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At some stage it will turn right after the downturn.I do...

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04/12/19

09:25

Post #: 41782868
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Originally posted by Malaga: ↑

Forged the problem with Perth is so much supply at the bottom end. Barnett stopped first home buyers grant and only gave an increased amount on new purchases only. Massive supply of future slums built on 300 sqm blocks in the desert surrounding Perth.
Hocked to the eyeballs and negative equity. The recent activity and rises are in the $600 - $1mill market amazing buys compared to what you get in Melb and Sydney. Iron Ore, Gold, Gas royalties booming and indicators turning up, just a damm share we have a f-- useless State Government. Any recovery will be patchy with the median dragged down by the outer ring slums.

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At some stage it will turn right after the downturn.
I do remember in the Mining Boom Perth median went over Sydney!
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