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#961 | ||
If it ain't broke........
![]() Join Date: Dec 2007
Location: Sunshine Coast Qld
Posts: 18,544
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Visitors welcome Relatives by appointment only |
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#962 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,030
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Quote:
That's Melbourne's Western suburbs - unfortunately what's happening out that way is HUGE development without adequate public transport so it forces everyone into cars, I was driving around that area last week. On the freeway the traffic was banked up about a kilometre in the emergency lane, what they were doing was trying to turn left about a kilometre down the road but lining up in the emergency lane on the freeway, by the time people realised they needed to be in the emergency lane not the left lane like normal they'd stopped on the freeway completely blocking the left lane trying to get in. It's similar with the SE suburbs but they have better public transport options, except that industry is moving in large numbers to the SE suburbs like Dandenong and Dandenong South, that sucks for people like me who work in those industries as it's a 2.5 hour commute taken up mostly by getting stuck in congestion, it's probably only 100km distance wise. The problem is there's about 130,000 people moving to Melbourne every year, prior to this government we haven't really had infrastructure investment required to sustain our huge growth for the past 20 years. The government should incentivise business to move out to the other capital cities, Adelaide is a city that lacks opportunity for the little ones coming through University, they come out with a degree and no opportunity at home so they move to Melbourne or Sydney - Melbourne essentially is growing by an entire Adelaide every decade. It's not sustainable development expanding Melbourne further and further out while we all commute by road to Melbourne CBD or Melbourne SE suburbs. We're expected to eclipse Sydney by 2026 and become Australia largest capital city in population. Last edited by Franco Cozzo; 11-10-2019 at 07:27 AM. |
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#963 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Quote:
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#964 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,374
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Bank passed on 0.15 for me. Asked my broker to get them to knock the other 0.10 off to match new business rate.
They knocked off extra last time so why the **** wouldn't you ask? ![]() |
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#965 | |||
Where to next??
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
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Quote:
They just drag things out with rezoning and make residential lot development financially crippling. Sent from my LG-M700 using Tapatalk
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___________________________ I've been around the world a couple of times or maybe more....... |
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#966 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,030
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Sydney is an absolute monster too geographically - especially Western Sydney.
If you went as far North from Melbourne as you did West as that Penrith region is you're in regional Victoria, it's not 'Melbourne' - you're talking Gisborne. The first time I went to Sydney I booked a hotel in Rooty Hill expecting it to be within 'Sydney', technically it is but it was a $113 one way drunken Uber ride from Circular Quay ![]() That RSL is like the Crown Casino of pokies - like an old fogies arcade ![]() |
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#967 | ||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Franco,
I can not complain as I'm currently staying in Darling Harbour. My old man was jammy when he bought this apartment just as he sold his place in Florida (a month before Sept 11) and walk into this corporate apartment just as they were flogging them off cheaply, one year after the Sydney Olympics. Every thing was included even the plates and cutlery. I reckon I wouldn't stay here if I had to stay in the burbs now. Just been googling Truck Part suppliers in Sydney (for the Louie) and do you think I can find anything which is easy to get to now from central Sydney. They're all out the back of beyond, in fact I can find more places in Albury to chase parts. Grew up in Sydney but how things have changed, no one makes anything here anymore (apart from coffee)
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#968 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,030
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Quote:
This is an interesting perspective about the current state of our economy: https://www.news.com.au/finance/econ...d9697efcc81fb5 It has truths to it, I come out of our education system a decade ago, out of the 250 of us who started in year 7 together, 140 of us made it to the end of year 12, of those 140, it was myself and 9 others who went onto trades, the rest went to university. |
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#969 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Quote:
The trade education system has been falling apart for a long time, now its starting to bite back on skills shortage and hence our economy because we don't know how to build, fix or make stuff here anymore. And everyone complains about cashed up tradies. Franco, Gleemans are Ok I use them a lot when here.
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#970 | ||
Kicking back
Join Date: Dec 2013
Location: Western sydney
Posts: 8,532
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Uni degrees, trades licences, all that. Put that aside. The wrong attitude people have today is the qualification makes the money. No, hard work with the qualification is how you make the money, not even that, but just hard and honest work. I see it all the time. The amount of young blokes i see come through the door and leave because they cant take an 8 hour day of not even a hard slog, but an honest day, thinking that in 4 years cruising they will instantly be a cashed up tradie blows my mind. Im not cashed up. I work hard for what i have. And its nothing amazing. But still, the other hard working blokes who are my colleagues still question how the hell i own a house. Being on the same or a better rate then myself, i just have to say, well, i only earn the extra 20k over them because saturdays to me are considered work days. Overtime, work. Money can be exchanged for goods and services. So i put in the extra service in exchange for money, and that money i use in exchange for goods. Well, the entitlement which people think they have, wake up sunshine. You only take out what you put in. Nobody cares about what is handed to them, yet sonething earned is treated like gold. Its a generational attitude thing.
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#971 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Oh I got a sore back, Oh I can not travel far, I spend a lot of time in the gym so I might not be able to work long hours one guy insisted I should provide a forklift for any helper. Can you do the F ing work or not if not p*ss off. This laziness is effecting every industry and I can see why it is effecting the housing market, really if anything, less trade skills means the housing market should go higher due to less houses.
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#972 | |||
Kicking back
Join Date: Dec 2013
Location: Western sydney
Posts: 8,532
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#973 | |||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
Posts: 49,030
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Quote:
I don't mind people bludging as long as they get the work done and they can do process improvement, step into other roles and show initiative to think on their feet, we've got what you would term 'hard workers' in our production facility, mostly old blokes. But they're all running out the door at 4PM when the siren goes and they've never tried to improve anything in their lives, one guy has been out there for 15 years and knows nothing other than the one product he has been assembling for 15 years, how do you work somewhere for 15 years and only learn one thing? Technically he's a hard worker but he's not worth the wages, he would be the first on my hit list if I was running the show, we've sacked 20 blokes on our production floor and we're turning out significantly more work than we ever have in the past - they're being managed by someone with a god damn clue in structure and organisation. They work hard, but they've never lifted a finger to improve production methods, cross train, self improve etc, the majority of the workforce on the production floor, I can do their job, they can't do mine. Chinese people work hard too, and they work hard for a 10th of what our production staff get paid, but they don't value add - so value add. With me last year I didn't even ask for more money they just threw an extra 10% at me, I didn't even ask for a review. Last edited by Franco Cozzo; 13-10-2019 at 12:05 AM. |
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#974 | |||
Kicking back
Join Date: Dec 2013
Location: Western sydney
Posts: 8,532
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Quote:
As an apprentice i worked for a bit under a really smart guy who came unstuck as he could go straight to the source of an issue, get it done in 15 minutes, know he could charge say 2 hours, charge said 2 hours and go shopping. His undoing was a random site visit from my boss who waited on site until he returned from going shopping. So understandibly my boss went nuts. All im getting at is you go places, get those pay reviews and earn your keep if you get good at your chosen career and put in the effort. |
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#975 | ||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Yeah, I was referring to hard workers being both smart and not waste our time, they don't have to be big dumb ox's.
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#976 | ||
Kicking back
Join Date: Dec 2013
Location: Western sydney
Posts: 8,532
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#977 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Quote:
"I don't want hard workers, I want smart workers and I want people with initiative - the latter is rare."
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#978 | |||
Kicking back
Join Date: Dec 2013
Location: Western sydney
Posts: 8,532
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Quote:
But this is now a tangent. Houses are expensive. The market may be on a down turn, but still its not an easy carousel to jump on. But the only peice of advice my boss ever said, was once you jump on, never jump off. |
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#979 | ||
BANNED
Join Date: Jul 2012
Posts: 2,886
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Commonwealth bank forecast now says we are likely to see up to a 30% fall in house prices with Tasmania one of the hardest hit.
https://www.abc.net.au/news/2020-05-...yment/12241338 |
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#981 | ||
Virtuous Bogan (TM)
![]() Join Date: Jan 2005
Location: TAS
Posts: 27,560
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Not just there but everywhere.
Australia is over valued and the housing market has been rorted for a long time. Let it crash and burn. At least Govco didn't have to stuff around with neg gearing, they will be thankful for that. Or is it a time to smack it on the head while its down.... at least start a phase out plan. Maybe people can actually invest in shares and the things that grow the economy and have risk and not have average people on average incomes with multiple houses that cant take a blip in the economy. Housing investment has been a protected species which IMO has held us back. Ive stocked up on popcorn.
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#982 | ||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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It's only a prediction. And you might see big falls in Sydney, where housing is ridiculously overpriced anyway, but I reckon it won't be anywhere near as bad as 30% everywhere else. Especially regional areas.
Sydney house prices need an adjustment. $1 million + for your average home is just insane. |
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#983 | ||
Bolt Nerd
![]() Join Date: Jan 2005
Location: Ojochal, Costa Rica (Pura Vida!)
Posts: 14,622
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You might actually see an increase in fringe/ semi-rural property?
I think a hell of a lot might be thinking twice about living shoulder to shoulder in densely populated city and inner suburbia? WFH, I think will also have a big impact on giving people the choice to live further out. Possibly a blessing in disguise, with congestion and pollution reduction?
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Current vehicles.. Yamaha Rhino UTV, SWB 4L TJ Jeep, and boring Lhd RAV4 Bionic BF F6... UPDATE: Replaced by Shiro White 370z 7A Roadster. SOLD Workhack: FG Silhouette XR50 Turbo ute (11.63@127.44mph) SOLD 2 wheels.. 2015 103ci HD Wideglide.. SOLD SOLD THE LOT, Voted with our feet and relocated to COSTA RICA for some Pura Vida! (Ex Blood Orange #023 FPV Pursuit owner ![]() |
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#984 | |||
BIG MEMBER ;)
Join Date: Sep 2009
Location: Sydney, NSW
Posts: 940
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Quote:
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2010 FG XR6T, EGO, MANUAL, LUXURY PACK.
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#985 | ||
AU3 ute EL futura
Join Date: Oct 2008
Location: Brisbane
Posts: 485
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Housing in the 3 east coast capitals is about 60% overvalued, supported by unsustainable immigration, domestic and overseas investors.
If you can be bothered charting average wage vs average house price in sydney for example it started in the 80's and has been getting worse ever since, apart from a hiatus after the recession in 1990. Cashed up boomers started it and then it became a contagion. The lack of recessions is also a fallacy. Growth has been due entirely to ridiculous immigration levels. The highest rate in the OECD for almost 20 years now. At some point the bubble has to burst, but I have been amazed for about 15 years now how it's managed to keep going. The small retraction about a decade ago was not nearly enough. Now finally with the virus maybe enough oxygen will be cut off for Australia's economy to get a forced reset, but who knows. Maybe we will just keep borrowing forever. Incidentally real estate across Australia is cheap. You can buy a house in NSW or Qld for $80k sometimes less. Land can be had for $10k, but people would rather spend 1 mill in sydney and enslave themselves to a bank for life... bizarre... |
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#986 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Quote:
__________________
heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#987 | |||
Virtuous Bogan (TM)
![]() Join Date: Jan 2005
Location: TAS
Posts: 27,560
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Quote:
The other way to get around this is to stop investing in the cities are push companies out to regional areas or atleast 2-3 hours form the capitals. Build some decent highways (up the speed limits) and stop relying on these hubs.
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#988 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Quote:
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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#989 | ||
Virtuous Bogan (TM)
![]() Join Date: Jan 2005
Location: TAS
Posts: 27,560
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Didnt say it had to be inland. Plus we could actually try and make desal work for industry.
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#990 | |||
Cabover nut
Join Date: Aug 2015
Location: Onsite Eastcoast
Posts: 10,827
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Quote:
Given there is a 5000km Great Dividing Range to content with, there wouldn't be to many options for regional towns along the coasts to expand and once over the range the water starts to dry up in anything other that winter. For desal to work you need a water source to start with.
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heritagestonemason.com/Fordlouisvillerestoration In order that the labour of centuries past may not be in vain during the centuries to come...... D. Diderot 1752
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