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strangely the mid / top end stuff in the south west seems to be moving

yes the 90s were dismal indeed. however the sheer size of this resources boom could be a game changer. might not be but it could be - heck who knows. just hold as much property as you can for as little cost possible and see what happens - i dont see it getting much worse, the only danger is...

things are not good in mortgage land and the recent RBA moves are astonishing

they didn't mention the near on 20,000 listings currently in Perth. am gobsmacked by that

I think I know the guy that sold it to you. nice place.

yeh I am thinking flat line for another year, then when this mother of all resources booms dwarfs us (whih will happen regardless) and if the US economy roars back to life in 2012 then strap yourself in... years of pent up and suboptimal activity will be reversed

including coffee - ripped off!

it's a protected industry - got to get your REA licence first. probably easier ways to make a buck at the end of the day

the reality of a booming resoures sector and continued population growth set against a stalled development market must come home to roost eventually. this is a case of WHEN?

Saraceni foresees office shortages.... feels like 2005 again.... http://au.news.yahoo.com/thewest/business/a/-/business/7698300/saraceni-to-spend-54m-on-ace-cinema-site-in-subi/

personally i wouldnt think so...would appear to me they have a loss leader, but if they are that desperate then the others shoul dbe highly negotiable

if you want to go counter cyclical check out this: http://www.realestate.com.au/property-residential+land-wa-eagle+bay-2765595 never thought i would see it in my lifetime! block with houses on were going for mid $3m's only 2 years ago

yeh but when you take into account furnishing costs, vacancies and effort, sometimes it's about the same to just lease them long term unfurnished, which is what 99% of investors seem to think as well

how come you are selling Jen PFR? out of interest, do you find your PFR generates higher returns than normal unfurnished let?

gees my attitude has sure changed too. agree... boom cancelled, false alarm, labor is at the wheel.

the question is how to get wealthy without just growing?? other exciting multi-billion $ projects are things such as the fertilizer whatver it is in Collie, the international telescope up north, uranium as mentioned... not forgetting old favourites such as agriculture, education, gold, ship...

it'a weird the way REIWA are trying to talk the market down huh? I was really surprised when I read Alan Bourkes comments

the problem here is that the world has moved on - Rob Druitt is no longer the REIWA president and the upper pricing levels of housing have spiked significantly. The realisation that the resource states will be the engine room of the economy for the next 20-30 years is dawning on people. The...

it was quite amazing looking downthat list of projects that they published in Saturdays West. there is no doubt we are on the cusp of a huge boom, bigger than we have ever seen. just remains to be seen if we can fully capitalise on it, for example really develop the pilbara the taxes alone...

there's a saying in real estate, "somebody is going to do the business, it's just a question of whether it's you or the next guy". the point being, real estate is turning over quite healthily, so if he isn't putting the deals together he needs to consider who is and why. is he new to the...