18 reasons why property prices will fall further

Discussion in 'Property Market Economics' started by JohnPropChat, 28th Feb, 2019.

Join Australia's most dynamic and respected property investment community
  1. CheckMate

    CheckMate Well-Known Member

    Joined:
    4th Dec, 2015
    Posts:
    109
    Location:
    Sydney
    Desalination plant
     
  2. Deck

    Deck Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    181
    Location:
    Goldcoast
    You re pretty optimistic here, the bloody thing is not going to produce much, even off, it costs a fortune and when running (after 8 months of preparation (just a switch LOL)) it consumes well over 100MW per day, better drink wine if needed.
     
    Last edited: 1st Mar, 2019
  3. Illusivedreams

    Illusivedreams Well-Known Member

    Joined:
    3rd Oct, 2017
    Posts:
    2,457
    Location:
    Sydney
    Ok ,check

    No need to have desalination plants around the world drink vine instead.
    Roger that.
     
  4. paulF

    paulF Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    2,111
    Location:
    Melbourne
    From memory, you need almost 1500 liters of water to make a bottle of wine ...
     
    KateSydney likes this.
  5. JohnPropChat

    JohnPropChat Well-Known Member

    Joined:
    10th Sep, 2015
    Posts:
    2,293
    Location:
    Middle Earth
    Market sentiment is rarely rational. Highly doubt Sydney will bottom out this year. First signs of clear trend will come next year.
     
  6. New Town

    New Town Well-Known Member

    Joined:
    8th Sep, 2015
    Posts:
    746
    Location:
    QLD & NSW
    Yes, have to add to the list that amply supply is now available. But the supply was desperately needed and so overdue in Syd.
     
    Last edited: 4th Mar, 2019
  7. Blueskies

    Blueskies Well-Known Member

    Joined:
    24th Aug, 2015
    Posts:
    1,769
    Location:
    Brisbane
    Sounds like a reasonable trade to me;)
     
  8. JB40

    JB40 Well-Known Member

    Joined:
    23rd Dec, 2017
    Posts:
    66
    Location:
    Sydney, Australia
    I believe the desalination plant only covers south of the harbour too.