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cobran20

The Skyscraper Index

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really?

LOL

i hadn't heard of this kind of index before - but i am doubtful how reliable it is

" a correlation between construction of the next world's tallest building and an impending financial crisis"

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really?

LOL

i hadn't heard of this kind of index before - but i am doubtful how reliable it is

" a correlation between construction of the next world's tallest building and an impending financial crisis"

Those skyscrapers tend to get built when people are uber bullish with high expectations for the future. Nobody is going to pay for building one unless they expect a big return. As I see it, they're an expression of extreme excess, which tends to happens towards tops. Having said that, this study apparently found no correlation between height of skyscrapers being built and the business cycle!

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i hear the index is a predictor of the end of a financial meme, like uk, usa, oil in saudi arabia, now china and india already?

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Bad news for Melbourne! Or good news if you're waiting for the property bubble to pop?

http://www.news.com....9-1226514699810

Planned super skyscraper in Southbank would dominate Melbourne's skyline

EXCLUSIVE: THE tallest building in the southern hemisphere - a mammoth 388m skyscraper - is planned for Melbourne in a development that will radically alter the city skyline.

Designs for the huge Australia 108 are being finalised and, if approved, will feature 600 apartments, the nation's highest hotel and restaurants seemingly floating 84 stories above the city.

The 108-storey tower, which will be the 18th-tallest building in the world, is planned to rise near the 297m Eureka Tower.

Architects Fender Katsalidis, who also built Eureka, gained planning approval for a 228m apartment building on the 70 Southbank Boulevard site in 2010, despite objections from Melbourne City Council.

But Nonda Katsalidis has super-sized his plans by adding a 288-room hotel and sky deck on top, saying the economy had strengthened and Melbourne was more confident and ready for an iconic centrepiece.

"Buildings like this change cities, they make the city more dynamic, more interesting, more exciting," he said.

One of Australia 108's most striking features will be a two-storey sky lobby which will house two restaurants and two bars, extending 9m out of the building, 84-storeys above Melbourne.

A hotel check-in and swimming pool will also appear to hang over the city, with sections of glass floor enabling visitors to see all the way to the ground in a much larger version of Eureka's Sky Deck.

Although the skyscraper is intended to dominate Melbourne's skyline, Mr Katsalidis said it would form a pair with Eureka.

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such a shame, I really like Nonda's earlier and 'less monumental' work e.g. this one across from the Vic Market

art_w_spaces_3108-620x349.jpg

Can't say Eureka does much for me... nor does Melbourne really need buildings of that enormous scale IMHO.

Stole the following from here:

http://www.walkingmelbourne.com/forum/viewtopic.php?f=4&t=2474&view=previous

MelbTerrace3.jpg

MelbTerrace5.jpg

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Bad news for Melbourne! Or good news if you're waiting for the property bubble to pop?

I was surprised with how much building was going on when I was in Melbourne last week. I was expecting doldrums, but there seemed a general rush to build apartments. Is this inertia from 2010-11 or is there something else happening? I would be expecting apartment prices to be plummeting soon.

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