Author Topic: 1978 pe still for sale  (Read 7746 times)

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Offline 80-85 husky

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Re: 1978 pe still for sale
« Reply #15 on: November 05, 2015, 08:20:46 pm »
remember all the tower cranes in the late 80's? and the apartments being given away in the following years...business hopping buildings like a low cost brothel as rents plummeted with massive oversupply.

remember the deals to build those towers were signed and sealed many moons ago. they are probably as nervous as cats on a hot tin  roof waiting to see if they can be rented.

I hope it levels out but I cant see much happening in the short term to seriously swing lots of cash into the economy.

my business sees it all 5 years before it hits the general public and we are on the doorstep of a bit of a slump. Recent job losses will see many "second mortgage" properties hit the market as rents drop below payments and the price plummet will commence. will not affect Sydney or melb as the chinese have it on their radar as the place to be before their assets get re nationalised...

so I think we will see a reset on wages and living costs in the next 3 - 5 years

im going to make a cup of tea and have a nice lie down....

Offline reg

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Re: 1978 pe still for sale
« Reply #16 on: November 06, 2015, 01:17:16 pm »
Thanks everyone bike has sold
Reg

Offline pmc57

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Re: 1978 pe still for sale
« Reply #17 on: November 09, 2015, 08:18:26 pm »
Hi Reg

Nice hybrid, can you give a brief of it's makeup? Noticed what I think are RM100/125 (1975) side covers in white that look a treat, what motor and frame?


Offline reg

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Re: 1978 pe still for sale
« Reply #18 on: November 10, 2015, 05:07:51 am »
thats right pmc57, pe frame and xr motor