"why keep quoting the index" - that's funny, during the boom bulls were happy to quote the index about how much prices were going up? They seem much more discerning now that they are going down. Is your suburb performing well?
OK let's call it an attic from now on. Then at least one part of the un-original, inaccurate reflexive attacks on renters will be realistic.
Did you come up with that joke re: the engineering students? If so, I hope property continues to work out for you...I would hate to see you have to scrape a living together on comedy. You really shouldn't make fun of engineers...doesn't the whole Perth mining boom/ house prices scenario rely on cashed up professionals, including engineers, flooding this state?
So not only are 150k workers going to materialise in Perth, but we will also have population growth of a magnitude bringing total population increase in the next 5 years to 525k. Where is that number coming from? That's a population growth rate of ~5%, btw...currently that rate is closer to 2% :(
It is almost as cute watching you guys use different variations of the shortage myth to promote property. Very reminiscent of USA circa 2005/6:
" In Miami, Ron Shuffield, president of Esslinger-Wooten-Maxwell Realtors, predicted that a limited supply of land coupled with demand from baby boomers and foreigners would prolong the boom indefinitely." http://www.nytimes.com/2005/03/25/business/25boom.html?pagewanted=1
