Parramatta Stadium Rebuild and other stuff

[Gronk]

Thump goes the Parra CBD apartment market. 3 bedder that sold off the plan years ago for $1.28M sells in 2019 for $990k.

https://www.propertyobserver.com.au...ta-apartment-sale-shows-30-drop-in-value.html

 

[Suitman]

 

[Gary Gutful]

Thump goes the Parra CBD apartment market. 3 bedder that sold off the plan years ago for $1.28M sells in 2019 for $990k.

https://www.propertyobserver.com.au...ta-apartment-sale-shows-30-drop-in-value.html

#InTheGhetto

 

[Suitman]

Thump goes the Parra CBD apartment market. 3 bedder that sold off the plan years ago for $1.28M sells in 2019 for $990k.

https://www.propertyobserver.com.au...ta-apartment-sale-shows-30-drop-in-value.html

To be fair Gronk, the same could be said for real estate right around the country. This may just be an extreme example of what has happened to real estate in general.

Anyway, Harry doesn't appear to be too perturbed. He has already started construction on twin towers beside the Parramatta ferry terminal, both of which are taller than his Church street tower.

 

[Gronk]

To be fair Gronk, the same could be said for real estate right around the country. This may just be an extreme example of what has happened to real estate in general.

Anyway, Harry doesn't appear to be too perturbed. He has already started construction on twin towers beside the Parramatta ferry terminal, both of which are taller than his Church street tower.

Not 30%. Most markets have adjusted 10-15%. It's just supply v demand. There is an oversupply there right now.

 

[Suitman]

Same pic.

Better quality.

 

[Suitman]

Not 30%. Most markets have adjusted 10-15%. It's just supply v demand. There is an oversupply there right now.

Absolutely.

 

[T-Boon]

Maybe they should try that safe standing area out for an eels game. That said there is already great standing areas behind between the tiers.

 

[SDM]

Safe standing will allow more space to nude up before jumping the fence.

 

[Gronk]

Safe standing will allow more space to nude up before jumping the fence.

I see FoxSports ran a story on our stadium having 3 streakers since April. WTF is wrong with people ?

 

[Eelogical]

I see FoxSports ran a story on our stadium having 3 streakers since April. WTF is wrong with people ?

Yeah! I'd have expected at least 6, not including Hindy.

 

[Gronk]

Yeah! I'd have expected at least 6, not including Hindy.

Perhaps @hindy111 could give us an insight into the mindset of a streaker.

This mad merkin was famous for a while.

 

[Eelogical]

Perhaps @hindy111 could give us an insight into the mindset of a streaker.

This mad merkin was famous for a while.

The security guard?

 

[84 Baby]

Thump goes the Parra CBD apartment market. 3 bedder that sold off the plan years ago for $1.28M sells in 2019 for $990k.

https://www.propertyobserver.com.au...ta-apartment-sale-shows-30-drop-in-value.html

 

[Gazzamatta]

"Streaker Stadium". Eels in crisis!

 

[Eelogical]

"Streaker Stadium". Eels in crisis!

Women don't seem to streak these days. What's wrong with them?

 

[Bazal]

@hineyrulz do we think the safe standing room when we rent the stadium out for WSW games is also safe from flares?

#herecomesthesalt

 

[hineyrulz]

@hineyrulz do we think the safe standing room when we rent the stadium out for WSW games is also safe from flares?

#herecomesthesalt

 

[TheRam]

Not 30%. Most markets have adjusted 10-15%. It's just supply v demand. There is an oversupply there right now.

I think that that is a good thing. The more over supply we have the better chance that people can start to afford to buy their homes again. All these investment property portfolios have artificially pushed up prices beyond the average mugs affordability.

This comes from me a real estate investor who has benefited on the back of bad policy tax incentives to speculate. I should never been allowed to use tax payer money for my benefit. This has only made real estate way to expensive.

A 3 bedroom Harry Triguboff apartment of all things should not be worth anything near $1m ffs.

 

[Gronk]

I think that that is a good thing. The more over supply we have the better chance that people can start to afford to buy their homes again. All these investment property portfolios have artificially pushed up prices beyond the average mugs affordability.

This comes from me a real estate investor who has benefited on the back of bad policy tax incentives to speculate. I should never been allowed to use tax payer money for my benefit. This has only made real estate way to expensive.

A 3 bedroom Harry Triguboff apartment of all things should not be worth anything near $1m ffs.

A bullish real estate market is a symptom of a strong economy in a city with a high global liveability index ranking. If you want affordable, then you have to apply those same supply / demand laws and go live in a less popular city.

Name me an stunning city with amazing weather, on a harbour, lined with cool beaches with low unemployment, high wages, low crime with affordable housing. Yeah it doesn't exist.