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Perth property sets new all time high.; Bears smashed, again.
Topic Started: 10 Jun 2013, 06:43 PM (52,417 Views)
skamy
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Non Coal Miner
15 Aug 2013, 02:08 PM
Perth Residential Vacancy up to 3.2%

That's an extra 2000 rentals compared last year, And Climbing to the Moooooon!!!!!

Possibly a few more FHB's vacating and buying but also leaving........ WA???
Make the most of it and lock yourself into good deal if you plan to rent for the next few years.

If iron ore and other resources keep being so profitable on top of the huge amounts of residential construction and inner city developments planned for next year things could get hectic here again before you can say Jack Robinson.
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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Trojan
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Perthite
15 Aug 2013, 08:38 PM
ohh dear. :lol

http://www.abs.gov.au/ausstats/abs@.nsf/mf/6345.0/

Ohh not just WA... Every state.
Umm ... the link you provided shows wages increasing ....
Are you wearing your MB glasses where stats which go against what you want automatically has a negative sign in front of it?
:lol

From your link

TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES

QUARTERLY CHANGE (MAR QTR 2013 TO JUN QTR 2013)
The all employee jobs trend index for Australia rose 0.7% in the June quarter 2013.
The rises in original indexes at the industry level in the June quarter 2013 ranged from 0.2% for Retail trade; Professional, scientific and technical services; Administrative and support services; and Other services to 1.0% for both Construction and Wholesale Trade.


ANNUAL CHANGE (JUN QTR 2012 TO JUN QTR 2013)
The all employee jobs trend index for Australia rose 3.0% through the year to June quarter 2013.
Rises in the original indexes through the year to the June quarter 2013 at the industry level ranged from 2.5% for Education and training to 3.9% for Electricity, gas, water and waste services.
Edited by Trojan, 15 Aug 2013, 08:54 PM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Perthite
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Trojan
15 Aug 2013, 08:50 PM
Umm ... the link you provided shows wages increasing ....

From your link

TOTAL HOURLY RATES OF PAY EXCLUDING BONUSES

QUARTERLY CHANGE (MAR QTR 2013 TO JUN QTR 2013)
The all employee jobs trend index for Australia rose 0.7% in the June quarter 2013.
The rises in original indexes at the industry level in the June quarter 2013 ranged from 0.2% for Retail trade; Professional, scientific and technical services; Administrative and support services; and Other services to 1.0% for both Construction and Wholesale Trade.


ANNUAL CHANGE (JUN QTR 2012 TO JUN QTR 2013)
The all employee jobs trend index for Australia rose 3.0% through the year to June quarter 2013.
Rises in the original indexes through the year to the June quarter 2013 at the industry level ranged from 2.5% for Education and training to 3.9% for Electricity, gas, water and waste services.
Tell me where is said they fell... You like strindberg can not read.

Feel free to apologise.

"wages growth fell.'
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Trojan
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Perthite
15 Aug 2013, 08:54 PM
Tell me where is said they fell... You like strindberg can not read.

Feel free to apologise.

"wages growth fell.'
Lol.

You mean you think
"wage growth fell" = "wages fell"

So because wages only grew at 3% this year (instead of 4% least year) therefore you conclude wages fell?!?!?


I apologise for you stupidity.
:lol :lol :lol
Edited by Trojan, 15 Aug 2013, 08:57 PM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Perthite
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Your a bit thick ay :lol

http://australianpropertyforum.com/topic/9895666/24/

Feel free to apologise.
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Trojan
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Perthite
15 Aug 2013, 08:59 PM
Your a bit thick ay :lol

http://australianpropertyforum.com/topic/9895666/24/

Feel free to apologise.
I'm really, really sorry that you are stupid
Is that better?
:lol :lol :lol
Edited by Trojan, 15 Aug 2013, 09:06 PM.
I put trolls and time wasters on my ignore list so if I don't respond to you, you are probably on it ....
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Perthite
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Slightly... I've had 3 Maker's. Not the weak local stuff either.

I will take that though.

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Pig Iron
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Bogan scum

Perthite
15 Aug 2013, 09:10 PM
Slightly... I've had 3 Maker's. Not the weak local stuff either.

I will take that though.

so wages grew 4% last year and 3% this year, you agree?

guess how much perth realestate is up so far this year after being basically flat last year? 7%. makes a case for us being right that demand has been pent up.
I am the love child of Tony Abbott and Pauline Hanson
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Veritas
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Pig Iron
15 Aug 2013, 09:47 PM
so wages grew 4% last year and 3% this year, you agree?

guess how much perth realestate is up so far this year after being basically flat last year? 7%. makes a case for us being right that demand has been pent up.
or that low interest rates are blowing bubbles.

You decide.
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
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Perthite
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Pig Iron
15 Aug 2013, 09:47 PM
so wages grew 4% last year and 3% this year, you agree?

guess how much perth realestate is up so far this year after being basically flat last year? 7%. makes a case for us being right that demand has been pent up.
Yes, again you miss the start of a trend.

You agree wage growth is falling in all states?

You agree wage growth is falling in all both public and private sectors?

You agree wage growth is falling in all industries?

does this mean anything?
Perhaps I should drink more often.
Edited by Perthite, 15 Aug 2013, 10:38 PM.
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