81)
Juvenal here makes reference to the Roman practice of providing free wheat to Roman citizens as well as costly circus games and other forms of entertainment as a means of gaining political power. The Annona (grain dole) was begun under the instigation of the popularis politician Gaius Sempronius Gracchus in 123 B.C.; it remained an object of political contention until it was taken under the control of the autocratic Roman emperors.
There is a lot of money here and i see Asian families looking at apartments. I think we could end up with another Singapore or Hong Kong here just better. So i think it has a chance of working. The Feng Shui of the city is good and i would say getting better. Peter from Perth
Yep - the similarities between Perth and HK, Sing are glaringly obvious.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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