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Production engineers are stable but construction / feasibility engineers and exploration geologists aren't! I certainly know there are thousands of engineers out there who were working in Perth five years ago but aren't anymore. Having said that, in the project teams I know there was always...

Low interest rates. Money has never been cheaper and doesn't look like getting more expensive anytime soon...

Chalk up someone else who has noticed the rental market in Perth at the moment is very soft. Not a good time to have a vacant property. With the increasing proportion of investors in the buying market it might not take long for this issue to start impacting on values as well.

Fair enough - I don't disagree with you there. Perth certainly has boomed in some sectors - both RIP and CIP.

So someone who already had an IP in say Rivervale since 2000 should have predicted a couple of years ago that Rivervale wasn't going to go anywhere while Balga was going to boom, sold their position and made the move. After all the transaction costs and CGT etc I'm still not convinced they...

I agree with you sanj but by the same token heaps haven't. I know some CIPs whose market yields have dropped from 10%+ down to circa 7% now while the rent has also gone up 10% (happy days!) over the last few years but I also know others that have gone nowhere in that time. - even backwards...

The latest round of redundancies... http://www.abc.net.au/news/2013-11-07/horizon-power-to-slash-workforce/5077488?section=wa Small numbers by themselves in the context of the overall property market but the commentary in the article and reasoning behind them is interesting all the same.

I agree - for both internal and external walls - it would be nice if some of the Georgian styles were a bit cheaper... I just love some of those burnished reds (sigh...).

Typical - has to happen just when I want to build a face brick house!

Could be something to do with the FHOG for existing housing being cut by more than half in the middle of September? If you're a FHB and want an existing house you would be getting in now...?

The subsidy was removed awhile ago. These days you get net metering on your consumption and 7c/unit on export, which is probably a bit below what it's worth, notwithstanding a side argument about network charges. Still didn't stop the market doubling last year (again). People want to get off...

Well, that didn't last long! Looks like that email did the trick! Not to mention a few thousand others... seriously this is exactly what happened in NSW when the same trick was tried - the result is predictable and humiliating - just this time it's in fast forward! Someone clearly only...

Not to mention a 12.5% increase in land tax this year! Take that property investors! Not to mention a big kick to the groin for anyone selling power to the State - a lesson in when a contract is not a contract - talk about sovereign risk!

Agreed - that's what I mean by all over the place. I've seen some locations / product move very quickly at high prices and other stuff just down the road / maybe a bit older etc sit for months at what looks to me like relatively attractive pricing. Hard to read what's going on in terms of a...

Yep, median price has fallen, vacancy rate is still at 3.2% - aka above the long term average... Market is all over the place, according to today's press release: Hard to read the tea leaves on this - I wouldn't be surprised if population growth has slowed considerably recently. I know a lot...

This may help explain the situation...

Wow - I'd hate to see what an "exciting" finance deal looks like...