Grantha that is a very good post and it is great see a well structured argument and lots of graphs, thumbs up from me. My reply. There are always risks in investing and concerns about something the stars never align. There will be people who make lots of money in the next two years and there will be people who lose lots of money. The mining construction phase turns into the production and royalty stage. Barnett has pushed a lot of civil works forward. Sinking of rail will give inner North a boost. East Peerth new Claisbrook and WACA lots of unit construction. Rivervale massive unit towers planned. Who knows what will happen when Labor gets boot and new Govt.
What will go up in Perth property Affordable houses close to transport and in good areas. Bassendean, Morley, Northbridge, Mount Lawley, Mount Hawthorn, Rockingham, Bayswter etc.
What will crash and burn Units, units , units. Do not sign up for off the plan units in East Perth, Rivervale, Belmont City. Go to Melbourne visit Docklands and see what Perth units market will look like in 5 years.
My conclusion You may be right, but I do not agree with 1000s going, there are still jobs here in other sectors. Since I have been in Perth since the 70s it has always had a boom mentality and go for attitude, we can never turn the clock back to the 60s when it was dullsville. I will be the first to sell if the indicators start to look grim.
