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Old 11-10-2019, 06:50 AM   #961
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Default Re: Australia housing bubble

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I'm central Vic - regional fringe of Melbourne.

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.
I think the only thing saving Sydney from more over development is, it is surrounded by three huge National Parks and the sea. Not to mention topographically it is basically an island, the Nepean River almost meets the Hawkesbury.
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Old 11-10-2019, 08:19 PM   #962
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Default Re: Australia housing bubble

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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Old 11-10-2019, 08:28 PM   #963
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Default Re: Australia housing bubble

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I think the only thing saving Sydney from more over development is, it is surrounded by three huge National Parks and the sea. Not to mention topographically it is basically an island, the Nepean River almost meets the Hawkesbury.
Sydney still has an absolute ton of dirt ripe for development.

They just drag things out with rezoning and make residential lot development financially crippling.



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Old 12-10-2019, 10:41 AM   #964
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Default Re: Australia housing bubble

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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Old 12-10-2019, 12:53 PM   #965
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Default Re: Australia housing bubble

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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Old 12-10-2019, 01:08 PM   #966
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Default Re: Australia housing bubble

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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)
Gleeman Truck Parts - Western Sydney

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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Old 12-10-2019, 01:21 PM   #967
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Gleeman Truck Parts - Western Sydney

This is an interesting perspective about the current state of our economy:

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.
Yep, everyone wants to go to uni, learn everything in "theory", come out and walk into the top paying jobs. Doesn't happen like that anyone.
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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Old 12-10-2019, 02:34 PM   #968
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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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Old 12-10-2019, 02:44 PM   #969
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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.
I been approached by young blokes numerous times in my travels asking to be my offsider then process to tell me what they can not do.
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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Old 12-10-2019, 03:09 PM   #970
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I been approached by young blokes numerous times in my travels asking to be my offsider then process to tell me what they can not do.
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.
Gym junkies being weak? Image not translating into being capable of work due to last nights sesh? Yeah, seen that. It annoys me. Just because you bench 140, doesnt translate to actual work. When i show up these blokes at work with my anohrexic preying mantis frame with dad bod thrown on top and they ask what i bench. My response is i bench fat bitches. That shuts them up fast. I also do this thing that is these days unthinkable. At work i disconnect from anything personal and focus on the task at hand. None of this glued to a phone business. Work ethic is really hard to find these days. Its bred out i reckon. The acceptance of failure and personal image is a major factor in that. Work = house. House=work. House=expensive. Expensive=work. House= not renting. Rent=gets more expensive. So the rental market is for fools. Why cop it and complain. Granted i can control my income. Overtime is available. But for a salary, be good at the job, get yourself into such a state where the company will take a hit if you leave then ask, well, tell, for more. Things do not magically happen.
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Old 12-10-2019, 10:54 PM   #971
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Default Re: Australia housing bubble

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Gym junkies being weak? Image not translating into being capable of work due to last nights sesh? Yeah, seen that. It annoys me. Just because you bench 140, doesnt translate to actual work. When i show up these blokes at work with my anohrexic preying mantis frame with dad bod thrown on top and they ask what i bench. My response is i bench fat bitches. That shuts them up fast. I also do this thing that is these days unthinkable. At work i disconnect from anything personal and focus on the task at hand. None of this glued to a phone business. Work ethic is really hard to find these days. Its bred out i reckon. The acceptance of failure and personal image is a major factor in that. Work = house. House=work. House=expensive. Expensive=work. House= not renting. Rent=gets more expensive. So the rental market is for fools. Why cop it and complain. Granted i can control my income. Overtime is available. But for a salary, be good at the job, get yourself into such a state where the company will take a hit if you leave then ask, well, tell, for more. Things do not magically happen.
I don't want hard workers, I want smart workers and I want people with initiative - the latter is rare.

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.

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Old 13-10-2019, 12:59 PM   #972
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I don't want hard workers, I want smart workers and I want people with initiative - the latter is rare.

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.
Ofcourse you want smart workers, but just because you know your job well, still means you can be lazy.
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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Old 13-10-2019, 03:41 PM   #973
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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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Old 13-10-2019, 04:04 PM   #974
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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.
I work with a few blokes who work hard, but dont work smart, so they work harder then they should as they do not think. Does that sum it up?
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Old 13-10-2019, 04:09 PM   #975
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I work with a few blokes who work hard, but dont work smart, so they work harder then they should as they do not think. Does that sum it up?
Nah, I was referring to Franco's last post where he said this....

"I don't want hard workers, I want smart workers and I want people with initiative - the latter is rare."
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Old 13-10-2019, 04:38 PM   #976
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Nah, I was referring to Franco's last post where he said this....

"I don't want hard workers, I want smart workers and I want people with initiative - the latter is rare."
Initiative as all part of working smart. New solutions to an existing problem, getting it done with the same result but less time and effort. Its just getting in and not doing the slog, but smashing it out. As long as its the same result. Quality work, with a smarter technique. Any task, theres 400 different ways to acheive the same result. Some work for individuals better the others. But efficiency, or using the most efficient technique that suits a person is key.
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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