Australia's largest stock trading and investment forum Australia's #1 stock forum

Hehe good one, I love the dramatic language 'destroyed'...

First 5 Last

Share
Profile

Follow
simonjb

2,760 Posts.

26/11/14

19:44

Post #: 14359356
Share

Originally posted by moondoong ↑

The slowdown in WA as the mining construction boom tapers down is now in full swing.

Unit prices in Perth will be the first to come under the hammer next year as supply far outweighs demand. House prices will soon follow. The loss of confidence, and the negative effects, will flow on to the rest of the country.

With hourly rates and conditions on offer to construction workers being slashed and burned, the flow on effects will be soon apparent to all to see.

2015 is going to be the year that Australia sees housing prices top out and then decline, slowly at first then quickly as the punters all rush to the exits.

This stampede is going to cause wealth destruction on a massive scale never seen before in Australia. Few will be spared. Cash is King in 2015.

Mark my words. Those who choose to ignore the above, will be financially destroyed.

Expand

Hehe good one, I love the dramatic language 'destroyed' 'stampede' 'slashed and burned'

I wish property investing was this exciting!!!

Last edited by simonjb: 26/11/14
6 Upvote

Reply

Top Stories

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

Trump chides Powell as Goldman call for calm. The RBA must be nervous

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

DMP

Is Domino's a steal after -25% plunge?

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

I88

Infini Resources onto Phase 2 at Portland Creek after spotting 'widespread uranium'

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

First 5 Last

SPONSORED BY