I'm a great believer in WA/Perth and think that its the place to be in the medium to long term, but i notice:
- housing prices are already in excess of 2007 boom levels
- economic recovery seems to have stumbled somewhat
- stock market currently going backwards
- resources projects still arent where they were a couple of years ago
- half of Perth office space still seems to be up for lease
Has Perth got itself a bit ahead of itself in terms of recovery and potential next boom? Whats underpinning the current growth/ high prices in Perth?
This year i'm looking for IP1 and a new PPoR but i cant help thinking it might be worth giving it a few months to see what direction we're going in...
Interested in all opinions... i know nothing about economics, just going on gut feel.
Sam
- housing prices are already in excess of 2007 boom levels
- economic recovery seems to have stumbled somewhat
- stock market currently going backwards
- resources projects still arent where they were a couple of years ago
- half of Perth office space still seems to be up for lease
Has Perth got itself a bit ahead of itself in terms of recovery and potential next boom? Whats underpinning the current growth/ high prices in Perth?
This year i'm looking for IP1 and a new PPoR but i cant help thinking it might be worth giving it a few months to see what direction we're going in...
Interested in all opinions... i know nothing about economics, just going on gut feel.
Sam