Always good to agree to disagree.
I agree....no, no...I disagree... No, I agree. Hell, I dont know anymore. hahaha
Cheers
Mick
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Always good to agree to disagree.
I agree....no, no...I disagree... No, I agree. Hell, I dont know anymore. hahaha
Cheers
Mick
The arguments run both ways. Inner city supply is tight and demand is high. Having lots of development space means there's plenty of supply that keeps a lid on prices.
In any case, people buy what they can afford. Some have more options in life. But trying to mislead/paint a negative picture about places that one can't afford as inferior investments reflects poorly on character and demonstrates how clouded judgment is, or rather, nfi.
Many people with options (myself included) consciously choose not to live in, for example, Werribee despite all the great promisings. But I can assure you that everyone who chooses to live Werribee does so because they don't have options to go anywhere else. That's Demographics 101 for you. And for as long as people only "choose" (if such a word can even be used since there was no choice in the first place) to live in a place because they can't afford anywhere else, that place is still not attracting the right demographics.
It's not very constructive listening to your own inner voice when you had no choice in the first place. Ask the people with choices and see where they've gone perhaps?
Where are your evidences?But I can assure you that everyone who chooses to live Werribee does so because they don't have options to go anywhere else.
But I can assure you that everyone who chooses to live Werribee does so because they don't have options to go anywhere else.
Deltaberry,
Lets change the direction slightly shall we??......can you elaborate what you have bought and talk in specifics about what you have done in the inner city market.
I disagree for two reasons:
forumite: you request for evidence will likely go unheeded because 'the more sweeping the statement the less the evidence'.
Where are your evidences?
Forumite,
That is such a ridiculous question that borders on rhetoric. Even Sash and Mick would not entertain such a question, because it is plain obvious.
The evidence my friend is in the price and this is directly correlated to desirability of suburbs.
Mate, still can't believe you asked such a question. Sigh
I disagree for two reasons:
1. Any argument asserting that 'everyone ..... ' will almost certainly be wrong.
All I need to do is find one person in the area who is there by their own choice and your point would be disproved.
2. House prices
Let's accept your statement that everyone who chooses to live in Werribee is there because they have no choice and test it against market reality, ie what uncoerced buyers are willing to pay.
If this was the case, every single house in Werribee would be cheaper than every single house in any other Melbourne suburb. Nothing would cost no more than $200k as that's about the floor price of cheap houses in Melbourne/Geelong.
A look at the real estate listings reveals this is not the case.
You will find $300-400k houses sold in Werribee. Something big near the river might set you back $600k. $300 - 600k could buy something in the majority of Melbourne suburbs, and indeed the city's median falls in that range. The existence of houses fetching those prices indicate that at least some with a choice are picking Werribee (or any other 'less desirable' suburb with diverse housing stock for which similar comments would apply).
forumite: you request for evidence will likely go unheeded because 'the more sweeping the statement the less the evidence'. In contrast if Deltaberry had said 'some.....' then his/her claims would have been much less easy to dismiss.
Ia it so ridiculous to ask a person to back up his sweeping statements with hard facts?
You know a person's credibility from what he said.
Oh my goodness...you still don't get it?
Popular choice/desirability of suburb = price of suburb fetched.
Toorak is desirable, hence expensive.
Werribee is not desirable, hence cheap.
What more evidence/substantiation do you want?
Do you actually want me to prove that Toorak is more expensive than Werribee? Geez...sounds extremely tough! haha
Sorry, I couldn't understand any of the above. Did anyone else have better luck?
You make some good points.
I agree, Toorak is more popular for the rich folk etc.
Im wondering, what made Toorak into the town it is today? Why is it so desirable? Im keen to learn how it become so exclusive and expensive.
Any ideas? Has Toorak always been the "Rich" spot to live etc?
Cheers
Mick
lmfao what an entertaining thread!!
good fun