Bristol Chris Posted May 13, 2016 Share Posted May 13, 2016 So I have been reading some reports online that Austalia, especially West. Aust. is heading for a really bad recession in 2017. What does everyone think? Link to comment Share on other sites More sharing options...
VERYSTORMY Posted May 13, 2016 Share Posted May 13, 2016 WA went into recession almost a year ago Link to comment Share on other sites More sharing options...
newjez Posted May 13, 2016 Share Posted May 13, 2016 So I have been reading some reports online that Austalia, especially West. Aust. is heading for a really bad recession in 2017. What does everyone think? Not just Australia Link to comment Share on other sites More sharing options...
thl4kel Posted May 14, 2016 Share Posted May 14, 2016 As far as WA is concerned what indicators are there? Rentals are dropping in price all the time. People losing their jobs on FIFO who have property portfolios struggling to find tenants to rent them, falling house prices.... I remember how when I came across in 2009 the Aussies were all up themselves about how the GFC didn't effect them/ how great they are compared with everyone else.. Now its Australia's turn. Link to comment Share on other sites More sharing options...
JockinTas Posted May 14, 2016 Share Posted May 14, 2016 In the over 30 years we've lived here there have been a couple of bad recessions. Somehow most of us survived to tell the tale. Link to comment Share on other sites More sharing options...
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