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Exactly. And it's much the same everywhere outside of Sydney, Melbourne, SE Queensland, Canberra (public service jobs) and defence force towns/cities.chops_a_must said:Building in public infrastructure is the way to do that, and in that way shaping the social culture (something that needs to happen here in Perth). We are in boom times, and what the hell do we have to show for it?
A number of years back now, I was looking at policies to attract people to Perth and WA. The number one reason people stayed here and came here was affordability.
chops_a_must said:So apart from jobs, what exactly is keeping people here in Perth? There IS nothing. Forget cutting tax on property, they should be spending money on things that will keep people here, once the boom inevitably turns into a bust. Otherwise, people will leave in droves, and people will cry foul once their asset value is halved.
Geraldton at the moment; though off to Blighty in a month or two... It seems I will be earning an honest living for a changechops_a_must said:WayneL, where exactly do you live? I thought you were in WA.
YChromozome said:The Adelaide Sunday Mail has some top quality journalism today. There is a full two page spread showing, by suburb, what your Adelaide house will be worth in 2016.
Titled "Future Shock : Welcome to our millionaire city", they tell us that Adelaide will have 83 million-dollar suburbs by 2016.
They go on to interview two 16 year olds contemplating their futures in ten years time and if they will be able to buy a house.
"The 2016 projections were made by applying the annual 8.7 per cent growth rate recorded by the Valuer General's office in the past decade to the next ten years."
"Independent real estate analyst firm Australian Property Monitors said the predictions were conservative." "Over the past decade the population and economy have grown and there is no reason why that wouldn't continue to put pressure on prices to grow at around the same rate," APM operations manager Michael McNamara said.
Now if you could only get PUT options on housing . .
Stop_the_clock said:We all know Adelaide is the welfare state.
In other words, the Australian Dollar continues to lose value so you'd better change your Dollars for something else (such as real estate) before they lose what little remains of their value.robots said:hello,
the fact is quality houses and units across Aus have continued to rise
people waited for the crash several years ago it did not happen
buy what you can now
you can put whatever spin you want from "real estate guru's", media doing this or doing that
thankyou
robots
robots said:hello,
the fact is quality houses and units across Aus have continued to rise
people waited for the crash several years ago it did not happen
buy what you can now
you can put whatever spin you want from "real estate guru's", media doing this or doing that
thankyou
robots
Combined with other factors it could be a very serious problem.theasxgorilla said:Smurf, is this really a problem going forward?
wayneL said:Combined with other factors it could be a very serious problem.
robots said:hello,
you can forget the analysis, prices have risen
stagnation has not occured for the quality property
every situation is different in history and in the future
thankyou
robots
wayneL said:In real estate, analysis of anecdotal evidence is far more accurate.
robots said:hello,
prices are still strong,
16mths for this thread, no crash no correction any idiot can see that
but hey the governments of the world are doing naughty things to help property owners, crap
thankyou
robots
theasxgorilla said:Should we create a "poll" thread? I think I might.
wayneL said:Pointless at the moment. Do it in 2009 - 2010
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