Age also brings with it cynicism and over-analysis. Seems like you have been chewing on this for so long its time to spit it out.

I disagree. Population size is not the deciding factor in terms of sustainability. The term sustainability was unknown to most when this figure was first reached.

We don't all live on disconnected islands and your theory is not applicable. Sustainability is highly dependent on the practices of society and the demand on resources. Yes we are effectively raping and pillaging the Earth and this will continue for some time yet. Unfortunately change is dictated by consumerism and economics and not something that can be forced. Although oil based products are used abundantly in todays world, our future dependence will be dictated by technological advances in renewable technologies, rather than a depletion of non-renewable energy sources.

Depletion of rare Earth metals is another story all together..

Ohh I was listening..This stuff is written in the old science textbooks I still see lying around today. Its amazing to see that transition in common science based knowledge over the years. 

This is referenced from the 2013 textbooks written for the Australian curriculum. They state Coal >200 years. However, I take it with a grain of salt and it is really not possible to put an exact figure on it..My point being oil has a long way to go yet. And that is not assuming access to the vast resources that lie in countries where political or geographical constraints lie.

haha its not like I invested in them – the share price has gone south indicating a vote of no confidence. The fact test wells indicated higher grade shale means that there is yet another unknown deposit lying wait.

Now on a side note I'm getting my valuation completed next week after 6 months of extensive self renovation on my PPOR. Very rewarding being able to sit back and admire the work done and money saved.. I've decided to get a little inventive for the next purchase… Hopefully I'll no longer have the 'dumb as chips muppet' stereotype laying over my head

The Sunshine Coast market is certainly moving.. If you wanted the big discounts you have missed the boat.

I don't have time to keep up with you! Work is suffering 

And the ship is still sailing.. You don't think they're gonna give in that easily do you? I can smell the butter burning

http://bloom.bg/1ibXAqM

Nice to see some humility

I am far from understanding the complexities of investing. I guess only experience, exposure and a bucket load of reading will change that.. However, I could sit on the sidelines, like the majority do, or join the 'fools' and place myself strategically in a position to get lucky. 

It's usually ones greatest failures that drive people to succeed. Whatever happens I'm prepared.

I'll keep you updated on the progress of the portfolio over the coming 12 months (is that your current financial collapse prediction?). Maybe that China thing will kick in by then and you can really get stuck into it.

Freckle,

I was initially quite annoyed with your passive aggressive comments asking me to back up my opinions. I have been regularly reading this forum for a year now, and love the content – including your extreme views on just about everything. I especially liked your claims of robots taking over the workforce, with the included picture of a burger flipper. Classic.

I am passionate about property investing and therefore decided to join in the discussions to hear other peoples views about the property market I am invested in. I did not join to have my opinions, just opinions, discredited by claims of waffling.

Not every statement needs to be backed up by statistical analysis and charts. Working in the science field I understand the need for measured data to provide support for an observed event or process. But in terms of data supporting this Chinese rollercoaster everyone is on, I'm not biting. The future is not observable and only time will tell. Plus the old trading line comes to mind 'What you least expect to happen is what will often eventuate'. 

In particular, I am not 'buying' into the contraction of the Chinese economy and its effect on our property markets, because, put simply.

I'm not interested in CYCLES. My strategy is BUY and HOLD and long term at that.

We have fantastic serviceability, highly secure employment and most importantly

Work with the system not against it. 

And after all that, if you still need your 'fix' of statistics, have a read of Pete Wargents' article responding to Harry Dent's claims in his latest public offering.

Fantastic blogger, in my opinion

http://propertyupdate.com.au/harry-dent-on-australias-public-and-private-debt-true-or-false-pete-wargent/?inf_contact_key=30d20c5e9e7e064b4b14f7cf62cd63640d9e5385427d297d877a01df8de2fb48

Thanks for your comments Freckle. I was wondering if you were going to throw in your two cents.

I am well aware of your views on the worldwide economic climate. It is interesting though to note that the figure you have posted hardly strays away from a 20 year historical fluctuation in average employment growth/decline. Far from supporting your claims of 'changing rapidly'.

It seems the employment trend is switching from an even full-time/ part-time spread to a decline in full-time and increase in part-time employment. 

Tourism is is an industry heavily dominated by a short-term, migratory workforce on part-time employment conditions. Could this be evidence of a transitional shift and a growing demand for employment within this sector? Food for thought..

Brisbane vacancy rate on the increase, but still low. This is especially true in the CBD where there seems to be an influx of new higher end apartments

http://www.propertyobserver.com.au/queensland/brisbane-rental-market-down-in-october-sqm-research/2013111566384?utm_source=po&utm_medium=aida&utm_campaign=newsplus&utm_source=Property+Observer+List&utm_campaign=6956c65aaa-June_21_1_29_2013&utm_medium=email&utm_term=0_a523fbfccb-6956c65aaa-245377157

Its an interesting scenario at present.. 

Vacancy rates have had a lot of volatility in the last 6 months, but a trend seems to be developing in the downward direction. Net migration onto the coast has actually declined compared to historical standards, but that too seems to be reversing as well. Vacancy rates were at 2.3% this time last year.

Speaking to local agents I have been told of the heavy increase in applications from people moving down from Gladstone (Vacancy Rate – 5.8% currently) and other mining towns. As the work available is declining, people are seeking more desirable locations to live and taking advantage of the FIFO revolution. 

Lets see if Clive can deliver his promise of the new airport extension. An increase in flight pathways to the Sunny Coast from Australia wide is urgently needed to support this growing sector.